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Thursday, February 9, 2017

China is the world's largest economy based on PPP.


Statistics from world bank


China is expected to overtake USA's economy in nominal GDP by 2030.

http://statisticstimes.com/economy/projected-world-gdp-ranking.php


China's economy will be 50% bigger than USA in the year 2050 (see below).

Statistics from PWC

Whose side do you want to be on? USA or China?


Wednesday, February 8, 2017

Trade war between USA and China is spreading!

http://www.marketwatch.com/story/trump-may-soon-label-china-a-currency-manipulator-deutsche-bank-says-2017-02-07?siteid=yhoof2&yptr=yahoo&ref=yfp

This will cause hyperinflation across the globe because of the punitive tariffs.

USA will have more to lose than China because China has more ammunitions than USA.  USA has more investments in China than China investments in USA.  Hyperinflation will hit USA first and USA has to raise interest rate in March 2017.

Singapore stock calls for 8 February 2017


China can bypass Asean to trade with Europe now.

http://en.people.cn/n3/2017/0208/c90000-9175126.html

The one-belt-one-road initiative has enabled China to transports goods to Europe and vice versa without passing through Asean because of the new sea and land routes.

China has proof that its proclamation in South China sea is valid.

http://en.people.cn/n3/2017/0208/c90000-9175389.html

The proof was in 1946 when USA sent its navy to accompany China to retake the islands in South China sea.

Tuesday, February 7, 2017

Russia warns South Korea about THAAD installation.

http://en.people.cn/n3/2017/0204/c90000-9174097.html

South Korea is digging its own grave by offending China & Russia with THAAD installation.

Declassified UFO documents in Canada.

http://www.abovetopsecret.com/forum/thread736264/pg1

Canada found something in 1968 which dropped from the sky and it was something beyond human's technology.

Quote:
"The relevant documents indicate that a 99% titanium fragment with a white, ceramic-like crystaline material on one side was found in or around October 1968 (but tests indicated it had "been down for more than 90 days") in the Wollaston Lake area of Saskachewan, Canada. "
End Quote.

This showed that a supreme being created it which we called ALIEN.

Singapore stock calls for 7 February 2017


Iran to ban americans and ditch USD.

https://www.rt.com/business/375789-iran-dollar-trump-ban/

http://nypost.com/2017/01/29/iran-to-ban-us-citizens-in-retaliation-to-trump-move/

If Iran ditches USD, it will definitely push USD lower because Iran is a major oil producer.

http://news.az/articles/iran/118582

4m bpd is not a small volume.

Monday, February 6, 2017

Who was Singapore first elected president?

http://eresources.nlb.gov.sg/infopedia/articles/SIP_808_2004-12-28.html

According to our National Library resources, our first elected president was Ong Teng Cheong.

Our last appointed president was Wee Kim Wee with vested power of an elected president.

https://sg.news.yahoo.com/sylvia-lim-chan-chun-sing-spar-over-issue-of-first-elected-president-114816839.html

An elected president has to be elected and not appointed.  Therefore, it is wrong to say that Wee Kim Wee was our first elected president.

Singapore stock calls for 6 February 2017


South Korea will enter economic downturn in 2017

https://sg.finance.yahoo.com/news/toilet-seats-cosmetics-koreans-fret-210000152.html

As predicted in our previous postings, South Korea economy will suffer when it wants to install THAAD system.  The economic impacts will materialise this year.

Here we go again! USA is stirring trouble in Asia.

https://www.yahoo.com/news/china-lashes-mattis-remarks-east-china-sea-islands-024128881.html

USA is seeking to destabilise the world by messing up Middle East, Europe and Asia for its own benefits.  This is the best way to get countries to buy USA weapons.

Sunday, February 5, 2017

Saturday, February 4, 2017

China tested its latest DF-5C missiles.

http://www.scmp.com/news/china/diplomacy-defence/article/2067267/china-tested-new-missile-capable-carrying-multiple

China has more than 1 type of ICBMs to safeguard its own interests.  Besides DF-41, China has DF-5C.  Therefore, USA will think thrice before having any military confrontation with China.

