Miscellaneous News

[Randomuser]

Like I said before CEOs are just well paid managers and not the true power behind the scenes.

As someone who wastes too much time going through wikipedia articles about companies, especially finance ones, I have come to realize CEOs are easily disposable and there's not too much point in remembering who they are because in say 4 years they will be gone when the board of directors or shareholders don't like them. Investment firms especially those activist ones have made CEOs their biatch and if the CEO pisses them off, they can just replace him with another guy. Basically a puppet king.

That's why it only matters if that CEO is also the founder or the main owner. The other CEOs are faceless guys who can be easily swapped. Do you know who the CEOs of master card were from 2000 to 2010 without looking it up?

Indians have gotten too cocky lately. Failing to realize their power can be easily taken away.

 

[gelgoog]

China bad because it is punishing bribery and tax evasion.

If true those Chinese billionaires are really dumb. Just ask the Russian billionaires how well they did by taking their money out of Russia.
I think the Chinese government would do better by doing like Russia did at one point. They did a tax amnesty for people who came clean and paid overdue taxes.

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At least this way you can get some of the money back.

 

[tamsen_ikard]

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Wealthy can use their wealth to hire people to break the law and tutor and thus the system is rigged. Maybe compare with the west to see if the system is less rigged or not. No amount of wealth can raise your kids Gaokao scores, if your rich kid doesn't want to study. They spend money to learn more isn't much of a big deal. I am sure lots of free education resources are probably out there online for all the students too.

 

[Sardaukar20]

Starbucks' former Indian CEO cared more about his work life balance than the shareholder's bottom line. He must have thought that he is white.

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Narasimhan said he finished his work by 6 pm, adding that if anyone got a minute of his time after 6 pm, they "better be sure that it's important".

Rule #1 when working in a Western company. Only white people are allowed to talk about "work life balance". If you're not white, you're expected to pick up the slack to keep the company profitable. There is a specific reason why they hire coloured people. This Indian CEO must have thought that he also enjoys white privileges, because he is Indian, and a CEO. LoL!

LoL! Another set back to the Akhand Bharat project. Starbucks is not replacing it's former Indian CEO with another Indian CEO.

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SEATTLE – Starbucks (NASDAQ: SBUX) today announced that Brian Niccol has been appointed chairman and chief executive officer. Niccol will start in his new role on September 9, 2024.

 

[Sardaukar20]

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Wealthy can use their wealth to hire people to break the law and tutor and thus the system is rigged. Maybe compare with the west to see if the system is less rigged or not. No amount of wealth can raise your kids Gaokao scores, if your rich kid doesn't want to study. They spend money to learn more isn't much of a big deal. I am sure lots of free education resources are probably out there online for all the students too.

That was one of the reasons why China cracked down on private tutoring. They don't desire people to throw cash at education, and they want to punish people who profiteer from education.

In Chinese families, education results are extremely competitive. This is actually a positive cultural trait, as it pushes their children to excel in their studies. But if not controlled, could make them supseptible to throwing money at people who could offer their children a leg up over others. Thus, like everything, it has to be kept in balance. Competition is good, but avoid unhealthy competition.The trick is trying find the balance. You want the smartest students to excel, but you also want to give the less successful students their own paths to success too.

China must avoid the current woke mentality in the West where everyone is a "winner". And definitely must avoid the Jai Hind mentality in India where every talker is a "winner". That will create a culture of mediocrity. A culture where an idiot has the same worth as a scholar. A culture where unqualified people are allowed to be appointed in important positions.

 

[Sardaukar20]

Cow urine may be organic but it’s far from being healthier than Starbucks

It actually is. According to the Indian scholars (ahem... Jai Hinds) who wrote this "scientific" journal:

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The ancient scriptures of ayurveda consider cow urine to be the elixir of life.

Cow urine is excellent bioenhancer and recently Cow urine distillate has been granted U.S. patents.

It is the most effective natural remedy and the safest method of treatment on nature based.

The Jai Hinds certainly swear on its powerful health benefits. Comparing it to coffee and tea.

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[Deleted member 27830]

Cow urine may be organic but it’s far from being healthier than Starbucks

Racist and disgusting.

 

[Bellum_Romanum]

https://twitter.com/i/web/status/1823605644424864165

 

[Xiongmao]

China bad because it is punishing bribery and tax evasion.

View attachment 134264

I think the actual number of millionaires who have emigrated out of China is of the order of 15,000 I seemed to remember reading. Which is about 0.15% of all millionaires in China if true. This is not a real problem.

 

[Xiongmao]

https://twitter.com/i/web/status/1823605644424864165

China should change the data security to law to state that ANY documents owned by a Chinese company must first seek approval from the public security ministry before being handed over, not just potential state secrets. The approval would come of course in 100 years time in actuality.