barrel_of_a_gun [none/use name]

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  • 17 Comments
Joined 6 days ago
Cake day: September 10th, 2025
  • barrel_of_a_gun [none/use name]@hexbear.nettosino@hexbear.net•Major changes in the Chinese model have been announced by XiEnglish
    16·
    21 hours ago

    https://hexbear.net/comment/6505016

    This dude Arnaud Bertrand is always hyping up everything and anything. I guess if you get a XHS take, who hypes nothing ever, you can triangulate how important that stuff is. Its basicaly some general fiscal and market economy signals going into the the next 5YP.

    Firstly that some sectors should reign in price wars and consolidate (EVs in particular), and signals the CPC may be ready to pull the plug of this development phase in EVs and some other high tech sectors and eliminate smaller players while keeping the winners and more predictable market practices.

    “promote ‘orderly exit’ of outdated capacities”,“improve fiscal systems, statistical frameworks, and credit mechanisms to promote market unity” “rein in ‘chaos’ in local practices of attracting investments”

    I guess these are some about local government dept, financial mechanisms, liquidity and swaps. Its signals from the party that some “centrally supervised capital discipline” project is in order and will continue. More importantly liquidating local government financing vehicles (LGFVs) -and the dept accumulated allong the way that everyone has been fearmongering about- that basically acted as a shroud to veil the very undisciplined financial behaviors of local govts. According to this recent gov paper reviewing the last 5 year plan

    “By the end of June 2025, over 60% of financing platforms had exited, meaning that over 60% of these platforms’ hidden debts had been eliminated” . Most likely a mix of land collateral asset holding firms and real estate firms getting unwound. The CPC in general seems less concerned about a systemic danger from local dept situation than it was a couple of years ago. Restructuring and cleaning up of local finance has been quitely going on, with some pain of course, and will continue

    Also this

    from the HB news mega

  • barrel_of_a_gun [none/use name]@hexbear.nettonews@hexbear.net•Story they’re going with now: Tyler Robinson’s roommate (the one who helped the cops) was trans and they might have been in a romantic relationshipEnglish
    75·
    3 days ago

    important to remember this is because people want to believe these lies: see https://redsails.org/false-witnesses/ and https://redsails.org/masses-elites-and-rebels/

    both essays are incredible and i always highly reccomend reading both, but i will put a couple of relevant parts below.

    from false witnesses:

    But it is the case. Let’s go through that list again. The following are all true of the people spreading the Procter & Gamble rumor:

    They didn’t really believe it themselves. They were passing it along with the intent of misinforming others. Deliberately. They did not respect, or care about, the actual facts of the matter, except to the extent that they viewed such facts with hostility. Being told that the Bad Thing they were purportedly upset about wasn’t real only made them more upset. Proof that the 23rd largest corporation in America was not in league with the Devil made them defensive and very, very angry.

    …

    But in truth they were neither innocent nor dupes. The category of innocent dupe does not apply here. No one could be honestly misled by such a story. The only way to have been misled by it is dishonestly — which is to say deliberately, willingly and willfully. They are claiming to believe a foolish thing, but they are not guilty of foolishness. They are guilty of malice.

    from masses elites and rebels:

    In short: Westerners aren’t helpless innocents whose minds are injected with atrocity propaganda, science fiction-style; they’re generally smug bourgeois proletarians who intelligently seek out as much racist propaganda as they can get their hands on. This is because it fundamentally makes them feel better about who they are and how they live. The psychic and material costs are rationally worth the benefits. As for those anti-imperialists who don’t participate in this festival of xenophobia — and here I include myself — we have our own elitist consolation: we accept the tragedy of masses of gullible sheeple falling for cunning propaganda because having overcome it flatters our own intelligence. The more we condemn society’s stupidity, the smarter we feel in comparison.