You are a depreciating asset

以上插圖來自 LinkedIn，被德國車廠高層轉發。對中年男人來說，車和女人都是昂貴的玩意，可以用來炫富，明白。 

以下故事來自已經結業的免費刊物 HK Magazine（日期：July 31, 2015），在網上世界廣泛流傳，有不止一個版本，金融從業員也許看過，內容是自稱 iBank CEO 的男人對拜金女擇偶條件的回應。 

Dear Ms X,

I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyze your situation as a professional investor.

My annual income is more than $500K, which meets your requirement, so I hope everyone believes that I’m not wasting time here. From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.

Putting the details aside, what you’re trying to do is an exchange of “beauty” and “money”. Person A provides beauty, and Person B pays for it, fair and square.

However, there’s a deadly problem here: your beauty will fade, but my money will not disappear without any good reason. The fact is my income might increase from year to year, but you won’t be prettier year after year.

Hence from the viewpoint of economics I am an appreciating asset, and you are a depreciating asset, it is not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position”.

If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. In order to make a wise decision any assets with great depreciation value will “leased”.

Anyone with over $500K annual income is not a fool, we would only date you, but will not marry you. I would advise that you forget looking for any clues to marry a rich guy.

Hope this reply helps.

Signed,

iBank CEO

Auntie 的評論：這篇英語短文運用了一個會計學概念：貶值速度快的資產 (Asset) 只適合短期租用 (Lease) 而非長期持有 (Hold)。作者從男人的角度出發，貶低女人，行文偏頗，有爭議的餘地。

首先，女人的衰老速度比男人快，越是漂亮的女人保養費用越高，是真的。但是女人有化妝品可以稍為掩飾一下，男人除非從事娛樂（或色情）事業，否則不會日日化妝（偽娘咩？），所以老態容易顯露，又或者因為生病或各種打擊一下子變老，所以做男人未必有著數（相對於做女人而言）。那些男人越老越有味道但女人越老越不值錢的言論，是用來貶低女人的，小妹妹不要中計。得罪講句，環顧四周，老得優雅的男人並不多。做過電影編劇的男人這樣說：「中年男人再婚，最好不要超過 50 歲，否則鏡頭下的結婚照似父親嫁女多一點。」這才是真話！華人社會的客觀現實，是中佬再婚通常是父女戀甚至爺孫戀，在無情的鏡頭下，變成一樹梨花壓海棠。男士們，明白未？慘就慘在家陣偉大祖國禁「偽娘」，連男藝人都不可以靠化妝品吸客推高瀏覽量做代言人賺廣告費，問你死未？

其次，因為醫學進步，不少女人去到四、五十歲依然保養良好，她們的人生並非在 35 歲結束（原因：女人過了 35 歲生育能力會下降）。中文傳媒迫女人結婚生育，背後牽涉政治任務和商業利益，請參考這個博客內的另一篇文章＜衍生需求＞（日期：2011 年 9 月 19 日）。除非閣下是尋找生育機器的男人，否則選老婆沒有必要限定 35 歲以下。華人社會，思想傳統的男人多，他們視女人為洩慾工具和生育機器，也喜歡（透過公開渠道）發表貶低女人的言論，請參考這個博客內的另一篇文章＜笨男人＞（日期：2018 年 10 月 26 日）。如果閣下是好色老翁，只會選擇二十來歲甚至十來歲的小妹妹，Auntie 不適合你，請回。

第三，金融業打工仔的薪水並非只升不跌。這個行業本質上缺乏穩定，弱小心靈不宜。如果閣下是中層或高層的男性金融從業員，遇上金融地震海嘯風暴，然後被裁員加入失業大軍，之後未必可以重操故業。閣下（有學歷的中年男人）的出路是轉行、創業或移民。如果是外國人，很大機會離開香港，轉戰另一個亞洲城市（例如：上海或新加坡），又或者返祖家（例如：英國、美國），也有人轉入大學教書（全職或兼職）。這種故事，我聽得多。如果拜金女想尋找長期飯票，金融才俊未必是最佳選擇，要穩定不如選高級公務員或專業人士。但是今日香港連這條路也開始行不通了，原因是公務員隊伍開始換血，專業人士例如醫生、律師和會計師也相繼被整頓，日後未必有穩定收入。

結論：通殺！

拜金男女懂得計算也沒用，因為敵不過當權者的鐵拳。

延伸閱讀／參考資料：

Investopedia - Depreciation

https://www.investopedia.com/terms/d/depreciation.asp

Definition: The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used. Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use. Not accounting for depreciation can greatly affect a company's profits. Companies can also depreciate long-term assets for both tax and accounting purposes.

