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.
7 0 Reply5 0 ReplySure. And Trump gave his presidential salary to charity.
29 0 ReplyWhen you are a dictator, you don't need a salary.
12 0 ReplyExactly.
3 0 Reply
This is actually, literally, propaganda. Almost fun to read because of how obvious it is.
4 0 ReplyI’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.
6 0 Replyglobal protest website only mentions American cities
Never change, America
5 0 ReplyThat’s the big one on Washington. I don’t think they are coordinated other than the date. There’s one in London.
1 0 Reply
On the books
2 0 ReplyDo people realize communism is moneyless, because from the comments I’m not sure they realize the goals of socialism?
3 0 ReplyIf you think Xi isn't hoarding wealth for himself and his cronies you're delusional.
3 0 ReplySource? Why would he? He doesn’t need to, he’s President for life. What’s he gonna buy? Graceland?
1 0 Reply"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.
1 0 ReplyCommunists are poor. Got it.
2 0 ReplyNo, but hoarding wealth for personal gain is not exactly in line with communist ideology.
1 0 ReplyTrue
2 0 Reply