Splash Business Group Pty Ltd

Archive 2016-2018 (2)

 

Cautions   

Post 2016  The most obvious caution will be that of dealing directly with China and paying for goods and services, as recessions bring about many accidental thieves and organized corruption increases. Smart business will return to the use of Letters of Credit to protect investments from failure.  

The Chinese as matter of desperation have already begun measures to market directly to global consumers. This will obviously cut out many of their former importing customers.  

2017 Update:  As predicted, major corruption has been exposed around shipping, internet hacking scams, telemarketing scams and drug busts pulling in fraudsters right across the Pacific.  But its not just China - its the new $350 Billion Drug Industry who are identifying key industries to clean their money. 

There has been a big buy up of businesses in Malaysia, Australia and Papua New Guinea to deal direct and this likely cuts out the people who gave them the ideas and technology.

We should not be so annoyed with this as Europeans (including UK, America & Australia) have done this for thousands of years, the astonishing financial control that comes out of the UK and Europe is only now exceeded by the Global Drug Industry and Chinas manufacturing coup.   We should now nip this in the bud, because if we don't, we will be flooded.

We have allowed ourselves to lower standard of many goods and services, we have turned our back on th ethics and safety we fought so hard for in the past : e.g. Student Drive Car alternative to Taxis.

Vehicle safety is not part of the deal when you use Uber or Grab in Asia, and the whole industry has been comprised so that even the taxis are substandard. Construction Industry Horrors. Another industry we have turned our back on .. e.g. Building materials containing Asbestos or high combustibility snuck into our country and have been installed without checking safety, they even managed to import drugs using corrupt shipping firms.