socrates469bc

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?????

Yes!!!!! No to overpriced tourist bkt!!!!! suppot our community bkt!!!!!!

nb, during the good times after mbs is built until 2016, can see many tiong tourists crowding that place for a good 7-8 yrs. alrdy earn gao gao liao even if close shop.

the number of kgks in this world is sometimes unbelievable.

live in hdb but has 3 condo????? those people go help him really is kumgong to the max.

mai jelly uncle me can still pew pew 3x per 2hr session like a xdd. i know of a kgk xdd who after pew pew once is so tired must sleep 90minutes in atb's room. wahahahahha

diam diam lah kgk xdd. i every weekly session must pew pew 2 or 3x and each session is 2 hrs, song bo??????

haiz............ nowadays feel tired. maybe weather making me feel under. xdd wants to exercise but mood not there.

many kumgong kias spotted in pic. whether the towkay make it or not, he also wont donate to charitable causes. these people really r jin kumgong to the max.

yeah, this nippon kia quite lucky to have his alibaba investment to save him out from the dot com burst and this current mess. this time round, he shld be able to emerge financially unharmed but with badly damaged reputation. his softbank group only contributed usd28bln to his vision fund, so if writedown, also no big deal since alibaba stake more than cover the loss.

i wear bermuda, kym?????

the originator of this strategy.