Posts Tagged ‘Far East’

Bitching About China

Although I might find what happens in other Countries objectionable, it has often occurred to me that the constant bitching about what happens in China, Burma, Iran and many others is little short of hypocritical In the sense that coming from the Western countries, it assumes that there is only “one way” that things should be done, “Our Way” which is total nonsense.

Today the 53 year old Akmal Shaikh, a British citizen was executed by the Chinese for trying to smuggle 4 Kilos of Heroin into China 2 years ago which is fair enough 50g is enough in most Far Eastern Countries to face the Death Penalty. Drugs are a problem there and the penalties are commiserate, just because you are a Westerner does not excuse you for breaking their Laws, you get the same sentence as a Chinese person would, it is their Country. When in Rome…

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A Personal ‘Take’ on the Global and UK Financial Crisis

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I can make no claims to any great financial expertise in the area of Global Transactions but a simple question arises for me: “So what exactly is all the fuss about and from what is currently happening, what is the surprise ?”

Now I’m not deliberately trying to be flippant and ignoring what must be a very painful and chastening experience for many but my point is that there is absolutely nothing that is “New” about what is taking place, there are no “New Surprise Elements” that make this “Crash” historically unique and therefore “unexpected”. Capitalism, Socialism, it is all about the redistribution or transfer of wealth by various means and a Market Crash is just one of them.

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