EU is sick of USA!

https://sg.news.yahoo.com/hollande-calls-eu-leaders-refuse-pressure-us-021203530.html

USA is alienating itself from the world and is becoming "unwelcome".  Besides creating troubles in Asia and Middle East, it is beginning to stir troubles in EU.

Is USA bond market going to explode soon?

With the USA debt reaching $20T limit soon, USA will have to lift the debt limit and issue more bonds to pay or rollover its debt which will cause interest rates to go up as bond prices move inversely to its interest rates.

Currently, the FED is holding $4.45T of treasuries because of its past QE actions and will have to unwind all these down to $1T soon.  The deluge of $3.45T of treasuries will definitely cause bond prices to fall and interest rates to spike up even when the FED unwinds them gradually.  This is truly a double whammy for the bond market.

OMG! Is Singapore going to lose Pedra Branca to Malaysia soon?

http://www.channelnewsasia.com/news/asiapacific/3-uk-documents-cited-for-malaysia-s-application-to-revise-pedra/3492172.html

Since SG supports PCA ruling in South China Sea, I think SG will stand a better chance to fight this case in PCA as we can afford to pay PCA to award the sovereignty to us.  We need to learn from the Philippines.

Baltic dry index - 752

Today, Friday, February 03 2017, the Baltic Dry Index decreased by 18 points, reaching 752 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
======================
Related stocks: Sembcorp Marine & Cosco.

US rig count - 729

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 729.
A year ago, 571 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 583 rigs sought oil and 145 explored for natural gas this week. One was listed as miscellaneous.
Oklahoma increased by six rigs, New Mexico and Texas were each up by four and Alaska, Arkansas, Colorado and Wyoming each increased by one.
Louisiana lost one rig.
California, Kansas, North Dakota, Ohio, Pennsylvania, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
=======================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Friday, February 3, 2017

UFO in mediterranean sea.

http://www.mirror.co.uk/news/world-news/extraordinary-footage-shows-ufos-sucking-9683378

This is definitely not a normal waterspout or twister as it is stationary.  Twister or waterspout will move in a trajectory.  Furthermore, there is strange light moving around the waterspout.

Trump won't honour contract and will seek to rewrite it.

http://www.businessinsider.sg/trump-wants-to-speed-up-the-nafta-talks-2017-2/?r=US&IR=T

Be it WTO, UN or NAFTA, Trump won't honour the contracts and will seek to rewrite these agreements to his advantages.

Trump is ruffling Israel too!

https://sg.finance.yahoo.com/news/white-house-says-israeli-settlements-may-not-helpful-234345391.html

Messing with Iran is not enough, Trump wanna mess up Israel too.  How can Middle East have peace when USA is stirring troubles?

Singapore stock calls for 3 February 2017


Trump is going to impose sanctions against Iran!

http://www.reuters.com/article/us-usa-trump-iran-sanctions-idUSKBN15H2OE
Middle East will never have peace with USA presence.

Saturday, January 28, 2017

Baltic dry index - 827

Today, Friday, January 27 2017, the Baltic Dry Index decreased by 13 points, reaching 827 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

======================

Related stocks : Sembcorp Marine & Cosco.

US rig count - 712

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 18 this week to 712.
A year ago, 619 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 566 rigs sought oil and 145 explored for natural gas this week. One was listed as miscellaneous.
Texas increased by nine rigs, Oklahoma was up by five, New Mexico increased by four, Louisiana was up by two and Alaska and North Dakota each increased by one.
Colorado decreased by three rigs and Arkansas and West Virginia each were down by one.
California, Kansas, Ohio, Pennsylvania, Utah and Wyoming were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

===================

Related stocks : Keppel Corp, Sembcorp Marine & Cosco.

