As for chess, when it first entered the thread I took it purely as metaphor, but I think it's a valuable one
I may have taken an earlier remark of yours the wrong way. Sorry if that was the case.
I suspect chess and similar games were invented precisely to teach kids the kind of strategic thinking they’d need for careers in government and/or the military.
My chess game has improved quite a bit since I started attempting to apply military tactical thinking to it, for what that's worth (I'm still rubbish, however).
No worries. I could've been clearer about what I meant.
Back in NZ, I think Key's lack of strategic smarts is starting to show, and that gives me hope he'll be out of the picture soon-ish. The big question is who comes next.
I'm hoping at least one bloody journalist will push Key on whether he intends to see out the entire term if re-elected. I highly doubt it and it is only fair* for him to let us know who he sees as replacing him.
*this part could be difficult for the slimy prick to achieve.
I'm hoping at least one bloody journalist will push Key on whether he intends to see out the entire term if re-elected.
Yet another example of the "same-same" line being arrant nonsense. When Clark was PM she was asked this question by media constantly. One David Farrar blogged about it ("people have right to know" etc), and the blogging and the asking were not coincidental.
And it's a perfectly fair question, of any long-serving Prime Minister. Especially when we're being asked to vote TeamKey, who aren't even on the ballot paper.
But asking the question now - and wanting an answer - would be an act of lese-majeste, or a smear campaign, or something.
Interesting to note that National's Alastair Scott has a similar background to Key:
"In 1994 I transferred to Tokyo and joined the global executive committee of Credit Suisse Financial Products, where I was responsible for the risk management of all derivative products in the Asian time zone."
he was there until 1997
and also interesting to note that:
"In 1999 Japan's Financial Supervisory Agency temporarily suspended the (Credit Suisse) financial-products division's license to operate in Japan for "window dressing," the practice of selling derivatives that are often used by bank clients to hide losses."
Sounds like the seeds he plants grow bitter fruit....
where I was responsible for the risk management of all derivative products in the Asian time zone.”
But that just doesn't make any sense! At all! Or do these banker types live in an entirely different world with all its geography creatively rearranged?
National have always paraded themselves as the party of decency, in a sense because conservative N.Z wants decency.
Yet if anything the hacks are a painful document of what many political observers knew to be true. This is still a small country. People talk. The National Party are hated by folk who are purposely excluded by its agenda. The hacks highlight the strategy. It's more about the Left now, its about getting the political arena right , and let's be honest political journalism in this country has been tainted by this, that's a whole other issue.
Not sure whether you are being facetious – it’s hard to read expression through font.
Most likely he’s talking about being the head of a desk that had responsibility for executing those types of trades through the times that the Asian markets were open before passing it off to the European traders.
Not sure whether you are being facetious
Not at all. You may well be right about what the job involved, but even if it was limited to the major markets of East and Southeast Asia, that's still more than one time zone, and the markets of the Middle East and Persian Gulf, presumably important for their oil, are definitely in Asia but much closer to Europe in time zone. Hence my reaction: It doesn't make any sense.
Hence my reaction: It doesn’t make any sense.
Or more precisely, it employs the sort of clumsy, generalist, quasi-offensive colonial Euro-centric perspective of an "Asian" "other" which you may well be conditioned to come to expect from a young, globe-trotting banker.
For financial institutions, typically there will be an “Asian” centre (usually one of HK, Tokyo or Singapore) which will be responsible for book trading from the close of NY to the opening of London – which I assume is what he means by Asian time zone.
Thank you, that does make more sense.
I suspect that we're driven by economists and accountants who work in 3 month cycles, totally focused on the short term, bottom right hand corner.