Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (144618)	12/12/2018 1:22:41 PM
From: Joseph Silent	3 Recommendations Recommended By dvdw© ggersh louel Read Replies (5) \| Respond to of 217830

While I could be wrong, I get the sense that your search for "opportunity" is always biased to the downside. You may be right --- I do not know. But if so, you can only be right part of the time. Timing is always an issue, and in the long-run (as they say in simulation) we are all dead. Again, I could be wrong, but it seems to me the SEC is jumping on the Lighthizer bandwagon to score some points. At this time I do not see China saying "no". The cost of a positive response is small. The cost of a negative response is greater and greater mistrust, and that is the face China wants to and needs to change, to prosper. For one thing, less headaches for the Govt. if someone else (also) audits the books. For another, less reason for mistrust. For a third, it will demand the same in exchange (which is fair). The most important part of this is that China has to develop an Anglo-marketing face. It lacks this face. It has to have the same "white-glove" approach to situations, along with the smiling "oh, have a nice day!" face and business-suit and tie. Because Anglo treats all foreign culture as quaint when it is small, and threatening when it is big. So learn the same dance, but no need to change the culture inside. All corruption is the same. The Western face of corruption looks a certain way, and the China face of corruption looks another way. China has to figure out how to make that face look the same. Sadly, none of this corruption will go away unless people and leaders change (on the inside). Instead, as in the West, it will get more and more sophisticated, with a fancier and fancier face. Lots of high-tech makeup. Now what pisses me off about all this is the typical Western/SEC idiocy. Why the heck did we allow foreign companies to list on the exchanges if we did not have all the audit requirements in place? I'll tell you why. Because the fricken' banks and exchanges wanted to get their grubby hands on the IPO and trading money. To heck with what comes after. Same with the SEC. More business, more corruption more fines. What a funny way to care for society. Put criminals and idiots in leadership positions. Keep all the really smart people wrapped up in problems of survival. Keep the rest tied up in man-made law, but bring God into it whenever convenient.