Archive for August, 2017
Once upon a time, before the invention of smart phones and tablets and electronic games, Monopoly was one of the best games – ever. Perhaps it was the only game to educate kids (and even adults) about financial freedom and savvy investment. The ultimate objective is to become the richest player – by owning as […]
... written on Aug 08 2017American consumers have gotten themselves into a bigger and scarier financial trouble than before. They’ve just created a new record – highest credit card debt in the history of the United States. A report by the Federal Reserve on Monday confirmed that Americans had accumulated US$1.021 trillion in outstanding credit card debt in June 2017. […]
... written on Aug 08 2017U.S. stock markets have gone bonkers. The Dow Jones Industrial Average ended at its 8th straight record high on Friday. The DJIA is now at record high – above 22,000 – and already people are talking and singing about 23,000, and beyond, as if the musical chairs game will never stop. It will stop eventually, […]
... written on Aug 07 2017Penny’s watch from the classic 1980s cartoon Inspector Gadget is still miles smarter and capable than Apple’s so-called smartwatch. Besides making voice call, the smartwatch from the 1983 could make video calls, has laser beam to cut metals, flashlight feature, ability to detect radioactive and even extremely powerful magnetic feature. It appears Apple is […]
... written on Aug 06 2017China’s highly secretive 19th National Congress has begun. The Middle Kingdom might be a one-party system ruled by the Chinese Communist Party. But that doesn’t mean there isn’t any political power struggle within the powerful Chinese party. Nobody knows for sure who gets promoted and who doesn’t. The process of leadership change in China is […]
... written on Aug 04 2017When Shabudin Yahaya, a Malaysian MP of the ruling Barisan Nasional coalition, believed that there was “nothing wrong” with child marriages, one wondered if certain Muslims in the country were that desperate for sex. Mr. Shabudin, a Muslim himself, argued that girls as young as nine were “physically and spiritually” ready for marriage. It’s more sickening considering that […]
... written on Aug 03 2017This country is so screwed up that it couldn’t even pay US$600 million of debt to IPIC (International Petroleum Investment Company), Abu Dhabi’s US$80 billion sovereign-wealth fund. After the deadline on Tuesday, IPIC has given 1MDB (1Malaysia Development Berhad), a fund set up by Prime Minister Najib Razak himself in 2009, five more days to make […]
... written on Aug 02 2017Nicolas Maduro effectively proclaims himself a new dictator of Venezuela after he held a controversial election to create the National Constituent Assembly (ANC), a constitutional assembly that would grant his party sweeping power. The Venezuelan president staged an election where only his supporters voted as the opposition boycotted the illegitimate election. Before the election, Mr. […]
... written on Aug 01 2017
