A third of US buyers fall behind
in payment:
Quote: As ‘buy now pay later’ surges a
third of US users fall behind in payment.
This is evidence US is reckless in credit,
a lot of people cannot afford to buy. It's fed dereliction of duty not
protecting the value of money entrusted in them by the world and fellow
Americans.
BUY NOW PAY LATER IS A WRONG DESPERATE
ATTEMPT TO KEEP ECONOMY AFLOAT THAT SUGGESTS THE ECONOMY IS IN SERIOUS TROUBLE.
IT MAY TEMPORARILY PROP UP THE ECONOMY BUT COURTS DISASTER LATER WHEN THERE'S
MASS DEFAULT AND OTHERS' SAVINGS IN BANKS ARE SQUANDERED.
THE FED IS CRIMINAL, IRRESPONSIBLE.
Anwar ordered to file his defense
to sexual assault offence by Sept 29th.
Such cases are vetted for merit by senior
police and then passed on to attorney General who decides based on merit
whether to charge or drop so either authorities think there's merit in the case
or it's again blatant persecution of Anwar for political objectives. Now as in
Dr M and Najib's time Anwar is perceived as most dangerous to the ruling corrupt
to be neutralised by hook or crook to ensure their continued hold on power.
How come Azmin was not ordered to file his
defence?
Azmin'a accuser is much more credible and
there's credible video of crime yet case wasn't prosecuted, not permitted to go to court. Anwar's accuser
looks low IQ and shifty.
If Anwar is innocent and Dr M admitted so
much when he said the Azizan case was a fake so the saiful case must be genuine
then all those responsible not just Dr M and najib but many more will have
their minds split in seven and go to hell and they think they are safe.
When a person's head is split into seven he
cannot think properly and there's no possibility of him escaping death and
suffering until his head is unsplit which may take millions even billions of
years.
Many in this world are unfit to be tamed,
it's impossible for them to escape death and suffering, even when I point out clearly to them many
times what's right and wrong still they don't get it but argue with me.
ALOT OF THOSE THE BUDDHA CALLED UNFIT TO BE
TAMED MAY BE BECAUSE THEIR HEADS HAVE BEEN SPLIT IN SEVEN, THEY CAN NEVER THINK PROPERLY AND ARE DOOMED
TO SUFFER AND DIE ENDLESSLY UNTIL THEIR HEADS ARE UNSPLIT EVEN BILLIONS OF
YEARS LATER. NO ONE LEAST OF ALL THEMSELVES CAN SAVE THEM.
Malaysia’s asset and debt bubble
caused by foreign hot money:
It was the surge in evil foreign funds
pushing up the KLSE in huge volumes and price increases and nothing else that
was responsible for the subsequent asset and service bubble propped up by a
huge debt never savings bubble.
THIS SUDDEN SURGE OF PAPER WEALTH GAIN AND
THE CONSIDERABLE INFLUX OF FOREX STIRRED EMOTIONAL EUPHORIA, MANY MADE
FABULOUS PAPER WEALTH GAIN FROM THEIR
STOCK HOLDINGS AND THIS SPURRED THE ECONOMY IN ALL SECTORS TO OPTIMISTIC
OVERDRIVE FOSTERED BY THE ILLUSION THEY
WERE SUDDENLY SO MUCH WEALTHIER BECAUSE THEIR STOCKS HAVE APPRECIATED
HANDSOMELY.
The white man has more blood and karma on
his hands, not the supremacist they think they are.
First they went around the world with their
guns and cannons plundering and colonising everyone and would have done so with
China except for the intervention of WWII then America conquered the world by
having its dollar adopted as reserve currency and they send their funds around
the world causing share surges that they profited handsomely to the detriment
of locals who were deceived by the sudden illusionary wealth of their suddenly
much more valuable shares. The white man money mostly American looking for
returns descended in waves first in Malaysia and asean countries later to India
pushing up paper wealth and speculative in stocks even by farmers.
WHITES ARE BIG DEVILS FIRST WITH GUNS AND
CANNONS THEN CONQUERING WORLD WITH USD THEN WAVES OF HOT MONEY CREATING
DANGEROUS WEALTH BUBBLES ALL OVER THE WORLD.
The modern mostly American emerging market
funds are like pirates coming in driving up share prices mostly buying low
before prices have started rising or through series of selling high buying low
supporting the market to relentlessly push prices higher drawing in local
suckers to buy high and keep high hoping for future gains. They make locals pregnant and locals are
happy to be pregnant not realising they will have to contend with huge later
social and economic costs when these foreign funds who bought low leave taking
with them the USD they previously brought in.
