The true modern world history?
Ever since the white man invented the gun
and cannon he has taken turns to conquer, colonize, plunder unchallenged
helpless natives in turn all over the world, first the Portuguese and Spaniards
then the French and Dutch and finally the British who built the world's
greatest empire that has been rated the most evil more than Nazi Germany, they sold
negroes to work as slaves in America and Caribbean. It was karma that the guns
they used to persecute the world made Europeans turn it on themselves in two
bloody world wars that decimated and weakened them and after WWII America
became top dog and by getting its currency to be adopted as world reserve
currency it de facto conquered the world without firing a shot because it could
pay for everything the world produced by money it prints without earning. Still
it engaged in many wars with nations it can bully, toppled nations to install
leaders favorable to America and it imposed crippling sanctions on nations that
dared defy it like North Korea, Cuba, Iran and much more.
America could do anything with impunity, it
controlled the media and system, could assassinate JFK and RFK, stage 9/11 and
possibly caused the pandemic.
Behind the scenes the white nations
together with powerful Jewish financiers control the world, will not allow
control to pass to non white countries like Japan and now China so there may be
secret actions to undermine China now that it's a threat to white supremacy.
Not all whites are racists just as not all Malays or Chinese are racists but
secretly behind the scenes there's a band of white devils pulling the strings
who can do terrible things without conscience.
What is the difference between my
advice and Prince Harry’s?
What's the difference? Prince Harry advises
people to vaccinate, I also advise people?
My advice eg no style and no emotion will lead
others to release from stress, restlessness and distraction here and escape
from endless deaths to heaven, his advice will not lead to escape from
suffering but may expose others from hidden dangers of vaccination like heart
damage.
US Climate envoy Kerry tells
Chinese leaders, climate not about politics:
America is a big culprit if the biggest
culprit in climate change and it should not need others to join in but
regardless of what China does it should correct itself regarding climate change
before lecturing to China.
Trump himself and many leading politicians
are climate change deniers and the US is itself responsible for the lion's
share of global emissions, he is scolding China as if us is right and China
wrong. Both are wrong, mankind is wrong
but America bears the lion's share of wrong in its profligate consumption
buying goods from the world with currency it prints.
You don't need supernatural powers to see
that mankind has long past the point of no return in correcting disastrous
global warming. It's human delusion that
mankind can turn back the clock.
THE EARTH IS IN THE MIDST OF A GREAT MASS
EXTINCTION OF PLANTS AND ANIMALS AND IRREVERSIBLE CATASTROPHIC GLOBAL WARMING
FOR WHICH MANKIND IS RESPONSIBLE AND WILL SUFFER AND PERISH. NOW YOU SIN LATER YOU PAY, THE TIME TO PAY IS
COMING.
Standing with and without style:
An upright bottle is self-supporting, will
not topple over whilst a tilted bottle will topple over unless it's held at the
base.
In the same way the most stable,
comfortable, self-supporting, least work and suffering posture for a body
standing is when everything is straight,
the head is not tilted forward, sideways or forward, the spine is straight not rotated, bent sideways or forwards or backwards, the shoulders and hips are forward facing not
twisted or tilted. When sitting the lotus position with erect straight back and
crossed legs is the most neutral posture.
ANY POSTURE WITH TWISTS AND TURNS, BENDS IN
SPINE AND LIMBS MAY APPEAR STYLISH OR PROVOCATIVE BUT THEY ARE NEVER FREE BUT A
LOT OF MUSCULAR AND BONE WORK THAT'S SUFFERING AND HARMFUL MUST BE DONE TO
SUSTAIN IT AND THE ONLY WAY A PERSON CAN STAND PROVOCATIVELY LIKE ELVIS OR
MARILYN MONROE IS BY MEMORISED REPLAY MAKING HIM A ROBOT BEHAVING BY REPLAY.
STANDING WITH STYLE IS WORK AND SUFFERING
TRAINS YOU TO MAKE YOURSELF SUFFER TO IMPRESS OTHERS, IS THE WAY TO HELL NEVER
HEAVEN.
