Coronavirus 2019-2020 thread (no unsubstantiated rumours!)
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Pretending that corruption doesn't exist in China is foolish. History proves you wrong, and even current events prove you wrong. Do you want China to decay into another USA or India?
Who wants to attack all private interprise? I just want to keep the billionaires under control -- and thereby cut their historically proven ability to corrupt their countries.
Your paranoia is no excuse. Right now, no country can possibly defeat the Middle Kingdom. Right now, China's billionaires are not too strong; in a decade or two, they will be too powerful to control, and their corruption will turn China into another India.
I'm having another look at the economics of vaccine production.
If I use Serum Institute as an example, it costs them $400M to build a new vaccine plant with a capacity of 80M doses per month,
With a production cost of $2, the monthly production cost is $160M.
On the open market, they could sell each dose for say $15 each, which generates revenue of $1200M.
So it takes less than 3 weeks to cover all their costs and generate a profit.
And if I run another projection, a selling price of $7 per dose means a new vaccine plant pays for itself in 1 month.
If you drop the price further to just $3, a new vaccine plant would take 5 months to breakeven.
So from that perspective, there really should be a wartime level of mobilisation in terms of new vaccine capacity, with the understanding that much of this surge capacity won't be needed in 6months time.
If I use Serum Institute as an example, it costs them $400M to build a new vaccine plant with a capacity of 80M doses per month,
With a production cost of $2, the monthly production cost is $160M.
On the open market, they could sell each dose for say $15 each, which generates revenue of $1200M.
So it takes less than 3 weeks to cover all their costs and generate a profit.
And if I run another projection, a selling price of $7 per dose means a new vaccine plant pays for itself in 1 month.
If you drop the price further to just $3, a new vaccine plant would take 5 months to breakeven.
So from that perspective, there really should be a wartime level of mobilisation in terms of new vaccine capacity, with the understanding that much of this surge capacity won't be needed in 6months time.
And what sort of "billionaire" correction can you come up as an example to correct this abomination that you so vehemently claim to be?
manqiangrexue
Brigadier
I never pretended that. Xi is famous for tackling corruption. If you think I said there's no corruption in China, then reading comprehension proves you wrong.
China and India have no relation with each other. The level of foundational decay would have to be astronomical; the Chinese population would have to become divided by warring religions.
Is the US decaying? LOL Don't say things to make the competition weak and make China's task look easier. America is growing stronger, only at a slower rate than China. If China did not exist, America would be unopposable in the world. There is no decay here; America's economy, military, and technology are all expanding and it is buttressed by its robust private sector. Apple, Qualcomm, Boeing, Amazon, Google, Tesla, etc... are the champions holding America up and giving it international strength. China should nurture its own industries to challenge and defeat them.
Make no mistake, China is in a fight with the fiercest opponent in the world and the only way to win is to remain dynamic, grow, and actively defeat the threat. It is not some rotting old man just waiting to die as China only needs to hold itself together for the win.
What does it mean to keep them under control? Are they out of control? What exactly do you want to do to them then?
It's paranoia to believe that China is in the biggest fight of the century? Even a blind man can see the threat.
Except if you get Chinese people to attack and bring down each other, all because you think they might be trouble in the future.
I don't know what this means anymore. What does too powerful mean? Too rich? Because you can't be so rich that you are above the government in China. It doesn't work that way. What do you want to do to them?
Chinese people don't have the foundation of religious conflict and incompetence to ever be like India; you are imagining this problem just like you imagine the others. I want to solve current problems and you want to solve imaginary ones.
There are many possible ways to keep the billionaires under control. One way is to mandate that above a certain level of wealth, people become totally open, their every action potentially open to public scrutiny. Let me hasten to add that I haven't given this much thought, so I won't be defending the suggestion much. The Chinese government undoubtedly can think of better methods.
manqiangrexue
Brigadier
OK, well if you haven't given it much thought, then this conversation isn't gonna go anywhere. I assumed that by keeping them under control, you meant to strip them of their wealth and capital or to make it impossible/too hard to become wealthier than a certain point and I strongly disagree with that because in addition to making fat cats fat, that crazy amount of wealth is needed to keep a company growing and to dominate its global competitors in research and technology. But if that's not what you mean, you mean you just want to make sure they don't start running the country to whatever image benefits their personal wealth, then totally. I don't see things moving in that direction but there should definitely be barriers to prevent that from happening. The current barrier is the CCP telling them if they are out of line and don't correct it immediately when notified, I'll fking kill you... and it seems to be working.
If this conversation is to move forward meaningfully, you'll have to say what you want done to the billionaires and how it will not drag down their global competitiveness.
So you admit that corruption does exist in China? I merely remind you that it is one of the biggest problems in any country. The billionaires are simultaneously the most helpful for a country's development, and also potentially the country's greatest threat. I say this because history -- in China and in other countries -- proves that this is so.
Curbing the billionaires won't entirely solve the problem of corruption, but it will help a lot.
Nonsense. The Ming Dynasty proves you wrong.
There will be little disturbance. The Communist Party is powerful enough, and popular enough with the people, to curb the billionaires without much ruckus.
manqiangrexue
Brigadier
There's nothing to admit; that's obvious. Corruption is in every country and China under Xi is making big efforts to tackle it. It can never be eradicated but it has definitely been reduced.
The success of the modern US proves you wrong. Hell, China's current rise, concurrent with the rise of its private industries and billionaires, proves you wrong.
Little disturbance at what? You don't even know what you want to do. You don't even know what curbing the billionaires means. Until you can define them, you're just wasting people's time.