Algeria is in focus these days...but brutal killing of
ordinary people by people indulging in political power
play has never really been stopped....
Now it is Algeria....
Before that it was Bosnia, Rwanda etc...
Before that it was Sri Lanka, Iran, Iraq etc...
Before that it was Central America...
Before that it was Cambodia, Laos etc...
Before that it was Indonesia, Malaysia....
Before that was India, Pakistan etc...
And I have probably missed some massacres or mentioned them
in wrong order, but I hope you get the point about recent
world history.
Closer to home, I wonder which place has the "Murder Capital of
America" crown (highest per-capita homicide rate)
Recent "winners" have been Washigton DC, and East Palo Alto etc.
which exist a stone's throw from "wealth and tranquility".
Connection to this investment board is that "pure capitalism"
often overlooks corruption ("So what if he is a dog...he is our
dog" phrase from cold-war days). A PBS program yesterday (did not
catch the begginning of it tried to focus on troubles of American
non-high-tech middle class as focus on bottom line drives their
jobs to low-wage economies while there are no alternatives left
for them. Maybe that can lead to crime and violence here...
A recent posting on TI thread...
exchange2000.com
tries to make a case for more openness and transparency in
Asian economies. But from what I watch in the News, the
"economy" of Indonesia's First Family seems to have gotten
away with slap-on-the-wrist while the ordinary people will
take the bitter medicine.
No answers here, but maybe someone here will become a billionaire,
get into politics, run for office (a la Ross Perot) and try to
make a difference. :-) Other than that in a few days we will be
back to watching our portfolio, stock price and less about what
happens half way around the world :-( |
