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China will consider democracy only when the credit bubble pops which will delegitimize the Communist party. Tianamen square was at the inflection point when Inv
by perlpimp 9y ago
China will consider democracy only when the credit bubble pops which will delegitimize the Communist party. Tianamen square was at the inflection point when Investment flooded into corrupt post maoist china, democratic movement was everywhere but was quashed by increasingly belligerent communists apparatchiks.
- seanmcdirmid 9y agoThe CCP has only been able to eliminate dissent by eliminating moral hazard. They promised that the bubbles won't pop, so when they do, it isn't going to be pretty at all.
- helloindia 9y agoHasn't happened in India, yet.