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Home / Mike Norman Economics / On the ground, feeling the pulse of Protest Hong Kong — Pepe Escobar

On the ground, feeling the pulse of Protest Hong Kong — Pepe Escobar

Summary:
Two years ago, in Hamburg, Special Forces were deployed against black bloc looters. In France, the government routinely unleashes the feared CRS even against relatively peaceful Gilets Jaunes/Yellow Vest protesters – complete with tear gas, water cannons and supported by helicopters, and nobody invokes human rights to complain about it. The CRS deploy flash ball strikes even against the media.... Western media accounts, predictably, focus on the radical fringe, as well as the substantial fifth-columnist contingent. This weekend a few hundred staged a mini-protest in front of the British consulate asking, essentially, to be given asylum. Some of them are holders of British National Overseas (BNO) passports, which are effectively useless, as the provide no working or residency rights in

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Two years ago, in Hamburg, Special Forces were deployed against black bloc looters. In France, the government routinely unleashes the feared CRS even against relatively peaceful Gilets Jaunes/Yellow Vest protesters – complete with tear gas, water cannons and supported by helicopters, and nobody invokes human rights to complain about it. The CRS deploy flash ball strikes even against the media....
Western media accounts, predictably, focus on the radical fringe, as well as the substantial fifth-columnist contingent. This weekend a few hundred staged a mini-protest in front of the British consulate asking, essentially, to be given asylum. Some of them are holders of British National Overseas (BNO) passports, which are effectively useless, as the provide no working or residency rights in the UK.
Other fifth-columnists spent their weekend waving flags from Britain, Australia, Canada, France, Germany, Japan, Poland, South Korea, Ukraine, US, Taiwan, and last but not least, the Hong Kong colonial flag.…
But what about the rest, the overwhelming plurality? Pepe Escobar fills us in. He used to live there and knows the ground.

I was there on several occasions decades ago when "the pearl of the Orient" was still a British colony. Doesn't sound much different now other than that the money has overflowed to the top owing to the property bubble, and most of the working people are still in pretty bad shape socially, politically and economically.

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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