The Years of “Growing Pain”

By Paul Chong                           Sat. 10 April 2010

Our children & grandchildren are so fortunate compared to the days when we were young. Growing up was definitely “growing pain” especially for a family of eleven (2 parents & 9 children). Except for the last three siblings, all used to pack into a one-room rented shop accommodation, sleeping on floor mats, before we had our own family home in Pokok Assam, Taiping, Malaysia. There was nothing for a long time we could call our own!

163 Kota Road, Taiping – My Father’s Rented Shop (Middle).

We had one room upstairs where 8 of us dwelled.

My father liked to be called a “mechanic”. He was more correctly a handyman who could fix anything without any formal training. You name it he repaired it . . . from restoring a bicycle motor dynamo, gaslight lamps, electrical appliances like kettles, bicycles, tyre puncture, motor vehicle battery charging, gas lights among a host of other items. His hands were always preoccupied with one item or another. He also repaired watches & clocks which he passed on to my late second uncle. I always admired his skills & wished that he would transfer & teach me some of it.

To my father no son of his was going to follow in his footsteps. He believed in the family’s progression & success and nothing good would come out of it by “holding the hammer”. His sons & daughters must learn to “hold the pen”. . . for the hand with the pen meant “might” to him.

Our Home at 749 Pokok Assam, Taiping – A Resettlement Village

My father regretfully had only two years of Chinese education in the traditional Confucius style of schooling. But if you were to see his calligraphy & his style of Chinese character script, you would think that he was a Chinese scholar, enhanced by the fact that he was often quoting Confucius & Chinese idioms in his normal conversation. Through his own personal lack of education, he was most passionate that his children had proper schooling & academic attainment.

Our dear mother, as with most olden days’ women, was unfortunate not to have gone to school. Nevertheless, she was wise & demonstrated in every way to be a woman of substance. While father fought hard in his economic survival especially during the Japanese Occupation period, she was equal to the task, pulled her weight, and helped keep the family together. Father always made sure of the basic needs – rice, sugar & salt.

I understand what it means to be austere & frugal. We went through several periods of hardship & struggle. My father always impressed upon me that he went to school with only two cents in his pocket. So when we were getting twenty cents in our school days, we couldn’t complain.

We were all English educated – eight of us except the younger sister next to me, she was in the Chinese school. She did not complete her education. By her own choice, she left school early and took up a practical course in dress-making. Bee delighted herself making clothing for our three young sisters – Susie, Alice & Annie. Her time was divided in helping mother in the household chores & making dresses professionally for others.

Susie is a retired school teacher in Taiping, Malaysia. Alice a retired business woman in Eastbourne, England and Annie, a secretary in one of the government departments in Perth, sadly passed on untimely with that dreadful cancer disease in January 2016).

Bee married early & became a mother & grandmother way ahead of us. Her children are all successful & she, recently widowed, now lives with her youngest married daughter in KL, Malaysia. She has more children & grandchildren than I have. (She also had cancer & passed on in the year 2011, April).

Mike, the youngest in the family, is by far the most successful of the siblings. Having trained as a medical technologist at the former W.A.I.T. (WA Institute of Technology),  the present Curtin University, he worked for some time in Malaysia in the discipline he was trained for before switching to the field of sales. He has held various managerial positions with Hewlett Packard & Dupoint. To keep track of his career movement is like tracking him globally – for one day he’d be in US, next Taiwan, China, Singapore or Malaysia.

He’s now stationed with his family in Melbourne & is responsible for the Pacific Rim business . . . still very much on the move . . . airports & hotels . . . in Shanghai or somewhere else and flying high. His three children, one girl & two boys, are all doing well in the field of real estate, journalism & dentistry.

Proudly, we have two nephews who are most successful in the field of import/retailing business and event/marriage planning enterprise.

Our parents are no longer with us, but I am sure they would only be too happy & proud that their offspring have climbed the social-economic ladder and attained that family progression according to their wish. It’s been a long & hard journey, when all of us were sleeping on floor mat, all cramped into one room.

To crown the Chong Family glory, our children have done us proud with their academic achievement: our daughter with a PhD, doctor son as a qualified anaesthetist & our youngest son as a civil engineer who also holds a second degree in computer science. It is foreseeable that others in the family will soon join in the academic rank, not that some have already done so.

Austerity & frugality are two preciously forgotten vocabulary in today’s society. Today, the flash of credit cards with free & easy spending rule the day. Unless you have gone through hard times, you’d never understand & appreciate good times.

Save to be safe

Austerity before prosperity.

To God Be The Glory!

