A wise man submits to fate

Chinese has an idiom: 识时务者为俊杰, means servers are clever or whoever understands the times is a great man, or those who suit their actions to the time are wise. The youths in Hong Kong are misguided, who should learn this before continuing their journey. Abducting book publishers/sellers are terrible … but China is the ultimate sovereignty of Hong Kong. HK has always been a middlemen, a great one but that role is diminishing as the world becoming increasingly flat/connected.

On a personal level, I think the snobbery plays a role here. The HKers see the poor and uncouth cousins now have outearned and outspent them, that doesn’t sit well with the proud Hong Kongers. But as the title says,  识时务者为俊杰. Wise up and move on.

SCMP reports:

Chris Patten to students: Hong Kong is not a nation state, do not deceive yourself
The city’s former governor pulled no punches in rebuking youth at a university seminar also attended by pro-independence lawmaker Nathan Law and activist Edward Leung
PUBLISHED : Monday, 28 November, 2016, 11:31pm
UPDATED : Monday, 28 November, 2016, 11:41pm
COMMENTS: 7

In a surprising move, former governor Chris Patten has waded into the debate about what qualities a “good chief executive” should possess, while also pulling no punches in rebuking students who aspire for independence.
Patten said the chief executive should be a representative of Hong Kong’s people. But when asked to ­assess Leung Chun-ying’s performance and discuss who should be the city’s next leader, he said: “I wouldn’t dream of interfering in the process.”
He went on to say: “I think a good chief executive in any governing system should listen to a wide group of people and be decisive … and mobilise consent.

Democracy doesn’t have to mean independence ->

“He should be able to represent Hong Kong to Beijing and the international community, and not be thought to be Beijing’s representative in Hong Kong.”
Patten was speaking to the press after a seminar with students at the University of Hong Kong on Monday.
During the two-hour talk, he took about 13 questions from students, many of whom challenged his views on Hong Kong’s independence. Among them were localist lawmaker Nathan Law Kwun-chung, and independence activist Edward Leung Tin-kei.
If you think in the next two to five years, you can overthrow the party and Hong Kong can become independent, I just think you are deceiving yourself”

Patten did not mince words, telling students: “I am going to say something which you may not want to hear: Hong Kong is a great society. It is not a nation state.”
On students’ views about independence, he added: “I just happen to think – you are wrong.”
Leung questioned why Hong Kong should not separate from China. Patten replied: “I am a huge admirer of China, Chinese culture, Chinese history, Chinese art … I am not a great fan of Leninism or the Chinese Communist Party.
“But the Communist Party is at present ruling China. If you think in the next two to five years, you can overthrow the party and Hong Kong can become independent, I just think you are deceiving yourself.”

Ignore people’s aspirations at your peril, Hong Kong’s last governor warns ->

He reinforced his support for democracy, but also reiterated views he had put forth during a speech at the Foreign Correspondents’ Club last week, warning against confusing universal suffrage with independence, adding pro-independence antics served only to erode support for democracy at home and worldwide.
The full-house event was jointly organised by the Project Citizens Foundation and the students’ union of HKU.
Patten, 72, was the last governor of Hong Kong, serving from 1992 until the 1997 handover.
He is now a member of the House of Lords and the chancellor of the University of Oxford.

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Khatia Buniatishvili

She’s a Georgian concert pianist. One of my faves.

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Rainy days are for book, music and tea


Or wine. A rainy day ☔️💧💦是抱着🍵 🎵 看📖天. Asiago 芝士 [强]. 不☔️ 会觉得☀️太多 … ☔️时又觉得懒惰 [闭嘴] 人挺难伺候的 [偷笑]

img_2749img_2761 img_2756

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In the world of classical music on youtube

2016-11-10-1

Many performances have large followings on youtube, some are over eight digits hits:

P. I. Tchaikovsky – Violin Concerto in D major, Op. 35:

Tchaikovsky – Piano Concerto No. 1 in B-flat minor, Op. 23.

