Thursday, October 9, 2008

The Year 2008 that human will remember 人類歷史上永記的2008年

We have huge snow storm, great earthquake, the best Olympic Game and the fall of western economic system in 2008.

In the future, 2008 may be a year that marks the beginning of change. The western, or may be better called the American, system of economy has been prosperous for tens of years after the World War II. Almost as a golden rule for all developing countries to follow.

The stock market, the bond and fund, the financial products etc. are so fascinating that draw most investors the world over to a desperate state.

The belief that American would not be fraudulent, the big financial firm would not collapse, the bank would not be bankrupted are the major factor of today's failure.

To solve the problem, the so called free economic country has to apply governmental control, swallowing bad debts is the first step, taking over banks will be the next.

China must open the eyes to see such fall out of economic system that has been envied for some years.

In the 60's, an elder relative asked me about a fund called Dollar. I was a secondary school student at that time. I checked the terms and told him that since huge profit only offered for five years while any early withdrawal would suffer loss, it was a great risk if the fund closed four years after. Of course, I believed that he had invested some money because he trusted the fund, a fund from the America. Needless to say, the fund collapsed in four years.

Unfortunately, until today, there are many Chinese still believe America wholeheartedly. Luckily, China is still ruled by communist party. No matter how, the party doctrine cannot be changed.

I admire American too, but not blindly.

在2008年,我們有特大雪災、大地震、最偉大的奧運會及西方經濟崩潰。

在將來,2008年可能是大改變的第一年。西方,也許稱為美式更佳,的經濟系統在第二次世界大戰後蓬勃了數十年。差不多成為所有發展中國家追隨的黃金定律。

股票市場,債券與基金及所謂金融產品等都是那麼吸引,把世界各地的投資人都拉到絕望的境界。

認為美國人不會是騙子,大金融機構不會倒閉,銀行不會破產等信念是今日失敗的主要原因。
解決問題就由所謂自由經濟的國家來實施政府干預手段,先是把有問題債務吞下,下一步就可能是接管銀行了。

中國一定要睜開眼睛看看這個羡慕了多年的經濟系統如何崩潰。

在60年代,一位年長的親戚問我有關名為Dollar的基金。當時我是一個中學生。我看了那些內容後,告訴他因為必須在五年後才有可觀的利潤,而之前的退出會有極大的損失,最大的危機是當基金在四年後倒閉就什麼都沒有。我相信他投資了一些金錢因為他認為基金是美國機構。不用說,這基金在四年後倒閉了。

不幸的是在今日,仍有不少中國人仍然全心地相信美國。可幸的是中國仍是由共產黨管治。無論如何,黨的信條是不能更改的。

我對美國也相當欽佩,但絕不是盲目。

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