Thursday, January 26, 2017

Singapore stock calls for 26 January 2017


A leopard won't change its spots. Bill Clinton was caught by Hillary again.

http://www.mirror.co.uk/news/world-news/bill-clinton-caught-checking-out-9664698

Hillary caught Bill ogling at Ivanka.  Bill is still as horny as before. Hahaha!

USA may withdraw from UN because Trump wanna cut costs by not paying for membership.

http://en.people.cn/n3/2017/0124/c90000-9170716.html

Trump is trying to cut costs for USA by withdrawing from UN.  This shows that USA is on the brink of running out of money.  Once confidence in USD collapses, it will expedite the collapse of USA too.  USA will reach the debt limit in March 2017 and the congress has to approve a higher debt limit or USA will go bankrupt in March 2017.

China is preparing for confrontation with USA with its latest D-41 missiles.

http://en.people.cn/n3/2017/0125/c90000-9171195.html

China has begun deploying the latest D-41 missiles which can target USA homeland.  USA has fought many wars but never one on its own land.  The way to win the war is to bring the war to USA homeland for its citizens to see the horrendous outcome.  Then the citizens will blame USA for meddling in South China Sea affairs.

Tuesday, January 24, 2017

SG tanks are coming home for CNY!

https://sg.news.yahoo.com/detained-terrex-vehicles-will-be-returned-to-singapore-mfa-110556849.html

Look like our government has agreed to the 2 conditions imposed by China in exchange for our SG tanks.  Anyway, it's a good news that our SG tanks are coming back.

War is looming in South China Sea!

https://sg.news.yahoo.com/trump-white-house-vows-stop-china-taking-south-030058387.html

If Trump persists in having his own way, there will be a war in SCS.  A war in SCS is detrimental to international trades as USD$5t worth of goods go through SCS every year.

Singapore stock calls for 24 January 2017


Trump terminates TPP officially.

https://www.nytimes.com/2017/01/23/us/politics/tpp-trump-trade-nafta.html?_r=0

This is not unexpected as Trump and Hillary both disapproved TPP previously.  Only those countries with unrealistic hope are disappointed because they refused to heed Trump's disapproval and insisted on TPP.

Saturday, January 21, 2017

Mirage appearing in China sky again.


China new military aircraft caught on cam.


Baltic dry index - 925

Today, Friday, January 20 2017, the Baltic Dry Index decreased by 17 points, reaching 925 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
=================================
Related stocks: Cosco, Sembcorp Marine.

US rig count - 694

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. leaped by 35 this week to 694.
A year ago, 637 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 551 rigs sought oil and 142 explored for natural gas this week. One was listed as miscellaneous.
Texas jumped by 17 rigs, Oklahoma increased by seven, North Dakota was up three and Ohio two. New Mexico, Pennsylvania, Utah and West Virginia increased one apiece.
Alaska, Arkansas, California, Colorado, Kansas, Louisiana and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
=============================
Related stocks: Keppel Corp, Sembcorp Marine, Cosco.

Friday, January 20, 2017

Singapore stock calls for 20 January 2017


USA is increasing tension between Taiwan and China.

https://www.wsws.org/en/articles/2017/01/19/taiw-j19.html

If USA approves military base in Taiwan, it means that USA doesn't recognise the one-China policy or UN resolution 2758.  This action will cause China to cut tie with USA and also prompt China to retake Taiwan by military force.  This world is definitely better without USA.

China train freight had reached London for the first time.

http://www.bbc.com/news/business-38654176

China can transport cargoes to London without passing through Singapore for the first time by using train freight instead of sea freight.  Sea freight will take 45 days while train freight will take only 18 days.  Kudos to China for the one belt one road initiative!

Tuesday, January 17, 2017

A Japanese hotel operator is helping the Japanese government to whitewash its historical crimes.

http://english.cri.cn/12394/2017/01/17/4381s949934.htm

All the Japanese war crimes are archived in UNESCO documentary and the Japanese government cannot lie to the whole world except its own citizens.  This is the reason why the world keeps insisting that Japan must apologize for WW2 atrocities because Japan keeps whitewashing the historical facts.