WHETHER YOU CARE OR NOT THERE IS PROPER AND
IMPROPER STANDING AND SITTING, SITTING SLOUCHED ON SOFA IS IMPROPER AND
WHATEVER IS SITTING AND STANDING IMPROPERLY IS SUFFERING AND LEADS TO WORSE
FUTURE SUFFERING NOT HEAVEN.
The US is wrong to freeze Afghan
& Iranian assets:
Quote: US has no plans to return billions
Afghan assets, Treasury says.
The US treasury is wrong never right to
freeze billions of Afghan & Iranian assets as a result of hostility, the
money does not belong to the US and should be returned to its rightful owners.
If the US has claims of loss or damage it could be deducted from the money but
then it is likely if not certainly there are claims to loss and damage by the
counter party to US actions.
AMERICA IS NEVER GOOD AS IT LIKES TO THINK
BUT IT IS A BIG BULLY ABUSING ITS STATUS AS TOPDOG.
Jesus said it is easier for a camel is go
through the eye of a needle than a rich man to go to heaven.
God can shrink a camel such that it can
easily go through the eye of a needle but not even God can cleanse a rich man
of his evil and sins so that he can go to heaven and it is unlikely if not impossible
a rich man will give up his wealth let alone cleanse himself of his evil and
sins.
Air quality has improved during
the lockdown:
Air quality is a material and memory
subject and never requires understanding to undertake, those interested must use
their memory and they are attached to their petty lives here and will perish
and return to this world mostly as animals.
Air quality is something you must measure
using instruments, it is a number you remember and recall and the reason a
person is interested is because he is concerned with his perishable life here.
LIKE A SCIENTIFIC SUBJECTS, STORIES, NEWS
AND INFORMATION, AIR QUALITY IS A PURE MEMORY SUBJECT THAT HAS NOTHING TO BE
UNDERSTOOD, WITHOUT USING MEMORY THAT IS SUFFERING, OVERLOADS AND WEARS DOWN
MEMORY NO ONE CAN PARTAKE OF THE SUBJECT OF AIR QUALITY. IT IS BECAUSE YOU ARE
CONCERNED WITH YOUR MEANINGLESS PETTY LIFE HERE, NOT BECAUSE YOU ARE SO GOOD
THAT YOU ARE INTERESTED IN AIR QUALITY.
THOSE WHO HAVE DESTROYED THEIR STYLE HAVE
EXPERIENCED AN EFFORTLESS RELEASE FROM STRESS, RESTLESSNESS AND DISTRACTION AS
TO BE NOT INTERESTED IN SUCH MEANINGLESS SUFFERING MATTERS THAT TRAP THE FOOL
TO RETURN TO THIS WORLD.
It is easy no problem for me to
give up this world:
It's easy no problem for me to give up this
world, leave this world because my mental happiness and freedom from suffering
far exceeds whatever happiness this world can offer. The Buddha is correct in
saying what people call happiness the wise have found is suffering, nowadays I see this world as rubbish,
wrong evil and suffering, those things I
hold dear in the past eg music and memories are rubbish, poisonous and evil because they detain you in
this world.
PEOPLE HAVE NO TASTED THE FOUR HIGHER
STATES OF THE MIND, ALL THEY HAVE GOT IS THIS WORLD AND SO EVEN THOUGH IT GIVES
THEM MUCH PAIN AND GRIEF THEY CLING TO IT BECAUSE THEY HAVE NOTHING BETTER TO
TURN TO.
THE FIRST FUNDAMENTAL STEP TO EXITING THIS
WORLD FOR HEAVEN IS THE DESTRUCTION OF YOUR STYLE, TRULY NO PROLONGING WORDS,
CHANGING SPEED AND LOUDNESS SO THAT YOU ARE NO LONGER A SLAVE TO YOUR MEMORY
THAT DICTATES EVERYTHING YOU SAY OR DO.
US wrong freezing others’ money:
Not only has America wrongfully refused to
return Afghani and Iranian money it has squandered the money together with the
trillions kept in its trust by China, Japan on wasteful consumption such that
it is now impossible for it repay except by printing worthless money.
