As reality bites, what happened over the last few months really seems like a form of mass hysteria
Published:
April 11, 2013 at 9:07pm
The more I see, read and hear, the less I’m able to understand how Muscat could get away with so many lies.
Maybe it’s because people don’t see, read and hear anything outside their own tiny circle of interest.
If at all…
Read this, quoted from the link you’ll find below:
Only six countries – including Canada — have been crisis-free and at the same time have banking systems that provide abundant credit. Three of these – Singapore, Malta and Hong Kong – are small, island-bound city-states where the homogeneity of the population makes it politically difficult to create losers. The other three – Canada, Australia and New Zealand – all share histories of liberal democracy.
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http://dealbreaker.com/2013/04/everything-would-be-perfect-if-we-were-more-like-canada/
The other three – not Malta – share histories of liberal democracy.
There’s your explanation.
Singapore and Honk Kong share histories of dictatorship – de facto or de jure, and the other three share histories of liberal democracy. Malta, meanwhile, pretends to be the latter but wishes it were the former.
Daphne, please use this as Quote of the Century. This is f*ckin’ brilliant.
“Singapore and Hong Kong share histories of dictatorship – de facto or de jure, and Canada, Australia and New Zealand share histories of liberal democracy. Malta, meanwhile, pretends to be the latter but really wishes it were the former.”
THIS IS PURE, UNADULTERATED GENIUS.
HONK Kong? You’re letting your standards slip.
Mintoff thought he could emulate Singapore, seeing as we’re the same age and had a sort or similar history.
He succeeded, but only in the wrong bits.
When I’m tired and emotional, my touch-typing skills go haywire.
That Singapore story makes my blood boil. Even today, the standard line from political players in the Nationalist Party – the Nationalists, mind – is that we owe our economic success story to the Singapore model.
Singapore turned Changi prison into an airport. Is that what you mean?
Singapore is a dictatorship under the guise of a democracy, with Chinese slave labour to boot. That appears to appeal to many of Malta’s intellectuals. Lovely, isn’t it? What fine policy-makers. I’m so proud of my fellow countrymen.
That’s the road we’re taking. The DID say they had a roadmap, didn’t they? So that’s it, then. We’re sorted.
Make that CUNTrymen. They voted for him, didn’t they?
Why have I had, over the past four weeks, a feeling of foreboding that things are about to go seriously wrong.
It must have been something you’ve eaten.
They are. Mark my words, when electricity rates go up, for they will if production is privatised, Malta’s labour costs will shoot up. Meanwhile, salaries will have remained constant. That’s when ST Microelectronics will call time on the whole charade, lay off its employees, and shut down for good. With 50% of our exports gone, the trade imbalance will explode, economic growth will reverse and Malta will be begging for a handout.
But it will have left the EU by then, so there’ll be no one to bail us out.
A plausible economic scenario, my friend.
However, I sense something much more sinister. I fear the infantile electors have unknowingly created a very powerful regime that will disregard all democratic precepts, impose a totalitarian state (already begun) and trample all rights.
I said I’m not a betting man, but I’ll wager the next chip to fall will be ST Microelectronics.
What do you mean, ‘will’, Harry? The future’s here already. They’ve already disregarded whatever democratic precepts they could, except for the bits that served them well by getting them into power.
There are a number of signs that the only way is down (with) Labour.
Economic woes will start as soon as the land reclamation and gas projects take off the ground.
The projects are underestimated in terms of cost and overestimated in terms of utility bill reduction. Land reclamation may cause serious problems to real estate prices.
Sorry for being so “negative.”
Kevin why apologise? unfortunately I am waiting for the biting reality to materialise. Moreover I will be looking for the comments of those who would still be defending this downfall, saying “ghax hekk hemm bzonn”.
I have a feeling that BOV will be nationalized again. It will be done in the form of recapitalization, where the current private shareholders will become minority shareholders.
At that point, the shareholders will have no say how the bank is managed. The GWU is slowly preparing for this scenario.
Slowly? They’ve been rather quick off the mark, I’d say.
The pity is that you are all realists like myself, and can see the writing on the wall. Whilst others are in lala land.
I don’t concur entirely with that conclusion. For one, Singapore’s population is anything but homogeneous. And if liberal democracy is a measure of success, there should be other countries with Canada, Australia and New Zealand. I think what these last three have in common, apart from their histories and culture, is that they are three technically small states with small populations sitting on vast territories chockablock with mineral wealth.