socrates469bc

unfortunately, this wuhan virus can mutates and render any vaccine useless. and it has become a seasonal flu. if it is a economic/financial crisis, it will be easy to solve. but now, this has become a health, economic, financial and political crisis all rolled into 1. if only the us fed has rein the loose monetary policy in 2013 and congress carry out a total reform of the gramm-leach-bliley act, the current situation will not be this bad.

fitch alrdy downgrade genting group to bbb+ with negative outlook means fitch is expecting further downgrading. genting is now in a cash burn situation and at most, their cash will last them for 2 yrs or so. they r praying hard that there is a miracle cure in the next 1 yr. really is karma. wahahahhahaha

waiting for genting group to default on its borrowings and bonds. wahahahahhaha

yup, the siam revolution was on 24th june 1932. dont think there is any reason they choose this date, most likely the students r just dulan with the economic conditions and the incompetent thai govt.

this uncle act cute, kym????

tony go there to pick up tips on how to make good neapolitan pizzas. next weekend, he planning to make neapolitan pizzas for his dakota atb gf and her jiemeis to jiak followed by home-based ktv session. she and her jiemeis will perform this song to entertain tony, kym?????

thats why i say a vaccine needs at least 2 yrs or more. wuhan will stay with us for a long long time. that means no peace center ktvs for a long long time liao. haiz...........

the curse of bangkok prophesied that the chakri dynasty will end 150 yrs after bkk is founded. 150 yrs after bkk founded was 1932, the yr when siam became a constitutional monarchy. democracy monument, where the students gathered, commemorate this event feng shui adjustment for this curse was that the bangkok city pillar shrine has 2 pillar shrines instead of the normal 1. another feng shui adjustment was the Rama VI bridge. https://www.khaosodenglish.com/politics/2017/04/21/curse-haunted-bangkok-150-years-now/ the chakri curse prophesied that the chakri dynasty will only produced 9 kings. https://www.economist.com/asia/2016/12/03/thailands-royal-succession-is-finally-complete the grand palace in bkk was built and expanded over the yrs based on feng shui.

the thai military is very united this time rd for some reason. i think the reason why this political impasse has been going on since 2006 can be attributed to the bangkok curse and the chakri curse. will be interesting to see how the feng shui adjustment carried out by the past Ramas work out.

Chairman Mao is rite!!!!!

got kgk buy is good alrdy. wahahahhahaha

if no job losses, then i worry.

when i grow up, i want to be as sakti as this bkk uncle, kym?????

if the quantitative easing had been rein in 2013, the current situation would have been more manageable and monetary transmission mechanism would still be more than 1. the only way out now is schumpeter creative destruction as the economic system is now having digestive problems with this excess liquidity.

china will not be in a better shape. this is due to the mess in unregulated shadow banking, overproduction, overbuilding and banking frauds. for the us, this will be due to the massive asset inflation over the past decade catching up and the re-emergence of shadow financing in mortgages.

the fundamental issue is still not addressed. the monetary transmission mechanism is broken becos of the relentless loose monetary policy of the past decade. the credit created went into asset inflation, not physical production. thats why despite the banks going into this winter well-cap, it may not be able to sustain the defaults which will arise over the next few mths.

the quantitative easing of the past decade will come back to haunt the world this time with a vengeance, courtesy of wuhan virus. we r now entering an economic cold winter despite some equity markets recouping to pre-mar level. wahahahahhahah

i m inspired by them to be 3-star michellin cook, kym????

tony went to check the biz of his dongbei bbq, grill and hotpot restaurant nearby. so shun bian tabao char kway teow for his kumgong kim kia on his way back.

the reason why germany is successful in subsidizing furlough is becos major parts of the economy r in manufacturing. so when manufacturing demand gradually return to replacement level, some workers will return to work, thereby reducing the overall burden on the budget. for sgp case, the retail-service sector is the major employers and due to its capricious nature, subsidizing furlough is useless. it will be painful yrs ahead as sgp economy works to shed off the over-bloated retail-service sector.

kgk xdd wants to 插头香 to have good luck for the rest of the day.

work stoppage last half and next half will be order cancellations.

if sembcorp marine no loss, then i worry.

watching lecture on 5k yrs of tiong history to find the relevance of today.

kgk xdd finally take my advice to go back to school. later going to kaplan to attend foundation courses?????