A few other

  • Hilary Hahn’s Mendelssohn has 8,925,905 (just garners 2,869 hits in 40 minutes)
  • Swan Lake by Kirov Ballet 22,885,610
  • Sibelius Violin Concerto by Vengerov/Barenboim, Chicago S.O. (CSO) 2,232,926
  • Rachmaninoff: Piano Concerto no.2 op.18 – Anna Fedorova 9,813,962
  • Anne Sophie-Mutter – Mozart Violin Concerto # 5  1,819,403 she conducts

Some performers

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American comic: New York and Lee

doctor-strange-cloakIf it were up to me, I won’t go to see Dr. Strange. Not my type. But, as the self-centered Benedict Cumberbatch realizes, we need to learn to comprise, from time to time, JK -:). I’m very glad to have gone – thanks children – a great movie that I really enjoyed. The audiences agree with me, in two days, we forked over US$325.4 million, doubling its budget of $165 mil. The movie is very much in line with the comic, even the red cape is as memorable as in the comic.

Comic characters have been hot in the recent decade or two. At the center of it all, is Stan Lee and New York City.  The 93 years old New York Jew, Lee’s last name was Lieber who began his career in 1939 Timely Comics, with a job that’s making sure the ink for cartoonists were filled.

img_2432DC (detective comics) and Marvel were/are the two major American comic houses that both started in New York. DC used to be on 4th Avenue in NYC, moved to Burbank CA in 2015 has Batman and Superman while Marvel that still headquartered in NYC, and associates with Lee owns pretty much the rest well known characters – Spider-ManIron ManCaptain AmericaHulkThorFantastic FourDaredevilX-Men; Ant Man …, so many to list.

img_2435Although all these superhero characters live in a far away universe but their human flaws make relate-able, that they come from a normal kid who’s NOT the coolest and most popular, actually just the opposite.

Lee’s a few long time associates: Jack Kirby (a NY Jew) Steve Ditko & John Romita, Sr. a New Yorker. Kirby has passed away. Unlike Ditko shuns limelight, Lee makes cameos appearance in all the movies (Google All Stan Lee cameos – here is one, updated to Deadpool 2016): look for his in Dr. Strange too “this is hilarious…”

The part of Wang and Hong Kong is a nice touch for getting the Chinese market, I suppose? Zhang Yimou is directing a $150 mil budget movie with Matt Damon, coming Feb 2017 (trailer), for Chinese New Year, probably.

Today is also the New York City Marathon (NYT coverage), the largest in the world. Mary Keitany of Kenya won her third consecutive victory in 2 hours 24:26 and 20-year-old Eritrean (Eritrea Africa) – the youngest winner in race history, Ghirmay Ghebreslassie, won in 2:07:51.

You go New York!

img_2426如果取决于我,我是绝不会去看 斯特兰奇博士。 不合俺口味。 但是,正如自我为中心的卷福(本尼迪克特·康伯巴奇)意识到的,我们需要学习包容,(多少开玩笑哈,JK – :)。 我很高兴已经去看了 – 感谢孩子 – 一部 写的好/ 拍的好/演的好的电影,我真的很喜欢。 观众同意我的看法,在两天内,我们花了3.254亿美元 票房纪录. 电影的预算仅为1.65亿美元。 这部电影非常符合漫画,甚至红色披风也像漫画一样难忘。

漫画人物在近十几年来一直很热。 在这一切的中心,是斯坦李和纽约市。 93岁的纽约犹太人,李的姓氏原本是Lieber,他的职业生涯开始于1939年的 时代漫画,主要工作就是填补墨水 – 确保漫画家们的有足够的墨水。

DC(侦探漫画)和Marvel是两个在纽约开始的美国漫画公司。 侦探漫画曾经在纽约的第四大道,在2015年迁到加州的Burbank, 有蝙蝠侠和超人,而 Marvel 总部仍然设在纽约,与李的联系深厚,几乎拥有其余的知名卡通人物 – 蜘蛛人; 钢铁侠; 美国队长; 绿巨人 雷神; 神奇四侠; Daredevil; X战警; 蚂蚁人… 手指不够用了. 多不胜数.

