ot China demographics

Nov 23, 2021 Last reply: 2 years ago 25 Replies

On Tuesday, 23 November 2021 at 07:05:41 UTC-8, snipped-for-privacy@highlandsniptechnology.com wrote: ...

... What pipelines were shutdown?

Colonial's.

But that poorly governed capitalist organisation shut it down themselves, so their profits wouldn't be affected.

Poorly governed? Internally: they allowed themselves to be shafted by criminal hackers. Externally: government abdicated responsibility for regulation, and left it to the market.

Profits not affected? Their accounting and back-office systems were hit, not the pipeline control systems.

What's needed is a good bit of rational thinking and responsibility, to expunge the religion that "the marked knows best".

Yeah, I recall the Ronald Reagan TCP/IP Act of 1986. A real game changer.

The Chinese have a saying - "Dangerous men will meet, in narrow streets."

And so it was

...

Biden didn't shut down any active pipelines - on the other hand Trump did persuade OPEC last year to reduce output with the goal of raising oil prices. Although it has increased output since then it is not back to the same level before Trump meddled.

kw

Life in China has changed radically since the out-of-touch policy makers started this nonsense. Younger Chinses don't want families period, much less larger families. The policy will have no effect whatsoever

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