To humans it's tough luck to Afghanistan
and Iran and China but karma may make America pay painfully for fiduciary
irresponsibility.
Knowing it's other people's money kept in
its trust the US treasury has a duty to ensure the money is lent to borrowers
with top class credit worthiness and collaterals backing loans but this is
never the case, people with no
collaterals, no income and full of debts are still able to borrow.
Are they going to build more golf courses,
resorts, condos, shopping centres and bungalows in the de-gazetted Langat
reserve land? With the glut of property developments and a pandemic that can
potentially bankrupt the country irresponsible greedy people are still thinking
of more property development they will undertake by borrowing huge amounts from
people's money deposited in banks and should they collapse they escape scot
free because they are privileged.
American snub:
Biden met Putin but till now there's no
meeting with Xi, unlikely there will be.
THIS IS LIKELY AN AMERICAN SNUB. ONLY EMOTIONAL ROBOTS WITHOUT UNDERSTANDING
SNUB, A PROGRAMMED ACTION BASED ON EMOTION THAT'S WRONG, MAD, MEANINGLESS AND DANGEROUS.
ALL EMOTIONAL PEOPLE WITH STYLE ARE ROBOTS
REPLAYING FROM MEMORY WITHOUT UNDERSTANDING. A SNUB IS INTENDED WRONFULLY TO
PUNISH OR ATTACK ANOTHER BY IGNORING HIM.
China cuts children’s online
gaming time to one hour:
What China is doing that the rest of the
world is not doing is correct even though it is for wrong materialistic
purposes. Gaming is evil, I have never and will never game because it's
suffering, addictive, you are a robot of the game and lead to more
suffering.
THIS IS DISCIPLINE AND ONLY CHINA DOES
THIS. GAMING IS EVIL AND SHOULD BE BANNED, EVEN IF YOU PAY ME A MILLION I WILL
NOT GAME, IT'S SICK AND MAD.
THERE ARE MANY THINGS CHINA DOES THAT'S
CORRECT EVEN IF THEY ARE FOR WRONG MATERIALISTIC REASONS AND THIS IS WHY CHINA
HAS ADVANCED SO FAR SO FAST.
You can quit smoking and drinking for heath
reasons and that's doing what is right for the wrong heath reasons.
You can quit drinking because it's evil, harmful
and dangerous to yourself and others eg drunk you can crash killing yourself
and others or drunk you can rape someone and end up in jail, lose your job.
STOPPING EVIL FOR RIGHT REASON IS
HIGHEST, STOPPING EVIL FOR MATERIAL GAIN
REASONS IS RELATIVE RIGHT.
Rushing and hurrying are styles
of actions:
You can only rush or hurry if there is
style in your action or walking, without style no one can rush or hurry and
there are a lot of pressure from self (greed) and others (boss want you to
rush) to rush and hurry.
When a person rushes he accelerates and decelerates
(change speed up and down) in speed and strength to accomplish his action eg
gobbling up food as quick as possible and in the process he may bite his tongue
or gag. You can only rush if you have a plan of action that you replay with
quickened speed.
ONLY ROBOTS RUSH AND IN ORDER TO RUSH YOU
SIMPLY REPLAY THE ACTION WITH ACCELERATING SPEED AND STRENGTH TO ACCOMPLISH
TASK AS FAST AS POSSIBLE.
After lifelong rushing the urge is
irresistible and the truth is if there is residual rushing you remain a robot
replaying from memory and there is suffering that is significant.
UNTIL A PERSON TOTALLY ENDS ALL RUSHING HE
REMAINS A ROBOT AND THERE IS SIGNIFICANT RESIDUAL STRESS, RESTLESSNESS AND
DISTRACTION.
JOYFUL IS THE MAN WHO HAS REACHED THE END
OF ALL STYLE, ALL RUSHING FOR HE IS TRULY MASTER OF HIMSELF.
Up until recently there was significant
residual changing speed and strength in my motions like getting up from chair,
walking, doing things like typing and brushing teeth that contributed to
significant stress, restlessness and distraction that I identified and ended
resulting in further relief from suffering.
