uncle see a paradox market
now amdk economic growth slowdown again
yellen jie jie cannot raise rates in dec liao
tomorrow open sure gap up gao gao kill all shortist at 0859 @ 3048
then stay there until market close
now the market move not according to fata
u see all the small property stock issue high yield junk bonds to retailers with super upsize
as long as yellen don't raise rates they will keep raising junk bonds to stay alive
using the money to buy even more properties in countries u never knew the people could afford to buy as they don't even have a job nor money to buy food to eat
the bigger blue cheats are raising money by perpetual bonds, a hybrid which give them an option to buy back at 5 year interval or continue to pay step-up coupon
the macro picture tis simple
we are all growing old and will eventually die like ah gong
there is no more growth in anything except selling coffin & funeral parlour
it is likely the fed will never raise rates and may resort to negative interest rate as china keep cutting rate to zero by 2018
by 2020 global interest rate would be close to zero as more and more people retire and becum jobless
just like the people becum numb to the pap and vote for them and allow them to do what they want
the world will accept the usd with unlimited debt ceiling to print its way to prosperity
in short as long as the rich take care of the poor
the poor will not revolve and change the government
everyone will use the usd banana note and not question its value when it has none
a paradox economy would emerge
we will use toilet paper to exchange for goods and services
the alternative is unimaginable
global bankruptcy
the limit of capitalism has been reached
there is no more growth when the world has aged and dieing and birthrate globally has peaked and falling to zero
QE infinity would be the future
the government printing money backed by nothing
citizen accepting the toilet paper as the alternative global bankruptcy leading to financial armagadon tis unimaginable
stay tuned as fata no longer makes any sense
the financial wizardary continues in tis epic thread
keekeekee
