Wednesday, September 27, 2006

Brokerage account for foreigners

Only USA citizen and green card holder are allowed to open American brokerage account. However with only one exception-Chinese!

Foreign citizens in Mainland China, Hong Kong, Taiwan are allowed to open an American brokerage account to buy USA stocks. No other foreign citizens even Japanese are allowed. I asked the brokerage firm why. They do not seems to know the answer.

I have not figured out why yet.

However, this abusolutely gives Chinese a great advantage in capitalistic world since most Chinese have strong desire to invest. They are natural born Capitalists as I have shown in previous post about longevity and forward planning.

Thursday, September 21, 2006

Military Parade

Chinese Military Parade at National day in 1999.

Like I said in previous post, submissive or obedient people are the best solders. They would follow the order to death. Trainabilty is depend on obedient personality and IQ. As we often consider most smart dogs like shetland sheep dogs, German shepherds ect are those breeds with best obedient quality.

Best soldiers is not equal to best army. A successful military force is combination of many different factors such as soldiers, generals, weapon technology, supplies ect. The most displined soldiers can not win battle without good weapon and supplies.

Tuesday, September 12, 2006

Asian longevity and psychology

From NPR morning edition, September 12 2006:

The 'Eight Americas'
Dr. Christopher Murray analyzed mortality data between 1982 and 2001 by county, race, gender and income. He found some distinct groupings that he named the "eight Americas:"

Asian-Americans, average per capita income of $21,566, have a life expectancy of 84.9 years.
Northland low-income rural whites, $17,758, 79 years.
Middle America (mostly white), $24,640, 77.9 years.
Low income whites in Appalachia, Mississippi Valley, $16,390, 75 years.
Western American Indians, $10,029, 72.7 years.
Black Middle America, $15,412, 72.9 years.
Southern low-income rural blacks, $10,463, 71.2 years.
High-risk urban blacks, $14,800, 71.1 years.
--The Associated Press

For example, scientists have long thought that the Asian longevity advantage would disappear once immigrant families adopted higher-fat Western diets. Murray's study is the first to closely examine second-generation Asian-Americans, and found their advantage persists.

(This indicate other factors including possible genetic factor here)

If you check CIA world fact data, most countries at top of life expectancy are either Chinese nations or Japan. The international data are consistent with USA domestic data, which futher imply genetic factor.

1 Andorra 83.51 2006 est.
2 Macau 82.19 2006 est.
3 San Marino 81.71 2006 est.
4 Singapore 81.71 2006 est.
5 Hong Kong 81.59 2006 est.
6 Japan 81.25 2006 est.
7 Sweden 80.51 2006 est.
8 Switzerland 80.51 2006 est.
9 Australia 80.50 2006 est.
10 Guernsey 80.42 2006 est.
11 Iceland 80.31 2006 est.

Most East Asian people exhibit strong tendency for future planning like good at saving, investment for future, education ect. Most theses East Asian nations even show higher official foreign reserves which reflect their national psychic of saving for the future.

Such strong tendency for future planning is very likely genetically related to their natural longevity. When people have natural shorter life expectancy, future planning become less important. Instead, living for the day is more relevant.

Who dares to chanllenge conventional view or genius could become anothergenius.