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This paragraph from Bill Blain, of Blain’s Morning Porridge,
via Zero Hedge offers as good a realistic summary of the possible outcomes of
the Hong Kong protest movement. I warn you in advance. Writing from Great
Britain, Blain is not optimistic:
Realistically, the protestors have zero chance
of achieving democracy, and they must know that. The protests are impressive, but poking a
hornet’s nest is never smart. Eventually China will clamp down or the Hong Kong
economy becomes irrelevant. The cynical position for the US is a win/win:
Pro-democracy protests will ultimately undermine Xi’s authority, while
precipitous action by China will allow the US to claim the moral
high-ground. But the protestors will be very mistaken if they expect the US
to bail them out. Hong Kong isn’t on the
US list. But is full of smart, well
educated UK passport holders who could be of great use here in the UK.
(Years ago someone proposed the UK gives Hong Kong 100 square miles of
otherwise empty land, and 50 years later it would be the richest city in
Europe!)
3 comments:
I can see another flotilla of "boat people" leaving Hong Kong coming up.
On the other hand, poking the hornet's nest is exactly what the colonists did, over and over.
We should take them all, but we are full-up with sub-literate, drunken Indios. We chose...poorly.
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