9/27/2024

India number one in many things

 People can argue until the cows come home, but for them, predicting that India will be the next China or surpassing China is just a fantasy cooked up by fertile minds. Several decades further down the road may be a feasible fantasy, but then China could also not just remain stagnant and by then already the No. 1 economic power in the world with the BRICS global currency and settlement system well entrenched for the rest of the world to adopt, free from impending sanctions and subterfuge.

The Indians will think so that India is the next China, and you better not throw spanners against their castles in the air. The West will think so too, and they can flock to India to help. Hopefully they do not flee from India when facing the Indian system of predatory moves to take over their investments when they succeed against local Indian ventures. The list of who and who that got caught and clobbered in India are all top-notch investors from various countries, like Apple, Foxconn, Xiaomi, BYD, DJI and now Samsung and Netflix.

The Indian consumer market is too big to ignore for most companies and they still want to be part of the Indian upcoming miracle, despite the risks involved, hoping to harvest what they experienced by emulating their ventures in China. But, on hindsight, it will be a long bet, perhaps decades into the future for their dreams to be fulfilled. There are so many obstacles to overcome today for India.

Massive poverty eradication needs to be carried out first in order to produce the consumers capable of having the buying power like those in China today. This alone is a high mountain to climb, knowing that the mindset of Indians is strongly resistant to change or even criticism. Just look at the language issue in India alone, with no common language in place to promote national policies and advancing agendas. China just did the impossible by making Mandarin the common language adopted by all the 1.4 billion Chinese, with dialects still intact.

Infrastructure is also lacking in India notwithstanding the Indian Government trying to address this shortcoming. Without an adequate fast and efficient transport system, manufacturing is going to face obstacles getting supplies and moving finished goods out on time and according to schedule. But like the high-speed rail, taking all the time in the world to get it done is not a solution.

Skilled manpower for India to move into manufacturing is still in short supply and training periods are not just a matter of months. It takes years to reshape the education policies of India that had been catering to the service sector, and a game changer is really needed in order to turn out skilled engineers and STEM graduates in large numbers instead.

Above all, the Indian population is growing too fast for its economy to absorb the jobs needed to lift people out of poverty. Nothing will work by putting the cart before the horse. It may move backwards rather than forward.

Anonymous

USA a generous and benevolent friendly power? Doesn't anyone know....

 Didn't this same character posted an article in the shit times not long ago claiming that the decrepit world trouble maker the US is a friendly and benevolent benign power. When I read that I almost wanted to throw out. US, a generous and benevolent friendly power. What opiate pipe is he smoking? 

Doesn't he know the history of USA is a history of savage attacks and invasions of other countries. Doesn't he know the history of America is a history of bloodshed of brutal killings and genocide of natives of victimized ? countries. Doesn't he know that Anglo-Saxon US indulged in brutal and atrocious tortures of native Indians of America? Doesn't he know that the white Anglo-Saxon USA is sitting on stolen land from the natives of America? Doesn't he know that America joined UK, France, Germany, Zionist Jews and Japan in the opium smuggling and illegal and illicit opium trade in China in the 1800s to 1890s that impoverished and debilitate China to no end. 

Doesn't he know that American universities like Harvard, Yale, Columbia, New York and California Technological University all were built with money from opium smuggling and illegal trading in China in the 19th Century. Doesn't he know that most of the splendid infrastructures of railways and highways , the luxurious buildings and hospitals in US and Europe were built with money from opium smuggling and trading in China? 

Doesn't he know that China was reduced to a pauper state by US and European countries? Doesn't he know that UK and France in collusion with the US imposed the Opium Wars on China? Doesn't he know US and many European countries and Japan reduced China to a semi-colonial country by having extra-territorial rights in many Chinese towns, cities and ports.

Shame on him for being so ignorant or just pretending and fawning on Western powers headed by evil United States.

Lee Tai-Chong SG
Tuesday, 24th September,2024

AIA misappropriate hundreds of billions from Chinese clients after the two world wars

 This article on when China is going to charge HSBC for its outrageous act against Meng Wanzhou and the Chinese PRC rekindles my interest to when China is going to settle account with AIA an American insurance company founded long ago in Shanghai for misappropriating hundreds of billions of dollars from Chinese clients who might have died during the First World War 1914 to 1918 and the Second World War 1931 to 1945. ( For the Chinese Second World War started from 1931, the year Japan started to attack and invade China ). 

AIA cannot be just opportunist to swallow freely the billions of dollars from dead Chinese clients by subterfuge in claiming that the identity of the dead clients cannot be traced. No matter what China must now pick up the thread and demand AIA to appear before the PRC government to account for the billions it illegally appropriated. This case of AIA illegal appropriation of the billions belonging to deceased Chinese clients has been dormant for too many decades. 

AIA cannot claim this happened before the founding of the PRC . This is a stupid lame excuse for it must settle with whatever Chinese government that comes into power in China. China must now pursue AIA to cough out the billions of dollars owed to deceased Chinese clients for these money by legal right should be reverted to the Chinese national government which is now the PRC and not to be unlawfully or illegally retained by AIA. 