Related Posts by Same Author:

  1. No pain No Gain . . . Suffering Builds Character
  2. The Importance of Knowing Why “Roots To Grow, Wings To Fly”

The Wind Of Change


There was a time when the Greenback was the most covetous note of legal tender even in the remotest part of the world. The American home, the American car, the American dreams and all things American were the most treasured & desired the world over. Ironically, since Barrack Obama who was elected solely on the premise of change, it’s the ill-wind that’s blowing nobody any good! But whatever happened to the power wielded by the Americans?

164

They say that truth is sometimes stranger than fiction. It is definitely strange to hear that American tourists are finding it hard to exchange a $100 bill on the street in Asia. Most of the money changers would rather take euros, Singapore dollars, even Chinese Yuan for fear of the sinking exchange rates. It just seems impossible that the Greenback is flatly rejected!

Along with the rejection of the dollar is the American Express card. Once the prime of all the cards, it is being turned down in many Asian establishments, though the MasterCard & the Visa are still acceptable. Locally grown cards are fast replacing the American ones.

In Asia would you believe that there’s an on-going joke in this present financial crisis that in the US even your pet could secure a credit card or a home mortgage? This is indeed laughable!

For too long, the Americans refused to believe that there was anything wrong with their living lifestyle, consuming far beyond their means, easy credit, greed being their creed and juggling repayments, if ever that being possible, with their string of credit cards. Under such circumstances, the word ‘budget’ does not come into play or is ever heard of. “No worries!” that what the Aussie is famous for saying.

Simple plain logic would tell you that you can’t keep on going on a spending spree without having the problem of repaying. Debts cannot be written off like relying on bankruptcy. It may seem grossly unfair that the same privilege extended to big company like General Motors is not for the man in the Main Street. Washington is definitely looking out for the big guns, bailing them out in distress, while the workers, most deserved of help, are left to struggle for their survival.

It’s the ill-wind that blows nobody any good. There has been no fundamental changes in the way that Washington functions. Ever since 1971 when Nixon did away with the Gold Standard of Exchange, Washington has most conveniently financed its way out of debts by resorting to steep borrowing with its sale of Treasury notes & bonds & the Federal Reserve printing more “fiat” paper money.

Historically, this has been the trend of funding its excessive expenses such as the Vietnam war. That is how US avails itself the tremendous edge & has been enjoying an exclusive privilege that allows the Americans to spend & spend, a case of over-consumption, to be subsidised by the rest of the world.

In so far as the US government guarantees to honour its value and the rest of the world accept it as legal tender, the dollar plays its role. In fact, the system works extremely well for the US, far too well, that whenever it ran short of money, it conveniently printed or print its “fiat” money as required.

Emerging economies – China, Russia, India,Brazil (CRIB) – have enough with being dominated by the US Dollar. Enough is enough of the sleepless nights in Beijing where it risks devaluation of its trillions of foreign assets held in US Treasury bonds. China has been urging a change in the medium of trading exchange & has in fact taken leading steps in reducing its purchase of US Treasury bonds.

China has been encouraging its 1.3 billion population to invest in gold & silver, while converting more of its US currency holdings as well. It’s working hard at converting its billions of US dollars before the Greenback tanks. Already, it has even started with its Yuan as the means of trading exchange among the Asian emerging countries in five key cities in Pearl Delta Economic region including Hong Kong. The initial attempt appeared to be working very well indeed.

It’s reported that this month, the Hong Kong Monetary Authority has removed all its physical gold holdings from the depositories in London and transferring them to a high-security facility close to Chek Lap Kok airport in Lantau Island.

It goes to show that China has fundamentally lost confidence in the US dollar & is shifting its to a partial Gold Standard through reserve accumulation. However, China has to do so carefully so as not stimulate the market.

Is there no end in sight of the US sky-high deficits, record shattering borrowing by the US Treasury & the runaway printing by the Federal Reserve? The US government’s official debt now stands at an all-time high of $11.8 trillion – that’s over $100,000 for each & every household in America. Over the next 10 years the cumulative effect would be another $9 trillion, bringing the burden per household to $177,000. Other total liabilities & the unfunded government IOUs on Social security, Medicare & Federal Pension payments would push skyward the debt burden of over 1 Million Dollars per household!

Do you begin to see how bleak & gloomy down the posterity lane? The days of prosperity are gone for the American family. Together with its descendants, the American family would have to toil for the next 429 years just to pay off its national debt, assuming every family can save 5% of its income & channel towards its repayment. This is indeed a serious indictment!

Paul Chong

A Chinese by Descent

An Australian by Consent

Tuesday, 15 September 2009

Related Articles by the Same Author:

  1. Plain Old Greed . . . An Unwanted Creed

  2. General Motors Today . . . America Tomorrow?

  3. If You Stall . . . Others Roar

  4. Chinese Leaders Jet-Setting The World On Buying Spree

  5. US “Toilet” Paper Money

  6. The Four Alphabets Of Economic Recovery

  7. The Japanese Dilemma

  8. Western Democratic Imperialism