虽然所有这些超级英雄角色生活在一个遥远的宇宙,但他们的缺陷使我们可以产生共鸣. 这个可能和李及几个长时间同事的背景有关 – 他们都没有背景. 来自一个正常的家庭,再普通不过的孩子 –  绝对不是最酷和最受欢迎,实际上恰恰相反。李的几个长时间的同事:杰克柯比(纽约犹太人)史蒂夫·迪特科 和 约翰·罗米塔(也是纽约人)。 柯比已经过世了。 与Ditko不同的是,李喜欢打酱油,在每个电影里演个微不足道的角色(谷歌所有Stan Lee的故事 – 这里是一个,更新到 Deadpool 2016 https://www.youtube.com/watch?v=_CvIX1SIJkg):寻找他的 Dr Strange 里的角色 … “这真可笑…”

Dr Strange 里 王和香港的部分对于获得中国市场是一个很好的办法.  张艺谋正在指导一个1.5亿美元的预算电影与马特·达蒙,2017年2月(预告片),农历新年上演.

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The top level domain names

They expand from initial 21 generic names, such as .com, .edu and .gov etc. to current 1000+, including non English. Each top name cost about US$180,000 to apply. Google is the second largest applicant with 100+.

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The annual fee on hosting site Dream Host varies: .car and .cars are the most expensive so far, costing US$2,500; .theatre is $625, ( .theater is $49.95)  .movie is $299.95, the least expensive ones are .xyz, .club, etc., cost less than a dollar a year or for the first year.

Looking at .theatre and .theater example, I’m wondering how to deal with  刘/劉  and 张/張 – paying double?

顶级网络名从最初的21个通用名称(如 .com, .edu .gov 等)扩展到当前1000+, 包括非英语.  每个顶级名称申请费大约 18万美元. 谷歌 Google 是第二大申请人, 拥有超过100+ 个.

托管网站 Dream Host 的年费差别很大:.car.cars 是迄今为止最昂贵的, $2,500; .theatre$ 625,(反而 .theater 是$ 49.95).movie 是 $ 299.95. 最便宜的是 .xyz.club 等, 少于 1 美元一年或第一年.

签于  .car 和 .cars, .theatre 和 .theater 例子, 我想 刘/劉  和 张/張  也要付双倍!?

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Manhattan condos and Chinese buyers

The reports of Chinese snapping up luxury/trophy properties in major cities, in China and aboard are nothing new, we have been reading them for a few years.  But I only get to see it first hand this week when my friend with three friends came to New York on a condo buying spree.

His friends have a New York real estate broker lined up. The group leader asked him at a dinner if he would like to tag along. Initially, my friend has no desire to buy but to visit his kid in US. However, as more home work was done, he began to change his mind, and ultimately, put a deposit down on a condo he found online, before leaving for US – the condo has a sales office in China. The deposit is totally refundable upon the inspection in New York. All without the help of the NY broker the group retained, who gave no information other than a few pictures of two buildings they’d visit. When I heard this and saw the pictures, my thought was, either the broker doesn’t care or the broker deals with too many Chinese buyers (who, in general, require very little since they don’t know what to ask …), taking them for granted.

The broker lined up 10 buildings to visit – the group has no idea/info of the buildings and sequence. At the very first one, the broker said, ” … the condos may be gone by tomorrow …” so two of them bought, one each @ $2.81 million. It’s outrageous. Perhaps this is the reason the broker refuses to provide any info: needn’t to. The buyers buy indiscriminately and decisively.

I thought Carrie Chiang who was recruited by Barbara Corcoran in 1988. She’s still with Corcoran. Her annual property listing is $200-300 million (a little trouble 2009). I doubt that Chiang takes anything for granted.

With my resources and my friends, I’m able to put together a team that will take care of condo buyers’ need with honesty, from buying to renting. Contact me if you need the following services:

  • finding the property
  • visit/inspect
  • real estate broker/attorney/CPA/estate planning
  • mortgage broker
  • appraisals
  • rental management
  • insurance

 

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Ants have mercy

http://www.ftchinese.com/story/001069383?from=groupmessage&isappinstalled=1

 

imageThey eat my flower.
They’re so tiny.
How could they climb so high?
But high, they did.
I preyed.
I begged.
Begged for their mercy.
And mercy they did.

All are taken by cell phone, from yesterday except this one, which is just now, today: mostly eaten away by the ants.

image image image image

 

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Divorces, Shanghai style

WSJ and 上海离婚登记处

Are you being shanghai’ed should add one more meaning now: divorce. They certainly do thing differently: In Shanghai, Couples Rush to Divorce to Buy Property Later.

Splitting up often means selling the house. But Shanghai couples dashed to split up on Monday so they could buy.