Few will complain if their Tenaga shares
languishing at $5 suddenly jumped to $10 even $15 making them very rich without
any sweat. But has Tenaga suddenly
become this valuable? Impossible, it's
artificially inflated and this set the stage for many social and economic
ills. Many poor borrowed money to play
the market and lost everything, suddenly
society was divided between the haves and have nots, not because the haves were so good or clever
but they had shares or properties or land that suddenly made them millionaires
whilst the vast majority were struggling on a thousand monthly income with
their buying power increasingly shrinking.
FOREIGN FUNDS MADE A KILLING AS THEY CAME
IN AND PUSH UP MARKETS IN EMERGING COUNTRIES LIKE MALAYSIA, INDONESIA AND
INDIA. THEY SPARKED SHARES THEN PROPERTY
AND CONSUMPTION BUBBLES THAT CANNOT BE SUSTAINED FOREVER, CREATED A SEVERE
DISPARITY BETWEEN THE HAVES AND HAVE NOTS.
IT'S A BUBBLE BECAUSE RETURNS IN MANY CASES
CANNOT JUSTIFY THE LOFTY PROPERTY PRICES AND THERE ARE PLENTY OF
VACANCIES, UNRENTED HOUSES AND NON
PERFORMING BANKING LOANS COVERED UP.
THE SHOPHOUSE I RENTED IS CONSERVATIVELY
VALUED AT 1.5 MILLION BUT THE RENT I PAID IS NOWHERE CLOSE TO THAT VALUE AND
YOU WOULD BE A FOOL AND FEW BUSINESSES
CAN AFFORD RENTAL FOR 1.5 MILLION SHOP.
THE BUBBLE FATHERED BY FOREIGN SPECULATORS
OR DEVILS HAS NEVER POPPED BUT STRUGGLED ON LAMELY AND IT REMAINS TO BE SEEN IF
THE PANDEMIC WILL FINALLY DELIVER THE COUP THE GRACE.
A Public Bank officer told me they no
longer foreclose but they restructure or roll over loans which is a form of
kicking the can down the road for future generations to bear the losses that should
be realised now. I believe many bad businesses should have collapsed during the
1997 crisis but they were bailed out at costs to the country not culprits
including Dr M.
BENEATH THE SURFACE THE BANKING SYSTEM MAY
BE CARRYING, HARBORING UNDECLARED BAD LOANS MORE THAN ACKNOWLEDGED OFFICIAL
DEBT, THE COUNTRY MAY BE AFLOAT BY
CHEATING, PRINTING MONEY INSTEAD OF FORECLOSING BAD LOANS, SELLING OFF NO
PERFORMING ASSETS MAKING CULPRITS SUSTAIN THE LOSSES RATHER THAN NATION.
MAS IS GOOD EXAMPLE, NATION TOOK OVER
INDEBTED MAS.
Malaysia is a wealthy nation but it is not
in the hands of the people but a band of big devils and their businessman and
royal cronies who remain in power by bribing foolish voters, dividing with race
and religion. 50 % Malaysia GDP is oil
and gas according to IMF decades ago,
Malaysia has lots of resources like timber but the wealth is in the
hands of a few big devils who know Anwar is their biggest threat and danger.
PKR did the right thing re-gazetting the
Langat forest reserve to preserve it.
Big devils like Dr m shitted all over the
places creating many nonviable businesses and projects that when they failed
they passed them on to the nation to resolve.
MALAYSIA IS RICH BUT THE WEALTH MAY BE
DECEPTIVE, THERE'S A LOT OF HIDDEN DEBTS, AN ASSET AND SERVICE BUBBLE THAT MAY HAVE TO
BURST. THERE'S A RULING OLIGARCH THAT
HAS SHITTED ALL THE PLACE WHILST THEY GRABBED AS MUCH AS THEY COULD WHILST
PASSING ALL THE FAILURES TO THE NATION THEY ARE SO PATRIOTIC TO AND THEY KNOW
ANWAR IS THEIR MOST DANGEROUS NEMESIS.
If Jesus is authentic then there
is life after death, judgment, heaven and hell:
Not even the most fervent of Christians has
proof Jesus is authentic, he existed and is who he claimed to be, the son of
God, sent by his Father. There is indisputable proof Jesus existed and was who
he claimed to be in the New Testament, namely his message about the future
coming of another teacher from God, whom Jesus spelt out clearly without naming
him, what he will do. Thus if in the future there came a man (not woman) who
fits Jesus description then it is indisputable proof Jesus existed and is who
he claimed to be. If this is the case, there is God, life after death, sin and
judgment, heaven and hell.
