Grow Up Greece!

"Cage them! Cage them now!"

To be a single nation or not to be? That is the question.

In order to answer this question, another question must be answered beforehand - would Greece be able to pay off their debts? Clearly, the answer is no. Knowing thism Greeks must unite and take the necessary measures in oreder to contain their financial problems - but the problem is even the citizens themselves don't know who to elect. Reason being? All the candidates speak of austerity measures which is extremely unpopular with the public.

Are fucking retarded?

Its high time that you put a sock in it after years of binge spending. You want to tell me you're unwilling to cut down your spending? Isn't that a bit childish? Look at how Koreans were willing to give their personal gold during the Asian Financial Crisis 97/98 just to help their country to get out of the debts in which those IMF & World Bank assholes put them into.

Get your act together retards!

Can Japan Rise From The Ashes?

"Never thought I'd see a pin like this."



This is probably my third article related to how Japan is losing to Korea, with the latest one written right before my lengthy distraction - yes, I was distracted.

It seems like a large number of Japanese companies admit that they are lagging behind their Korean counterpart, in particular, the Television Industry to which Samsung and LG are currently holding the heavyweight title. To say that the Japanese are completely out of the picture however would be too much of an understatement; they are still somewhere on top with their Advanced Robotics Industry, among other high tech things.

I think the bigger question in this case would be how long can South Korea maintain their position as a top producer and exporter of electronic goods? I recall having this interesting chat with the Assistant Trade Commissioner from Korea based here; we were talking about how Koreans work late and I thought that this could be a factor draining creativity and innovation to which he couldn't agree more. He also questioned Korea's how long can they sustain their top position. Personally, what Koreans have achieved so far can be attributed to their sense in reverse-engineering; for instance, have you tried comparing Samsung's Galaxy series to Apple's iPhone? Notice the similarities? I also question their status as a "developed" country; and wealth generation which does not distribute income equally.

Korea's ability to maintain their top position can be question through the multiple suits launched by both Samsung and Apple against each other (to which I think was overly stupid and childish). Why you ask? Well after the couple settled down, Apple now plans on purchasing memory and microprocessors from Japan and Taiwan, in an attempt to "reduce their dependance on Samsung" to which, is nothing more than a bunch of pure, unadulterated bullshit. It's clear that Apple was butthurt with the entire charade; so their relataliating by swapping suppliers. Now the question is; how would losing a major client such as Apple affect Samsung's overall direction? I'm pretty sure their future direction now is somewhat shaky to the least.

Clearly, only time will tell.

The Great Hiatus

"We will return shortly ... maybe after 2 months"



... Yeah. Procrastination and pretending to be busy at work was probably the reason.

Getting back;,here are two interesting stories.

So it seems like there's a growing number of Chinese Companies defaulting on their contracts; why you cunning bastards. Can't blame them since there's their economy has been going downhill since last year. Now that demand on their side is weakening the whole world is in panic mode; affecting countries like Australia. Could this mark the downfall of China's economy - therefore the world? Fuck no. I'm pretty sure its temporary. I had a good chat with a newly made acquaintance who thinks that the China's economy isn't really slowing down; the Chinese government is artificially cooling (with the relevant policies) the economy to make sure they don't grow 12" inches too long or to a point where inflation comes on their faces harder than a brick wall. In his words; Effective first, then Effeciency. So I guess the government is making tweaks to make sure growth is stable in the long run; hell any GDP growth of <5% should be better than any of the already developed countries.

On another note, I recall reading an article on South Korea being pressured to halt their imports of oil from Iran; although America agreed to allow them to continue all non-oil related transactions, EU is starting to throw a fit and rejected any exemption appeals by the Korean government. Not a big fucking deal to me anyway but I was drawed towards this particular line in one of the articles;

European insurers have a monopoly on shipping insurance, so it will be extremely difficult to find replacements

How come they have monopoly over shipping insurance; in particular, for Oil Shipments? I think that is a huge fucking question that needs to be answered; I'm demanding it to be answered. Could it be because of the fact that they have been in the industry so long? Is it because only they have the capital for it? I doubt it. This is definitely something worthwhile doing a bit more research on.

Feels good to be writting again.