Key points:

• Depreciation ties the cost of using a tangible asset with the benefit gained over its useful life.
• There are many types of depreciation, including straight-line and various forms of accelerated depreciation.
• Accumulated depreciation refers to the sum of all depreciation recorded on an asset to a specific date.
• The carrying value of an asset on the balance sheet is its historical cost minus all accumulated depreciation.
• The carrying value of an asset after all depreciation has been taken is referred to as its salvage value.

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2018 年 10 月 26 日

https://xiaoshousha.blogspot.com/2018/10/blog-post_26.html

節錄：只有笨男人，才會透過公開渠道，教導女人如何做人。在華人社會的吹水界（即：官場＋大學＋傳媒），這種笨男人很常見，他們透過動機複雜的中文傳媒，對女人說三道四、指指點點，鬧出笑話或公關災難，卻渾然不覺，甚至自得其樂，又或者死撐到底。這種笨男人其實是找死或自設陷阱。原因？1. 女人的世界你懂得幾多？2. 閣下用甚麼身份跟女人說話？

心理測驗

2018 年 2 月 9 日

http://xiaoshousha.blogspot.hk/2018/02/blog-post_9.html

節錄：如果你是男生，看中了某位女生，雙方只是普通朋友關係，她會跟你一起吃飯或喝咖啡聊天，但是認識不深，又或者正處於曖昧階段，你想知道自己有沒有機會，可以讓她看這幅插圖，然後逐個 Case 問對方是否同意。如果你夠膽，直接問她喜歡那種男人（請她提供號碼）也可以。正常情況，女人看見這幅圖，應該會笑。

請你食檸檬

2017 年 7 月 28 日

http://xiaoshousha.blogspot.hk/2017/07/blog-post_28.html

節錄：女人對付她討厭的男人，常用的招數離不開：1. 裝作看不見對方，當男人透明。2. 黑臉或無表情，避免眼神接觸。3. 不回答對方的問題或訊息。4. 同行的時候，把大型手袋或購物袋掛在自己的臂彎，阻止男人接近。5. 如果男人走近或開聲，女人會轉身背向男人，或立即起身離開。6. 講一些很難聽的話，直接踐踏男人的自尊。7. 向男人提出不合理的要求。

車仔麵精神

2011 年 1 月 14 日

http://xiaoshousha.blogspot.hk/2011/01/blog-post_14.html

節錄：車仔麵精神在於不浪費，Mix & Match，貧富兼容，有些女孩子會應用於感情生活上。既然找不到集齊「潘驢鄧小閒」五種美德的男人，又不想從此退出情場，她們決定從不同的男人的身上收集不同的特質，用自行配搭、七拼八湊的方式，為自己度身訂做她想要的感情生活。

中年盤點（三）

2016 年 6 月 24 日

http://xiaoshousha.blogspot.hk/2016/06/blog-post_24.html

節錄：利用男人（收兵），是女人反抗父權社會的方式（例子：武則天）。從這個角度看，大陸女人是強者。以下是大陸女生的心聲（來自網上留言）：「男人長得慢，但是卻死得早；女人成熟得快，但是青春有限。要在男人有限的清醒時間之內，把他們從茫茫人海中拖拉出來，然後調教成當老公的材料，真是想起都悲從中來。」

26/10/2021

 

 

 

 

 

Pandora Papers

ICIJ links for readers interested in offshore finance:

ICIJ - PANDORA PAPERS

The largest investigation in journalism history exposes a shadow financial system that benefits the world’s most rich and powerful.

