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Comment Re:Crime details (Score 1) 65

He's also going to have to pay that money back, have all his assets seized to do so (proceeds of crime), and then the tax man is going to be asking "Hey, you earned £2m, right? Where's the tax on that?"

Now that he's been jailed, they have years to unpick it all, file additional charges, seize everything he owned, even take any "gifts" that he gave to friends and family, and build a case for tax fraud to jail him further.

Comment Re:You cannot trust China to tell you the truth (Score 1) 220

China is a famously closed ecosystem. Li Keqiang -- a CPP provincial secretary -- candidly said in 2007 that CCP numbers are "man-made and therefore unreliable". on. People interested in measuring China's economy use proxies, which has become an academic cottage industry. In 2020, China famously cut its population by 200 million (!!!) people.

Anyone who takes Chinese numbers at face value is foolish, because the CCP doesn't do that themselves.

Comment Re: Sojust like every other tech growth story (Score 1) 220

Precisely. The CCP has relied on widespread financial repression of its citizens to build an impressive industrial base. The key question is this: if Chinese citizens do not exchange exports for imports, then what is the point? It is economically incoherent. China will accrue a massive amount of foreign currency, and then what? Bathe in it while it deflates away?

Economic imbalances have a funny way of correcting themselves eventually. When this happens, China will discover that foreigners can moderate their appetites or find alternatives. The same cannot be said for factories and their workers.

Excellent analysis from economics professor Patrick Boyle.

Comment Re:Clickbait (Score 1) 55

With over 15,000 residents per square kilometer in the center of the city you wouldn't want ANY drones overhead where if they lose power, lose contact with the controller, hit something, etc. there's a high likelihood of personal injury. Now with the introduction of robot air taxis into he mix there would be even higher risk. In that sort of situation requiring permits and flight plans makes absolute sense.

Comment Re:I just had to replace a phone for a family memb (Score 1) 55

We haven't seen a president in the US who could be considered anything less than 'conservative' since Carter in 1980, everyone since then is either conservative, hyper-conservative, or wing-nut loony conservative. In civilized areas of the world the Democratic Party would be considered moderate-right.

Comment Re:Justice delayed is justice denied (Score 4, Interesting) 65

You need to read The Secret Barrister novels, written by a real criminal-law barrister.

The UK courts are an absolute mess of chaos, that's not the lawyer's or the judges fault.

You would think that with a former-lawyer as the prime minister now it would get sorted, but they've made only token changes to an absolutely nonsensical court-appointment system that operates largely on constant fire-fighting and ill-preparedness and throwing lawyers to the wolves making them run from case to case with little to no preparation or warning.

It's continued because "that's how it's always been done" but the court system outgrew the capacity decades ago.

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