13 April 2009

Riding Out the Tsunami – Part 2 渡過金融海嘯-下卷




The global recession has come upon us and no one is spared. Stock prices around the world, having lost over half of their value since November 2007, have recovered somewhat in the past twelve months. But experts are calling it a “bear market rally” and warn of a calamitous double-dip recession. As the news media continue to stoke recessionary fears, at some point even the most defiant and deterministic among us must yield to the grim economic outlook we face. If this turn of events were God’s way of testing our faith, then by setting off the financial market dominoes at the height of globalization, He sure has succeeded in bringing the rich and the poor, the famous and the unknown, the powerful and the meek all to their knees. Locusts, boils and death of the first-born are so 2000 B.C.!

Whatever our religious beliefs are, each one of us is trying to get through these tough times in our own way. Some choose to stay a little later in the office every night to prove themselves indispensable, while others decide to live under self-imposed house arrest and cut all non-essential spending. But life without an occasional splurge can get a little dull. The truth is, we have been spoiled by decades of continued economic growth, so spoiled that we have forgotten how to have fun without inflicting the sadomasochistic pain of hurting our own wallets. Consumption has become a necessary condition, sometimes even a sufficient condition, for enjoyment. But as my mother always says: the best things in life often cost the least. To prove her right, I am sharing my thoughts on how to have a jolly good time in Hong Kong without breaking the piggy bank. I call it “Jason’s Day of Fun on a Shoestring.”

Start the day in Repulse Bay...


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Read the rest of this article in HONG KONG State of Mind, published by Blacksmith Books, available at major bookstores in in Hong Kong, on Amazon and at Blacksmith Books.




10 comments:

  1. Well-said. Thank you.

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  2. i should try this routine or something like it one of these days. i've been living in hk for almost 4 years now, but i haven't really experienced what hk has to offer beyond its commercial aspects.

    thanks for sharing, jason.

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  3. No worries, Dan. Perhaps I'll run into you in Repulse Bay or MIX!

    Jason

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  4. i shall try this one day as well...

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  5. Try it, Linda. I am working on a new piece about hiking in Hong Kong. I am including tips on how to have a pampering yet affordable picnic. Stay tuned!

    Jason

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  6. Great post, Jason. To get away from the crowds, I usually take the ferry to Lamma Island and find a nice spot on one of the beaches there. It's usually not as crowded as Repulse Bay or Stanley but it's just as nice. After sun bathing and some snacks I tend to hike across the island to the other ferry pier to end the day with some fresh seafood.

    The ferry is a bit more pricy than the 8$ bus ride to Repulse Bay but it's definitely worth the money.

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  7. Dan,

    Thank you for your comments. I like Lamma Island too, rustic and very charming.

    Compared to Stanley, Repulse Bay is not as busy and the beach is far cleaner. You just need to dodge the tourists that come and go in droves. The west end is usually less crowded since it is farther away from the passenger drop-off and the retail stores.

    Jason

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  8. Great pieces! I enjoyed reading both parts. I agree, these days we often forget how to have fun without spending money.

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  9. Great piece of info. Will try it sometime. Thanks!

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  10. Try it and let me know how it goes. I should consider collecting advertising fees from MIX!

    Jason

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