That’s the sound of a sad trombone playing.
Dodgy offshore tax havens get a lot of press lately, but what about mass movements of capital to friendlier shores that hide in plain sight? The New York Times has a heartbreaking story today of young Chinese adults in Vancouver, Canada who just can’t figure out what to do with all that cash their fathers earned.
They do know one thing it’s good for: obscene quantities of ultra-high-end cars.
Those dealing in luxury vehicles and high-performance exotics may need to improve their relations with women soon, as more women seek such wares.
When the call came in, I had shit on my hands. I’m speaking literally here, standing atop Quarry Rock in North Vancouver, tomato-faced and lathered with sweat after a hurried hike. My sleeping infant daughter had somehow just managed to relieve herself on the outside of her diaper – real assassination-of-JFK stuff, a second pooper on the grassy knoll.
Would I like to spend a day squiring a Rolls about town? Would I ever: a few short days later and I’m peering through the steering wheel spokes of a vehicle that is as quintessentially British as Queen Victoria herself.
Which is to say, a big fat German with a limited sense of humour. (Read More…)