Spouses were scrambling to cut ties, at least on paper, amid rumors that the city might soon shut a loophole that families often use to buy more property: divorce. The surge is a response to concerns about rising property prices and government efforts to slow the increase.

Under current rules, a family buying a second home is required to put a down payment of up to 70% while a first-time buyer needs to put up only 30%. Widespread rumors—denied late Monday by housing authorities—say the penalty would be extended to those recently divorced for one year.

Dozens of couples packed into Shanghai’s Xuhui District Divorce Registration Office to register divorces on Monday eager to break up. One woman, who gave her surname as Gu but declined to give her full name, said she was there to help her parents divorce after 35 years of marriage. The idea is to buy an apartment for the older couple that has an elevator, said Ms. Gu, and the divorce can help the “buyer” save on the down payment.

“We don’t have much money, so there’s no other way. The property price is so high that it’s unbearable for us,” Ms. Gu said. The divorce, she said, wouldn’t destroy her family, because her parents have a stable relationship.
A paper divorce has been a way to circumvent the current restrictions, allowing one of the recently divorced partners to qualify for the lower downpayment. Ms. Gu said she had been considering a paper divorce for her parents since April and accelerated the process after hearing the rumor.

By afternoon at the Xuhui divorce office, just one of the Shanghai district offices inundated with sudden demand for divorces on Monday, a sign had gone up asking applicants to return another day. The office, on the third floor of a government office near Shanghai’s South Station, said in the notice that the rush of applicants exceeded the center’s capacity. It asked registrants to return later “to ensure service quality and guarantee the normal of order of marriage registration window”—which is adjacent to the divorce office.

Many wanted immediate service. Photos circulating online showed a line forming on the street outside a Huangpu District registration office early Monday morning; others showed the Pudong District office crowded with people.

Shanghai authorities have already rolled out measures to cool the local real-estate market this year. The government banned peer-to-peer lending as a funding tool for down payments and raised the down-payment rate for certain second homes. The restrictions seemed to have some impact, as home-price gains softened over the summer, though they still surged 27.3% in July from a year earlier, according to the National Bureau of Statistics.

Late last week and over the weekend, rumors circulated anew that Shanghai would again make it harder to buy and sell homes, sparking a rush to close housing deals. Last Friday, Shanghai’s real-estate transaction center said its website crashed for about an hour, apparently due to a connection failure after web traffic surged.

Daily transactions for new homes on Monday topped 1,000 for the third day in a row. Transactions for new homes averaged 600-700 per day in July.

At the Xuhui District divorce office on Monday, a 32-year-old man and his pregnant wife were among those waiting to end their marriage of five-plus years. The couple declined to give their names but said they want to upgrade their two-bedroom apartment by purchasing a bigger one with three bedrooms to make way for the baby—their second—due in October. Divorce, they calculated, is the only way they can afford to fulfill the plan.

As a couple, they face an initial 70% payment for the new 4.3 million yuan (about $643,900) apartment. Divorced, one of them could do a deal with only a 30% initial payment. When a staff member at the registration desk told the wife that she might run into additional barriers for getting divorced because of her big belly, she cried. “We don’t have any other way out,” she said.

Late Monday, Shanghai’s commission of housing and urban-rural development issued a denial via its official Weibo microblog that authorities will shortly impose new limits on home purchases.

– Dominique Fong, Junya Qian and Yifan Xie

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Service, service and service

IMG_4963Hunter Vision Center, Inc 华埠眼镜公司
4157 Main St, Flushing, NY 11355 @ Sanford
copticalgroup.com
(718) 939-6888

I go in on a weekday afternoon, at around 4pm. The store isn’t crowded. Two female staff are busy with clients. They don’t see me, don’t acknowledge me and continue as if I’m not exist. All the stores I go to, if no staff is available, someone would always say, “Just a moment, I’ll be right with you.”

But this common courtesy doesn’t seem apply in Chinese stores. I needed to add a pad on a glass and parked near by. So I patiently waited.

Waited.

Waited.

For 15 minutes. Until a third female clerk comes around, as if just sees me, asking, “Do you need help?”