Jesus said the counselor will teach you all
things and bring to your remembrance all that he has said to you.
Even if you and everyone cannot understand,
refuse to accept, rubbish what I said, I have taught very important,
indispensable truths no one has ever taught in the past and even today. What
are some of the truths no one has ever taught before and today?
1) Truth is never something happening, whatever is a happening is a
pure matter of blind meaningless work that is suffering record replay memory
that overloads and will destroy your memory fatally and it is by bondage to
memory use that you will be trapped to return here eternally mostly as animals.
Thus all news, stories, how things happen are never the truth but units of evil
mechanical enslaving record replay memory with nothing to be understood or
requiring understanding.
2) Everything in existence, both with form and without physical
form (a word, a rule or law, ideas or theories is without physical form) is a
name with a form both of which are fabrications, meaningless matters of memory,
you just have to remember names and their forms and if you are foolishly
greedily enmeshed in the world, there are infinite names with their forms that
you must remember and recall that will overload and destroy your memory
disastrously and it is by memory use that you will be trapped to return here
eternally mostly as animals. Diabetes, medicine, physics, e=mc2 are all names
with forms that are pure matters of memory with nothing requiring understanding
or to be understood.
3) It is style or the use of memory and force to prolong words,
change speed and loudness that is the source of a person’s insoluble renewing
stress, restlessness and distraction and it is style that makes the person a
slave of memory replaying everything he says and does without understanding
from memory, it is the end of style that enables him to understand.
4) There is no truth in ordinary people who all have style because
everything they say or do is replayed standardized from memory to fit many
different occasions, never live specific to the occasion and everything they
say are never matters of truth but only for others to remember. From Biden, Xi
downwards to dustbin men, everything people in this world talk to others are
purely for you to remember never to understand.
5) There is no good in ordinary people because their style
constantly harmfully stir others’ emotions, inflict stress, restlessness and
distraction in others and they are responsible for forcing others to use memory
totally that will trap them to return here endlessly mostly as animals.
It is
this hidden message mankind completely failed to recognized but I immediately
recognized when I first read it and began searching for and found further
references to the counselor that proves Jesus is authentic and therefore there
is life after death, judgment, heaven and hell the vast majority do not realize
they are doomed to after they die.
In
John’s gospel, in his farewell speech, Jesus spoke of the coming of the
counselor who is the Holy Spirit:
"If you love me, you will keep my
commandments. And I will pray the Father, and he will give you another Counselor,
to be with you forever, even the Spirit of truth, whom the world cannot
receive, because it neither sees him nor knows him (the world will not know who
he is or see him); you know him, for he dwells with you, and will be in you.
"These things I have spoken to you, while I am still with you. But the
Counselor, the Holy Spirit (the counselor is the Holy Spirit), whom the Father
will send in my name, he will teach you all things, and bring to your
remembrance all that I have said to you.
But when the Counselor comes (he will not come immediately), whom I shall send
to you from the Father, even the Spirit of truth, who proceeds from the Father,
he will bear witness to me; and you also are witnesses, because you have been
with me from the beginning.
But because I have said these things to you, sorrow has filled your hearts.
Nevertheless I tell you the truth: it is to your advantage that I go away, for
if I do not go away, the Counselor will not come to you; but if I go, I will
send him to you.
And when he comes, he will convince the world concerning sin and righteousness
and judgment: concerning sin, because they do not believe in me; concerning
righteousness, because I go to the Father, and you will see me no more;
concerning judgment, because the ruler of this world (before mankind, this
world had no rulers) is judged.
"I have yet many things to say to you, but you cannot bear them
(understand) now. (A future consciousness change might make you able to bear
what you previously could not) When the Spirit of truth comes, he will guide
you into all the truth (there are other sources of truth that must be higher
otherwise it is pointless to guide to and there is a higher truth in the
Buddha); for he will not speak on his own authority (he appears like someone
speaking on his own), but whatever he hears he will speak (he will not know
everything) and he will declare to you the things that are to come. He will
glorify me, for he will take what is mine and declare it to you. All that the
Father has is mine; therefore I said that he will take what is mine and declare
it to you.
Jesus: Therefore I tell you, every (not some) sin and blasphemy will be
forgiven men, but the blasphemy against the Spirit will not be forgiven. And
whoever says a word against the Son of man will be forgiven; but whoever speaks
against the Holy Spirit will not be forgiven, either in this age or in the age
to come.
This only makes sense if the Holy Spirit
will also come like Jesus came and he will speak like no man has ever done so
if you speak against him you are speaking only against him and nobody else.
The Buddha said God has two sons.
