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Thread: Life in the Hong Kong ‘gulag’, 15 months on.

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    Life in the Hong Kong ‘gulag’, 15 months on.

    The predictions by many Western pundits of tyranny and repression under Hong Kong’s 2020 security laws have failed to materialise.

    As of October 1, 15 months has passed since the enactment of the National Security Law (NSL) in Hong Kong. Back then the airwaves were filled with knee-jerk commentary from politicians in America, the UK, Europe, Australia and more condemning the enactment of the security laws, that were in reality no different from those in their own countries, and offering sanctuary for the hundreds of thousands if not millions of apparently terrified Hong Kongers.

    As a number of politicians and media likened HK to a gulag, it is interesting to take a look, 15 months on, to see just what has happened.


    Let’s start by looking at financial metrics:
    • The Hong Kong dollar remains stable at about 7.75 to the $US, right in line with its historical peg. There have been no signs of capital flight and Kyle Bass’s highly leveraged bet against the $HK, due to expire on December 31, looks like a loser. Hong Kong’s financial reserves remain extremely robust with a current balance of $US491 billion ($AUD664 billion). No sign here of massive outflows of capital.
    • Residential property prices, always an indicator of Hong Kong’s wellbeing, continue to hit all-time highs. Move on, nothing to see here.
    • The HK stockmarket remains firmly in the world’s top five, and sits in third place worldwide for IPOs in the first half of 2021. In spite of all the negatives the HK market remains a favoured choice for IPOs.


    A disappointment for Mike Pompeo , Donald Trump , and millions of American right-swingers .

    ........https://johnmenadue.com/what-crackdo...r-mike-pompeo/

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    Quote Originally Posted by PJL View Post
    The predictions by many Western pundits of tyranny and repression under Hong Kong’s 2020 security laws have failed to materialise.

    As of October 1, 15 months has passed since the enactment of the National Security Law (NSL) in Hong Kong. Back then the airwaves were filled with knee-jerk commentary from politicians in America, the UK, Europe, Australia and more condemning the enactment of the security laws, that were in reality no different from those in their own countries, and offering sanctuary for the hundreds of thousands if not millions of apparently terrified Hong Kongers.

    As a number of politicians and media likened HK to a gulag, it is interesting to take a look, 15 months on, to see just what has happened.


    Let’s start by looking at financial metrics:
    • The Hong Kong dollar remains stable at about 7.75 to the $US, right in line with its historical peg. There have been no signs of capital flight and Kyle Bass’s highly leveraged bet against the $HK, due to expire on December 31, looks like a loser. Hong Kong’s financial reserves remain extremely robust with a current balance of $US491 billion ($AUD664 billion). No sign here of massive outflows of capital.
    • Residential property prices, always an indicator of Hong Kong’s wellbeing, continue to hit all-time highs. Move on, nothing to see here.
    • The HK stockmarket remains firmly in the world’s top five, and sits in third place worldwide for IPOs in the first half of 2021. In spite of all the negatives the HK market remains a favoured choice for IPOs.

    A disappointment for Mike Pompeo , Donald Trump , and millions of American right-swingers .

    ........https://johnmenadue.com/what-crackdo...r-mike-pompeo/
    So then everything is OK? Cool.
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    Admiral Ackbar (10-17-2021)

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    First of all @PJL Congratulations on our .50 Yuan for this post as always. Secondly when freedom, rule of law and civil society go the fall comes slower.

    How many people from abroad do you think are going to move to Hong Kong and subject themselves to the Communist oppression.

    For example Hong Kongers that can escape to the free world are not going to talk about it. Hint that is what living under the CCP is all about.

    Link here

    https://www.bbc.com/news/world-asia-china-56585731


    In fact, over the past few years it has become harder and harder to get ordinary people to speak their mind about the city's relationship with the mainland.



    Lee Jonghyuk, an assistant
    Sharing that observation with a friend in Hong Kong, the response was a cynical "Lol", with a sober afterthought: "That's how authoritarian regimes work."


    professor at Singapore's Nanyang Technological University, told the BBC that sensitive topics of conversation would "naturally perish" under these kinds of circumstances.


    Another look at how Hong Kong is doing 15 months on!


    Beijing is systematically erasing the civil and political rights people long enjoyed, including freedom of expression, association, and peaceful assembly, access to information, and academic freedom. Citizens no longer have the right to participate in free and fair elections and to run for office. The authorities are shutting down the free media, cutting off funding for the pro-democracy movement, and depriving those accused of political crimes of their fair trial rights. Impunity for police abuse is expanding.

    https://www.hrw.org/news/2021/06/25/...s-free-society


    Yes things going well. It is well know fact that economies where these types of freedoms are seized by an occupying force thrive in the long run.

    The façade of Hong Kong still stands. The core is rotten just like the country that that occupies it.

    God Bless America, God Bless Donald Trump and God Bless the Heros of January 6th

    The Chairman smiles down on his .50 Yuan Warrior @PJL

    Mao.jpg


    PS. @PJL.. I hope the picture of Chairman Mao doesn't get you in trouble. I understand Chairman Winnie the Pooh gets pissed about these things. He wants to the CCP cult to be about him.