Won’t return. Yelp

 

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The invading forces

I spot a dancing group at the pool after the match. It’s pretty secluded area. Many neighbors and neighborhoods in China complained about them for the noisy and turf. (Dalian and Beijing). Now they bring that to US as well. It’s inexpensive – cost nothing, except the speakers and when they wear uniforms. The monks are all over New York …

IMG_5093 IMG_4674

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SVA

Can’t believe nowadays catalog is still in use, when nearly everyone (at least students!) has access to Internet. This is a nicely produced book.

image image image image

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The child labor

2016-08-22This 2014 Time article is about 73% parents are supporting their adult children. With the help of a chart, it shows adult children live at home much longer nowadays … and goes on to write:

… Little more than a century ago there was no such thing as adolescence. You were a child to 13, and then you went to work. …

Child labor was acceptable at that time in US. No one talked about human right and child right as people do now. Perhaps, people who had advanced a lot faster should look at other countries with understanding, that, they too, need time to develop.

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‘Gangster grannies’ and China’s shadow banking world “中国大妈”和影子银行世界

BBC, 18 August 2016

Karishma Vaswani, Asia business correspondent

Think of the words shadow banking, and you’ll probably conjure up an image of a slick-suited, smooth-talking mafia-esque character who will most likely be found in seedy bars or night clubs.

But in China, sometimes it could be a 60-year-old woman running the show, and that may have serious consequences.

This week, state media reported that a clampdown on shadow banking in China uncovered $30bn (£23bn) worth of illegal banking activity. It may seem a staggering figure, but analysts say this is just the tip of the iceberg.

So what is shadow banking?

Michael Pettis from Peking University has described it as “the financial activity that exists outside the formal banking sector”.

In its most basic form, it includes pawn-shops, the man on the street offering you ready credit at exorbitant rates, and attractive but risky investment schemes.

It also encompasses unregulated wealth management products offered by legitimate financial institutions.

But a substantial part of the sector also includes individuals or informal networks with no financial licence or regulation.

How did it grow so fast?

Informal lending has always existed in China’s economy, but shadow banking really took off post the global financial crisis in 2008/2009.

These unregulated lenders offered alternative options for small and medium-sized businesses and real estate developers to get access to loans during what could have been a crippling credit crunch.

Chinese policeman
Image copyrightAFD

Image captionAuthorities have long been reluctant to stop shadow banking

Chinese authorities turned a blind eye to them at the time, because they were arguably helping the economy to keep growing.

But as with many industries in China – such as the internet, for example – things only start getting regulated when they get very big and start getting noticed. And that’s exactly what’s happened with shadow banking.

How do they work: The ‘gangster granny’ case study

Amongst those arrested in China recently as part of what has become an ongoing crackdown on illegal banking is a woman named only as Sun.

The Shanghai Daily says Mrs Sun is 60 years old, although other media outlets haven’t said how old she is.

She reportedly led a local gang and provided shadow banking services to about 100 customers who wanted to buy real estate abroad or pay for their children’s school fees in foreign countries.

Police reportedly said it was the largest illegal banking operation found in Shanghai in years.

And here’s how it appears to have worked: Mrs Sun’s customers sent her money transfers in Chinese yuan. She and her network of agents then transferred an equivalent amount in foreign currencies to their foreign accounts, or wherever else the money needed to go, through a remittance channel that operated outside the official banking networks.

The authorities suspect there could be many more such financial illusionists.

So who would turn to shadow banking?

Because it is an unregulated industry, it’s hard to say definitively who uses them, but it appears that Chinese companies, corrupt officials looking to move their money overseas, local governments interested in higher returns and the Chinese middle classes have all invested in the shadow banking sector.

Part of the problem is that if you’re looking to grow your investments in China, there’s not much you can do these days.

Chinese stock board
Image copyrightGETTY IMAGES

Image captionTrust in the stock market has taken a serious hit earlier this year

There aren’t that many financial products the Chinese can invest in. Authorities are trying to develop China’s financial sector, but it’s still a relatively new and young market, and investors don’t have that much financial knowledge yet.

So what options are you left with?

Well, the stock market – but it crashed last year, and although it’s on its way up again, many investors have been burned.

The property sector – it also crashed, so people are understandably nervous. Plus you need a large amount of money to start investing, and it’s an illiquid investment.

Saving your money in banks – interest rates have been cut frequently so you’re not going to get very good returns.

So shadow banking which offers much higher returns is appealing – but it is risky, because it is unregulated.

