主题：国债负利率的日本，越借钱政府赚得越多，当然不怕花钱 -- forger

uncle sam clearly knows that, the whole world is watching him, this 識別區/ jpy thing is a side show;

now that show is about where it should be, uncle sam to X: no further messing around, to jpy, you yell out whatever your propaganda, but remember, 識別區 is not going to be a make or break thing for chairman X;

what is make or break thing?

economics is one, but even more importantly, politics, or "human resources" or your political troops is number 1 priority for a politician;

1.

X's military command is not an issue, and partially because of that, he may not need to over play 識別區 card at all.

on the other hand, X can't use military troops to co-manage china the way M did during cultural revolution, M basically smashed TG's political machine.

2.

what to do with TG's political machine? that is the 内政=#1 挑戰 for chairman X.

so, far, looks like X is a little confused;

1) He did not use Wangqishan, Dr L, in that 3rd plenary meeting "china economic reform" document draft leadership group, he instead used Liu, zhang, the two "light weight" ideological guys;

X did not use Dr.L, understandable, he did not use W, an undisputed finance and economics expert, not understandable=X is not confident or skilled enough to command and utilize Wang qishan as an important resource, W can contribute much more to him, but it looks like X has not figured out how to manage W.

3.

then, the old political machine before him:

what to do with Zhou, if you kill Zhou, what about Wen, and others, all big top members including X's family relatives got tons of money, how to play this "kill tiger" game?

if you don't how to play it, and make political money out of that game, why get started? and he has not really started the "kill tiger" game, partially because he may not have a model figured out yet.

again, X made a lot of smokes, understandably, he may be still in the middle of figuring out a game plan of "kill tiger"

4.

fundamentally, chairman X as TG's head trader internationally, is now reasonably respected internationally, partially because the game is now more of money game than anything, all whites want to do business with chairman X, why offending him? chairman X as TG's head trader manages all big positions/trades of zillions dollars, do you want to do business with him?

yes? then you know what to do in a conventional business practice & transactions;

domestically, or more importantly inside TG's powerful political system, X is the only market maker, can X really 断了財路 of those senior traders at various level of TG's internal market of political machine?

everything is expensive, how do you let your political troops make a reasonably good money adjusted by inflation by working their ass off for you?

does he have an answer for that? likely not, then why and how to play this 反腐败打老虎 game?

you can't play a 小孩蒙眼睛过家家 game.

5.

as a #1 political boss, you can play M's model, if you have M's vision, talent, capacity, ability, aptitude, ability, then you don't care about "attitude/political skill" stuff, you just push your strategy/policy top down through the rank and files, and with a few big battles/wars won and money made, your troops will get formed out aligning around you automatically as your political machine, available at your will for you to use, and solute to you, boss is boss;

D, J, kind of all like that, more or less

the other model is H, he knows his limits, so he basically act like a project manager or moderator or coordinator, vs a leader, and let all traders do their jobs, get all businesses done, makes good money on the way, and H was lucky anyway, J won that 911/WTO lottery for china around 2001, H just rided that bull market out, to the "last" wave of it, then he retired, giving up all the power, enjoying life, leaving behind him a Ponzi game of world #2 size (#1 japan) for X to figure it out;

6.

so far, it looks like X's biggest problem is:

He is not in M, D, J class, and he does not want to be H, partially because X does not have a bull market "luck" to take an easy ride, X actually has to trade his way out of the unfolding of likely a bear market for china.

and again, it seems that chairman X does not have any of M, D, J level quality, in terms of vision, ability, capacity; and regardless of bull market or bear market, if you are not M, D, J, then you better have H's attitude, aptitude, political skill, and it looks like X does not have H's portfolio either;

Chinese nation is obviously a very powerful resourceful nation in terms of 内功软功夫 in particular, and a nation highly leveraged on its political elite leadership, a clear pattern of its 5k year history;

so, for chairman X, #1 挑戰 is 内政, which boils down to one simple question: how to keep TG's super powerful political troops together?

#2, at what cost? #3, #4, etc

only with a reasonably motived and well commanded TG political troop, chairman X can then lead the country of 1.5B people;

can he do it? does he have a model for that job?

only history can tell.