Wednesday, October 9, 2013

Price hike...


After my visit to Hong Kong, I began to think about the price hike matter…
The locals have protested, shouted and done a lot of activities to express their feeling regarding the increment of gasoline and electricity over the past 1 year. The increment had led a price hike throughout the market. The average salary and entry salary had however dropped and the local people had, under the influence of opposition party and media, expressed their disapproval and the govt. supporting number had fallen to a recorded low..
The rich become richer, the poor had a very slim chance to flip over. The rich by buying and selling real estate gained without labor but the middle class worked like cow and hardly could afford a house. A very sad situation.....
Well, I think the govt. is on the right track allowing everything to return to the grip of freedom market to guide. I am lucky that I am not affected by the current situation…..

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