EVEN I HAS SIGNIFICANT RESIDUAL SPEED AND
STRENGTH CHANGES IN MY DAILY MOTIONS THAT WERE NEVER HARMLESS BUT CONTRIBUTED
TO SIGNIFICANT SUFFERING. WHEN I STOPPED THEM I EXPERIENCED FURTHER REDUCTION
IN SUFFERING NOT POSSIBLE PREVIOUSLY.
I HAVE ACHIEVED EFFORTLESS RELEASE FROM
DAILY SUFFERING UNIMAGINABLE PREVIOUSLY,
I DON'T ENVY ANYONE HERE BECAUSE WHAT I ACHIEVED IS DIFFICULT IF NOT
IMPOSSIBLE FOR OTHERS WHO ARE LACKADAISICAL.
China announces delta variant
vaccine:
China says it has come up with new vaccine
effective against delta variant. How can
this be?
It can be quite simple. If you use delta variant as source for your
vaccine, you deactivate the delta
variant and make it a vaccine it's likely to contain delta variant antigens and
so be effective.
a mRNA vaccine to the delta variant is more
complicated.
Apparently there are only 11 protein
encoding virus genes in the coronavirus
so you will have to identify all the protein genes of the delta variant and
find which RNA gene will become the spike protein RNA to produce an effective
vaccine or antibody to the delta variant.
It's more complicated than the Chinese
vaccine where you just have to mass produce the delta variant and deactivate it
and it must contain delta variant antigens to stimulate delta variant
antibodies.
Telling the crooks of Malaysian
politics is easy:
It's easy to tell who are the big devils
and corrupt politicians in this country. All those in PN including backbenchers
and GPS are seriously corrupt, siding with corruption. All those in opposition
are not corrupt, retired corrupt like Dr M forced on by age and less corrupt.
Tok Pa or dtk mustapha may look quiet, soft
spoken and good to many but he's guilty as hell heading for hell which is why
he looks depressed because like him and wee kar siong are instrumental in
maintaining corrupt regimes in this country.
If he was righteous he would have resigned and joined PKR or Amanah.
Similarly Tengku Razaleigh is guilty as
hell being loyal to umno and part of a corrupt regime.
You can Anwar and PKR stands for
responsibility because he immediately stopped degazetting of Langat forest
reserve that only benefit corrupt crooks at expense of nation. Selangor mb is suspect, looks suspect.
Truth and good is the only escape
from insanity, suffering and death:
Because this is a totally (not partially)
evil world with intense coercion by everyone to be false and evil, you have
obtain much sensual and material rewards by being accomplished at being false
and evil but these rewards are never attended by happiness, peace of mind but
mental and bodily suffering that reaches homicidal suicidal proportions on
occasions and the person is a slave of his blind dangerous record replay memory
and emotions never master of himself, never understanding anything or what life
is about. As a result of his lifelong falsity and evil he is heading for
certain mental and physical suffering (eg cancer, stroke, heart attack) and
because there is life after death and inescapable impeccable accountability he
is heading for hell and thence a return here mostly as animals even for
billions of years before he becomes a man again.
The person who knows the truth, sticks to
truth and goodness may not succeed much in this life, may not be popular but he
suffers minimally from others’ persecution, he dies peacefully and heading for
heaven and eternal life.
Truth and goodness are two different
things. Everything that happens in this world has a nature that is the same for
everybody, if you know that nature you know the truth. Thus style is the source
of insoluble renewing stress, restlessness and distraction, if you know this
nature you know the truth, if you do not know you do not know the truth. All
emotions (like, dislike, sadness, hurt, confusion, fear) are evil, there are no
good or bad emotions, emotions are the meaningless, suffering, dangerous false
stirring of mental force in response to things happening. If you know this you
know the truth.
Goodness is about actions and the only good
actions are giving, sharing and helping in physical and spiritual things,
teaching others the escape from endless deaths and suffering is supreme
incomparable giving, helping and sharing. The rest of goodness consist of all
stopping, stop telling lies, harming others, stop gossiping, complaining,
stealing, taking what is not given, stop talking, exercise, working, selling
and buying.
