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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (57483)11/4/2009 8:58:52 PM
From: Rolla Coasta  Read Replies (2) | Respond to of 219836
 
you are suggesting Mq to become a Chinese ???



To: TobagoJack who wrote (57483)11/4/2009 11:53:38 PM
From: Maurice Winn3 Recommendations  Read Replies (1) | Respond to of 219836
 
Thanks TJ, that explains it. A racist place like China was certainly not going to be a free for all as you first described. <one can only obtain chinese citizenship by (i) being born chinese in china, >

What's the racial test? Colour of hair? Colour of eyes? Skin tone? Length and curve of nose? The Germans had some such tests for Jewishness - maybe China bought the kit from Dr Mengele. Perhaps with modern DNA analysis they can define it in some way more precisely, though that seems very unlikely to include all current citizens as citizens even if born there, for generations. Sometimes there is even a bit of naughty miscegenation concealed from immediate relatives and everybody else by the mother which can mess with the purity of DNA and racial definitions.

Is there a definition of "Chinese"? I suppose it includes "pays the right amount of money to the correct local Party boss".

"Permanent" residency seems likely to be as reliable as "permanent" which Ben Bernanke and co produce from time to time to shore up the coffers.

"Residency" seems not much more than "You can holiday here as long as you like if you buy a place worth HKD8.5 million". If the person sells the accommodation, their visit, aka "residency" is presumably over.

Hong Kong seems little better than all other places in terms of freedom. On a scale of 0 to 10 Hong Kong is at about 1 and NZ at about 0.9. Zimbabwe is at about 0.1. There is huge room for improvement everywhere.

Recommendation - sell Tradable Citizenships for China [including Hong Kong]. Sell, say, 100,000 to the highest bidders and don't limit possession of other citizenships and don't exclude local yokels in mainland China and don't restrict residential location and don't require business operation, property purchase or any other bureaucratic nonsense which merely opens the system to rorting.

If Hong Kong is as desirable as NZ [which seems likely given the property prices] then that should raise about $100 billion per year. 100,000 extra people is not a lot in the context of China or even just Hong Kong.

Even in China, $100 billion is still real money.

Mqurice