FairAndUnbiased
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- Nov 25, 2011
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CCP=China, and China=CCP
CCP are just a bunch of snowflakes. These guys start melting like snowflake cause some guy named Jack Ma said something about lending policies. Instead of defeating his arguments through a healthy debate they just shut him off.
Xi Jingping is dragging China backwards. China is no longer a Republic but rather being ruled by the Red Dynasty cause they do not value an average Chinese person's opinion.
Why would Taiwanese people want any of these backward practices ? You may not understand this, freedom is worth fighting for.
some things aren't up for debate and not all debate is good. a good example is actually Jack Ma. Do you know what he actually is in trouble for? Complex banking regulatory issues. Apparently, Ant Financial planned to borrow massive amounts of money at commercial rates, then lend small amounts of this money to consumers directly at payday loan rates (for financing e-commerce purchases), but were not registered as a financial institution and thus were not subject to the same regulations as banks even though they were acting as a bank. They would pocket the difference in interest rates as profit. Even if registered as a financial organization, I believe Muslims have a word for borrowing low then lending out money you borrowed low at high interest rates: ursury.
In particular, that case was handled by the book. the regulators and Ant Financial both disclosed their findings in the investigation, and Ant Financial isn't even shut down, they just need to reapply as a financial institution and restructure their business.
Anyhow, hard power is the key factor, not 'wants'.