THE BUDDHA TAUGHT, GOOD IS CESSATION, GOOD
IS WHEN THEY FOREVER STOP IS TRUE, APPLIES TO EVERYONE, THE WISE PERSON HAS
STOPPED HIS STYLE, THINKING, EMOTIONS AND FEELINGS OF PAIN AND PLEASURE.
There is no truth and little good
in ordinary people:
People in this world may think they know
the truth or least a little or part of it but they may be deluding themselves,
there is no truth in them because everything they say or do is falsely replayed
from memory standardized for the occasion never freshly composed with
understanding for the occasion. Everything they talk about is a memory matter
with nothing requiring understanding, all they talk about are things happening
or news, stories, facts and figures, how to do this and that, names and their
forms that are pure meaningless record replay matters. ‘Your hair is too long,
you look terrible, I like your dress, how old are you, where do you live, nice
to see you, the weather is terrible, I have an appointment at 3’ are pure
memory subjects.
People are wicked never good because their
styles stir others’ emotions harmfully, inflict stress, restlessness and
distraction on others and they are guilty of forcing others to use their memory
full time and making others emotional that will trap them to return to this
world endlessly as animals.
HOW GOOD CAN YOU BE WHEN YOU STYLE CONSTANTLY
INFLICT STRESS, RESTLESSNESS AND DISTRACTION ON OTHERS, WICKEDLY STIR OTHERS’
HARMFUL DANGEROUS EMOTIONS AND YOU HELP TRAP THEM TO RETURN TO THIS WORLD
ENDLESSLY AS ANIMALS?
The nature of truth and good:
Whatever is true and good is always true and
good, in this age or world cycle, the next age and in all past ages. Whatever
is false and evil is false and evil forever, in the past and future.
There is no such thing as sometime good
sometimes bad, good is always good and bad is always bad.
There is no such thing as a little bad is
OK, a little bit of drinking or gambling or bad words is OK, Jesus said you
will be judged for every careless word you say and the Buddha said there is
danger in the slightest of faults.
Whatever is true is true for everyone,
applies to everyone including the Devil and God, those who offend the truth
must suffer and die. The Buddha said it is impossible for him to go back on his
word to pass away, impossible for him to share equal or look up to anyone or
his head will split in seven because that would not be true, He alone is
highest.
Truth and good is the only escape from
insanity, suffering and death, here and now and forever, falsity and evil may
provide temporary escape in this false evil but this escape is accompanied by
mental and bodily tension and stress, leads to future worse suffering even
eternally.
TRUTH IS NEVER SOMETHING HAPPENING, NEVER A
NAME OR ITS FORM, TRUTH IS WHAT IS AND IS NOT, WHATEVER IS A HAPPENING, A NAME
AND ITS FORM ARE MATTERS OF BLIND SUFFERING FALSE, PERISHABLE RECORD REPLAY
MEMORY AND THOSE WHO UNDERSTAND AND ARE WISE HAVE LEARNT TO DISSOCIATE, STOP
USING THEIR MEMORY AS MUCH AS POSSIBLE. AS TAUGHT BY THE BUDDHA WHEN A BEING
ACHIEVED TOTAL REMAINDERLESS END OF ALL MEMORY USE, HE BECOMES ENLIGHTENED, HE
RECOLLECTS ALL HIS PAST LIVES CROSS COUNTLESS WORLD CYCLES, HE SEES THE BIRTHS
AND DEATHS OF OTHER BEINGS AND HE KNOWS THE PATH COMPLETELY OUT OF ALL DEATHS,
SUFFERING AND FALSITY.
Covid 19 was patented in 2002:
According to David Martin a patent filings
expert, covid19 existed as a replication defective lung infecting coronavirus
as early as 2002 because this was exactly what the patent filed jointly by NIH
(US government), University of North Carolina & Pfizer stated.
In other words the patented virus in 2002
was capable of infecting human lungs but lacked the ability to reproduce.