Do not buy Made-In-China food products!

http://www.scmp.com/news/china/policies-politics/article/2062536/leftovers-industrial-salt-used-make-fake-branded-food

China factories are producing fake branded food products.  Better to be safe than sorry.  Do not buy made in china food products.

Singapore stock calls for 17 January 2017


Monday, January 16, 2017

China warns Trump again!

https://sg.news.yahoo.com/beijing-off-gloves-trump-continues-taiwan-china-daily-032357952.html

Trump will destroy USA because UN won't support USA due to UN resolution 2758.

Singapore stock calls for 16 January 2017


China media told it all about the seizure of SG tanks!

What SG government didn't tell its citizens, the China media told it all.

SG broke its promise not to train in Taiwan anymore in 2009 and 2012.  China has stated clearly that it won't return SG tanks unless we agree to 2 conditions.

Is the starlight exercise in Taiwan really due to our land constraints in SG?

http://news.asiaone.com/news/asian-opinions/no-reason-spore-stop-military-training-taiwan

China had offered its Hainan island to SG for our military exercises but our PM rejected it.  Therefore, we cannot keep saying that we have to conduct military exercises in Taiwan due to our land constraints in SG because it doesn't make sense anymore.

http://www.foreignbrief.com/china-singapore-relations-seizure/

A cool job with high pay!

http://news.asiaone.com/news/business/8000-apply-baidu-map-collector-vacancies

Too bad we're stuck in a small red dot! Arrggghhhh!

Is USA willing to play second fiddle to China in AIIB?

http://en.people.cn/n3/2017/0116/c90000-9167343.html

The later you join the AIIB, the lesser clout you will have in AIIB.  Therefore, USA will only play second fiddle to China in AIIB as it is a late comer.  AIIB is spearheaded by China and China will be the chair in AIIB.  Can USA take the insult to be in a supporting role instead of the leading role?

Vietnam forsakes USA and deflects to China after Philippines.

http://en.people.cn/n3/2017/0116/c90000-9167323.html

As we stated in our previous post, USA would alienate itself in South China Sea (SCS).  2 claimants have agreed to bilateral settlements with China without USA involvement.  Therefore, non-claimants like USA, Japan and SG have no right but to remain silent over the SCS issue.

If China expedites the one belt one road initiatives, SG will collapse at a rapid rate than we will imagine.

Singapore future is sealed!

http://news.asiaone.com/news/singapore/china-projects-malaysia-hit-singapore

We've been warning about this in our posting.  This bleak outcome will come.  It is a matter of when, not if.  SG future is cast in iron already as China has already spent so much for the one belt one road initiative.

Saturday, January 14, 2017

OMG! Trump says he won't commit to one-China policy!

http://www.ibtimes.co.uk/trump-suggests-he-could-lift-russia-sanctions-wont-commit-one-china-policy-1601029

UN recognises the one-China policy but Trump doesn't want to recognise it.  There will be serious repercussions when Trump doesn't commit to the one-China policy after his inauguration.

There will be more trade wars between USA & China and China will oppose USA in UN by vetoing USA proposition.

USA is building up its military tanks in Poland.

Here we go again!  Tension continues to rise in EU because of USA.  This is like USA preparation for a war against Russia with its tank buildup.

https://www.theguardian.com/us-news/2017/jan/12/doubts-over-biggest-us-deployment-in-europe-since-cold-war-under-trump

Russia views it as a serious threat and will definitely retaliate in its own way.

USA is also creating tension in Israel and Palestine by moving its US embassy to a sensitive location, Jerusalem.

http://edition.cnn.com/2017/01/10/politics/trump-israel-embassy/

The world is really better without USA!

Amazing UFO footage in Poland sky.


Baltic dry index - 910

Today, Friday, January 13 2017, the Baltic Dry Index climbed by 18 points, reaching 910 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
====================
This news is important for investors who are interested in Cosco and Sembcorp Marine.

