http://www.reuters.com/article/us-northkorea-china-envoy-idUSKBN1670BP?il=0
Coal export to China constitutes 1/3 of North Korea's incomes. Therefore, coal import ban from China will affect North Korea tremendously. North Korea's coals are of high quality because they're non-smoke coals which don't produce smogs.
The next weapon China has is OIL export ban to North Korea. This will crumble NK.
Tuesday, February 28, 2017
South Korea will enter economic downturn in 2017 - Part 3
https://sg.news.yahoo.com/china-angrily-reacts-threats-south-korean-missile-defence-033503970--finance.html
China will ban and boycott LOTTE businesses in China for helping South Korea government to install THAAD system. Good grief! Why is South Korea so adamant in THAAD installation when the system cannot defend against more than 10,000 mobile rockets launchers from North Korea?
Part 2:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic_25.html
China will ban and boycott LOTTE businesses in China for helping South Korea government to install THAAD system. Good grief! Why is South Korea so adamant in THAAD installation when the system cannot defend against more than 10,000 mobile rockets launchers from North Korea?
Part 2:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic_25.html
Monday, February 27, 2017
USA has no money to repay its debt!
https://sg.finance.yahoo.com/news/us-treasury-rekindles-interest-rare-century-bond-045924053.html
What do you do when you don't have money to repay or roll over your debt?
Well, you just need to issue much longer dated bonds to roll over your money so that the days of reckoning will come much later.
What do you do when you don't have money to repay or roll over your debt?
Well, you just need to issue much longer dated bonds to roll over your money so that the days of reckoning will come much later.
Sunday, February 26, 2017
The Kim who was assassinated in KLIA might not be the real Kim Jong Nam.
There was a Japanese reporter who claimed to be have known Kim Jong Nam for a long time said that Kim Jong Nam had tattoos on his body including his tummy. However, no tattoo was spotted on his tummy on the picture (as shown). Therefore, the deceased man might not be the real Kim Jong Nam according to the Japanese reporter.
Saturday, February 25, 2017
DPM Tharman said that the government had enough provision for this decade.
https://www.gov.sg/factually/content/is-the-government-planning-to-raise-the-gst-after-the-next-general-elections
Let's see if this is true by not raising GST in this decade since the government has enough provision.
Let's see if this is true by not raising GST in this decade since the government has enough provision.
Bill Gates' suggestion on robot tax won't work!
http://fortune.com/2017/02/18/bill-gates-robot-taxes-automation/
Imposition of robot tax to save any human job won't work because it is a regressive action that will impede productivity. This action will force businesses to choose between human or robot based on cost instead of productivity. Furthermore, businesses will move to other countries without robot tax so that more robots can be used. The fundamental reason businesses adopt automation is to improve productivity and lower production cost. If we impose robot tax to compel businesses to adopt lesser robots, it will defeat the purpose of improving productivity as a human cannot work 24/7. If full automation can increase productivity and lower product cost better than semi-automation with some human labour, why would we want semi-automation unless full automation has a higher robot tax which can lead to higher production cost?
Imposition of robot tax to save any human job won't work because it is a regressive action that will impede productivity. This action will force businesses to choose between human or robot based on cost instead of productivity. Furthermore, businesses will move to other countries without robot tax so that more robots can be used. The fundamental reason businesses adopt automation is to improve productivity and lower production cost. If we impose robot tax to compel businesses to adopt lesser robots, it will defeat the purpose of improving productivity as a human cannot work 24/7. If full automation can increase productivity and lower product cost better than semi-automation with some human labour, why would we want semi-automation unless full automation has a higher robot tax which can lead to higher production cost?
Iphone 7 is an exploding device. Be careful!
https://www.yahoo.com/tech/apple-investigating-iphone-7-caught-140100976.html
Iphone 7 has gone awry! It can explode like an IED.
Iphone 7 has gone awry! It can explode like an IED.
Iceberg has issued another report on Noble group.
https://iceberg-research.com/2017/02/24/noble-group-how-many-times-can-you-fool-the-same-people/
No smoke without fire or this report on Noble's fraud is also a fraud report?
No smoke without fire or this report on Noble's fraud is also a fraud report?
Baltic dry index - 875
Today, Friday, February 24 2017, the Baltic Dry Index climbed by 19 points, reaching 875 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 - 754
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 754.
A year ago, 502 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 602 rigs sought oil and 151 explored for natural gas this week. One was listed as miscellaneous.
Texas increased by eight rigs and Wyoming gained one.
Alaska and Louisiana each lost two rigs and North Dakota declined by one.
Arkansas, California, Colorado, Kansas, New Mexico, Ohio, Oklahoma, 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.
South Korea will enter economic downturn in 2017 - Part 2
http://www.csmonitor.com/World/Asia-Pacific/2017/0208/China-gets-testier-as-South-Korea-advances-its-missile-defense-plans
The Chinese in China will boycott South Korea goods if THAAD system is installed because of nationalistic sentiment. We cannot disregard this nationalistic sentiment which is deeply rooted in Chinese culture. South Korea economy will be greatly affected beyond imagination if the Chinese do not buy South Korea goods.
Part 1:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic.html
The Chinese in China will boycott South Korea goods if THAAD system is installed because of nationalistic sentiment. We cannot disregard this nationalistic sentiment which is deeply rooted in Chinese culture. South Korea economy will be greatly affected beyond imagination if the Chinese do not buy South Korea goods.
Part 1:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic.html
China GDP growth is expected to slow down further in 2017.
http://en.people.cn/n3/2017/0223/c90000-9181860.html
The expected growth rate for China is 6.64% in 2017 which is lower than 6.7% in 2016. Therefore, world economies won't be doing better in 2017 than in 2016 because of lower growth and uncertain USA economic policies.
The expected growth rate for China is 6.64% in 2017 which is lower than 6.7% in 2016. Therefore, world economies won't be doing better in 2017 than in 2016 because of lower growth and uncertain USA economic policies.
Friday, February 24, 2017
CIA documents revealed that 23 Russian soldiers were killed by 5 Aliens in 1993.
https://www.thesun.co.uk/news/2919965/russian-soldiers-turned-to-stone-in-terrifying-shootout-with-aliens-declassified-cia-document-claims/
This incident happened in Siberia in 1993 after Russian soldiers shot down the UFO.
This incident happened in Siberia in 1993 after Russian soldiers shot down the UFO.
Thursday, February 23, 2017
Latest UFO activity with the sun.
Is Euro coming to an end?
https://sg.finance.yahoo.com/news/end-euro-french-candidate-plots-131143978.html
If France is the first to dump Euro, Euro will definitely crash to the abyss as France is a big country in EU. This will prompt many countries to hoard USD which will cause USD to spike up and create inflation faster than ever.
If France is the first to dump Euro, Euro will definitely crash to the abyss as France is a big country in EU. This will prompt many countries to hoard USD which will cause USD to spike up and create inflation faster than ever.
Second earth is found!
http://dailyoccupation.com/2017/01/22/official-researchers-discovered-second-earth/
However, we'll never reach there until we've learnt how to bend space time or create a wormhole.
However, we'll never reach there until we've learnt how to bend space time or create a wormhole.
Wednesday, February 22, 2017
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