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www.cogitations.co The Rise and Fall of LGFVs

Part 1: How China's local government financing vehicles (LGFVs) became China's most complex economic challenge.

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Strike That Killed World Central Kitchen Workers Bears Hallmarks of Israeli Precision Strike
  • According to Allen Weinstein, the founder of the NED, "A lot of what we do today was done covertly 25 years ago by the CIA".

    The NED is not the CIA (and the degree of inter-agency cooperation is likely not much greater than that between the CIA and NSA), but it serves the same purpose as an arm of the US intelligence apparatus. This is indisputable, as admitted directly by the founder of the NED.

    IIRC with the pending fall of the Soviet Union (the primary counterweight to US influence) the US no longer saw a need for covertly influencing governments.

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    Strike That Killed World Central Kitchen Workers Bears Hallmarks of Israeli Precision Strike
  • Usually not the biggest fan of bellingcat because they tend to be overconfident (and often wrong as a result), but when you have a surplus of information like in this case there's little they can deny...

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  • edition.cnn.com Biden administration set to greenlight $18 billion sale of F-15 fighter jets to Israel | CNN Politics

    The Biden administration is close to approving the sale of as many as 50 American-made F-15 fighter jets to Israel, in a deal expected to be worth more than $18 billion, according to three people familiar with the matter.

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    www.pbs.org Israeli strike kills 4 foreign aid workers, Palestinian driver after delivering food, Gaza medical officials say

    Footage showed the bodies of the five dead at Al-Aqsa Martyrs Hospital in the central Gaza town of Deir al-Balah. Several of them wore protective gear with the charity's logo.

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    China calls for probe after five Chinese engineers killed in suicide attack in Pakistan
  • Funny how ETIM is only a problem when it helps your argument. Otherwise, it's "I can't imagine why the Sea Sea Pea would do such a thing to poor innocent Uyghurs."

    The lack of terrorist attacks and mass shootings in China recently shows that whatever they're doing, it's working. China won the War on Terror.

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    China calls for probe after five Chinese engineers killed in suicide attack in Pakistan
  • China and Taiwan is a domestic issue stemming from civil war, which you'd know if you ever picked up a history book. There's a reason Taiwan's current territorial claims are larger than the entirety of mainland China's (China signed some treaty with Vietnam, which Taiwan does not recognize).

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    China calls for probe after five Chinese engineers killed in suicide attack in Pakistan
  • China doesn't typically intervene in clearly foreign affairs unless Chinese citizens are harmed. This is as true in Sri Lanka as it will be in Pakistan. Balochistan's days are numbered.

    Edit: isn't it just a little odd that Russia, Iran, and Pakistan (but really China) just conveniently got hit by terrorist attacks in the first 3 months of 2024?

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  • indianexpress.com China calls for probe after five Chinese engineers killed in suicide attack in Pakistan

    A suicide bomber rammed an explosives laden vehicle into a convoy of Chinese engineers which was on its way from Islamabad to their camp in Dasu in the Khyber Pakhtunkhwa province.

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    Court ruling effectively outlaws Islamic schools in India’s most populous state
  • Real "cultural genocide" is when your schools have specific halal canteens in the dining hall.

    Freedom and democracy is when you outlaw Islamic schools.

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  • www.cnn.com Court ruling effectively outlaws Islamic schools in India’s most populous state | CNN

    A court in India’s most populous state has effectively banned Islamic schools by striking down on a law governing madrasas, weeks before a nationwide election that could further polarize the world’s largest democracy along religious lines.

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    www.bloomberg.com China’s Tech Sector May Rival Property as Growth Driver, BE Says

    China’s high-tech sector is driving an increasing amount of demand for goods and services in the world’s second-biggest economy, and its contribution could rival real estate by 2026, according to Bloomberg Economics.

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    U.S. wades into India-China spat, says border state belongs to New Delhi
  • Following the fall of the Qing Dynasty (and the ensuing Kuomintang government led by Sun Yat-sen and then Chiang Kai-shek), Tibet separated from China (an de facto independence which was never recognized by either China, Britain, or India) and began negotiations with the British to demarcate the line separating Tibet from India. In an effort to gain de jure recognition of the Tibetan state, Tibet gave up Arunachal Pradesh (among other territories) to the British. China at the time has bigger issues to worry about (internal turmoil from regime change, the Japanese threat, and then the civil war that saw the formation of the PRC), and while it never recognized British-Tibetan negotiations it took no action against it. In 1949, the PRC officially supplants the ROC and by 1950, Mao Zedong annexes Tibet with less than 300 total casualties from both sides.

    The British negotiated with a government they didn't recognize to take territory away from a government they did. Sounds familiar? Maybe it's understandable, since Britain had more pressing concerns in Europe at the time.

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  • asia.nikkei.com U.S. wades into India-China spat, says border state belongs to New Delhi

    Washington opposes encroachments over boundary that Beijing insists is not decided

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    www.bbc.com Evergrande: China property giant and its founder accused of $78bn fraud

    Former billionaire Hui Ka Yan has been fined and faces being banned from the financial markets for life.

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    www.themoscowtimes.com China, Russia, Iran Holding Joint Naval Drills - The Moscow Times

    The navies of China, Russia and Iran are staging joint drills in the Gulf of Oman this week, Beijing said Monday.

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    America is driving Germany’s deindustrialisation
  • Recession is a fact. PMI contraction is a fact. When your government has taken on debt with the assumption that number keep go up, that's a problem.

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  • www.newsweek.com Russia destroys 3 Abrams tanks, 3 HIMARS and 8 Bradleys in 10 days: Moscow

    The U.S. has sent a total of 31 Abrams tanks and 186 Bradley infantry fighting vehicles to Ukraine, along with four Bradley support vehicles.

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    The Australian government will lift import tariffs on a wide range of consumer goods including toothbrushes, chopsticks and pens in an effort to lower rising household living expenses and business costs.

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    www.aljazeera.com Israel to restrict access to Al-Aqsa Mosque during Ramadan

    PM’s office says Israel will impose some restrictions on access to Old City site during Islamic holy month.

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    www.kyivpost.com Macron Ready to Send Troops to Ukraine if Russia Approaches Kyiv or Odesa

    At a meeting with a range of political parties, the President of France floated a scenario that could potentially lead to French troops deployed in Ukraine.

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    www.sfchronicle.com Piece of airplane tire falls off United flight during SFO takeoff, landing in employee parking lot

    A United Airlines flight headed to Japan lost a portion of a tire during takeoff, San Francisco International Airport spokespersons said Thursday.

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    Why is Biden blocking the cheapest, most popular EVs in the world?
  • Interesting receipts you provide... Receipts with zero evidence actually provided.

    OP is correct. The fact is that Chinese cars sold for export are substantially more expensive than those sold for domestic consumption. Unless your argument is that they're... Dumping domestically?

    Better tell all the investors, then.

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    Why is Biden blocking the cheapest, most popular EVs in the world?
  • It costs more to own because it loses value more quickly... You mean, like all EVs? Or were you talking about the car losing half of its value the minute it drives off the lot?

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  • www.france24.com Argentina's Milei tells school kids abortion is 'murder'

    President Javier Milei said he considers abortion, which is legal in Argentina, to be "murder", in a speech to high school students on Wednesday.

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    www.bbc.com Israel approves plans for 3,400 new homes in West Bank settlements

    An Israeli minister has said the construction is a response to a recent deadly Palestinian attack.

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    www.theguardian.com Retired US army colonel charged with sharing Ukraine secrets on dating site

    David Franklin Slater is accused of illegally disclosing military information with person who called him ‘secret informant love’

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