Culture of bigotry hindered Australia’s ability to integrate with its Asian neighbours
Submitted by Wei Ling Chua on Thu, 04/11/2010 - 2:39pmThe recent reaction by the Australian politicians toward the proposed merger between the Singapore Stock exchange (SGX) and the Australia Stock Exchange (ASX) is a typical example of a bigotry culture in this country.
The very minute the news of SGX intention to merge with ASX was leaked to the public arena, our politicians begin to jump up and down against the idea without even trying to find out in detail the rationale of the proposed merger, and the possible benefits to Australia. Their responses are so pathetically predictable in a habitually hysterical manner.