Subrahma and Paramatta Brahma,
together with sons of the Powerful One,
Sanankumara and Tissa (Isa is Jesus):
They too have come to the forest meeting.
Great Brahma (the Father), who stands over 1,000 Brahma worlds,
who arose there spontaneously, effulgent:
Prestigious is he, with a terrifying body.
And ten brahma sovereigns, each the lord of his own realm --
and in their midst has come
Harita Brahma surrounded by his retinue."
Speculators can only short a
currency by borrowing currency to sell:
Only by borrowing ringgit to sell can
foreign speculators profit from a devaluation they engineered by buying back
ringgit much cheaper after it has fallen to repay its lender. Dr M was very
angry with Rashid Hussein for lending for profit foreign speculators ringgit to
attack the ringgit.
The reason why speculators attacked ringgit
not Singapore dollar is because these devils know the Malaysian government and
companies have foolishly made themselves vulnerable by borrowing heavily
overseas tapping USD funds.
1MDB is a good example of Najib and
Malaysian government desperate for money to steal and fund coming election
borrowing overseas to use locally. The
Malaysian government and Malaysian corporations borrowed heavily overseas to
finance domestic expansion and keep economy hot and this opened Malaysia to
currency attacks.
Speculators cannot attack by buying ringgit
because they can only buy ringgit by selling US dollars to Bank Negara and it's
self-defeating selling the ringgit they just bought because Bank Negara will
just return the USD they brought in.
To engineer a devaluation in which
speculators profit from Malaysians who are the losers because their ringgit is
now worth less because of the folly of their government and companies borrowing
heavily overseas speculators must borrow never buy ringgit to sell and when
they have successfully forced the ringgit to devalue they buy back the much
cheaper ringgit to return to lenders.
The Malaysian government and companies are
to blame not living within their means but instead borrowing heavily overseas
to expand and spend. Speculators are evil opportunists, sharks looking for a
killing and Malaysians are the victims whose wealth has been stolen by
devaluation.
No one taught m economics and finance, I
worked it because I understand what I see.
Working out what's happening is a matter of memory, logic is using
memory to work out what's happening.
There's true and false or faulty
logic. My logic is not faulty unlike
many.
In today's world of international finance
the affluence of many countries including Malaysia, Australia, Thailand and
indeed even Singapore may be an illusion generated by debt not wealth even if
Australia is quite a wealthy country, because government and the nation's
companies including banks can borrow internationally to lend to local consumers
whose spending boosts the economy artificially and leave the nation vulnerable
to currency attacks and bankruptcy.
LOCAL BANKS WITH BANK NEGARA CONNIVANCE CAN
BORROW HEAVILY FROM FICKLE INTERNATIONAL FINANCIAL MARKET TO LEND TO LOCAL
CONSUMERS AND COMPANIES TO SPEND AND LIVE BEYOND THEIR MEANS IN BOLEHLAND THAT
LATER RISKS DEVALUATION AND LOSS TO CITIZENS,
THEY STRUGGLE AND CANNOT REPAY FOREX DEBTS THAT NOW ARE MUCH GREATER
WITH DEVALUATION. WHEN YOUR RINGGIT HAS
SHRUNK IT BECOMES MORE DIFFICULT TO REPAY YOUR USD DEBTS.
When PH first came to power Dr M rushed to
Japan to arrange samurai bonds to retire bonds that were coming to maturity
meaning borrowing to repay maturing debt or roll over or kicking the can down
the street.
It's said during 1997 crisis Taiwan lent
Malaysia billions to be repaid by future oil which means the oil in the ground
may already belong to Taiwan not Malaysia.
It's the reckless Malaysian government,
banks and companies who borrow heavily overseas to keep the economy hot and the
country appear more affluent than it is in truth but when the nation's currency
is attacked and devalued citizens lose and the nation may not be able to repay
its debts because the debts have become much bigger with devaluation.
I THINK AUSTRALIA TOO IS IN THIS
SITUATION, A LOT OF ITS AFFLUENCE
INCLUDING HUGE PROPERTY PRICE BUBBLE IS BASED ON LIVING BEYOND MEANS ON BORROWED
INTERNATIONAL MONEY THAT CAN TRIGGER A DEVALUATION AND BY ANTAGONISING CHINA
THE MAJOR CONSUMER OF IT'S MINERALS AND AGRICULTURE AUSTRALIA MAY BE COURTING
BANKRUPTCY.
This may be the source of the rumours Dr M
laundered billions through Taiwan banks.
During 1997 crisis Malaysia was desperate for a bailout or cash and
Taiwan bailed Malaysia out secretly through a barter deal of cash now repay
later in oil. Taiwan has no diplomatic ties with Malaysia.
