Currencies
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 2015Hong 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 2015Will 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 2015Greeks 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 2015Have 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 2015Reaching 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 2015When 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 2015Americans will get to see a woman on their paper money, scheduled to be released in 2020. As strange as it may sound, there’s not a single woman appears on any of the U.S. money notes, despite the country being the champion of human rights, animal rights, women rights, and whatnot. When the Treasury […]
... written on Jun 20 2015UMNO is racist. UMNO is fake. UMNO is hopeless. UMNO is weak. UMNO is made of a bunch of thieves. The list goes on and on, and that pretty much summarizes the perception of the political party that has been governing Malaysia since Independence in 1957. Before you start foaming at mouth screaming seditious, let’s […]
... written on Jun 19 2015Mahathir Mohamad is perhaps the luckiest person on planet Earth. Besides being the longest-serving Prime Minister of Malaysia, stretching from 1981 to 2003, he also had the luxury experiencing the country’s currency under attack by speculators during the infamous 1997/98 Asia Financial Crisis. Ten years later, during his retirement, he had the second opportunity to see […]
... written on Jun 12 2015