US rig count - 659

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 659.
A year ago, 650 rigs were active. Depressed energy prices have curtailed exploration, although the rig count has been rebounding in recent months.
Houston oilfield services company Baker Hughes Inc. said Friday that 522 rigs sought oil and 136 explored for natural gas this week. One was listed as miscellaneous.
Wyoming increased by two rigs and Louisiana by one.
Oklahoma and Texas each declined by two rigs. Colorado, North Dakota, Ohio and Pennsylvania fell by one each.
Alaska, Arkansas, California, Kansas, New Mexico, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
======================
This news is important for investors who are interested in Keppel Corp, Cosco and Sembcorp Marine as these companies are involved in rig building.

Friday, January 13, 2017

Singapore has bowed to China finally! - Part 2

http://www.taipeitimes.com/News/front/archives/2016/12/23/2003661755


After the seizure of SG tanks in HK, Singapore is playing by ear when it comes to dealing with China.  SG had denied Taiwan ex-official entry so that it won't antagonize China.

China's strategy to gag SG for its vocal expression of anti-China remarks with the seizure of SG tanks has been working well because SG has managed to stay silent on Taiwan issues. Therefore, China will detain SG tanks as long as it deems fit to gag SG while it continues to besiege Taiwan politically.

Alien autopsy performed in Russia in 1969.


Singapore stock calls for 13 January 2017


Singapore port volume has dropped again!

Singapore port handling capacity volume in TEU:
2011 = 29.94m
2012 = 31.65m
2013 = 32.6m
2014 = 33.87m
2015 = 30.9m
2016 = 30.59m
SG port volume has dropped for 2 consecutive years.  Will SG decline again in 2017?  It is likely that SG port will decline further because of new ports and land freights operating in 2017 which are under the control of China.

China has upped its ante against Taiwan.

http://abcnews.go.com/International/wireStory/taiwan-protests-nigerias-demand-move-trade-mission-44729490

Nigeria has demanded Taiwan trade office to move out of its capital because of China.

China is taking more actions against Taiwan and there will be more draconian actions when Trump refuses to recognise the one-China policy.

The likely motive behind the seizure of SG tanks in HK is to compel SG to remain silent on the Taiwan issue.  China will detain SG tanks as long as it deems necessary despite SG protest as it is an effective way to gag SG.  This has proven to be true as we've been silence insofar.


Who will be in charge of South China Sea in the future?

https://sg.news.yahoo.com/china-russia-agree-more-countermeasures-against-u-anti-001503653.html

China and Russia will be in charge of SCS in the future, not USA!  We better choose to be on the right side or else we will suffer.  There is no way for USA to win a war against 2 big nuclear countries.  Once China and Russia have set a code of conduct for SCS and strengthen their military ties for SCS, the rest of the world will have to follow this code of conduct and nobody is allowed to challenge it.

Hot news! CNN alleged Trump has a sex fetish!

https://noxious.ca/2017/01/11/trump-to-cnn-you-are-fake-news/

CNN alleged that Trump has a sex fetish which is watching woman pissing!  I've not seen a news media and an incumbent president squabbled in a news conference before.  This shows that Trump is really unwelcome as the president. Even UK media doesn't like him.

http://www.telegraph.co.uk/news/2017/01/11/donald-trump-says-will-consequences-buzzfeed-attacks-cnn-mocks/

Thursday, January 12, 2017

Singapore stock calls for 12 January 2017


US should stop the pissing match! Get real and put money where your mouth is!

http://www.scmp.com/news/china/diplomacy-defence/article/2061560/beijing-will-retaliate-if-us-tries-block-chinas-access

If USA wants to stop China or kick China out of South China Sea (SCS), it has to go to war with China.  It's better to do it now than later.  Once China has 3 aircraft carriers, it will have control of SCS.  Therefore, USA should stop the pissing match and get real with some actions like starting a war with China.  If not, USA should keep its mouth shut and remain silent forever because it will lose total control of SCS when China has 3 aircraft carriers.  This is the harsh fact of life!

