He says Xi-era crackdowns arose from concern that China’s overheated economy had too much corruption, fraud, speculation, and real-estate Ponzi behavior.
Topic brief
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Jack MA
He says Xi-era crackdowns arose from concern that China’s overheated economy had too much corruption, fraud, speculation, and real-estate Ponzi behavior.
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Key Notes
Jack Ma’s error, in Jiang’s reading, was believing wealth and popularity could let him question central authority.
Timestamped Evidence
"...crack down, and this is what led to the crackdown on Jack Ma. Because Jack Ma pushed back against central authority. And you can't..."
"You can't question the authority of the government. And Jack Ma, he was the richest man in China. He was the most popular man..."
"...the lie flat, I'm going more on the business side, with Jack Ma. In America, everybody knows Jack Ma. They think about Jack Ma...."
"...Yeah. He's a very wealthy man because no one's talking about Jack Ma anymore."
"nothing and nothing, okay? So think of someone like Jack Ma, who has more money than he can possibly spend, and what does he..."
"...let's go to McDonald's because Wong Fei will be there. Or Jack Ma will be there. Or it's free hamburgers today. Okay? I'm lying..."
"...middle class you could be a factory owner you could be Jack Ma and then the next day you get unlucky you lose all..."
"...Let's just say that I'm a very rich man. Maybe I'm Jack Ma. And I have a huge fortune. I have a huge company...."
"...the sake of accumulating money that's why we worship people like Jack Ma Ellen Musk Jeff Bezos even though if you think about it..."
"...any form of satiety. You cannot stop, okay? You look at Jack Ma, the richest man in China at some point, right? He has..."
"...Okay. So, society has many elites. Right? You have people like Jack Ma. Right? You have people like Zhou Xun, Zhao Wei. Right? Movie..."
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