We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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“‘In a lot of the world, the clock has hit midnight’: China is calling in loans to dozens of countries from Pakistan to Kenya”
– Bernard Condon and the Associated Press in a major article for Fortune magazine.
Here are some excerpts from the article that struck me:
In the past under such circumstances [debtor countries being unable to make interest payments], big government lenders such as the U.S., Japan and France would work out deals to forgive some debt, with each lender disclosing clearly what they were owed and on what terms so no one would feel cheated.
But China didn’t play by those rules. It refused at first to even join in multinational talks, negotiating separately with Zambia and insisting on confidentiality that barred the country from telling non-Chinese lenders the terms of the loans and whether China had devised a way of muscling to the front of the repayment line.
And
Along with the usual mix of government mismanagement and corruption are two unexpected and devastating events: the war in Ukraine, which has sent prices of grain and oil soaring, and the U.S. Federal Reserve’s decision to raise interest rates 10 times in a row, the latest this month. That has made variable rate loans to countries suddenly much more expensive.
All of it is roiling domestic politics and upending strategic alliances.
In March, heavily indebted Honduras cited “financial pressures” in its decision to establish formal diplomatic ties to China and sever those with Taiwan.
Last month, Pakistan was so desperate to prevent more blackouts that it struck a deal to buy discounted oil from Russia, breaking ranks with the U.S.-led effort to shut off Vladimir Putin’s funds.
And, which I did not expect, → Continue reading: China calls in the loans
“The irony of Xi’s Ahab Quest is that Taiwan has never been a part of China. ‘China’ today is a recapitulation of the old Qing Empire (which, to add irony to irony, was not Chinese but Manchurian). Tibet, East Turkestan, Mongolia, and Manchuria are in no historical sense remotely ‘Chinese’. Ditto for Taiwan, in which Qing officialdom evinced only desultory interest until 1854, when American Commodore Matthew C. Perry, fresh from his gunboat-treaty journey to Japan, showed interest of his own.”
– Jason Morgan, Spectator. Morgan says a Chinese attempted conquest of Taiwan, and war with neighbours, such as Japan, and the US, is inevitable.
Reported a few minutes ago by the Times of India: Breaking News Live: Sri Lanka President Gotabaya Rajapaksa flees as protesters storm residence
The mob breaking into his palace does not necessarily mean that a president becomes an ex-president. But that’s the way to bet. Other leaders might like to note how this came about:
What a difference a year makes: the green dream dies in Sri Lanka
UPDATE: Some reports say that (now almost certainly ex-) president Rajapaksa has been seen at Colombo airport. Meanwhile, fancy a dip in the presidential pool?
April 2021:
“Sri Lanka will become first country to be free of chemical fertilizer”, the Sri Lankan news website News First reported:
COLOMBO (News 1st); President Gotabhaya Rajapaksa has stated that he will take up the challenge in making Sri Lanka the first country in the world to eliminate the use of chemical fertilizers without reversing any of the steps that have been taken.
The absence of any country in the world that has eliminated the use of chemical fertilizers is not an obstacle to achieving the goal, President Rajapaksa noted.
The President urged all to unite to educate the farmer and create a healthy generation at a discussion held at the Presidential Secretariat on Thursday (29) to raise awareness on the use of chemical fertilizers, pesticides and herbicides and the ban on such imports.
“The government must guarantee the right of the people to a non-toxic diet to produce a healthy and productive citizen,” said the President.
April 2022:
“How Sri Lanka’s shift to organic farming left it in the manure,” reports the Times:
What turned Sri Lanka’s economic situation from difficult to catastrophic was the decision by the Rajapaksa government to implement a nationwide ban on synthetic fertiliser. It was made not at the behest of neoliberal economists doing the bidding of global capital, but rather on the advice of environmentalists in the name of sustainable agriculture.
[…]
But that strategy backfired in spectacular fashion. Domestic rice production fell by 14 per cent from 2021 to 2022, forcing the nation, long self-sufficient in rice production, to import hundreds of millions of dollars of rice and more than eroding all of the savings from ceasing fertiliser imports. On top of that, the ban decimated tea production, leading to a $425 million economic loss to the industry in its first six months of implementation. Tea, one of the nation’s primary crops, is a key source of its total export income, making a bad foreign exchange situation far worse.
Little noticed in the UK media, reports from a financial vlogger Joe Blogs (that is his handle) on Turkey tells us that the government is ‘asking’ citizens to hand over their gold and foreign currency, at a time of 50% inflation, but citizens will get Lira in return. There are 30,000 gold shops in Turkey and five major refineries. Do not worry that Erdogan is a (not so) covert Islamist, he is first and foremost a Keynesian.
The Turkish government is not simply standing by and watching as the Lira inflates away, the government has cut tax on food from 8% to 1%, and this in the context of a currency crisis, the lira falling 44% in 2021 against foreign currencies. So they know that cutting taxes eases burdens on people. Unfortunately, Atatürk’s doctrine of ‘statism‘ lingers, with lots of Turks employed by the State.
