USA debt has crossed USD$20t!

http://www.marketwatch.com/story/heres-how-the-us-got-to-20-trillion-in-debt-2017-03-30

Fighting wars, big tax cuts and economic stimulus packages have all added to the debt burden

Raising the debt limit is the only way out for the USA in December 2017.  If not, the government has to shut down in December as there's no money to be spent anymore.

How will the government get the money for its spending? Look like printing money is the only way out for Trump as he wants to implement fiscal spending to boost the economy but still want tax cuts simultaneously. Increasing the money supply will definitely devalue the currency.  OK, we have the outcome for the USD in the future now.

Wow! China will be researching on quantum navigation system for its submarines.

http://en.people.cn/n3/2017/0913/c90000-9268415.html

Wow!  China is really developing its quantum understanding in all spectrum of technologies.

Quantum satellite
Quantum radar
Quantum communication network
Quantum computer
Quantum navigation system

This is really amazing!

Turkey has defected from NATO.

https://sg.finance.yahoo.com/news/turkey-signs-deal-buy-russian-400-missile-systems-081502133.html

Turkey, a NATO member, has defected and purchased Russian S400 missile system.  Turkey is the first NATO member to purchase from Russia as NATO is supposed to contain and ward off Russia.

Singapore stock calls for 12 September 2017

U.N. approves watered-down new sanctions against North Korea.

http://www.chicagotribune.com/news/nationworld/ct-north-korea-sanctions-20170911-story.html

The USA had relented. Either the sanctions won't get passed or only the watered-down sanctions would be approved.  The USA couldn't do anything without getting approval from China in the UN.

We're right to say that the USA won't get what it wanted in the UN vote.

http://sg-stock.blogspot.sg/2017/09/us-wont-get-what-it-wants-in-un-vote-on.html

Toys R Us may be bankrupt soon!

https://www.cnbc.com/2017/09/06/toys-r-us-weighs-possible-bankruptcy-filing.html

New game cultures have developed with electronics and traditional toys makers have problems adapting to the paradigm shift.

Lego is also having some problems adapting to the new game culture.

https://www.aol.com/article/finance/2017/09/05/lego-to-cut-1400-jobs-as-decade-long-sales-drop/23197473/

Halimah Yacob has become the most controversial president in Singapore.

https://sg.news.yahoo.com/pe-2017-pec-decision-halimah-yacobs-eligibility-sparks-notmypresident-hashtag-143620822.html

This is the first time that Singaporeans took to the media to voice their dissatisfactions about our "elected" president.  She will be the first president that doesn't command the respect of Singaporeans.

China has pledged to ban petrol and diesel cars in the future.

http://www.channelnewsasia.com/news/business/china-studying-when-to-ban-sales-of-traditional-fuel-cars--xinhua-9202160

China is joining Germany and UK to ban petrol & diesel cars in the future.  When more countries embark on this route, there'll be lesser demand for oil.  Therefore, oil prices will crash in the future and those oil producing nations will be in serious troubles because their main incomes will be badly affected.

Great jobs to these countries for saving our planet!

Singapore stock calls for 11 September 2017

No presidential election in Singapore!

We will end our poll as there is no presidential election this year.  It's a walk over as there is only 1 qualified candidate.

The truth is finally out for THAAD system.

https://sg.finance.yahoo.com/news/america-apos-apos-thaad-apos-052300437.html

THAAD system is useless against the North Korean's missiles but the South Korea installed it due to immense pressure from the USA.  The true intention to have the THAAD system in SK is to use the radar to monitor China & Russia.

We had stated previously that THAAD was useless against NK.

http://sg-stock.blogspot.sg/2016/08/economic-crisis-is-developing-in-south.html

SK will definitely need to pay a heavy price for having THAAD.

The power of hurricane Irma.

You wouldn't believe it.  Hurricane Irma was so powerful that it could suck up ocean leaving behind a dry sea bed.

Where did all the water go to?  There you go!

China had tested its missiles defence system near North Korea border.

http://www.scmp.com/news/china/diplomacy-defence/article/2109907/china-shoots-down-incoming-missiles-during-exercise

China missiles defence system shot down incoming missiles during a drill near North Korea border.

This exercise shows that it is combat ready and NK outdated missiles won't be able to pose a threat to China.

ASEAN, HK and China to sign FTAs.

http://en.people.cn/n3/2017/0910/c90000-9266970.html

This is great news for ASEAN, HK & China.  These FTAs are definitely better than TPP.  TPP is an unfair pact because it's designed more for the political motive.

Huawei Kirin 970 chipset is super fast.

Just watch how fast the Kirin 970 chipset processes the 100 photos.  The initial photo processing is slow because of normal chipset but once the German switches to K970, the processing is super fast.

This is how China is progressing.....OMG!

http://sg-stock.blogspot.sg/2017/09/china-has-produced-first-mobile-ai-chip.html

US won't get what it wants in UN vote on monday.

https://sg.news.yahoo.com/us-determined-un-vote-monday-n-korea-sanctions-214836746.html

China & Russia had already stated that more sanctions won't help and these 2 countries have veto powers.

I'm pretty sure Singapore will support the USA.  Singapore didn't dare to vote to ban nuclear weapon in UN.

Car scammer in China!

Car cam is very important in China. You'll be at the losing end without a car cam.  This woman is so desperate and ridiculous.

China has made a decision to shut down bitcoin exchanges.

http://www.caixinglobal.com/2017-09-09/101142821.html

We knew such a thing would happen and we ain't saying this on hindsight.  The qualitative analysis would have revealed that the government won't allow it because allowing it would defy economic sense.

There are basically 3 ways to manage an economy: Monetary policy, Fiscal policy and Structural policy.  Cryptocurrency falls under the monetary policy and the government won't allow another currency in any form to flourish and compete with its own currency.  This will make it very hard for the government to manage its monetary policy, especially during crises.  Furthermore, this type of currency is highly subjected to abuses by private exchanges and criminals.  However, the blockchain technology behind this currency is more valuable than the currency itself and can be put to better use in other ways.

Bitcoin is a manipulated virtual currency that is under the control of a small group of people.  Have you ever wondered why the majority of bitcoin trading is only conducted in 3 countries (China, Japan and South Korea)?

Last but not least, nobody can create money out of thin air.  It's just a wishful thinking!

NASA will be spending USD$3.5b to stop yellow stone from erupting.

http://www.express.co.uk/news/science/844858/yellowstone-volcano-eruption-warning-nasa

Wow! NASA is also an expert in volcanology.  We all know that now!

NASA wants to spend US$3.5b on the yellow stone eruption prevention program.  The prevention theory has yet to be tested and I hope this method won't disrupt or aggravate the yellow stone condition.  There are a lot of things we still don't understand fully about our earth.

Mexico 8.1 earthquake could be caused by solar storm.

2 interesting phenomena happened recently.

http://www.newnationalist.net/2017/09/08/2nd-x-generated-storm-triggers-8-0-mexico-earthquake/

There were 2 solar outbursts and some strange light flashes in the sky prior to the Mexico 8.1 earthquake.

Some scientists are attributing the 8.1 earthquake to the solar storm.