These 8 Charts Show How China’s Economy Meltdown Spreads To The World

Dow plunges 530.94 points on Friday. With more than 1,000-point drop this week, this was the largest weekly drop since Oct 10, 2008 for Dow. Crude oil prices briefly dropped below US$40 a barrel on Friday, the lowest seen since the financial crisis. The effect of devaluation of the Chinese Yuan has finally reached the […]

... written on Aug 23 2015

Here’s Why China’s Yuan Devaluation Is Such A Big Deal

By now, you should know why we had screamed “The Chinese Are Coming!!” about three weeks ago. That’s because the China’s economy is crashing, for real. Xi Jinping administration has been fire fighting ever since the terrifying 30% crash within 3-weeks in the country’s stock market. It certainly doesn’t help if the allegations about internal […]

... written on Aug 12 2015

The Seven Hundred Million Dollar Man’s Fate Depends On The Ringgit

Before the currency stop trading for the weekend, the Malaysian Ringgit was trading as high as RM3.9530 to a U.S. dollar. After the closing bell, it settled at RM3.9220 to a buck. So, does this mean RM3.90 is a new support level and the ringgit can never strengthen to RM3.80 anymore, at least for the […]

... written on Aug 10 2015

A Remaking Of 1997 Asian Financial Crisis By Najib Razak In 2015

Did you make any pocket money since our last bitching article? No, not the one about stocks related to Najib’s cronies. The one about all hell breaks loose when the local currency “Ringgit” breaches the psychology RM3.80 to a US dollar. Was it a coincidence that ringgit spiked into toilet bowl on Aug 4, the […]

... written on Aug 07 2015

China vs Hong Kong Rivalry – These 22 “Naughty” Graphics Tell All

Hong Kong returned to China on July 1, 1997. Time flies and it’s been 18-years since the transfer of sovereignty over Hong Kong from United Kingdom to China. Also known as the “Handover”, Britons remembered the occasion as how Mrs Thatcher lost Hong Kong. Needless to say, Hong Kong people opposed the “transfer” of ownership. […]

... written on Jul 08 2015

Beware WSJ – Here’re Najib’s Top 20 Brains To Counter You

Will Malaysian prime minister Najib Razak be arrested on the explosive 1MDB scandal, now that it’s a global knowledge he’s caught with his pants down with US$696 million (RM2.62 billion) in his personal banking account? After all, Mahathir had hinted that the prime minister may be scared to quit due to possible criminal charges.   Using […]

... written on Jul 06 2015

A Big Fat “NO” – Greeks Celebrate, Not Paying Taxes & Debt A Patriotism

Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday. Results showed 61% voted “NO” compared with 38% for “YES” with 97% of the vote counted. Thousands of jubilant government supporters celebrated in Syntagma Square in front of Parliament, waving Greek flags and chanting “No, No, No!” It was a sweet victory for […]

... written on Jul 06 2015

Fitch Ratings – How They Make Money By Making Clients Happy

Have you watched the two films we recommended about a year ago? Flashback – “Inside Job” and “The Wolf of Wall Street”, released in 2010 and 2013 respectively, are two movies you must watch to understand the reality of financial markets. And in case you’ve missed our previous article, go read about “30 Investing Tips & […]

... written on Jul 02 2015

Greeks Pride – Can’t Pay, Won’t Pay, Don’t Care To Pay

Reaching economic meltdown, there’re basically two types of business that are still booming in Greece – tourism and flag sales. Tourists are still coming in drove while flag salesmen are doing roaring business, thanks to a pending July 5th referendum to decide if Greece will eventually exit from the euro zone or otherwise. Greece, the […]

... written on Jun 30 2015

Deflation Hits Singapore!! – Cheaper Household Staples, Utilities, Maids

When Singapore was crowned as the world’s most expensive city for a second year roughly three months ago, there weren’t much fireworks in the sky, at least not to the average Singaporeans. After all, with great title, comes great financial insecurity. Hence it wasn’t hard to understand why the people were feeling the pressure instead. […]

... written on Jun 25 2015

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