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Desperate times call for desperate measures. Hong Kong has announced handouts to its population to turn around sentiment. The country says that registration for cash handout to start in early July. The move is likely a blue print for greater China.

Hong Kong Dollar

Hong Kong will be offering HK$10,000 cash handouts for all permanent residents over the age of 18

The move is to stem fear and negative sentiment that has crippled Hong Kong. The intention is to boost consumption activity and ease recent economic worries caused by the protests last year. Now we have the impact from the coronavirus outbreak.

The government is aggressive in it's plans also announcing at the same time tax cuts and other fiscal boosts to try and alleviate pressure in the latest budget announcement.

The Beatles’ version of Money (That’s What I Want) from songwriter's ‎Janie Bradford‎; ‎Berry Gordy never grows old when it coems to moves like this.

The song was recorded 18, 30 July, 30 September 1963 and as relevant on 26 February , 2020 as it was then It was released: 22 November 1963 (UK) and on 10 April 1964 (US)  Originally recorded in 1959 by Barrett Strong, Money (That’s What I Want) was the thrilling closing track on The Beatles’ second album.

Money (That’s What I Want)

The best things in life are free

But you can keep ’em for the birds and bees

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want) yeah That’s what I want

Your loving give me a thrill,

But your loving don’t pay my bills

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want) yeah

That’s what I want

Money don’t get everything it’s true 

What it don’t get I can’t use 

Now give me money (that’s what I want)

That’s what I want (that’s what I want)

That’s what I want (that’s what I want) yeah That’s what I want

Well, now give me money (that’s what I want)

Whole lot of money (that’s whatI want)

Whoah yeah, I wanna be free (that’s what I want)

Oh, money (that’s what I want)

That’s what I want, yeah (that’s what I want)

That’s what I want Well, now give me money (that’s what I want)

Whole lot of money (that’s what I want, whoo)

Whoah, yeah, you know I need money (that’s what I want)

Now give me money (that’s what I want, whoo)

That’s what I want, yeah (that’s what I want) That’s what I want

 

From the Traders Community Research Desk

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