One of the main guilty acts of Fauci is not the claim that he got the COVID origin wrong at first. It's that he and his Lancet crew fabricated a certainty about COVID's origins they plainly did not possess -- due to entirely self-interested reasons (namely, their careers and reputations would be endangered if COVID had been caused by gain-of-function and other Wuhan research they funded and participated it).
They then weaponized that fake, deceitful certainty to label anyone who suggested a lab leak as a racist (which never made sense, since the "wet market" theory was always the more racist one), and then also used that non-existent certainty to bully and coerce media outlets and Big Tech to aggressively censor anyone questioning or dissenting from their proclamation.
The complete shutdown of debate, discussion and dissent over some of the this century's most consequential policies was one of the main crimes. That they did this not out of good faith error but crass self-advancement and self-protection made it all the worse.
@jblair247@michaelxpettis Pettis' view is that the capital account drives the current account. China's excess savings have to be exported, resulting in a trade surplus. If China could buy US goods that are currently off limits it would not change this savings imbalance. I agree it's not intuitive.
@DoggyDog1208@adam_tooze@fmlc22@michaelxpettis This is a satisfying story because it ascribes all agency to one side. The US chooses it's destiny. China merely reacts to the US decision. If in the US today there are more aggrieved laborers than happy asset sellers, what happens next?
@MattFutterman@TheAthletic How much should college football and basketball players be forced to pay to support US (and other nation's) Olympic medal aspirations?
@joefrancis505 In Malaysia I see a lot of Chinese fresh produce in the grocery stores and it seems to be increasing. I wonder if this is the same game as manufacturing. Subsidize for exports.
@ChrisVannini This might be the most conservative piece I've read on The Athletic. Rules and authority are actually good! Ok. All it took was Michigan complaining about something for you guys to figure this out.
@DanWetzel There are >50k people at all these games. Anyone with a phone can record the sideline and put it up on youtube. What are we even talking about?
@modestproposal1@Lingling_Wei Lets assume this is correct and Xi and co are making the best decision given the circumstances. What would that imply about the situation in China? What are we missing?
A virus is rampaging in the 1 city where there is a plan+capabilities to make exactly that type of virus.
3 scientists in that lab get Covid-like illness right before the detected outbreak.
I'm not saying it's case closed. But how do you get natural #OriginOfCovid from this?
Big Tech election interference has begun: @LinkedIn locked my account & censored me this week for posting videos where I expressed fact-based views as a presidential candidate about climate policy and Biden’s relationships with China. They said it violated their policies relating to “misinformation, hate speech, and violence.” Sad but not surprising.
@BaldingsWorld This all may be true, but if @michaelxpettis is right that US investment is not capital-constrained then its hard to see how US benefits from this position.
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Good article by @greg_ip on the gradual sidelining of the WTO as the arbiter of trade. The heart of the problem seems to be the WTO’s inability to discipline a very wide range of implicit protectionist and discriminatory practices.
https://t.co/JR9FdZHXoS via @WSJ