Another compelling reason is that mainland residents can only change up to $50,000 worth of foreign currency per year, which makes it tricky if you’re looking to fund a big purchase overseas.

And then there’s the greed and envy factor. China’s become a rich country in a pretty short space of time. And everyone wants to keep up with the Joneses.

You know how it goes. Your mate, let’s call her Tina, gets a raise. She starts investing some of her savings. Then she takes you out for a drink and shows off her brand-new watch and tells you all about the holiday home she’s buying – and the fantastic new investments scheme that’s paying her some ridiculous return that’s allowing her to do this.

And you get sucked in. That’s how shadow banking can take off.

Beijing's forbidden city 
Image copyrightGETTY IMAGES

Image captionAuthorities have now zoomed in on the illegal banking

Why crack down on the sector now?

Chinese authorities are in the midst of a concerted effort to clamp down on individuals and organisations that are trying to take money out of the country, because of concerns over capital outflows and the weakening of the Chinese yuan.

But in turning a blind eye over the last decade, China has allowed the creation of a financial monster that many warn is out of control.

Moody’s Investors Service says that the shadow banking system continues to expand rapidly, with assets held by these less regulated banks totalling some 78% of China’s GDP.

And in its annual review of the Chinese economy, the International Monetary Fund recently said that almost half of the shadow banking products that have fuelled China’s credit boom carry “an elevated risk of default”.

Notwithstanding that China’s economy is managed differently from that of other countries and that the government can step in and bail the sector out, if it comes to that, this is still very worrying.

This isn’t just a problem for the Chinese authorities. It’s a problem for the “gangster grannies”, the doting grannies, China’s middle classes and all the rest of us.

Because if China’s credit boom can’t be relied on, that means China’s economic growth is at risk – and that’s bad news for us all.

“中国大妈”和影子银行世界  (谷歌·翻译)

说起影子银行,有可能在破旧的酒吧或夜总会中找到一个你可能会联想到衣冠楚楚夸夸其谈(侃侃而谈)的黑手党式的人物的形象。
但在中国,有时运行者很可能是一个60岁的女人,和可能产生严重的后果。
这一周,官方媒体报道,在中国的影子银行取缔破获300亿$(£230亿),值得一非法银行活动。这似乎是一个惊人的数字,但分析师表示,这仅仅是冰山的一角。
那么,什么是影子银行?
来自北京大学迈克尔佩蒂斯已经将其形容为“存在的正规银行部门之外的金融活动”。
在其最基本的形式,它包括典当商店,街道上的人以过高的价格,和有吸引力的但有风险的投资计划为您提供准备的功劳。
它还包括通过合法的金融机构提供的不受监管的理财产品。
但该行业的很大一部分还包括没有金融牌照或法规的个人或非正式的网络。
它是如何成长得这么快?
民间借贷一直在中国经济中存在,但影子银行真正起飞后,全球金融危机在2008/2009。
这些不受监管的贷款人提供的为小型和中小型企业和房地产开发商备选方案获得中什么可能是一个沉重的信贷紧缩获得贷款。

当局长期以来一直不愿停止影子银行
中国当局在当时视而不见给他们,因为他们可以说是帮助经济保持增长。
但是,与许多行业在中国 – 如互联网,例如 – 东西,只有当他们得到非常大的,并开始开始得到监管越来越注意到。而这正是与影子银行发生了。
他们如何工作:“黑帮老太的案例研究
在那些在中国被捕最近在什么已经成为非法银行正在进行的打击部分是唯一的命名为太阳的女人
上海日报说,孙太太60岁,虽然其他媒体没有说她有多大。
据报道,她带领一个地方帮派以及约100客户谁想要到国外购买房地产或支付在国外他们的孩子的学费提供了影子银行服务。
据报道,警方说,这是多年来在上海发现的最大的非法银行业务。
下面是它如何出现已经奏效:孙太太的客户给她发了汇款的中国人民币。她和她的代理网络,然后转移外币等值的其外地户口,或任何其他地方去,通过官方的银行网络之外运营的汇款渠道所需要的资金。
当局怀疑可能有更多的这样的金融魔术师。
那么,谁将会转向影子银行?
因为它是一个不受管制的行业,这是很难说明确谁使用它们,但现在看来,中国的企业,贪官寻找向海外转移他们的资金,有志于更高的回报和中国的中产阶级地方政府都投资于影子银行部门。
问题的部分原因是,如果你正在寻找在中国发展你的投资,有没有什么可以做的这些日子。

