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Re:Reasons the banking crisis isn’t a repeat of 2008 by tomcam on Saturday March 25, 2023 @05:42AM (#35301044)
China is not, of course, turning back to proper communism. It is a wildly corrupt dictatorship, and will be for the foreseeable future. It was an oligarchy for many generations (traditionally, their central committee was allowed to preserve opposing opinions among factions, a practice Xi extinguished), but Xi has definitely removed the vast majority of his competent opponents.

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