Tag: Hong Kong protests

War for Hong Kong?

Submitted by CCRider

Guest Post by Lew Rockwell

President Trump faces trouble, and he is handling it in a dangerous way. Our economy is reeling, as the Fed pours out billions of dollars in a futile effort to avert disaster. We know to our cost that politicians, faced with crisis at home, provoke war “to busy giddy minds with foreign quarrels.”

Unfortunately, this is just what Trump is doing. According to a CNN news report on Friday, May 28, “President Donald Trump launched a blistering attack on Beijing Friday, naming misdeeds that range from espionage to the violation of Hong Kong’s freedoms, and announced a slew of retaliatory measures that will plunge US-China relations deeper into crisis.

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Watch: Hong Kong Cop Taken Out By Flying Drop-Kick To Stop Arrest

Via ZeroHedge

A Hong Kong police officer was knocked down by a flying drop kick as he attempted to arrest a protester during the 19th week of anti-government unrest.

The officer can be seen struggling over custody of a protester until the kick levels him, followed by others running up and hitting the man before they run off.

The protests – this week’s revolving around a new ‘anti-mask’ law – saw turnouts in more than half of the semiautonomous Chinese territory’s 18 districts.

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As Hong Kong ATMs Run Out Of Cash, Central Bank Steps In To Prevent “Panic Among The Public”

Via ZeroHedge

As the violence in Hong Kong escalates with every passing week, culminating on Friday with what was effectively the passage of martial law when the local government banned the wearing of masks at public assemblies, a colonial-era law that is meant to give the authorities a green light to finally crack down on protesters at will, one aspect of Hong Kong life seemed to be surprisingly stable: no, not the local economy, as HK retail sales just suffered their biggest drop on record as the continuing violent protests halt most if not all commerce:

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Think about this if you own Hong Kong dollars

Guest Post by Simon Black

On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island.

Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they went to war multiple times to keep control of the island.

In 1898 the two empires signed a lasting peace treaty whereby Britain agreed to turn the island over to China in 1997. And Hong Kong prospered for decades under British rule.

But by early 1980s, Hong Kong started experiencing more turbulent times.

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