https://www.icij.org/investigations/pandora-papers/

Summary: ICIJ obtained more than 11.9 million financial records, containing 2.94 terabytes of confidential information from 14 offshore service providers, enterprises that set up and manage shell companies and trusts in tax havens around the globe. ICIJ shared the files with 150 media partners, launching the broadest collaboration in journalism history. For nearly two years, ICIJ organized and led an investigation that grew to encompass more than 600 journalists in 117 countries and territories. The secret documents expose offshore dealings of the King of Jordan, the presidents of Ukraine, Kenya and Ecuador, the prime minister of the Czech Republic and former British Prime Minister Tony Blair. The files also detail financial activities of Russian President Vladimir Putin’s “unofficial minister of propaganda” and more than 130 billionaires from Russia, the United States, Turkey and other nations. Ambassadors, mayors and ministers, presidential advisers, generals and a central bank governor appear in the files.

Pandora Papers: An offshore data tsunami

The Pandora Papers’s 11.9 million records arrived from 14 different offshore services firms in a jumble of files and formats – even ink-on-paper – presenting a massive data-management challenge

By Emilia Díaz-Struck, Delphine Reuter, Agustin Armendariz, Jelena Cosic, Jesús Escudero, Miguel Fiandor Gutiérrez, Mago Torres, Karrie Kehoe, Margot Williams, Denise Hassanzade Ajiri and Sean McGoey

October 3, 2021

https://www.icij.org/investigations/pandora-papers/about-pandora-papers-leak-dataset/

Offshore havens and hidden riches of world leaders and billionaires exposed in unprecedented leak.

The Pandora Papers reveal the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else.

https://www.icij.org/investigations/pandora-papers/global-investigation-tax-havens-offshore/

The power players

The trove of more than 11.9 million confidential files shows how presidents, prime ministers, royals, elected officials — and some of their family members and closest associates — stash assets in a covert financial system with the help of firms who establish companies in secrecy jurisdictions. Explore the biggest political names uncovered in the data.

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Hong Kong

Former Chief Executive

Tung Chee-hwa

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Extract: Tung’s billionaire brother, Chee-chen, was Orient Overseas’ chairman and CEO. In 2018, the Tungs sold their stake to COSCO, a Chinese state-owned shipping firm. In 2017, the Tung brothers bought Rockington Ltd., a company registered in the British Virgin Islands, to open a bank account holding for $1 million in “liquid funds,” according to leaked files. The application form noted Tung Chee-hwa’s political position. The company is one of nearly 30 offshore companies that the Tungs have registered in jurisdictions such as the BVI and Nevis, another Caribbean island. Some of those companies were created for the shipping business, according to an ICIJ review of leaked files and Orient Overseas company records. Both Tung Chee-hwa and Tung Chee-chen did not respond to ICIJ’s repeated requests for comment.

Hong Kong

Former Chief Executive

CY Leung

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Extract: Leaked records show that Leung used shell companies to own shares in EuroAsia Properties, a DTZ subsidiary operating in Japan. The records show that in late 2015, one of those shell companies transferred its stake in EuroAsia Properties, valued at $302,500, to DTZ. The transfer occurred while Leung was under investigation by the anti-corruption agency. It is not clear whether he was compensated for disposing of the shares. In April 2017, while still Hong Kong’s top leader, Leung was listed as the owner of two British Virgin Islands companies, Wintrack Worldwide and Ace Link Property Ltd., the company that had held the stake in EuroAsia Properties. According to BVI registry documents, both companies were still active in November 2020. Leung didn’t respond to ICIJ’s repeated requests for comment.

China

Delegate, Henan province

Qiya Feng

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Russia

President Vladimir Putin's inner circle

Gennady Timchenko

Oil magnate

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Russia

President Vladimir Putin's inner circle

Konstantin Ernst

CEO of Channel One Russia

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Putin image-maker’s role in billion-dollar cinema deal hidden offshore

Leaked documents reveal Konstantin Ernst’s secret stake in massive, state-funded privatization deal.

By Margot Gibbs, Kathryn Kranhold and Jelena Cosic

October 3, 2021

https://www.icij.org/investigations/pandora-papers/vladimir-putin-konstantin-ernst-russia-tv-offshore/

Great Britain

Former Prime Minister

Tony Blair

https://www.icij.org/investigations/pandora-papers/power-players/?utm_source=ICIJ&utm_campaign=8ce10323e7-20211003_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-8ce10323e7-83386730

Governments vow investigations within hours of Pandora Papers revelations

As the first wave of stories on a massive leak detailing the financial secrets of the global elite and enablers of a shadow economy is published, reactions roll in around the world.