Modern man not evolved but
getting more sick:
The Samsung smart TV remote is slick and
minimalist like Apple but it is poorly designed, the back is too smooth I
cannot apply enough traction to open cover to change battery, luckily I am
resourceful, I stuck piece of adhesive Micropore tape to improve traction and
it worked.
STYLE TRUMPS OVER FUNCTIONALITY NOWADAYS
AND IT'S MAD. IF THERE ARE RIBS IN COVER
I CAN EASILY OPEN IT.
I CAN FIND OTHER SIGNIFICANT SAMSUNG FAULTS
ELSEWHERE, SO TOO MANY OTHER EXPENSE BRANDS AND PEUGEOT CARS. MAN IS GETTING
SICKER NOT ADVANCED.
I own 2 Samsung Qled TV and both remotes
suffer from same flaw, often TV turns on
by itself after I switched off, it is a nuisance, a few times I return to find TV on. It's
unlikely a glitch but design fault because both remotes have same problem. It took
me a while to work out the functions on remote because it's not very logical.
Insincere call for unity
government:
If they are sincere about an unity
government they should appoint Anwar as health minister, it is a hot seat, difficult
job but with proper uncorrupted advisers he will shine far brighter than Khairy
but they cannot do that there's plenty of money to be made and they cannot let
Anwar demonstrate his expertise.
Jocelyn the deluded Star columnist thinks
Khairy is shining and has the X factor.
This is delusion with karma.
X factor is a fabrication, doesn't exist,
it may imply Khairy is sexy or desirable which is subjective, false.
NO ONE HAS THE X FACTOR. NOT EVEN JESUS AND
SO ANYONE SPEAKING THUS INCURS KARMA TO BE REPAID AS SUFFERING.
Mooncakes can be expensive but they are
toxic not unadulterated food for those who see correctly like me.
Someone gave me 4 cakes and they are
individually wrapped nowadays and come in a box not environmentally
friendly. Remember olden days when
kacang putih came in rolled conical newspaper and sold for 10 cents? No frills,
razzmatazz.
I only ate half a cake daily and wisely so.
The cakes are so sweet and preserved I sense it upsets my digestive system and
even mental state. High sugar high
osmotic concentration may disrupt electrolyte balance.
FOR HOURS AFTERWARDS I EXPERIENCE BODY AND
MENTAL QUIZZINESS, ALOT OF WIND. THESE MOONCAKES MAY BE EXPENSIVE BUT THEY MAY
BE OUT TO KILL YOU NO MATTER WHO YOU ARE, CAN GIVE YOU DIABETES AND WORSE, MAKE YOU SUFFER INDIGESTION AND AFFECT YOUR
MENTAL STATE.
America may be living on borrowed
time:
Yesterday there were many tremors in a dangerous Canary
Island volcano with a crack wall and its eruption and collapse of the wall into
the Atlantic Ocean may cause a devastating tsunami towards Eastern America. A
similar crack in a major Hawaiian volcano may produce a collapse that trigger a
tsunami towards California.
America doesn't realise it's done much wrong to the world
with much suffering due and it's far from secure but any moment nature or karma
can wreak many devastating on it that will turn its day into night. Even now America
is in serious financial, economic and social decay but any moment the eruption
of a canary Island volcano can trigger a massive tsunami with 50 feet high waves
that will drown Florida because Florida is less than 100 feet above sea
level. This tsunami will also devastate
its east coast including New York. A Cascadia mega quake with tsunami could
devastate oregano and Washington States and could trigger a Yellowstone
eruption. The San Andreas fault quake could destroy California.
ANY MOMENT AMERICA CAN BE DEVASTATED BY MEGA DISATERS.
HAWAIIAN AND CANARY ISLANDS ERUPTIONS CAN TRIGGER MASSIVE TSUNAMIS DEVASTATING
EAST AND WEST COASTS, CASCADIA QUAKE TOO
CAN TRIGGER GIANT TSUNAMI. YELLOWSTONE
CAN ERUPT ANY MOMENT.
Was the Nikkei crash a successful
attempt by America to undermine gullible Japan?
The Nikkei crash may have been the first successful attempt
by the deep state in America to destroy a potential usurper to its throne.
Japan thinks America is a great friend but it may be the treacherous devil who
caused Japan's downfall.
It was foreign mostly American funds investing in Japanese
stocks that kept pushing the Nikkei
higher and higher and foolish Japanese were thrilled, thinking they have become
supreme, everyone including housewives
piled into the market helping to propel the Nikkei even higher and the collapse
of the Nikkei wiped off the savings of many resulting in a depression Japan
never recovered.
