Thursday, February 9, 2017
China is the world's largest economy based on PPP.
China is expected to overtake USA's economy in nominal GDP by 2030.
http://statisticstimes.com/economy/projected-world-gdp-ranking.php
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
Singapore will enter economic downturn in 2017
https://sg.finance.yahoo.com/news/singapore-enter-economic-downturn-2017-100600667.html
As predicted in our previous postings, this outcome is not surprising at all especially when Trump is the USA president.
As predicted in our previous postings, this outcome is not surprising at all especially when Trump is the USA president.
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.
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.
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.
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.
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.
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Related stocks: Sembcorp Marine & Cosco.
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