An interesting pickup from Mish, regarding the existence of shark loans in property funding in China. Basically, the scheme goes like this: 1. Comrade Lee bought property in 2005 for RMB 4 …

Yet another Double Dip article – this time round from Doctor Doom himself, Mr. N Roubini (he who hates Singapore). From Project Syndicate “Double Dip Days“ NEW YORK – The …

Is risk off again? IMF and EU seems to be betting recklessly (with poker cards facing outwards) that Hungary can be used as a test case for discipline without it having significant impact on the EMU. This will either turn out to be a move of sheer genius, or more likely, a move by a ...

The news on the China property front just keeps getting better (aka Liew should Lie Low for Longer). A Fitch report shows that Chinese banks, in an attempt to shift miserable housing loans off their books to comply with the Chinese Emperor’s heavenly edict, repackaged nearly US$200 billion of mortages into securities and sold them ...

To get the straight dope, it’s always worthwhile hearing from drug pushers on how 1) drugs are good for you, and 2) their drugs are better than any other run-of-the-mill dope out there in the market. So with that, I give you Liew Mun Leong’s treatise on why you should ALWAYS go long on China ...

Since Singapore is arguably the most iPhone-penetrated-pe r-capita country in the world, it’s worthy to note that Consumer Reports has just dissed the iPhone 4, after finding out in RF-isolation tests that yes, iPhone 4 early adopters could actually believe their lying eyes after all, instead of Steve Jobs’ “you don’t know how to hold your ...

A nice little article which is likely to accurately forecast what retail investors in Singapore can expect, once HFT becomes the main money spinner for SGX. In short, retail investors are finally waking up to the fact that they were repeatedly (in the immortal words of our famous Italian spinner) ButtoFuckoed, hence will now choose ...

Reading Bageant is a little bit like running into a waterfall in the cold morning air. It wakes you up. So we thought it might be appropriate to post what this pot-smoking, hard drinking, puta-poking ex Marine cum redneck philosopher has to say about the state of capitalism today. Take it away, Joe. “Waltzing at ...

So that all the surfing will not go to waste, here are a collection of useful items linked to the Profitable Plots scam: First, the sales pitch: http://www.profitabl egroup.com/index.asp x Then, the reality: From CNA “Profitable Plots Investors hold protest at Speakers’ Corner” Some investors of Singapore-based investment firm Profitable Plots took to the …

The co-author of “This Time Is Different” (i.e. he who is quoted ad nauseum on why high debt to GDP ratios are drags on economic growth), Kenneth Rogoff is now a full-blown bear on the Chinese property market. He joins the hallowed ranks of the other famous bears on China, like Jim Chanos (who recommends ...