Till today Japan is limping from
the Nikkei crash:
I was correct, Japan never recovered from
its 1980s Nikkei crash and till today Japan is limping along despite Abenomics
with its massive stimuli, zero even negative interest rates, money printing and
central bank bailouts of government and company debts.
Debt is very easy to create, difficult even
impossible to repay and today all over the world nations, foremost America are
amassing massive unpayable debts. What they do not realize is they are heading
for total financial and economic collapse and God will put them out of their
misery by closing the age.
Japan was threatening to surpass America as
economic top dog, its car industry threatening to put American car companies
out of business and in retaliation Reagan imposed strict restrictions on
Japanese imports and tariffs of up to 50%, then came the Plaza accord where
they forced Japan to appreciate its yen drastically to 100 yen to the dollar
making Japanese exports and cars expensive. The Japanese countered this by
setting up car plants in the US and they used their mighty yen to set up
surrogate factories in SE Asia to build cheaply things like air conditioners to
export to America. The mighty yen was a boon to Japanese consumption, they
could buy all sorts of goods from the world cheaply, Japanese companies went on
heady acquisitions like the Rockefeller Center, CBS. Stock and property prices
rose sharply seemingly endlessly and salesmen went house to house to get
housewives to play the stock market. When the Nikkei was getting too high, a
bubble, BOJ started raising interest rates that cause the market to crash
sharply that caught banks, companies and individuals with massive losses. Many
banks were insolvent, there were runs on banks and BOJ had to bail them out.
Many were stuck with mortgages that were greater than the values of their
houses they cannot sell and were a financial burden to repay.
All sorts of measures failed to revive the
Japanese economy including the rise of Shintaro Abe and his Abenomics, massive
money printing, zero even negative interest rates, bailouts of companies and
banks.
THE LESSON MAY BE THAT THE WORLD SADDLED BY
MASSIVE DEBTS SUPPORTING MASSIVE ASSET AND SERVICE PRICE BUBBLES MAY BE ABOUT
TO ENTER ECONOMIC AND FINANCIAL COLLAPSE THAT WOULD CAUSE POVERTY, JOBLESSNESS,
STARVATION AND SOCIAL BREAKDOWN.
The Japanese stock and property bubble was
the last bubble to burst and it debilitated the Japanese economy for decades.
The US bubble is likely far bigger in size,
would have burst a few if not for fed intervention pumping in money, increasing
balance sheet from 1 to 13 trillion for the pandemic. Is America superman, invincible or will the
pandemic be its kryptonite that brings America to its knees finally?
The plaza accord was in 1985 and the Nikkei
crashed in 1989 so it was not an extended bubble like the US.
If Japanese banks and companies lost money
somebody must have made money, who were they?
Foreign investors, investment banks like
Goldman Sach may be the winners helping push up prices then selling out taking
profits.
FOR EVERY LOSER THERE MUST BE A WINNER, WERE
FOREIGN DEVILS THE WINNERS?
If you are brave enough you can short
sell, sell without shares buying back
later when prices are lower triggering an even bigger collapse.
SHORT SELLING IS EVIL BUT IT'S ALLOWED IN
THIS EVIL WORLD, IT'S LIKELY TO HAVE AGGRAVATED THE JAPANESE FALL AND DO THE
SAME WHEN AMERICAN STOCKS COLLAPSE.
The rise of strong export rivals, South Korea, Taiwan and then the killer, China plus demographic changes can explain
why Japan never recovered from its crash.
Japan's population was aging, the
hardworking segment was aging and reproduction was low and the newer generation
wasn't as hardworking.
Abe printed money and handed it to banks
and companies to promote investment but it failed, banks and companies merely
passed it to shareholders who similarly saved rather than spent it. He lowered income
taxes which similarly failed as the people didn't spend the money.
The stock market and property market are
like casinos, you can spend decades building your wealth and then blow it all
up overnight on the stock market, printing money to replace lost money is never
the same because the previous wealth is gone forever I suspect to foreign
devils like major investment banks like Goldman Sachs who took the money and
ran.
