I look at these reports like those “best suburbs to invest in real estate”. If you’re reading about it, it’s no longer relevant. He has probably moved on and at a new location.
The best thing about Jack Ma is that he used his wealth to make a film where he plays himself as the best martial artist in the universe who goes around the world beating up famous fighters. I did not make a single word of that up
China stands up to their billionaires and holds them accountable for their shortcomings. Unlike capitalistic America where billionaires bribe the government in the name of democracy
I used to think that China was on course to take over US hegemony. Then their real estate crisis hit, then they clear cut their Fintech companies, then this insanity with covid. Its like China is trying to do everything wrong.
In the 80s it was going to be Japan overtaking US as world economic king and then its economy crashed in 1990. Despite the challenges it seems the US still remains top!
I read a book in 2016 called "The Perfect Dictatorship: China in the 21st century" by a political scientist named Stein Ringen. In it he predicts the real-estate collapse, as the entire industry was propped up artificially by the government. He also writes extensively about the black market, corruption and how much money is illegally taken out of China every year. The scale is insane, and despite their successful media campaign making some believe the Beijing government are in full control of everything in China, they are absolutely not.
The thing about China/CCP is that they are very very patient. Like they are setting goals and strategies that take decades to achieve. And they are willing to take losses in the short term for long term regime “stability”.
Their population issues were going to stop them just like they stopped Japan. If the US is smart they will keep immigration high enough to keep our population growing (and brain drain some of our enemies while adding to our own power).
That's a problem with dictatorship. The dictator promises good government if you sell your soul to the devil. And for a few years, a few decades the contract works.
Yeah yeah, Xi Jinping bad and all that, but Jack Ma can go fuck himself and so can all you cunts who use him in your propaganda. This piece of shit was openly pushing the 996 work culture and other shit to increase business at the expense of workers.
That's the hypocrisy of the west and most of reddit - they'd chastise 996 work culture but cheer on the man that openly and brazenly pushed it purely to spite China. Honestly just unhinged shit.
He does come across as one of the true intelligent entrepreneurs in China that didn't seem to make money or have success through the party and state. It makes me respect him more that he's smart enough to notice that he might have a dictator over him and it's probably wise to have a home where it'll be a lot harder to kidnap him in the middle of the night.
The best thing we could do for ourselves is probably to accept large numbers of refugees from places like Russia, Iran, and China. We would get a massive new pool of educated people who share our values and the brain drain alone would probably fuck them over.
Wonder how much Xi let him keep before destroying the Zemin factions investments or if he’s just lucky to be alive. For a guy as smart as Ma, he should of seen Xi morphing into Mao long ago.
I'm not impressed by Ma. I don't like Aibaba. I do think the CCP is a ryeanical regime full of small minded bureaucrats. These pinheads don't want anyone pointing out their incompetence.
This is the best tl;dr I could make,
Way to snitch, Guardian
I look at these reports like those “best suburbs to invest in real estate”. If you’re reading about it, it’s no longer relevant. He has probably moved on and at a new location.
Damn! Dude's been MIA for a while now. He owns over one hundred acres of land in Virginia too.
You can probably just go in that land lol
He also bought a 100k in upstate new york
Wait, you're telling me Jack Ma owns the Hundred Acre Wood? No wonder Pooh wants him gone!
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A hundred acres of what? A 1/4 section of land is 160 acres and an average farmer owns many of those…
100 acres isn’t that much. I bet it’s more like thousands. Unless it’s super close to DC or something, then it would be impressive.
I wouldn't be surprised if Ma is there in Virginia now and the Guardian is just behind on his whereabouts.
The best thing about Jack Ma is that he used his wealth to make a film where he plays himself as the best martial artist in the universe who goes around the world beating up famous fighters. I did not make a single word of that up
Link? Is it called:
Xi shook down the oligarchs just like Putin did.
THEY ARE HALF the problem, the other is we have corporations just buying up houses and sitting on it
I'd rather have my billionaires afraid of the government than above the government
Why are you referring to Jack Ma as oligarch instead of billionaire?
this is what tRump was aiming for and why dictators all miss him.
Capitalists are the dictators!
China stands up to their billionaires and holds them accountable for their shortcomings. Unlike capitalistic America where billionaires bribe the government in the name of democracy
Pure CIA Capitalist propaganda.
why do they buy real-estate instead of say hiding it in offshore bank or so?
They don’t “have” to hide shit. Take their money and toss it back rather than continue letting them fuck over the poor in other countries.
I was once told “you never actually own anything in China, you just borrow it”. That has always stuck with me.
I used to think that China was on course to take over US hegemony. Then their real estate crisis hit, then they clear cut their Fintech companies, then this insanity with covid. Its like China is trying to do everything wrong.
Thats the problem with autocrats. The whole thing starts falling apart once they go paranoid/senile.
In the 80s it was going to be Japan overtaking US as world economic king and then its economy crashed in 1990. Despite the challenges it seems the US still remains top!
Xi cares more about retaining power than the overall prosperity of China.
