Category: US / Dollar related
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It’s coming… next recession. (not us but then again will affect us)
It’s not a prediction for Malaysia but then again, if it does happen to the largest economy in the world, it will affect us yeah. It’s only by how much. Article in TheStar here. Another recession is looming. The article says that the reasons for this prediction is because the high level of asset prices today already…
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Even the richest are not immune to a slowing property market
We want to sell our home today and we engage a real estate negotiator (REN). He advised us the current market price based on some recent transactions. Here’s a place for us to check recent transactions; Brickz.my After the advertisement is up for a few days, our REN tells us a potential buyer called and…
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Vote me and get US$1,000 per month. WOW.
I am just referring to a news article in CNBC.com Hopefully they did not publish some fake news. One American President aspirant says that if he is elected, Americans will get US$1,000 per month. Nope, not once per year. It’s every month and I think the period would be as long as he is the…
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When borrowers need not even qualify for it, better be fearful!
Remember subprime-mortgage crisis in 2008? In brief, the banks were lending to borrowers who SHOULD NOT have gotten the loan in the first place. Then, everything collapsed when the borrowers really could not pay. This is the reason why I would not want the banks to lower their lending standards here in Malaysia. Buyers just…
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The ongoing saga of a ‘brainless trade war?’
The war has not yet started but the warnings are already there. It’s not just the wine and the planes from the U.S. that may be affected. It has now been reported in media that the returning ‘slap’ from China for U.S. companies would include citrus (orange and lemons) and even pork produced in the U.S.…
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When you ‘slap’ me, I will ‘slap’ you back, SERIOUSLY.
Becoming and staying competitive is very important. Subsidies are bad when it’s given continuously, like forever? Please go and read up a bit on how some advanced economies continue to provide subsidies to their uncompetitive agriculture sector and then forcing the weaker nations which has nothing else but agriculture to COMPETE fairly. Manual labour vs…
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How many billionaires are there in the world?
The total billionaires in the world? Maybe just many years ago, I remember some number in the hundreds but today, I read that the number of billionaires has hit 2,208 persons, according to Forbes. The richest is not Bill Gates but Jeff Bezos the founder of Amazon. The full article in NST here. Richest Malaysian is…
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2018 stock market crash? Warnings and optimism from JPMorgan.
Someone googled for ‘stocks collapse 2018’ and they found kopiandproperty.my. Two of them. Cool. Anyway, I googled for the same keywords and found under ‘News’ category that there was a recent article about it. The warnings plus optimism (same article) coming from JPMorgan. Since JPMorgan’s revenue for 2016 was close to US$100 billion, I think…
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It’s ten year later next year. Financial crisis thoughts.
Reported in The Guardian was this particular statement, “The Financial System is still blinking red. We need reform more than ever.” Do read to understand more yeah. In brief, some points put forward was that there are still arguments about the best way to reform the economy. The author does not like President Trump’s views. Here’s…
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Donald, do not touch the tough regulations.
Yellen is a tough lady, Trump is meanwhile her President. I mean she’s an American and he’s the American President. As for acting in concert however, they are not the best pals. Yellen recently said that the next financial crisis should not happen within our life time. The reason was because the financial market has…
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Trump will resign by end of 2017?
Whether he’s a great president or not, Trump is definitely an extremely famous one. My earliest article about him here. Trump: Very massive recession for the US soon These days, even the uncles and aunties in the market knows him. Something on their mind would be this. Trump will resign in a few months’ time? Specifically…
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Yellen: Next financial crisis not happening during our lifetime
Janet Yellen is a very powerful lady. She is the chair of the Federal Reserve of the U.S. In fact Federal Reserve’s actions would affect most countries in the world. Just look at what happens every time there’s an expectations of a rate increase to the currencies of the world. Recently, she shared with the…