Governments like the CCP tend to believe that all of their successes are borne from their superiority and all of their failures are borne from conspiracies against them. Meanwhile, their financials are largely a figment of their imaginations: slave/prison labor, manipulated currency, a real estate market that was booming even while capacity out paced demand.
It's all a bubble, and they use the few successful industries they have to parasitize profit form them and create totally unsustainable welfare systems to secure their political power base.
That's just good personal anti-business sense: If you're newly appointed to a position with clout, declare some arbitrary change. If random market change favors you, claim your new ideas and thoughts boosted the company. If random market change goes against you, claim market slump AND growing pains from new management shift then claim the recovery as your efforts and achievements.
As a side note, this is why cereal boxes tend to get an arbitrary re-design every so often on some minor aspect that makes no real difference.
In fairness, the CCP also had a hand in their coming collapse because Communists are retarded.
Governments like the CCP tend to believe that all of their successes are borne from their superiority and all of their failures are borne from conspiracies against them. Meanwhile, their financials are largely a figment of their imaginations: slave/prison labor, manipulated currency, a real estate market that was booming even while capacity out paced demand.
It's all a bubble, and they use the few successful industries they have to parasitize profit form them and create totally unsustainable welfare systems to secure their political power base.
That's just good personal anti-business sense: If you're newly appointed to a position with clout, declare some arbitrary change. If random market change favors you, claim your new ideas and thoughts boosted the company. If random market change goes against you, claim market slump AND growing pains from new management shift then claim the recovery as your efforts and achievements.
As a side note, this is why cereal boxes tend to get an arbitrary re-design every so often on some minor aspect that makes no real difference.