Meanwhile, the Turkish Finance Minister has been in the UK and reported had a ‘fantastic‘ meeting with potential investors. And the goverment is determined to keep on down this path, telling the private banks to step up their efforts to help by handing over foreign currency deposits. (Doubtless this is all voluntary).
Here is a graph of recent Turkish inflation rates. Are we going to be seeing a ‘crack-up boom’ in real time any week now? Turkey is reportedly informally dollarising, with over 50% of transactions in Turkey in dollars (Why not the Euro?).
I can’t help thinking that in the UK, the government is looking at Turkey with envious eyes, dreaming of taking steps to inflate away what remains of our prosperity and to seize our assets.
And it is not all bad from the Turkish government, they have changed the name of the country in a re-branding exercise, changing it from ‘Turkey’ to ‘Türkiye’, apparently to avoid confusion with the bird of the same name.
Joe Blogs also has some interesting coverage on the Chinese property conglomerate Evergrande, and the efforts of a US Hedge Fund to take ownership of collateral in Hong Kong.
BBC On This Day: 1951: Communist forces to re-take Seoul
The Third Battle of Seoul
We in the West seem to have entirely forgotten the Korean War. President Xi Jinping of the People’s Republic of China is keeping the memory alive, in his own fashion.
Here is a long, very good article about Hong Kong as it developed after WW2 under relatively hands-off British rule. That is all fading away, very sadly, at least in terms of its civil liberties. Quite what the future holds for the jurisdiction, I don’t know.
Check out the photo in the middle of a Boeing 747 flying above the roof-tops. Makes the hair stand up from the back of your neck.
The Soweto riots were the beginning of the end for Apartheid in South Africa. This is how they began:
Black South African high school students in Soweto protested against the Afrikaans Medium Decree of 1974, which forced all black schools to use Afrikaans and English in a 50–50 mix as languages of instruction. The Regional Director of Bantu Education (Northern Transvaal Region), J.G. Erasmus, told Circuit Inspectors and Principals of Schools that from 1 January 1975, Afrikaans had to be used for mathematics, arithmetic, and social studies from standard five (7th grade), according to the Afrikaans Medium Decree; English would be the medium of instruction for general science and practical subjects (homecraft, needlework, woodwork, metalwork, art, agricultural science). Indigenous languages would only be used for religious instruction, music, and physical culture.
Forty-six years later, in Inner Mongolia, sorry, the Inner Mongolia Autonomous Region of the People’s Republic of China (not to be confused with the neighbouring sovereign state of Mongolia), children of another subjugated land are protesting against a decree that forces their schools to use the oppressor’s language as the medium of instruction:
Inner Mongolia protests at China’s plans to bring in Mandarin-only lessons
Thousands of ethnic Mongolians have protested across northern China in opposition to Beijing plans to replace the Mongolian language with Chinese in some school subjects.
Tuesday marked the first day of a policy revealed in June, to gradually transition the language of instruction in Inner Mongolian schools from Mongolian to Mandarin Chinese. The change affects three subjects over the next three years in the autonomous region. The education bureau said Mongolian and Korean language classes would remain.
The official explanation for the change to a bilingual education system was to ensure the curriculum and textbooks were of a high standard, and that government documents cited by analysts also referred to president Xi Jinping’s push for shared language as part of a common identity.
However mass protests in Inner Mongolia – referred to as Southern Mongolia by ethnic rights and independence groups – have revealed the depth of fear that Mongolian would be relegated to a foreign language as part of government plans to assimilate ethnic minorities into Chinese Han culture.
I called this China’s Soweto. But don’t expect any equivalent to UN Security Council Resolution 392.
Other links concerning this story:
– Tightening the noose on Mongolian in Southern Mongolia
– Rare rallies in China over Mongolian language curb
Thus went the UK government’s discussion paper on increasing social distancing on 22nd March 2020.
The perceived level of personal threat needs to be increased among those who are complacent, using hard-hitting emotional messaging. To be effective this must also empower people by making clear the actions they can take to reduce the threat.
There were other considerations:
Hong Kong’s experience:
Having a good understanding of the risk has been found to be positively associated with adoption of COVID-19 social distancing measures in Hong Kong
And carrots:
Incentivisation
6. Social approval: Social approval can be a powerful source of reward. Not only can this be provided directly by highlighting examples of good practice and providing strong social encouragement and approval in communications; members of the community can be encouraged to provide it to each other. This can have a beneficial spill-over effect of promoting social cohesion. Communication strategies should provide social approval for desired behaviours and promote social approval within the community.
And of course, coercion, along with ‘social disapproval’:
Coercion
7. Compulsion: Experience with UK enforcement legislation such as compulsory seat belt use suggests that, with adequate preparation, rapid change can be achieved (16). Some other countries have introduced mandatory self-isolation on a wide scale without evidence of major public unrest and a large majority of the UK’s population appear to be supportive of more coercive measures. For example, 64% adults in Great Britain said they would support putting London under a ‘lock down’ (17). However, data from Italy and South Korea suggest that for aggressive protective measures to be effective, special attention should be devoted to those population groups that are more at risk (18). In addition, communities need to be engaged to minimise risk of negative effects. Consideration should be given to enacting legislation, with community involvement, to compel key social distancing measures.