I read a book in 2016 called "The Perfect Dictatorship: China in the 21st century" by a political scientist named Stein Ringen. In it he predicts the real-estate collapse, as the entire industry was propped up artificially by the government. He also writes extensively about the black market, corruption and how much money is illegally taken out of China every year. The scale is insane, and despite their successful media campaign making some believe the Beijing government are in full control of everything in China, they are absolutely not.
Their demographics have not been the greatest, neither for the economy/society that they want in the future, or the economy/society they have now.
The thing about China/CCP is that they are very very patient. Like they are setting goals and strategies that take decades to achieve. And they are willing to take losses in the short term for long term regime “stability”.
Their population issues were going to stop them just like they stopped Japan. If the US is smart they will keep immigration high enough to keep our population growing (and brain drain some of our enemies while adding to our own power).
That's a problem with dictatorship. The dictator promises good government if you sell your soul to the devil. And for a few years, a few decades the contract works.
I honestly thought he was done for when nobody heard about him after he criticized the Chinese gov. I think it was 2 years ago-ish?
It was absolutely insane how they just made him disappear after making what sounded like realistic and minor criticism of government policy changes.
sounds like the proscriptions
Being one of the wealthiest people in China seems like a really bad plan.
Yeah yeah, Xi Jinping bad and all that, but Jack Ma can go fuck himself and so can all you cunts who use him in your propaganda. This piece of shit was openly pushing the 996 work culture and other shit to increase business at the expense of workers.
Well said
That's the hypocrisy of the west and most of reddit - they'd chastise 996 work culture but cheer on the man that openly and brazenly pushed it purely to spite China. Honestly just unhinged shit.
OOL What we’re some of the policies Xi implemented that shook up the tech indusryy
Yep
Nothing like being black-bagged by CCP goons to make a guy prefer living abroad.
my OGs told me not to trap in the same place you lay ya head, Jack should’ve had a better OG.
Oh shit they revived him again. I wonder when he’s going to be killed again.
Don't they say this every 6 months and then he pops out again?
According to both Marx and Confucius, merchants are the lowest class.
"Thanks for blowing up my spot" Jack Ma right now
Glad he's hiding out somewhere and was able to get a good chunk of his wealth out as well. Can't imagine Japan has an extradition treaty with China.
He goes back to China from time to time since he’s got massive investments in the country. It’s not like he’s a fugitive or something l.
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He does come across as one of the true intelligent entrepreneurs in China that didn't seem to make money or have success through the party and state. It makes me respect him more that he's smart enough to notice that he might have a dictator over him and it's probably wise to have a home where it'll be a lot harder to kidnap him in the middle of the night.
He is very intelligent, but there is no way anyone is running anything more than a SME without the government taking interest in it.
The best thing we could do for ourselves is probably to accept large numbers of refugees from places like Russia, Iran, and China. We would get a massive new pool of educated people who share our values and the brain drain alone would probably fuck them over.
What makes you think they would share your values?
This is the solution. I don’t understand why people hate immigrants so much. Bringing in people just makes your country stronger.
Or we can put much more effort into educating Americans for the future work marketplace.
Stay safe
Heck, if I were Jack Ma, I'd get the fuck out of China with my family as well, especially after previously having
If he needs to hide some assets he can gift me some cash
MA goes MIA
Didn't he disappear back in 2020 then pop back up weeks later with a different tone about the Chinese government? I vaguely recall something about it
Smart man. Japan will be hard for Xi to snatch him from.
Crying with Masayoshi Son？
Maybe he's on vacation
Tokio hotel
Food is good, can blend in, can still go around to different places and do business. I don't see why not.
Jack Ma isn't blending in anywhere with that face of his.
Can he help to make a revolution in China?
That's like wanting Elon Musk to lead a revolution in the USA. What a terrible idea.
Anyone see The Last Emperor ? Feels like he’s getting Puu Yi’d
| Jack Ma
Wonder how much Xi let him keep before destroying the Zemin factions investments or if he’s just lucky to be alive. For a guy as smart as Ma, he should of seen Xi morphing into Mao long ago.
He can rename himself to Jack Uma
Jack in hiding cuz Jack don't wanna die.
TIL he owned South China Morning Post. FYI this paper is like DW, the main press consumed by foreigners except it's in HK.
In communist China, government eats billionaire
https://thethaiger.com/hot-news/tourism/alibabas-jack-ma-enjoys-a-visit-to-bangkok?fbclid=IwAR0xqV-gfOQ0EZxMTYp24XVDRa_gtZc_THJi62CHjF3Z10MM7yHiX4QPOD4&mibextid=Zxz2cZ
Look Ma, no hands.
Poor man finding barely a place for hiding out, although having all the money.
CCP: dwwaa-aaack you can won but wu cannot hride
So what !! No china people is care
Ramen instead of tea with the police any day.
I thought I was looking at a picture of a deep sea fish at first..
Never thought someone found him. I bet 9 dogecoins they misidentify someone. He is just a wealthy tourist on vacation.
I'm not impressed by Ma. I don't like Aibaba. I do think the CCP is a ryeanical regime full of small minded bureaucrats. These pinheads don't want anyone pointing out their incompetence.