I don't advocate or promote SCS war but it's just useless to start a pissing match with nothing being done.  Either we accept the inevitable outcome or we change the ensuing outcome.  USA is not ready to start a SCS war but it is only willing to start a useless pissing match with China by dragging other Asia countries like SG and SK into it.

South Korea underestimated China's reaction on THAAD.



As the ruling party still insists on THAAD, China has upped the ante with a ban on 19 korean cosmetics after blockage of korean entertainment artistes.

if SG also underestimates China's reaction and insists on state immunity for our tanks, we may not get our tanks back because state immunity is NOT in force under UN.  State immunity is a privilege extended to a foreign country and can be withdrawn or revoked when the political relationship between the 2 nations turns south.

Wednesday, January 11, 2017

Singapore stock calls for 11 January 2017


What is state immunity?

https://en.wikipedia.org/wiki/State_immunity

Not in force yet!  Therefore, it is still a privilege and China has the prerogative to seize and confiscate our tanks unless state immunity is extended to SG out of goodwill.

China fake rice has appeared in HK.

http://hongkong.coconuts.co/2017/01/10/suspected-plastic-rice-being-sold-hong-kong-restaurants



Be careful when you eat rice in HK!

China is preparing for the worst scenario.

China military is trying to familiarize with the aviation routes in preparation for the possible worst scenario in the future.

http://www.asahi.com/ajw/articles/AJ201701100021.html

If Trump rejects the one-China policy upon inauguration, China will impose economic sanctions against Taiwan and also take military actions to surround Taiwan.  As China is anticipating USA and Japan to come to help Taiwan, it has to familiarize with the aviation routes around Japan for future military confrontations.  Tension is indeed rising in South China Sea.

The truth behind the comfort women settlement.


USA was behind the comfort women settlement between japan and south korea because USA wanted them to bury the hatchet so that they could work together to contain china.  USA pressured President Park to accept the unfair comfort women settlement from Japan and this irked the South Koreans.  There’s no reason for Japan to complain to USA about South Korea if USA was not involved in the settlement as this matter was just between the 2 nations.


Tuesday, January 10, 2017

Alien's hand skeleton found in Peru.

http://www.dailymail.co.uk/news/article-4097782/Is-proof-ALIENS-Peru-Mysterious-giant-claw-warped-skulls-unearthed-tunnels-deep-South-American-desert.html

This hand skeleton has 3 long fingers with 6 sections which is unlike a human or ape's hand.

Is this the holy grail that proves alien existed in the past?

Singapore stock calls for 10 January 2017


Singapore has admitted that we're at the mercy of HK court.

http://news.asiaone.com/news/asian-opinions/terrex-vehicles-ball-now-hks-court

State immunity is a privilege (not an entitlement) that can be extended and also can be revoked.  Therefore, there is no such protection under international law because state immunity is based on political relationship between 2 nations.  The truth is out finally and we're really at the mercy of HK court.  If HK doesn't extend this privilege to SG because we're so anti-China, HK has the right to seize and confiscate our tanks.  We can only shut up and suck our thumb in a corner while waiting for the kind gesture from HK.


High interest rate environment is coming! - Part 2

https://www.bloomberg.com/news/articles/2017-01-10/china-factory-prices-rising-fastest-in-5-years-adds-to-reflation?cmpid=yhoo.headline&yptr=yahoo

Inflation is coming!  Please read our previous post below for more details.

http://sg-stock.blogspot.sg/2016/11/high-interest-rate-environment-is-coming.html

How fake rice is made in China with plastic bags!


Singapore household debt is at an alarming level.

https://sg.finance.yahoo.com/news/household-debt-singapore-trends-causes-174221552.html

A slowdown in our economy will cause huge stresses in household debts which will greatly reduce our economy and this will become a vicious cycle.  Higher interest rates are coming and will cause a slowdown in our economy.  Be prepared for the worst!