China is hoarding the world's gold
China is hoarding the world's gold
China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
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I'd like you to tell me a better way for Xi to swim around in a giant moneybin like Scrooge McDuck.
Sure. And Trump gave his presidential salary to charity.
When you are a dictator, you don't need a salary.
Exactly.
This is actually, literally, propaganda. Almost fun to read because of how obvious it is.
I’m glad you recognize that, now apply it to western media. There is a huge global protest today. And hardly a whisper from American media.
global protest website only mentions American cities
Never change, America
That’s the big one on Washington. I don’t think they are coordinated other than the date. There’s one in London.
So you're anti-propaganda and globally aware, but still spreading CCP propaganda? Why share this article of you want people not to believe in political deception?
Not my post.
But it is your comment, the even more propagandistic one about Xi's humble, laudable, selfless annual salary
I was responding with a source to show money has less meaning in socialism. We tend to view China through a capitalist lens. They have different priorities and goals.
Not really. Globally, money still brings power. They have incredibly capitalistic international trade and relations.
Globally, because capitalism currently runs the world. But not internally. Billionaires regularly have their capital reappropriated.
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Freedom Plaza, 2PM
imagine being this naive
I linked an article, you linked nothing but feelings. And because I’m so naive, I’ll treat you to an education. He’s president for life, a dictator. The state provides everything for him. He doesn’t need a 401k.
On the books
Do people realize communism is moneyless, because from the comments I’m not sure they realize the goals of socialism?
If you think Xi isn't hoarding wealth for himself and his cronies you're delusional.
Source? Why would he? He doesn’t need to, he’s President for life. What’s he gonna buy? Graceland?
"Wealth" doesn't necessarily mean "money". I'm sure he can get money if and when he needs it.
My point is that regardless of what pay he collects on paper, he is extremely wealthy and he exerts control over the distribution of significant wealth within the PRC. Xi is about as communist as Putin is.
Communists are poor. Got it.
No, but hoarding wealth for personal gain is not exactly in line with communist ideology.
True