Even now America may be targeting to bring down China. Biden
meeting Putin may be to recruit Russia to turn against China.
AMERICA MAY BE RESPONSIBLE FOR BRINGING DOWN JAPAN THROUGH
PLAZA ACCORD AND FUNDS INVESTING IN NIKKEI PUSHING IT INTO BUBBLE TERRITORY
JUST AS LATER AMERICAN FUNDS HELP PUSH MANY DEVELOPING COUNTRIES LIKE MALAYSIA
AND INDIA INTO DANGEROUS STOCK BUBBLES TERRITORY.
Money is not only also a weapon, it's a powerful weapon that
be used to destroy others , your enemies and this is what America is doing with
sanctions that crippled Russia, Cuba , North Korea, Vietnam, Iran, Venezuela.
America does research into all sorts of weapons, chemicals,
biological, psychological, whatever and
so surely it didn't fail to recognise money as a powerful weapon to undermine
others.
All these American funds were welcomed by local governments
because they boosted their stock and property markets and so the economy but
they were evil, foreigners bought low
and sold high, sucked in greedy foolish locals to bet their savings in the
stock market and they lost to these foreigners.
The opening of financial markets allowed countries to foolishly borrow
internationally and when they built up excessive debts they were ambushed by
speculators causing their currencies to devalue making it more difficult if not
impossible to repay their debts so they become slaves to the big devils behind the
international finance.
The media too is a powerful weapon and America and the deep
state has full control over newspapers, TV,, Internet, radio and they can
control the masses with false news, get
away with anything including assassination of jfk, 9/11, war crimes,
everything.
THE WORLD MEDIA IS NEVER FREE, NEVER TRUE AND GOOD BUT
BROADCAST THE AGENDA OF AMERICA AND THE DEEP STATE.
Trillions of derivatives may
collapse the world banking system:
There may be trillions of unsecured or poorly secured loans
riding on the world financial system and their rising defaults may be why the
fed kept pumping billions into the repo market.
There's a huge secretive shadow banking system outside fed
control in this world as acknowledged by Paul Krugman decades ago involving the
likes of Goldman Sachs and they manage, keep accounts of trillions of
derivatives dangerously not subject to fed control.
Warren Buffet said he couldn't understand derivatives and
the truth is they are mad greedy concoctions to permit irresponsible lending
farming off risks to unsuspecting third parties and according to Buffet they
are weapons of mass financial destruction,
can wipe out the financial system of the world and there are trillions
of such shadowy unregulated loans.
Derivatives are very complicated but essentially outsourcing
risks in making a loan to a foolish third party who accepts the risks for a
commission thinking they can pay for a default and still profit. But in the
mortgage crisis of 2008 when there were mass defaults insurers like AIG
defaulted, did not cough up the money
and had to be bailed out by the fed.
Goldman Sachs invented derivatives and keep its books and
there are allegations there are trillions of derivatives that may be poorly or
not secured whose collapse could devastate the financial system.
Because lenders had bought derivatives they think they have
secured the risks to their lent money so they lent indiscriminately to anyone
but the insurers may lack the resources to cover mass defaults like in a pandemic.
THERE ARE TRILLIONS OF HIDDEN DERIVATIVES IN THE SHADOW
BANKING SYSTEM OF THE WORLD. GOLDMAN
SACH IS THE INVENTOR OF DERIVATIVES AND THE MASS DEFAULTS OF LOANS AS MAY OCCUR
IN A PANDEMIC MAY TRIGGER A FINANCIAL SYSTEM MELTDOWN.
American terrorism dwarfs Islamic
terrorism:
THERE'S ISLAMIC TERRORISM BUT IT IS FAR EXCEEDED BY AMERICAN
TERRORISM AND MAY BE PROVOKED BY THE WEST.
ANYONE WHO TALKS ABOUT ISLAMIC TERRORISM MUST FIRST TALK
ABOUT WESTERN COLONIALISM, TERRORISM
PARTICULARLY AMERICAN.
AMERICA HAS KILLED MILLIONS OF CIVILIANS IN WARS LIKE
VIETNAM IRAQ AND AFGHANISTAN, IN DEPOSING MANY LEGITIMATE LATIN AMERICAN
GOVERNMENTS LIKE CHILE ALLENDE. AMERICA MAY HAVE INSTIGATED THE IRAN IRAQ WAR
TO TOPPLE IRAN, THEY MAY HAVE SUPPLIED
SADDAM WITH CHEMICAL WEAPONS HE USED AND MILLIONS DIED IN THE CONFLICT.
