Not Spock

Everybody's favorite Vulcan was forever describing things as fascinating. He rarely used the word interesting.

This little observation I find interesting, or at least its implications.

Gateway presents this news item telling how Chinese cities are repossessing properties belonging to the bankrupt Evergrande real estate colossus. This would appear to be a flagrant violation of the way we view how things are done in Red China. One would expect permission to be required from Shih and the boys in the Forbidden City.

This vid gives some insight into the Red economy (bear with the presenter's rather strong Indian accent). The Strong 100, as they are known, are the big real estate firms and the ones behind much of Red China's economy. They've built Potemkin cities all over the world as well as apartments and infrastructure, much of it tofu dreg, throughout old Cathay. The Evergrande mess is emblematic of a much more systemic economic problem.

In the immortal words of Linda Richman, discuss : Does the sort of fiscal arrogation in seizing properties in recompense for unpaid revenue signal the beginning of a larger demand for autonomy? We've already seen how a lot of Chinese yoots are dropping out of the 996 (9 to 9, 6 days a week) rat race because they see nothing in it for them. Is this a harbinger of nascent rebellion like Yuri Andropov dropped on us in the late 60s?

Riddle me that one, batfans.