Today in Hong Kong there was a financial outrage. Some people in Hong Kong had purchased a product that depended on betting on the stock market. This is why I think the consumers were extremely unreasonable......
Of course, at one time betting on the stock market is an extremely dangerous procedure. That is why some people lost their money while betting on the stock market. They are at present trying to get their money back by blaming the banks for not explaining the risk to them. Well, why didn't it occur to them to ask the banks? Although there is some resonable wrongdoing on the banks part, it is the consumers themselves who are to blame. To put this in another perspective, it is comparable to a 100% no risk, full refund, secure profit product. Of course, impossibly good products don't last long. This is exactly like what the Lehman investors did.
In Hong Kong, there will almost certainly be more people like these investors. They need to be more cautious next time.
Friday, July 31, 2009
Tuesday, July 28, 2009
Perspective
This is an extremely complicated part of humans since they first realised they had it. Why is it the complicated? It's because of this......
Perspective can change everything. It is the driving force of the human imagination. How? Well, for once, a person that has lots of power can infulence many other people with his perspective. This is how many wars and such things broke out over time, and how many other leaps in technology. Perspective indirectly is the fuel for the rise of man. What can perspective achieve?
One very weird kind of thing that perspective can do is make good people bad people. For example, the Japanese perspective of themselves was that they were valiant warriors fighting for their country. On the other hand, the Americans thought that the Japanese were violent thugs that used any means, even if this meant taking their own life, to kill their opponent. Americans are seen in the same way.
Another almost impossible to solve question that perspective raises is, where did perspective itself originate? It seems like a simple question with one simple answer, but that one simple answer is incredibly hard to find. Since perspective has no solid appearance, it is so hard to find that nobody knows what form or shape it comes in. All we do know is that it gives a living animal the ability to make decisions.
The final, and most puzzling question is, what is perspective itself? Is it a figment of man's imagination? Does perspective even exist? What is the true meaning of the word 'perspective'? Since all things have to start at a single point, when did 'perspective' come to be?
Why don't you have a go at these issues?
Perspective can change everything. It is the driving force of the human imagination. How? Well, for once, a person that has lots of power can infulence many other people with his perspective. This is how many wars and such things broke out over time, and how many other leaps in technology. Perspective indirectly is the fuel for the rise of man. What can perspective achieve?
One very weird kind of thing that perspective can do is make good people bad people. For example, the Japanese perspective of themselves was that they were valiant warriors fighting for their country. On the other hand, the Americans thought that the Japanese were violent thugs that used any means, even if this meant taking their own life, to kill their opponent. Americans are seen in the same way.
Another almost impossible to solve question that perspective raises is, where did perspective itself originate? It seems like a simple question with one simple answer, but that one simple answer is incredibly hard to find. Since perspective has no solid appearance, it is so hard to find that nobody knows what form or shape it comes in. All we do know is that it gives a living animal the ability to make decisions.
The final, and most puzzling question is, what is perspective itself? Is it a figment of man's imagination? Does perspective even exist? What is the true meaning of the word 'perspective'? Since all things have to start at a single point, when did 'perspective' come to be?
Why don't you have a go at these issues?
Thursday, July 2, 2009
Lehman Brothers: Bankruptcy
People in Hong Kong are turning to sheer desperation in losing their money from investing in Lehman Brothers. But this was not the fault of the company. Here is why the people are doing the wrong thing......
Basically, it's not the fault of the government for misinforming the people of Hong Kong. It's the people of Hong Kong which have so foolishly invested their money in the Lehman Brothers. The only thing they have to blame for losing their money is themselves. The most outrageous thing about these investors is they think they can just bring this problem to the government and live happily ever after. What disgust everybody is the fact that they are no less pampered than babies. One other thing is that when these people are stuck in a pretty horrible situation, they don't try to solve it the hard way, they prefer to whine about it.
One of the poor excuses the Lehman Brothers' investors make is the fact that 'the government didn't tell us that these stocks were unstable'. Well, how would the government have known? Besides, the investors could have easily researched this themselves via the Internet. In a simple way, they are trying to blame the government for something that they are responsible for.
Basically, it's not the fault of the government for misinforming the people of Hong Kong. It's the people of Hong Kong which have so foolishly invested their money in the Lehman Brothers. The only thing they have to blame for losing their money is themselves. The most outrageous thing about these investors is they think they can just bring this problem to the government and live happily ever after. What disgust everybody is the fact that they are no less pampered than babies. One other thing is that when these people are stuck in a pretty horrible situation, they don't try to solve it the hard way, they prefer to whine about it.
One of the poor excuses the Lehman Brothers' investors make is the fact that 'the government didn't tell us that these stocks were unstable'. Well, how would the government have known? Besides, the investors could have easily researched this themselves via the Internet. In a simple way, they are trying to blame the government for something that they are responsible for.
Basically, the reason why this whole thing is outrageous is because these investors think that they will have a guaranteed 100% refund, no matter whatever happens. It's simply because they are too greedy. They think they have a stock in which they certainly can make a profit. Well, the world isn't that perfect. It's a place where you win it, or you lose it.
One of the saddest things ever about these protests is the fact that the motive is to blame some other person and get money back from it. So, here's a message for those whiners: you lost your money, LIVE WITH IT.
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