HOWEVER BIG ISLAMIC TERRORISM IT'S DWARFED BY WESTERN
COLONIAL AND AMERICAN OFFICIAL TERRORISM SO BEFORE YOU FOCUS ON ISLAMIC
TERRORISM YOU MUST TALK ABOUT AMERICAN TERRORISM LIKE USING CLUSTER AND NAPALM BOMBS, CARPET BOMBINGS IN VIETNAM, MISSILES FIRED FROM DRONES AND HELICOPTERS,
LOTS MORE.
Quote:
Yesterday , the Chairperson of the Reserve Bank of USA ,
Yelen , who is like our Governor of Central Bank , quietly and without any
fanfare flew to Beijing, China to have unofficial discussion on monetary
matters !
What is actually the
urgent matter is everybody’s guess . But officially Yelen announced that the US
Treasury is running out of Cash !
Yes , Cash !!! And
she indicated that if Congress does not increase the limit of loans the Govt is
allowed to raise , there is no money to spend by November this year . In short
, the US Govt is broke !
And needs to borrow
more or print more money !!!
But why the trip to China ??? On record , China has Foreign
Reserves of equivalent to USD 3.2 Trillions !!! Of this about USD 1.4 Trillion
in US Dollars or USD IOU Notes !
I suspect the Redemption Dates of some of the IOU Notes are
due and the interest on other IOUs needs to be paid on the due dates .These
payments perhaps need some negotiations*as US is short of funds!!???
Can you imagine that ??? If this is the situation , the
powerful, rich and master of the world nation is broke ! It actually owes
everybody else some USD 28 Trillions if I am not mistaken . And they need to
spend some USD 3+Trillions more under the forthcoming domestic infrastructure
repairs , and improvements programme ! The signs are bad ! China seems to be
the *Ah Long lender now to USA !!!
How the Buddha sleeps:
The Buddha doesn't lie on his back let
alone sleep on his back. This is the position he called the lion's position in
which he sleeps usually for 2 hours at night,
the rest of the night is spent in meditation.
The Buddha and the enlightened do not
dream, that's fabricating, all enlightened ones have stopped
fabricating, stopped using memory.
He sleeps on guard always on his right side
supported by his right arm not pillow and this is likely the posture in which
he passed away to nirvana.
The Buddha sought high and low for
enlightenment, the way if possible out
of endless deaths and suffering in which apart from meditation he subjected
himself to all sorts of austerities and punishment including starving himself
to skin and bones, stop breathing,
sleeping in cemeteries to conquer fear and finally in meditation he broke
through the previous darkness when he finally stopped all fabricating, all
using memory when vision suddenly aroused in him, he saw all his past lives,
saw how beings are born and passed away according to their karma and he saw the
path completely out of suffering. Until
he had travelled this path out of suffering many times did he become confident
he had discovered the path totally out of endless meaningless deaths and
suffering.
And this only path forever out of suffering
and death consists of the first, second, third and fourth higher states of the
mind, abandoning forms for infinite space, abandoning space for infinite
consciousness, abandoning consciousness for nothingness then neither perceiving
nor not perceiving and finally with the total end of fabricating or using
memory, vision arose.
Tony Pua is a robot:
Quote: Bipartisan cooperation MOU is a way
for PM to prevent kleptocrats from coming into power.
This is rubbish never the truth, no need to attribute noble motives for
mou. Najib is not the only
kleptocrat, always and even now
kleptocrats are in power.
KLEPTOCRATS HAVE NEVER LOST POWER EVEN
DURING BRIEF PH STINT WHEN DR M WAS NOMINALLY IN CHARGE. NO NEED TO ATTRIBUTE
HIGH OBJECTIVES.
Tony Pua may not be a kleptocrat but he is
seriously deluded and so dangerous to himself and others.
I have seen him speaking and he's a robot
replaying from memory his speech and movements,
he has no understanding, everything is done by memory, emotions and
feelings.
THERE ARE NO PART TIME ROBOTS AND PART TIME
DELUSIONERS. ALWAYS THEY ARE DELUDED AND
ROBOTS UNTIL THE DAY EVEN EONS LATER WHEN THEY SHED THEIR STYLES TO BECOME
MASTERS OF THEMSELVES ENDOWED WITH UNDERSTANDING.
Did US pull out of Afghanistan to
redeploy forces against China?
did America hastily pull out of Afghanistan
to redeploy its forces to confront China in a limited or full scale manner to
destroy China? America has now pulled out its Saudi missiles against protest
possibly to retarget China. Taiwan may
be used as a pawn, excuse to attack China.
America and McAarthur was actually defeated by China in Korea and McArthur
was refused use of nuclear weapons against China.
The Buddha's parting of the red
sea.
