Let them die. Let them die.
China doesn't need brainless greedy assholes.
Let them die !!!
On May 3, 1:06 pm, "Albert K. Fung" <akwf...@[EMAIL PROTECTED]
> wrote:
> Jumping off bridges, buildings ....
>
> Or downing bags of potent pesticides, China's small investor
> class are increasingly seeking myriad macabre ways to put an
> ultimate end to their financial miseries. Together they owed
> and lost a gimormous amount of money. Without the bankruptcy
> laws to wipe out their debts, and give them a new beginning,
> their future is one deep, dark tunnel.
>
> The source of their financial woes: China's stock exchanges.
>
> Early last year, within six short months, the Shanghai index
> jumped from 3,000 to 6,000. Chinese citizens were totally be
> -dazzled by jingling tales of easy money and completely mes-
> merized by Gatsbian stories of rags to riches. Their humdrum
> existence, fanned by yearnings for a brighter future ignited
> their imaginations. In the quintessentially capitalistic way
> of the west, they saw a clear path to fulfilling their dream
> of getting rich, fast. Certainly, there were talks of risks.
> But did the government not keep saying that China would sur-
> pass the world's advanced economies, including the USA?
>
> Many bought shares - at their peak, thinking that they would
> go much higher. Many were rewarded. Then, suddenly and with-
> out warning, China's stock exchanges started to plunge. They
> were worried but managed to convince themselves that, surely
> the government would step in to help them, in due time. This
> country, they argued, practiced socialism with Chinese char-
> acteristics, not heartless capitalism of the west. Wrote one
> investor in an investment website, "Don't worry, the govern-
> ment will step in later, just keep buying. I heard that even
> the heartless US government is lovering their interest rates
> to sup****t the market. Our country practices socialism, with
> Chinese characteristics."
>
> They waited, and waited, too dazed and horrified to pull the
> trigger and take their money out. In the meantime, the stock
> markets nose dived. Then, they could bear it no more and one
> after another, China's small investors embarked on different
> means to end their miseries - once and for all. Watching the
> the unfolding sad drama, was the Chinese government.
>
> Anxiously, but steadfastly on the sideline ....
>
> Regards,
>
> Albert K. Fung
> Casa Tres Palmas, Santa Ynez, California, USA.
> ---
> Posted via news://freenews.netfront.net
> Complaints to n...@[EMAIL PROTECTED]
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