信托在股市今年早些时候已经采取了严重的打击
有没有那么多的金融产品,中国可以投资。当局正努力开发中国的金融业,但它仍然是一个相对较新的年轻的市场,投资者没有那么多的金融知识呢。
所以,你留下了什么样的选择?
那么,股市 – 但它在去年遭受重创,虽然它的道路上再次,不少投资者已经被烧毁。
物业部门 – 它也应声,这样的人是可以理解的紧张。另外,您需要一大笔资金开始投资,而且它是流动性不足的投资。
节省你的钱在银行 – 利率已频频下调所以你不会得到很好的回报。
因此,影子银行它提供了更高的回报是吸引人 – 但它是有风险的,因为它是不受监管的。
另一个引人注目的原因是,内地居民只能改变高达$价值50,000每年外币,这使得它非常棘手,如果你正在寻找海外基金大量购买的。
再有就是贪婪和嫉妒的因素。中国已经成为一个富有的国家在一段很短的空间。人人都想跟上攀比。
你知道如何去。你的伴侣,让我们叫她蒂娜,得到了加薪。她开始投资她的一些积蓄。然后,她带你出去喝一杯,并显示了她崭新的手表,告诉你所有关于放假回家,她的购买 – 这是她付出有些可笑回报的允许她这样做了梦幻般的新的投资方案。
你会得到吸入。这就是影子银行如何能起飞。

目前当局已放大的非法银行
为什么现在对行业打击?
中国当局在齐心协力打击个人和组织正试图,因为在资本外流的担忧和中国人民币的疲软拿钱出来的国家,之中。
但是,在过去的十年里不管不问,中国已经允许金融怪兽,许多警告失控的创建。
穆迪投资者服务公司表示,影子银行体系持续快速扩大,这些管制较少的银行共计中国的国内生产总值的78%,持有的资产。
并在其对中国经济的年度审查,国际货币基金组织(IMF)日前表示,几乎已经推动中国的信贷热潮矣“违约高风险”的影子银行产品的一半。
尽管中国的经济正从其他国家和政府能够介入,出保释部门不同的方式管理,如果涉及到的是,这还是很令人担忧。
这不仅是中国政府的一个问题。这对“强盗婆”,溺爱阿妈,中国的中产阶级和我们的所有其他问题。
因为如果中国的信贷热潮,不能靠,这意味着中国的经济增长正处于危险之中 – 这对我们来说都是坏消息。

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Buddhist monks in New York

They’re fake, of course. They’re everywhere in New York’s touristy spots (yes, I do think New Yorkers are smarter … not easily fooled …). They even fight within, for a better spot to work/cheat. High Line Park is one of their favorite spotsI caught this monk working in May. This sign is posted at the low end of the park (the Gansevoort Street, next to Whitney Museum). New York Times in 2016 and NY Post in 2015, have reportedThey’re in Central Park too. Picture on the right is an ad for monks in China (don’t know if it’s a prank or for real): salary and fringe benefit paid to lure new monks …

IMG_0785 IMG_0784 IMG_4345 image

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3some

I got them from Trader Joe’s – shows how pro I’m -:). The tall one is an exotic orchid – how ‘exotic’ I don’t know but it certainly looks different.

image image

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Spotlight

A well acted and written movie, on Boston Globe reporting on 6% Roman Catholic priests molesting boys. The influence of the churches in Boston is very strong that they can make court documents disappear; they can tell the well regarded journalist that “… Marty Baron (his boss, the editor) will move away … (and you’ll remain here) … that Boston is a small world …”

2016-07-14In the end, Cardinal Law who knew the abusive priests but chose to ignore the problem, by assigning them to another church “resigned, and was eventually promoted to the Basilica di Santa Maria Maggiore in Rome, one of the biggest churches in the world.”

A few should be burned in hell.

Is there a justice in this world?  Yes and NO: 100 shades of grey.

Most wars … are because of different religions. I’m not judging, but stating a fact.

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A cardinal

A lovely red bird – cardinal (?) is resting in the backyard. Left is taken with t2i and right is with iPhone – the size of pictures is different?

IMG_3235 red bird t2i image iPhone bird

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