MCA's EGM results out at this evening. The results not 100% surprise but there is hard for MCA politic road in the future. In equity market, you also can find some corporate like MCA organisation. The structure same and the system also same.
They been good in the past but slowly kick off by market. Why? In my own opinion, Eastern countries block by traditional. We are not searching the capable and skill people to receive the wealth and skill. Since we born, We are learn to save all good things for next generation. So, finally althought the next generation is stupid or unskill. The assests been confirm belongs to them.
The culture brings us step in the same place. We can't move further. So, in the shares market. you have been see so many bankruptcy case. That is not unusual, that is normal.
Why so one need such power because his next generation going to unemployed. Why he do not know one day you will say goodbye to this world? Actually he is aware but worry someone take away his assests by way of his losing the current power.
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