YOU CAN SPEND DECADES EARNING YOUR MONEY
THE HARD WAY AND BLOW IT UP OVERNIGHT ON THE STOCK EXCHANGE TO FOREIGN SHARKS.
AFTERWARDS YOU OR BOJ CAN PRINT AS MUCH MONEY IT LIKES BUT STILL IT CANNOT
REPLACE THE MONEY YOU LOST ON THE STOCK EXCHANGE.
ABE SPENT BILLIONS BUILDING ROADS AND
BRIDGES TO NOWHERE FEW USED BUT IT WAS A WASTE, ONLY BENEFITED LDP CRONY
CONSTRUCTION COMPANIES.
There were stories of remisiers going door
to door recruiting Japanese housewives to invest in the stock market and these
are the people likely to sustain big losses in the market crash and will
subsequently save to repair their retirement funds such that no matter what the
government stimulate, tax cuts, they will not spend resulting in a stagnant
Japanese economy.
Should wall street crash many will see
their retirement funds wiped out.
Foreign hot money caused
Malaysia’s present asset and service bubble supported by a debt bubble:
If I remember correctly there was a period
when suddenly on a broad front so called blue chip stocks like Tenaga, Telekom, others like UEM, Renong rose spectacularly
by dollars not cents in high volumes.
I think it corresponded to the entry of
foreign money pushing up Malaysian stocks in high volumes. Subsequently it's
unlikely anyone would want to sell their shares at previous low levels. Foreigners snapped up shares before they rose
and when the spectacular rises sucked in locals they were guaranteed of profits
unlikely to lose.
THE ENTRY OF FOREIGN HOT MONEY PUSHED UP
SHARE PRICES SPECTACULARLY BUT FOREIGNERS BOUGHT LOW AND COULD HARDLY LOSE.
WHAT THEY DID DRIVING UP PRICES PERMANENTLY CONDITIONED LOCALS THEIR STOCKS
WERE MUCH VALUABLE THAN THEY TRULY …
Dr M and Daim may claim credit as fathers
of Malaysia's economic miracle but Malaysia's natural resources particularly
oil, foreign multinationals using Malaysia as a surrogate manufacturer eg Intel
and the hot money plus syndicate plays probably from HK were the ingredients
for Malaysia's economic boom that gave rise to a huge asset and service bubble
propped up by a huge debt bubble that was partially deflated by the 1997 east
Asian financial crisis and may finally fall victim to the pandemic particularly
due to lockdowns.
These foreign hot money and syndicates are
here to make money and for them it's a sure win because they bought low, locals
who came in later bought high and will provide support for the market because
they are unlikely to sell at a loss. The
market became very hot with new issues, new listing, takeovers. Many made money
at least on paper and spent on property and big ticket items spurring economy,
foreign money boosted money in the banking system to be lent so the economy
boomed, property boomed. It's nevertheless a bubble that cannot be sustained
forever, the government kept coming with measures to keep booming like foreign
property ownership.
IT MAY BE THE TRUTH THERE EXIST TODAY A HUGE
STALE ASSET AND SERVICE BUBBLE PROPPED UP BY A DEBT BUBBLE IN MALAYSIA THAT
CANNOT SURVIVE FOREVER AND MAY FINALLY BE BURST BY THE PANDEMIC WITH GRIEVOUS
RESULTS FOR MANY LIVING BEYOND THEIR MEANS.
The Malaysian stock market boom of the
1990s was triggered by the influx of foreign funds, without foreign funds it
was impossible the Malaysian stock market could have risen so high in a
sustained manner. Rather than benevolent these influxes are evil, wrong, for
greedy purposes with damaging results.
It was the influx of huge foreign funds
that grabbed big chunks of Malaysian blue chips that caused the market surged
that caught the eyes of local retail investors who then piled into the market
causing a relentless surge to sustained highs that came crashing down with the
1997 East Asian currency crisis triggered by foreign sharks shorting first the
Thai baht that spread to many other currencies like the rupiah, ringgit and
won. The influx of foreign funds swelled the country’s coffers of USD that kept
the ringgit strong and enabled to nation to purchase more than it could from
the world whilst the ringgit in the hands of foreigners boosted demand for
foreign shares, properties and consumption. It was the exit of foreign funds
that caused the share and property market, the ringgit to slump.
