a Beautiful Statement By Yahoo! Inc. which announced it’s leaving Communist China: Yahoo “remains committed to the rights of our users and a free and open internet.” – November 3, 2021,

A very nice statement by Yahoo! Inc. which decided it wants out of China, I hope this will start a domino effect because truth be told although Big Tech would prefer to do business in China, which obviously helps their bottom line, their earnings show they don’t have to business with China. Even in the event of a financially deflationary event, Big Tech could merely restructure and find profitability again.

China is more of a luxury for Big Tech rather than a necessity and without American Big Tech, China instantly goes on the decline, because people tend to forget that Chinese technology is based on theft and because of all the mal-investment in China, via the Chinese Communist Party, the Chinese don’t consume as much as people would expect.

As we all know, real estate that doesn’t cash flow is a money pit, and one of the main places the Chinese keep their wealth is in Chinese Real Estate. Will be quite interesting to see if other Tech giants get tired of all the Chinese regulations. It felt good to read the statement by Yahoo

 

With that said I hope moving forward, Big Tech can leave Westerns alone and stop censoring us, I still can’t believe Google, Facebook and Twitter are still banning people from talking about election fraud since when did it become illegal to talk or write about conspiracy theories? Since when can’t people argue about pandemics or climate change, we want FREEDOM! which includes the freedom to legally think things that might be untrue!

Yahoo is the latest foreign tech company to exit China. Google gave up several years ago, and Microsoft’s professional networking platform LinkedIn said last month it would shutter its Chinese site, replacing it with a jobs board instead.Yahoo pulls out of China, citing ‘challenging’ environment | nbcnews.com

Interesting times ahead