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Missed a funny from Monday. But this is a pretty good one.From the Onion “New College Graduates To Be Cryogenically Frozen Until Job Market Improves”WASHINGTON—In a bold new me …
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The China shopping spree, alluded to in an earlier post, is about to land you, me and HDB auntie some sweet investments in farmer banks in the heart of rural China.From Bloomberg “Bank of China, Temasek Said to Plan Rural Venture”Bank of China Ltd. and Temasek Holdings Pte may invest as much as 20 billion ...
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Surprise. Not. Very. US Congress issues letter calling China a “currency manipulator”, failing to understand that according to the Confucian analects, currency pegging against the USD is a perfectly acceptable way of paying respects to honorable ancestors. What’s coming? Tariffs. Lots of it. For those who think the economic war between US and China is ...
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The Herald Scotland has claimed that hundreds of bunker-busters have just been shipped to Diego Garcia, waiting to be dropped on a couple of primary schools, some crippled-childrens 8217; charity houses, and a smattering of wedding parties in Iran. According to “experts” ;, it’s better that Obama makes the decision to blow up a few pregnant moms ...
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Ambrose Evans-Pritchard of the Telegraph seems to think so. According to him, the Chinese politburo – like the Iranian Ayatollahs, the inbreds from North Korea, the Okinawans, and more recently, the Mexican drug lords – are acting on the basic assumption that Obama’s spine is as stiff as mee kia that’s been dipped in boiling ...
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While the world markets continue their respective melt-ups, here’s some Big News from China – according to Bloomberg, all loan guarantees by local governments are now declared null and void.Yes. Null and void.For those wondering what the BFD is, try putting yourself in the shoes of those who lent approximately US$3.5 Trillion (yes, it’s T, ...
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Background: Abraham Osheroff (October 24, 1915 – April 6, 2008) was an American social activist, carpenter, war veteran, documentary filmmaker, lecturer, and all-round pain in the ass for …
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It’s hardly news, but at least someone somewhere (Mr. Brown from FT based out of KL to be exact) has put a number – negative USD 5.1 billion – to the “dent” put into Singapore savings arising from our involuntary bailout..cough..inve stment into UBS. For percentage aficionados and statistical freaks, that’s a paper loss of 50 ...
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Citizens around the world barely trust their respective governments to keep roads free of litter, public toilets clean, petty crime from happening, streetlamps working, and gum from clogging up escalators. And I’m pretty sure that this is true of China, just as much as it would be anywhere else – from 1st world to 3rd ...
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R Sivanathy from BT harps on a pet topic of mine, as regular readers would know by reading irregular drivel such as this, this, and this. The points are valid, though Sivanathy softballs the issue, and shys away from outright criticism of the outright conflict of interest inherent in profit-driven market regulator models – such ...
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It’s almost becoming x-rated. The Great Prick is now showing up everywhere, in the midst of a supposed global recovery powered by China, India, Australia, . The Great Prick has been racking up a lot of frequent flier miles – first to Singapore in Sept getting rid of IAS and restarting land sales, to Hong ...
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The founder chairman of the 1997 Asian Crisis Club, Mr. George Soros, is now telegraphing his next big bet. After placing a record number of EURUSD shorts, Good Ole Georgie is moving in for the kill with a well-timed advertorial piece in the FT, immediately after treating Otmar Issing to a Grecian back rub. Hate ...
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From Rolling StoneWall Street’s Bailout Hustle Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash MATT TAIBBIOn January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming ...
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For regular readers, no doubt this morning’s article from BT would have set “Suckers @ Singapore” alarm bells ringing. For those of you are not yet clued in, you might want to read a previous post on how the Chinese government is putting in restrictions on China companies’ ability to raise funding via equity to ...
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Again, a disclaimer: I get a few cents from EWI for recommending this stuff. But again, I have to say that this is absolutely FREE to you, for something which is worth at least a few hundred dollars in value. Covers everything from the US to Asia to Europe, covering equities, currencies, interest rates, and ...
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Maybe it’s the CNY, but I feel compelled to put up some funnies today instead of the depressing drivel that this online rag is more famous for. While this news article (a must-read, btw) is taken from the Onion, I must point out that these were the same guys who were remarkably prescient about how ...
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