    Also rumor is there was attempt on his life. Any word from your handlers on that?
    "Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales

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    Cotton1 (10-18-2021)

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    Quote Originally Posted by Admiral Ackbar View Post
    First of all @PJL Congratulations on our .50 Yuan for this post as always. Secondly when freedom, rule of law and civil society go the fall comes slower.

    How many people from abroad do you think are going to move to Hong Kong and subject themselves to the Communist oppression.

    For example Hong Kongers that can escape to the free world are not going to talk about it. Hint that is what living under the CCP is all about.

    Link here

    https://www.bbc.com/news/world-asia-china-56585731





    Another look at how Hong Kong is doing 15 months on!





    https://www.hrw.org/news/2021/06/25/...s-free-society


    Yes things going well. It is well know fact that economies where these types of freedoms are seized by an occupying force thrive in the long run.

    The façade of Hong Kong still stands. The core is rotten just like the country that that occupies it.

    God Bless America, God Bless Donald Trump and God Bless the Heros of January 6th

    The Chairman smiles down on his .50 Yuan Warrior @PJL

    Attachment 43438


    PS. @PJL.. I hope the picture of Chairman Mao doesn't get you in trouble. I understand Chairman Winnie the Pooh gets pissed about these things. He wants to the CCP cult to be about him.


    Also rumor is there was attempt on his life. Any word from your handlers on that?
    You are a true Patriot! Thank you
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    Yeah, and the Nazis did not destroy the economy of France either, the Cafe's and wine makers stayed open for business.

    The CCP wants Hong Kong to do well under their thump so they can Loot those Capitalist profits. They want to do the very same with Taiwan BTW...................

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    Quote Originally Posted by RMNIXON View Post
    Yeah, and the Nazis did not destroy the economy of France either, the Cafe's and wine makers stayed open for business.

    The CCP wants Hong Kong to do well under their thump so they can Loot those Capitalist profits. They want to do the very same with Taiwan BTW...................
    China , and their government , the CCP , wants the whole of Asia to do well.....and that's exactly what's happening . Taiwan will suffocate increasingly , under US influence ......they will thrive , with the rest of the Asian region ,and the world under Chinese influence , in the same way that Hong Kong was suffocating under US influence . Honk Kong is now thriving once again ......You can't prevent it ........You may as well try to stop the tide from coming in , or the sun from rising in the morning .
    Last edited by PJL; 10-17-2021 at 11:55 PM.

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    Quote Originally Posted by PJL View Post
    The predictions by many Western pundits of tyranny and repression under Hong Kong’s 2020 security laws have failed to materialise.

    As of October 1, 15 months has passed since the enactment of the National Security Law (NSL) in Hong Kong. Back then the airwaves were filled with knee-jerk commentary from politicians in America, the UK, Europe, Australia and more condemning the enactment of the security laws, that were in reality no different from those in their own countries, and offering sanctuary for the hundreds of thousands if not millions of apparently terrified Hong Kongers.

    As a number of politicians and media likened HK to a gulag, it is interesting to take a look, 15 months on, to see just what has happened.


    Let’s start by looking at financial metrics:
    • The Hong Kong dollar remains stable at about 7.75 to the $US, right in line with its historical peg. There have been no signs of capital flight and Kyle Bass’s highly leveraged bet against the $HK, due to expire on December 31, looks like a loser. Hong Kong’s financial reserves remain extremely robust with a current balance of $US491 billion ($AUD664 billion). No sign here of massive outflows of capital.
    • Residential property prices, always an indicator of Hong Kong’s wellbeing, continue to hit all-time highs. Move on, nothing to see here.
    • The HK stockmarket remains firmly in the world’s top five, and sits in third place worldwide for IPOs in the first half of 2021. In spite of all the negatives the HK market remains a favoured choice for IPOs.


    A disappointment for Mike Pompeo , Donald Trump , and millions of American right-swingers .

    ........https://johnmenadue.com/what-crackdo...r-mike-pompeo/
    Traders and whales are very active in the crypto markets. They are 12 hours ahead of me so I watch what they do early in the morning as it tends to set the tone.

    I still hate commies.
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    Quote Originally Posted by Cotton1 View Post
    Traders and whales are very active in the crypto markets. They are 12 hours ahead of me so I watch what they do early in the morning as it tends to set the tone.

    I still hate commies.
    You've been trained from the cradle to hate "commies" . Hating "commies" is an essential part of being an American . There's an old saying here in Australia - "you can pick your friends , and you can pick your nose . But , you can't pick your friend's nose " . I think there's something in that , for all of us .

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    Quote Originally Posted by PJL View Post
    You've been trained from the cradle to hate "commies" . Hating "commies" is an essential part of being an American . There's an old saying here in Australia - "you can pick your friends , and you can pick your nose . But , you can't pick your friend's nose " . I think there's something in that , for all of us .


    Why do you hate freedom? Why do you support despotic regimes?
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by DGUtley View Post
    Why do you hate freedom? Why do you support despotic regimes?
    It is what tried and true communists do?
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
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