Never forget, and never give in.
The event itself and the pointless censorship by the Chinese government is
terrible. But I think some media outlets use the legacy of Tiananmen to
paint an inaccurate picture of China (I was watching Fox News recently and
it was shockingly anti-Chinese).
This is a really excellent documentary on the events of 1989:
china is in a dollar trap, $2000 bn in $ assets it can't get out of. the
solution to china's problem to forestall a situation when the us plans to
default on this debt and send china into freefall is to take large
derivative positions (esp shorting) of US stockmarket and US dollar
currency. china then 'slams' (sells large positions in US assets and
stocks in a short space of time) the stocks and US $ to cause it to
collapse but make huge returns on the derivative positions. once this
happens investors will flock to treasuries allowing china to get out of
these positions quickly and into more stable assets (i.e. buying large
stakes in world corporations across the world). repetition of this
technique can allow china to draw down US treasury positions.
china is in a dollar trap, $2000 bn in $ assets it can't get out of. the
solution to china's problem to forestall a situation when the us plans to
default on this debt and send china into freefall is to take large
derivative positions (esp shorting) of US stockmarket and US dollar
currency. china then 'slams' (sells large positions in US assets and
stocks in a short space of time) the stocks and US $ to cause it to
collapse but make huge returns on the derivative positions. once this
happens investors will flock to treasuries allowing china to get out of
these positions quickly and into more stable assets (i.e. buying large
stakes in world corporations across the world). repetition of this
technique can allow china to draw down US treasury positions.
For those saying such ugly lies as "armies were required not to shot
people" and that some people might have been killed in the "confusion"
"after the people attacked the army firt", here is a (hard) slice of
reality with rare pictures:
Hate all you want, but Chinese were here before you, and are more than you.
Chinese are 1.3 billion and have 5,000 years of history, what do you have?