• 04 Aug 2009 at 12:35 PM

Three Million Students

One of the terms of the unwritten deal consummated between China and her citizens after several of them were shot, crushed by tanks, detained, executed or imprisoned in 1989, was that the party would remain in power, but the trappings of western life (internet porn and the appearance of prosperity in particular) would be permitted. Like any campaign (or post-massacre) promise, one expects real consequences only in the most dire of circumstances. Having said this, the downside for Chinese leadership isn’t losing an election or being kicked out in a no-confidence vote. It is getting shot in the back of the head and having their organs sold for transplants before the by-products are ground up for poultry feed. Given this, it shouldn’t surprise anyone that China is a bit concerned about the mounting problem of the jobless.

[Wang Yadong at the Ministry of Human Resources and Social Security] said 3% of the country’s 66.5 million migrant workers had failed to secure work when they returned to the big cities from their villages after the Chinese New Year.
He added that one-third of last year’s university graduates, three million former students, had not yet found employment.

Three million angry students. Uh oh.
Now, if only we could get distribution rights for Che-emblazoned t-shirts in Beijing….
China Jobless Pose ‘Grave’ Crisis [BBC News]
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Comments (36)

  1. Posted by guest | August 4, 2009 at 12:39 PM

    WTF?!? Where to begin on this one. Are you guys trying to shut this thing down while Bess is gone?

  2. Posted by guest | August 4, 2009 at 12:42 PM

    what is this? are you trying to define “too long, didn’t read”?
    I never thought I’d say it, but I would’ve preferred a greg post to this
    - MD at JEF

  3. Posted by guest | August 4, 2009 at 12:46 PM

    Let’em eat moo shu.

  4. Posted by guest | August 4, 2009 at 12:47 PM

    EP and Gregory, let’s review before there is nothing left for Bess to come back to:
    “DealBreaker is an online business tabloid and Wall Street gossip site that covers the personalities and culture that shape the financial industry, offering original commentary, news and entertainment.”
    Going forward please review posts for the following:
    1. Business
    2. Tabloid
    3. Gossip
    4. Personalities
    5. Culture that shapes the financial industry
    If you can’t get it together, why not just run a “best of” series. Works for Stern….

  5. Posted by guest | August 4, 2009 at 12:54 PM

    Hey gang, there’s an update to the Taibbi v. Gasparino mud slinging over at Clusterstock…
    http://www.businessinsider.com/matt-taibbi-slams-cnbc-2009-8

  6. Posted by guest | August 4, 2009 at 12:55 PM

    Ditto to @4. Let’s just go right to best of. I suggest starting with a picture, name and employer of FnM attendee, and let us go at it. Follow that up in an hour or two with an update on ANY ONE of the Noel sisters. There are 5, it shouldn’t strain you too much.
    Let’s do this.

  7. Posted by guest | August 4, 2009 at 12:57 PM

    @5 That’s what I’m talking about!
    See, EP and Greg?
    Gossip, Personalities, Culture that shapes the financial industry.
    XO,
    @4

  8. Posted by guest | August 4, 2009 at 12:57 PM

    It is really hard to get internet porn in china.

  9. Posted by guest | August 4, 2009 at 1:03 PM

    What happened to dealbreaker commenters? From what I can tell, the years have passed, while the intelligence has dropped.
    EP, please don’t listen to these bumbling fucks that don’t understand what the fuck you’re saying.
    Retards. All of you. ^^^^^^

  10. Posted by HeadlessHorseman | August 4, 2009 at 1:05 PM

    For Christ’s sake…just stop it already.
    Did Bess turn Dealbreaker’s reins over to you two as part of a poorly-conceived practical joke on the readers?
    I’m all for the woman getting a vacation, but this is akin to putting the nice folks from the Chinese restaurant in charge of the boarding kennel while its proprietor is on vacation; predictably, it fails in spectacular fashion.
    If you’re targeting humor, this post would have missed water from a boat.
    As previously suggested by another commentator, just post an FMF story and let us take it from there. Alternatively, see if you can work up some fresh cleavage shots of Druy. And for the love of God, don’t do both in the same day. You’ll undoubtedly want to leave an “ace in the hole” to salvage tomorrow’s journalistic train wrecks.

  11. Posted by guest | August 4, 2009 at 1:08 PM

    @4 “If you can’t get it together, why not just run a “best of” series. Works for Stern….”
    I don’t get it.

  12. Posted by guest | August 4, 2009 at 1:09 PM

    @9 Oh intelligent one, please STFU.

  13. Posted by guest | August 4, 2009 at 1:09 PM

    (DB – Bess Levin)

  14. Posted by guest | August 4, 2009 at 1:09 PM

    Private, please do take your drivel private. Do you any sense of shame?

