- Banned
- #1
I started to put this in the other thread I just started about China- but, it has to do with *an* economy so I put it here.
CiTi Bank
In its promotions in China, Citibank boasts of having been first established in China in 1902, testifying to its devotion to China by displaying a photo of some currency issued in China by the National City Bank of New York. But then from 1902 until Citi’s trepidatious re-entry into the backwater of Shenzhen in China in the late 1980s, there is nothing. Specifically, there is no information on Citi’s activities during this period, other than the names of a dozen cities with branch locations and a muffled statement that Citibank left China “because of the war”. During that period we have only silence. Not only silence, but a strange lack of the written word. In fact, the Internet, at least those parts that can be controlled, have been totally sanitised. According to the entire world’s media and historical archives, Citibank did not exist in China from 1902 to 1949, in other words from the day it arrived to the day it left. We will soon learn why.
But hey! It;s a US owned bank so it's all good- it isn't theft as long as a US entity does it. Right?
There are links at the end of the column. Please address the message. Attacking the messenger is really old.
CiTi Bank
In its promotions in China, Citibank boasts of having been first established in China in 1902, testifying to its devotion to China by displaying a photo of some currency issued in China by the National City Bank of New York. But then from 1902 until Citi’s trepidatious re-entry into the backwater of Shenzhen in China in the late 1980s, there is nothing. Specifically, there is no information on Citi’s activities during this period, other than the names of a dozen cities with branch locations and a muffled statement that Citibank left China “because of the war”. During that period we have only silence. Not only silence, but a strange lack of the written word. In fact, the Internet, at least those parts that can be controlled, have been totally sanitised. According to the entire world’s media and historical archives, Citibank did not exist in China from 1902 to 1949, in other words from the day it arrived to the day it left. We will soon learn why.
But hey! It;s a US owned bank so it's all good- it isn't theft as long as a US entity does it. Right?
There are links at the end of the column. Please address the message. Attacking the messenger is really old.