Once the area the Buddha was staying was
flooded and concerned brahmins went in a boat to search for him and they saw
him standing in a patch of land surrounded by raging water.
The Buddha said no poison, arrow or fire
can touch those who are noble. Jesus
said if you have faith as little as a mustard seed you can tell a mountain to
move and it shall be done. The Buddha
can touch the sun and moon with his hand and go through walls.
THE BUDDHA SAID THERE ARE THINGS THAT ARE
POSSIBLE AND THINGS THAT ARE IMPOSSIBLE,
IT IS POSSIBLE TO PART THE RED SEA AND THE BUDDHA DID THE SAME BY
PARTING FLOOD WATER. IT'S IMPOSSIBLE THE
BUDDHA, GOD AND THE DEVIL CAN BE A
FEMALE, ALWAYS IN EVERY WORLD CYCLE THEY
ARE MALES.
The wealth of the world is an
illusion; the debt is real and massive:
The wealth in this world is an
illusion, the debts are very real and
many times more than apparent, this
illusion cannot be sustained forever but as the disparity between real wealth
and debts enlarges it must burst with devastating consequences to the many who
foolishly borrowed, lived on borrowed
money and when they collapse they will also devastate the entire social,
economic and financial system.
A million deposited in a bank can spawn
many millions of loans through repeated cycles of lent, used and redeposit in
the same or different banks and until all the borrowers returned their
borrowings there's actually only one million in the system but many millions in
debts in the system. In good times when
everybody is servicing their loans and bankers are scrupulously in lending to
those who are credit worthy for productive purposes then this illusion of
wealth supported by debts many times greater greater can be sustained. But when
reckless bankers and conniving corrupt politicians allow indiscriminate lending
for consumption beyond the means of borrowers eg to buy fancy cars and houses
and politicians and their business cronies steal billions from the banking
system and are immune from prosecution not just in Malaysia but all over the
world including America and UK then this is a
recipe for final financial collapse that wicked authorities in modern
times have learnt to delay by cheating,
keep printing money to replace money that has been lost through bad
lending but this only delays the final and inevitable bursting that will be
even more catastrophic when it finally comes.
The higher you go the more painful will be the final crash or falling
down to earth.
Australia is rich but it has been living
way beyond its means just as Malaysia and Thailand have been doing because its
government, banks, companies and
individuals have been borrowing from the international financial system and
should international financiers pull their plugs, want their money Australia
will be in dire straits because it does has the foreign reserves to repay
leading to drastic drop in value of the AUD that makes it even harder if not
impossible to repay.
Even China is dependent on foreign money
and investors for its boom and vulnerable to their exit.
America foremost has been living way beyond
its means by printing never earning the money it uses to buy racking up
mountainous unpayable debts with the world.
So who are the creditors, winners of the
world?
The wealth of the world is now in the hands
of a few wealthy, corrupt and evil few whilst the majority see their share
shrinking and shrinking.
These wealthy winners are rich individuals
like Gates, Bezos, Soros, Rothschild’s, multinationals like
Microsoft, apple who control a lot of the wealth and are never going to return
it to the system. And even the wealth of
these powerful secretive entities are much less than they think because there's
actually only one million in the system but many millions in unpayable debts in
the system lent for fruitless extravagant consumption.
THE TIME MAY BE COMING FOR THE FINAL MUCH
DELAYED POSTPONED CRASH THAT WILL BE EVEN GREATER BECAUSE THE BUBBLE IS VERY
BIG AND GLOBAL WHEN MANY WILL FIND THEMSELVES LIKE CINDERELLA AFTER THE BALL.
Death can only be delayed never cancelled,
it comes to everyone, everything taught the Buddha, whatever is subject to
arising is subject to ceasing.
And so a boom or bubble is born and must
finally died. The modern boom should
have died long ago but men have delayed it they think cleverly by keep printing
money but the cancer has become very big and monstrous and when it finally
collapses not too long now it will be all the more painful.
If everyone kept their money at home and
personally lent their money there would not be reckless over lending with
corruption and risking collapse with everyone losing their money.
AND SO IT'S THE INVENTION OF THE BANKING SYSTEM
WHERE EVERYONE ENTRUSTED THEIR WEALTH TO TREACHEROUS BANKERS IN RETURN FOR
INTEREST PAYMENTS THAT HAS LED TO BIG BOOMS THAT END IN BUSTS THAT IN MODERN
DAYS CENTRAL BANKERS THINK THEY CAN ABOLISH BY PRINTING MONEY TO REPLACE THAT
STOLEN BY THE CORRUPT OR LOST THROUGH BAD LENDING
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