JAPAN TOO WAS ONCE THE DARLING OF THE
GREEDY WESTERN WORLD AND SO FOREIGN MONEY MUST HAVE PLAYED A SIGNIFICANT PART
BOOSTING THE NIKKEI TO LEVELS IT COULD NOT HAVE REACHED ON ITS OWN AND THIS
RISING STOCK PRICES SUCKED IN NAÏVE DOMESTIC RETAIL PLAYERS FURTHER BOOSTING
THE MARKET TO FEVER LEVELS THAT WHEN IT COLLAPSED CAUSED BIG LOSSES
PARTICULARLY TO NAÏVE RETAIL PLAYERS.
THIS FOREIGN MONEY FROM RICH WESTERN FUNDS
DELUDED PERCEIVE SA BENEVOLENT BUT IS EVIL, PLAYING ON THE THEME OR FLAVOR OF
EMERGING MARKETS WERE RESPONSIBLE FOR DRIVING UP SHARE PRICES AND LOCAL
ECONOMIES OF MANY COUNTRIES LIKE MALAYSIA, THAILAND, PHILLIPINES, INDONESIA
WHICH SUCKED IN GULLIBLE LOCAL RETAIL PLAYERS AND WHEN THEY EXITED THEY CREATED
DAMAGING COLLAPSES.
The Malaysian stock market boom of the
1990s was triggered by the influx of foreign funds, without foreign funds it
was impossible the Malaysian stock market could have risen so high in a
sustained manner. Rather than benevolent these influxes are evil, wrong, for
greedy purposes with damaging results.
It was the influx of huge foreign funds
that grabbed big chunks of Malaysian blue chips that caused the market surged
that caught the eyes of local retail investors who then piled into the market
causing a relentless surge to sustained highs that came crashing down with the
1997 East Asian currency crisis triggered by foreign sharks shorting first the
Thai baht that spread to many other currencies like the rupiah, ringgit and
won. The influx of foreign funds swelled the country’s coffers of USD that kept
the ringgit strong and enabled to nation to purchase more than it could from
the world whilst the ringgit in the hands of foreigners boosted demand for
foreign shares, properties and consumption. It was the exit of foreign funds
that caused the share and property market, the ringgit to slump.
JAPAN TOO WAS ONCE THE DARLING OF THE
GREEDY WESTERN WORLD AND SO FOREIGN MONEY MUST HAVE PLAYED A SIGNIFICANT PART
BOOSTING THE NIKKEI TO LEVELS IT COULD NOT HAVE REACHED ON ITS OWN AND THIS
RISING STOCK PRICES SUCKED IN NAÏVE DOMESTIC RETAIL PLAYERS FURTHER BOOSTING
THE MARKET TO FEVER LEVELS THAT WHEN IT COLLAPSED CAUSED BIG LOSSES
PARTICULARLY TO NAÏVE RETAIL PLAYERS.
THIS FOREIGN MONEY FROM RICH WESTERN FUNDS
DELUDED PERCEIVE SA BENEVOLENT BUT IS EVIL, PLAYING ON THE THEME OR FLAVOR OF
EMERGING MARKETS WERE RESPONSIBLE FOR DRIVING UP SHARE PRICES AND LOCAL
ECONOMIES OF MANY COUNTRIES LIKE MALAYSIA, THAILAND, PHILLIPINES, INDONESIA
WHICH SUCKED IN GULLIBLE LOCAL RETAIL PLAYERS AND WHEN THEY EXITED THEY CREATED
DAMAGING COLLAPSES.
The East Asian financial crisis did not
collapse the East Asian asset and service bubble, it only temporarily dented it and it resumed
its more lumbering mindless inflation of the bubble subsequently. It remains to
be seen whether this pandemic will finally trigger a big collapse.
The rise of China as a regional economic
powerhouse probably helped sustain the Asean bubble. China is Asean's biggest trading partner.
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