By Spencer Woodman and Brenda Medina

October 4, 2021

https://www.icij.org/investigations/pandora-papers/governments-vow-investigations-within-hours-of-pandora-papers-revelations/?utm_source=ICIJ&utm_campaign=5f0763053c-20211004_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-5f0763053c-83386730

Suspect foreign money flows into booming American tax havens on promise of eternal secrecy

Confidential documents lay bare the inner workings of U.S. trust industry that serves global leaders and the super rich.

By Will Fitzgibbon, Salwan Georges and Debbie Cenziper

October 4, 2021

https://www.icij.org/investigations/pandora-papers/us-trusts-offshore-south-dakota-tax-havens/?utm_source=ICIJ&utm_campaign=5f0763053c-20211004_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-5f0763053c-83386730

How America’s biggest law firm drives global wealth into tax havens

Baker McKenzie has been a pioneer in corporate tax dodging. It now acts for notorious tycoons, arms makers and authoritarian regimes operating in the shadow economy.

By Sydney P. Freedberg, Agustin Armendariz and Jesús Escudero

October 4, 2021

https://www.icij.org/investigations/pandora-papers/baker-mckenzie-global-law-firm-offshore-tax-dodging/?utm_source=ICIJ&utm_campaign=5f0763053c-20211004_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-5f0763053c-83386730

Extract: Although internal Baker McKenzie records are not among the leaked files, the firm is mentioned in more than 7,500 documents, far more than any other big U.S. law firm. Many of the documents mentioning Baker McKenzie come from three offshore providers to which the firm or its clients delegated work: Trident Trust, with offices in the British Virgin Islands; Alemán, Cordero, Galindo & Lee (Alcogal), a law firm based in Panama and Asiaciti Trust, based in Singapore.

HONG KONG: Confecting a city of secrets. Hong Kong is a city of traders and shippers that has repeatedly transformed itself, expanding from shipping to manufacturing after World War II and then reinventing itself again. With the U.K.’s Caribbean dependencies already flourishing as tax havens in the 1970s, Hong Kong, on the other side of the offshore map, blossomed into Asia’s premier tax and secrecy haven. Also under the U.K.’s guiding hand, the island was shifting from trading to banking, from colonnades to shining towers, a playground for Wall Street and the wealthy that never allowed sentiment to stand in the way of profit. Enter Baker McKenzie. Its move onto the island in 1974 coincided with Hong Kong’s metamorphosis and paved the way for the firm to benefit later from China’s emergence as a global power. Through innovation, local alliances and lobbying, Baker McKenzie helped transform Hong Kong into a global financial hub, famous for low taxes, high secrecy and minimal rules. Milton Cheng, Baker McKenzie’s global chairman, based in Hong Kong, declined an interview. The firm declined to comment about client matters, citing “confidentiality obligations and legal privilege.”

Frequently asked questions about the Pandora Papers and ICIJ

https://www.icij.org/investigations/pandora-papers/frequently-asked-questions-about-the-pandora-papers-and-icij/?utm_source=ICIJ&utm_campaign=f59b016ba7-20211020_WeeklyEmail&utm_medium=email&utm_term=0_992ecfdbb2-f59b016ba7-83386730&ct=t

Extract: Is ICIJ an arm of the American government? Do funders like George Soros influence ICIJ’s reporting? ICIJ is not funded by, or affiliated with, the U.S. government. Our work is funded strictly through grants and generous donations. Donors support ICIJ’s general operations, technology and tools and investigative projects. ICIJ maintains a strict firewall between our editorial judgement and fundraising. The Open Society Foundations, founded by financier George Soros, donates generously to ICIJ but his contribution is a fraction of our overall budget. All editorial decisions are made independently, and no donor or institution influences ICIJ’s coverage.

