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Loc Vukhac

Loc Vukhac

  • The US Media refuses to recognize that not all state capitalism/dictatorships are the same. This home bias will blind our citizens and will hurt our diplomatic effectiveness. This article sheds light on a few subtle but positive insights that goes counter to the negative articles around Xi Jinping’s

    The US Media refuses to recognize that not all state capitalism/dictatorships are the same. This home bias will blind our citizens and will hurt our diplomatic effectiveness. This article sheds light on a few subtle but positive insights that goes counter to the negative articles around Xi Jinping’s attempt to establish which is a dictatorship (recent Economist article). I will choose democratic freedom - always. I also understand the strengths and weaknesses of all forms of government. Would the Chinese in this survey be so willing to give up their data privacy if they were feeling repressed? Is there a level of trust under their autocratic rule that doesn’t exist here in the US? Doesn’t this imply that the rapid adoption of technology due to this trust imply the quality of life is increasing, not decreasing in China? All of this is occurring under Xi. Is everyone really happy with our President Trump or any past presidents? Just look at the current and past presidential approval ratings. I’d argue that many feel repressed in the US but we don’t see it that way. Yet the US middle class continues to shrink and the household debt burden remains problematic.

  • It’s well known that family run businesses are always extra challenging but even more so for a “public” family run government. How do you fire your son-in-law, taint his business brand and still enjoy Sunday night dinner with him and your grandkids.

  • I’m proud to be an American having been born in another country and a beneficiary of the American Dream. What is disturbing is the constant negative news coverage on China and painting the developments with the same negative bias that any government that isn’t a democracy is, without question, evil and

    I’m proud to be an American having been born in another country and a beneficiary of the American Dream. What is disturbing is the constant negative news coverage on China and painting the developments with the same negative bias that any government that isn’t a democracy is, without question, evil and a failure. We are taught that Democracy isn’t perfect. Checks and balances are wonderful to protect against despotic rulers but let’s not forget that benevolent dictatorships can be effective yet there will always be dissension. Covering the potential rise of China by a leader, albeit imperfect, and the leadership’s focus on the new “Chinese dream” that is bringing the promise of the Chinese middle class to the world via technology transformation is the bigger story that isn’t being discussed in the US media. We paint Xi Jinping with the same tyrannical brush as Kim Jung Un yet the income per capita in China is growing rapidly especially in the urban coastal cities. China has a growing middle class that is more than 4x the size of the US who is seeing the shrinking of the middle class. What happens next when the Yuan becomes a legitimate reserve currency (happening faster than people realize). Will the Europeans stand by the US side and defend the USD dominance? I do not see war but I see the US ability to police the world stage lessening dramatically. Writing negatively doesn’t allow us to understand the transformation that is really happening. Keep your friends close, your enemies closer