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The tragedy of Madam Butterfly

Chew Sutat
Chew Sutat3/16/2022 11:02 AM GMT+08  • 8 min read
The tragedy of Madam Butterfly
As we cheer our local red dots who venture into Pinkerton shores, the jury remains out in the throes of a corrective bear.
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For those less familiar, the Pinkerton Syndrome is derived from the 1904 opera Madama Butterfly by Giacomo Puccini, which is in turn, based on the 1898 tragic short story Madame Butterfly by John Luther Long.

The perceived tendency to regard or preference Caucasians as superior or more desirable, exhibits itself beyond relationship choices (in the story) to employment, and more than a century on, potentially to the capital markets too.

There is no doubt that the breadth and depth of Western capital markets, and the ecosystem that supports them, is not a fair comparison to the Little Red Dot here. After all, capitalism did originate from the West, and as an art form, finds its most sophisticated practitioners at the Big Apple, and also at the Bay Area and Silicon Valley.

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