Time is of the essence the PRC must henceforth pursue AIA on the issue to its successful conclusion as quickly as possible.

Southernglory1
Tuesday, 24th September, 2024

America's fake democratic system is failing and collapsing

 There is one 'Red Line' in the West that can never be crossed. That is telling the world that Communism is doing better than Democracy. That reality is happening with Communist China, but the fantasy that democracy will always triumph communism is still being trumpeted to no avail. Otherwise, why is there such a need for the USA and the West to counter China economically at all costs today? Why is there all the hubris about having to protect democracy around the world if it is still a triumphant system? When companies lost the competition, advertising is necessary and logical.

And that is why India can never be the next China, not to talk about surpassing China. India is, in fact, handicapped and stifled by its democratic system of Government, where even farting needs the consensus of the voters. The actions of the Indian Government are held hostage by the need to cater to voters every few years. Things do not move smoothly in every endeavor, be it high speed rails, overhauling its agricultural system, securing land for infrastructures on top of a cumbersome administrative system inherited from the British that hampers progress.

China is able to progress so fast because the Government is not held hostage by voters and partisan needs, but solely catering to national interest and needs. The Government charts the direction and the private sector investors follow the route set up. Every investor knows what and where to invest in, what and where the priorities are and are confident that the direction taken is not going to falter and support hampered. That is why China dominates in most sectors of the global economy, be it shipbuilding, motor vehicles production, manufacturing and now putting all the priorities into semiconductors.

If India thinks that the USA will allow it to rise like China to challenge the USA, it is mistaken. They have only to look at Japan and Germany, and now China to draw its conclusion. 

Anonymous

9/26/2024

Team Singapore - Foreigners calling themselves Singaporeans that we do not know

SINGAPORE: The most sustainable way for Singapore football to grow is to build up a pool of its own youth players rather than just importing foreign talent, said Minister for Culture, Community and Youth Edwin Tong.

Speaking on CNA programme Talking Point, he said this approach would also be the most relatable to Singapore.

"Occasionally, we might supplement with a few who’ve been here, who not just as a footballer, but as a person can relate to Singapore and Singaporeans. I think that’s important.

"Because I don’t want a team that is made up of people who wear my jersey, have my flag, but I don’t know them." CNA

At one time, not too long ago, Singapore's coffer was filled with nothing but cash, cash and cash. With so much money, every solution is about money. Money can solve every problem in Singapore. There was this great idea that we could get into the World Cup final by paying our way with money, buy all the top footballers, spend a billion or two, and walla, we will be in the World Cup final. So easy. Why waste time training and training Singaporeans that got us no where?

Edwin Tong's idea is quite new and innovative after a lapse of 40 years. How come no one could come up with such a great idea until now? What happened to the old idea of instant trees, just buy what we want, and get it instantly? If no one can see the joke of having a team of foreigners wearing Singapore jerseys and waving on top of our open deck buses during a victory parade, and every Singaporean does not know who they are, that they look so different from us, maybe Singapore has arrived, as a hotel, with foreigners as our role models.

Edwin Tong's idea may bear fruit in 20 years or longer. Singapore has waited more than 30 years for a return to the Kallang Roar era when we have intelligent and skillful footballers to win matches. So there is no harm waiting for another 30 years, Investing in our own talents is a long term process, just like investing our national reserves. Early stages lose a lot of never mind, look at the long, long term.

This same policy can also be applied to how we brought in millions of foreigners, called foreign talents, and depleted our own talent pool to the point that we don't bother to train our own talents anymore. Just bring in the instant trees. Singapore was a financial centre in SE Asia for decades, if not South and East Asia, the most progressive and advanced banking and financial centre, but ended up with no banking and finance talents. All must be imported. All those we have are no talents, good for nothing goons. No point training them. Even so called talents from third world villages with backward banking systems, are good enough or better than Singaporeans to head our banks and filling up to management positions. I think they have already given up with our unsophisticated no talent Singaporeans in banking and finance. In this field, foreign talents good,

Would Edwin's policy be applied across the board, across all industries, in the ministries, GLCs, to groom our own talents instead of buying foreigners, instant trees?

What do you think? Without the Goh Keng Swees, no political leaders would think like him, to groom and grow our own talents, Singapore for Singaporeans. Finally, there is a lonely voice in a little corner of Parliament, Edwin Tong, to call out to groom our own talents, but only in football. The other ministries and GLCs still very happy bringing in instant trees instead of using out 'no talent' Singaporeans. Just saw an angmoh as Head of DBS East Asia on TV. Totally agree with Edwin that no Singaporeans would know him except for the people that recruited him.

Hopefully a flash in a pan may spread to become a tsunami, if not a little tropical storm would also be good,

What do you think? Would the super talents in charge think Singaporeans got talent and can be groomed to take over top jobs in Singapore, and not become jig and platform workers?