Further readings: 

Let the light in: why the Guardian is publishing the Pandora papers

Leaks raise questions about the balance between confidentiality, privacy and the public interest

Paul Lewis

The Guardian (3 Oct 2021) 

https://amp-theguardian-com.cdn.ampproject.org/c/s/amp.theguardian.com/news/2021/oct/03/let-the-light-in-why-the-guardian-is-publishing-the-pandora-papers

Extract: What exactly is in the Pandora papers? Why did the Guardian decide to explore the leaked data? And how did we decide what to publish?

In terms of volume, this is the largest trove of leaked offshore data in history. It comes from offshore service providers operating in Anguilla, Belize, Singapore, Switzerland, Panama, Barbados, Cyprus, Dubai, the Bahamas, the British Virgin Islands, Seychelles and Vietnam.

The files were leaked to the International Consortium of Investigative Journalists (ICIJ), which is not identifying its source. The ICIJ gave 600 journalists around the world remote access to the leaked data to facilitate the largest journalistic collaboration in history. They include reporters from the Guardian, BBC, Le Monde and Washington Post.

Mining a leak of this size is a huge and complex task. It includes banking records, incorporation documents, correspondence and records showing the true ownership of shell companies. The 6.4m documents and 1.2m emails in the trove are written in English, Spanish, Mandarin, Korean, Russian and Greek.

The Pandora papers follow in the footsteps of two previous seismic leaks facilitated by the ICIJ. The Panama and Paradise papers, in 2016 and 2017, prompted global debates about the ethics of offshore finance and helped bring about some genuine reforms in places such as the British Virgin Islands.

Massive Leak Exposes the Hidden Fortunes of World’s Elite and Crooks

Credit: James O’Brien/OCCRP

October 3, 2021

https://www.occrp.org/en/the-pandora-papers/massive-leak-exposes-the-hidden-fortunes-of-worlds-elite-and-crooks

Extract: The files illustrate the truly global nature of the offshore business. It’s a hidden world in which a reported secret mistress of Russian President Vladimir Putin can get a luxury apartment in Monaco via an offshore shell company, and where the King of Jordan is able to secretly snap up real estate in London and Malibu. Again and again, the files show the ease with which money can be quietly moved around the world — including by politicians and others in positions of public trust.

From missing taxes to stolen artworks and smuggled antiquities, the Pandora Papers lays bare exactly how the offshore industry hides the fortunes of the world’s rich and infamous alike. In many cases, it has also facilitated the transfer of vast wealth from poor and developing countries to tax havens and wealthy enclaves in cities like London, where fashionable central areas have been gobbled up by politicians, officials, and their relatives. Trillions of dollars, mostly from the earnings of large corporations are believed to be stashed in offshore tax havens. Each year, tax avoidance alone is estimated to cost the world’s poorest countries $200 billion a year — far in excess of what they receive in development assistance. The vast, secret flow of offshore cash isn’t just hurting the budget bottom line. Across the world, it’s also feeding discontent and undermining governments’ legitimacy.

ICIJ 曝多國政要隱匿資產！

香港前特首董建華家族涉 72 境外公司

（台灣）自由財經 2021/10/04 

https://ec.ltn.com.tw/article/breakingnews/3692261

節錄：國際調查記者聯盟（ICIJ）3 日公布調查報告，指多位政府領導人與國家元首，在境外的避稅天堂隱匿為數可觀資產，這份名為「潘朵拉文件」（Pandora Papers）的調查報告披露的人員包含 336 位高層政要和官員，其中中國全國政協副主席董建華家族涉及 72 間境外公司。《法廣》報導則指出，身為香港前特首、中國全國政協副主席的董建華及其家族成員，也涉及至少 72 間境外公司，其中董建華本人擁有當中 7 間境外公司，董建華胞弟董建成也涉及透過 4 間境外公司持有銀行帳戶，並以另外兩間持有山頂及淺水灣的兩處豪宅。董建華的幼子董立新也有透過一間境外公司開設銀行帳戶。同樣有參與調查的港媒《立場新聞》報導則指出，董建華及其家族成員，包括其妻子董趙洪娉、長子董立均、幼子董立新、胞弟董建成、胞妹彭董小萍、侄女周董立茂及金昌玲等，於 1999 年至 2019 年分別為至少 72 間離岸公司的股東或董事。洩密文件顯示，董建華以個人或公司名義持有當中 7 間離岸公司的全部或部分股權。

