Joequant

Physicist and Space Cadet @MIT @UTAustin

[Joequant @joequant]

Also I think people are missing the purpose of the reference to the Long March in the 5th Plenum. The world is about to go off an economic cliff, and so a lot of the 5th plenum seem to be to prepare for the coming storm.

[Joequant @joequant]

@DawgWhet @vshih2 Yes. However, this is a "lets spend the next few years fixing this" rather than "OMG the banks are going to collapse tomorrow."

[Joequant @joequant]

@B8ShopBarry Also I didn't say they were great. I said they were okay.

[Joequant @joequant]

Back from a conference in Shanghai. Malls are packed, trains and planes are full. Let's make this simple, anyone who argues that the Chinese economy or financial system is broken has no clue what they are talking about. It's not.

[Joequant @joequant]

So every time Shen blames Chiang for something he would just say that its Lai's fault.

[Joequant @joequant]

@AngelicaOung @RossFeingold @Tracey_PayneAsi

So by going after Lai and the DPP for corruption and abuse of power, there are three things the Chiang does

1) first it removes the economy off the table
2) second it reminds TPP voters that Ko-P is in jail
3) Chiang has an excuse

[Joequant @joequant]

then uses these funds to focus on close elections. The thing is that Chiang is expected to be an "earner" for the party. So he shouldn't need much in party funds. Shen on the other hand is a cost center.

[Joequant @joequant]

@RossFeingold @AngelicaOung @Tracey_PayneAsi Also one thing that happened was by focusing on Puma Shen, the DPP too a *massive* risk. The thing is that Shen was expected to lose, and if the DPP played a conventional campaign, this would not have been a big deal. But they

[Joequant @joequant]

However in one of the blame sessions on blue media, it was explained that the way the KMT works is that if a local candidate gets funds, they get to keep most of for their campaign and then sends a fraction to the party center. The party center

[Joequant @joequant]

@B8ShopBarry The other thing is that I an an astrophysicist and if you have a physics Ph.D., then its ***much***, ***much*** easier to get a job in China than the US.

[Joequant @joequant]

@B8ShopBarry Hong Kong restaurants are getting crushed because everyone is going up north for food because everything is cheaper. The thing is that there has been almost no inflation for the last several years. I am paying 2020 prices for most things.

[Joequant @joequant]

@Why__Knot Yes. So someone loses a ton of weight. It could be that he is suffering from terminal lung cancer or it could be that he has been working out that the gym and on a strict diet.

[Joequant @joequant]

Yup. There is an absolute ton of empty office space, but this turns out to be a good thing because the price of office space is going down, and people are finding clever things to do with cheap office space.

[Seán O’Breachain @Anti_Fragilis]

Yeah, but no

[Joequant @joequant]

@B8ShopBarry Actually I've lived in Hong Kong for the last 16 years. The thing is that I make it a habit of telling you what I see directly and not rely on hearsay. The thing is that I try to be a reliable witness and just tell you what I see, rather than what I am guessing.

[Joequant @joequant]

go more moderate.

[Joequant @joequant]

@AngelicaOung @Tracey_PayneAsi @RossFeingold One thing that I think foreign observers get wrong is they simplify politics and don't get the subtleties, which is why the US losses in Iraq and Afghanistan. So the conventional wisdom is that there is a split between the

[Joequant @joequant]

people she isn't a spy, she had to go super-pro-China to show that she had a Pauiine conversion. Curiously, Chiang is a moderate on China issues. Chiang has the opposite dynamic. Because of his name, people kind of expect that he isn't a closet green which means that he can