  15. Posted by guest | August 4, 2009 at 1:14 PM

    Internet porn?
    EP, have you ever been to China?

  16. Posted by guest | August 4, 2009 at 1:19 PM

    EP has again outed herself as a self-hating twinkie. Stop writing drivel and go home sucking those matzo balls, chocolate nuts, and Weisswursts that you can’t get enough of.

  17. Posted by guest | August 4, 2009 at 1:20 PM

    That clusterstock post was great. but the commenters are awful.
    Someone just take it upon yourself to post an FmF pic and bio. PLEASE

  18. Posted by Tax Chick | August 4, 2009 at 1:33 PM

    @17 Concur on both points. Perhaps if EP/GM won’t post FmF pics, we can just post our own comments to the clusterstock posts.

  19. Posted by guest | August 4, 2009 at 1:41 PM

    Wow.
    Did you guys not expect something like this when EP came back for a week? Personally I find it quite comical.

  20. Posted by guest | August 4, 2009 at 1:43 PM

    boy EP, last time you were guest writing here, the readers would fall all over themselves to be the first to praise your stellar analysis
    seems like there’s been some heavy turnover in the readership around here.

  21. Posted by guest | August 4, 2009 at 1:48 PM

    “organs sold for transplants”
    Hmmm. Is THAT how Ted Kennedy has made it this long?

  22. Posted by guest | August 4, 2009 at 1:48 PM

    “organs sold for transplants”
    Hmmm. Is THAT how Ted Kennedy has made it this long?
    Chinese prison livers.

  23. Posted by guest | August 4, 2009 at 1:50 PM

    @20
    You have a faulty memory. One of the last posts of EP before she went to the darkpools got about 15 comments, all which were indicating snoring, crickets chirping, drooling, and just plain boredom, but nothing to do with what she was writing about.
    In the meantime, nothing about Gasparino bashing Taibbi… something that Bess would have made another masterpiece of a post.
    Back to my cave

  24. Posted by guest | August 4, 2009 at 1:52 PM

    @23: Bess just has crush on CG; she’s feeding his ego with the excess coverage to win favor…

  25. Posted by Tax Chick | August 4, 2009 at 1:59 PM

    @24: Bess may or may not have a crush on CG, but her posts on him are darn amusing. And that is the point.

  26. Posted by NAS Keflavik boi | August 4, 2009 at 2:23 PM

    Three million unemployed students is NOTHING compared to the much larger looming demographic IED that lies in the road for China — the 50-million-female deficit. Chinese fellas aged 0 – 20 are going to have to learn to live with one or more of the following:
    1. a lifetime of whacking it;
    2. a lifetime of MMF and MMMF threesomes and foursomes;
    3. just going all out whole hog prison homo; or
    4. raiding No. Korea, Vietnam, Mongolia, Siberia and Nepal to augment their babeage.

  27. Posted by guest | August 4, 2009 at 2:31 PM

    The more Guest complains, the hornier I get.
    CG
    ps: Dennis Kneal wears clown shoes and kicks women and children in the crotch.

  28. Posted by guest | August 4, 2009 at 2:43 PM

    Bess is NY Post, EP is Foreign Affairs.

  29. Posted by american bandersnatch | August 4, 2009 at 2:56 PM

    @26 – Or they’ll be so busy taking care of their parents and grandparents that they’ll have no time to wonder why they never found a wife. Demographics are destiny.

  30. Posted by guest | August 4, 2009 at 3:11 PM

    I would like EP and Bess to make some sex with each other for video tape.
    Shafeef

  31. Posted by guest | August 4, 2009 at 3:18 PM

    EP and Greg, A2A!!!

  32. Posted by guest | August 4, 2009 at 6:19 PM

    Is Chris Theoharris one of those students? If not, I’m not interested.

  33. Posted by guest | August 4, 2009 at 8:22 PM

    EP before you turn DB into a garbage site not to mention your dry humor, perfect you English first.

  34. Posted by guest | August 4, 2009 at 8:27 PM

    You know what I like to do with you EP?
    I want to tie your balls and hang you upside down.
    Erin B.

  35. Posted by guest | August 5, 2009 at 12:45 PM

    Is EP a female specie?
    I’d like to tie her tits to pull my 10/mpg station wagon to dealership for “cash for clunkers” before the money runs out.
    Mark H.

  36. Posted by guest | August 7, 2009 at 5:53 PM

    EP: Love your work as always. This is a highly relevant topic. Think American jobless is bad? Visit China.
    Although porn is actually highly accessible in China. At least when I was there anyway.
    33: EP’s english is Barcleh perfect.
    34-35: Obviously your nuts or vage suffer from lack of use. Perhaps you should both get together? I would recommend Crisco tho.

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