潘朵拉文件揭隱匿資產

梁振英任特首時秘密賣股獲 754 萬台幣（20 萬英鎊）

（台灣）自由財經 2021/10/04

https://ec.ltn.com.tw/article/breakingnews/3692322

節錄：國際調查記者聯盟（ICIJ）3 日公布 600 多名國際記者合作的調查報告，揭露多位正要在境外隱匿可觀資產，參與調查的港媒消息指出，香港前特首梁振英也曾透過境外公司，迂迴持有境外公司股權，在其擔任特首期間，更曾出售一份股權並獲益 20 萬英鎊（約 754 萬台幣）。根據同樣有參與調查的港媒《立場新聞》報導指出，中國全國政協副主席梁振英昔日在擔任香港特首期間，曾以以信託形式持有戴德梁行外國分公司的 3 成股權，在 2015 年 12 月、梁振英還在擔任特首期間，該批股份被以 20 萬英鎊（約 754 萬台幣）出售。不過翻查行政會議利益申報，梁從未申報持有該公司股權、也沒有申報在任特首期間出售股權，因此外界無從得知他賣股獲益。

報導指出，當時負責賣出股份的是「Ace Link Property Limited」，是梁振英間接持有的境外公司，代表簽署的則是「LAM KWOK WING」。根據調查，林國榮會計師行的負責人林國榮，是梁振英的中學同窗，在該公司的公開文件中的英文姓名及簽名，與股權轉讓書的英文姓名相同，簽名也相似。報導提到，除了「Ace Link Property Limited」，梁振英也與「Wintrack Worldwide Ltd」及「 EuroAsia Properties Limited」這兩間境外公司有關，其中「Wintrack Worldwide Ltd」梁持有 99.9%股權，另外兩間則是全資持有。《立場新聞》為此分別詢問梁振英及林國榮，包含梁振英事前是否知悉出售股權一事、梁是否指示林賣股權等問題，不過到報導截稿前並未接獲回覆。國際調查記者聯盟於 9 月間詢問也曾詢問梁，一樣未獲回覆。

相關的文章： 

Kleptocracy（盜賊統治）

2021年8月20日

https://xiaoshousha.blogspot.com/2021/08/kleptocracy.html

節錄：盜賊統治 (Kleptocracy) 跟洗黑錢活動關係密切，有如連體嬰，或錢幣的兩面。Kleptocrats 是指貪污腐敗的當權者（竊國者），這個詞經常在英語傳媒對於洗黑錢活動的調查報導中出現。金錢無國界，竊國者透過離岸公司及複雜的股權結構，把不義之財轉移至對資產提供較佳保障的西方國家，然後隱藏起來。竊國者要保護自己的權力以及家族利益，必定會全力摧毀本國的法治及設法打壓公民社會，同一時間卻享受著西方國家所提供的法律保障，卑鄙無恥，對不對？

隱身術

2019 年 9 月 27 日

https://xiaoshousha.blogspot.com/2019/09/blog-post_27.html

節錄：早於 2018 年初中美貿易戰爆發之前，紅色資本的海外併購活動已經遇到困難。西方國家基於國家安全考慮，對中資說不（提示：倫敦交易所），又或者設置障礙。中資的回應方式，是動用港人、台商、南洋華僑甚至親共洋人 (Panda Hugger) 當人頭或 Frontman，讓大股東可以退居幕後。

諜影

2016 年 4 月 22 日

http://xiaoshousha.blogspot.hk/2016/04/blog-post_22.html

節錄：根據 Washington Post 的報導，負責分析文件的國際調查記者聯盟 (The International Consortium of Investigative Journalists, ICIJ) 背後的美國公共誠信中心 (Center for Public Integrity)，金主是國際大鱷索羅斯 (George Soros)。他較早前表示會「沽空亞洲貨幣」，令偉大祖國非常緊張，官媒輪流開炮。索羅斯戰績彪炳，利用在金融市場賺來的錢，資助共產黨的對頭人。中國和俄羅斯的領導人首當其衝，被爆陰毒，理所當然。

Revised 24/10/2021