8. Social disapproval: Social disapproval from one’s community can play an important role in preventing anti-social behaviour or discouraging failure to enact pro-social behaviour (15). However, this needs to be carefully managed to avoid victimisation, scapegoating and misdirected criticism. It needs to be accompanied by clear messaging and promotion of strong collective identity. Consideration should be given to use of social disapproval but with a strong caveat around unwanted negative consequences.
So, for us rats in the lab, we can see the experimental parameters. I can’t find the words ‘rights‘, ‘freedom‘, ‘free‘ or ‘liberty‘ anywhere in this document. I can see this, my emphasis in bold, with the lie about people being ‘asked’:
9. Community resourcing: People are being asked to give up valued activities and access to resources for an extended period. These need to be compensated for by ensuring that people have access to opportunities for social contact and rewarding activities that can be undertaken in the home, and to resources such as food. Adequately resourced community infrastructure and mobilisation needs to be developed rapidly and with coverage across all communities (6, 15).
10. Reducing inequity: Adherence to these measures is likely to be undermined by perceived inequity in their impact on different sections of the population, especially those who are already disadvantaged, e.g. those in rented accommodation and those working in precarious employment. Reducing costs of phone calls, data downloads etc. by ‘responsibility deals’ or government subsidies should be considered.
Just in case you don’t think that this is an experiment, there is a reference to methodology including this, but read the whole thing:
The criteria go under the acronym, APEASE (Acceptability, Practicability, Effectiveness, Affordability, Spill-over effects, Equity)
Edit: Just after Paul’s comment, a bit more has just come out, from 25th February 2020, about the risk of disorder, foreseeing a risk of PPE shortage on 25th February 2020, so they knew that they could be short long before they did anything about it:
The last paragraph says it all:
• Promote a sense of collectivism: All messaging should reinforce a sense of community, that “we are all in this together.” This will avoid increasing tensions between different groups (including between responding agencies and the public); promote social norms around behaviours; and lead to self-policing within communities around important behaviours.
Volume 9 of of the collected works of Kim Il Sung is now out, and Mick Hartley is having a hard job containing his excitement:
Let’s hope the book maintains the powerful tradition in Korean revolutionary literature of keeping sentences long, with plenty of clauses which further elaborate on the idea first mentioned in the opening clause, thereby ensuring that the original idea becomes ever more entrenched within the consciousness of the reader as the theme is expanded upon and elaborated, very much in the way that a piece of music takes an original theme which is then embellished and repeated in different formats and combinations, which serves to increase the power of the music and can similarly be a powerful device to increase the power of a revolutionary thought or indeed instruction from a Great or Dear Leader, even if there is a risk, among those perhaps insufficiently devoted to the drive towards a successful and dynamic socialist country, that the original thought that started the sentence may have been forgotten by the time the reader comes in, panting but nevertheless certainly wiser and also older, to the end of the sentence.
Hartley has also been very good on the lockdown.
Taiwan is not a Chinese province, you bat-eating, dog-beating, grave-robbing, ethnic cleansing, police state cockwomble of a stolen Nazi uniform.
– Mike Fagan
A few years ago I remember the arrival of a sort of clock that measured the terrifying rise of the UK’s public debt, a pile that has got much heavier and scarier as a result of the splurge of spending enacted by the new UK finance minister last week. The idea of some dial on the dashboard of our lives, so to speak, which rises constantly, or maybe eventually slows and reverts, is an interesting one. In the media, some newspapers seem to have these daily counts of the number of people dying of coronavirus. On some of the TV channels there is a scrolling feed at the bottom of the screen (I saw this on Sky News, which is arguably even worse than the BBC these days) do this. It was rather like the tickers for the level of the S&P 500 or the latest cricket scores from Lords.
A writer on Linkedin, whom I quote from here but I won’t name as I am not sure I have permission, has written this, and I do sort of sympathise:
Is the news going to report every single death which include a majority of elderly people each day death by death? Many have cancer or asthma or weak immune systems or underlying health issues and many may be on respirators in assisted living or hospitals so how do we know the real cause of death? Smokers who harmed their lungs. Rx’s that damaged lungs and organs such as the heart. Every person is different. The news or government doesn’t report the 109 Americans who die everyday or the 660,000 deaths of individuals from cancer each year. How about the 47,000 plus individual deaths by suicide and illicit drugs? How long is the scare mongering going to linger on? Will be it be until July or August or longer? Viruses and diseases are always popping up…Influenza, Asian Influenza 1950’s, Hong Kong flue 1960’s, Meningitis, AIDS, Mers, Sars, Swine Flu, Ebola…..We don’t know what else may have contributed to the death. Just sayin’.
Of course the State should not in any way ban or try and interfere with such reporting, whether it is crass, hysterical, or sober. At least in the West the media is covering this outbreak heavily, whereas in China, as appears to be the case, people who blew the whistle on what was going on have been punished or just disappeared.
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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