Hi readers
You will have noticed by now that the markets are around the same levels as they where before the retrograde.
We have had so much news out during that periods so get ready for the revisions to come next.
In South korea things are going so well that the government use the MERS virus to cut rates.
Sure things are becoming very serious now in South Korea, but to cut rates and tie it to the virus outbreak ! PLEASE.
COUNTRIES NEAR BY NEED TO BECAREFUL as serious number of people are leaving.
The western world has no idea of it at the present time but here in Asia believe me we are all very aware of it .
We have also seen many of the major banking institutions announce employment cuts.
Sure computers are taking over people's jobs but there is ment to be a boom going on in the markets around the world so why are we cost cutting?
Around the world we are seeing employment come down, are jobs really being created or are people just sick of applying for benefits.
Even here in Singapore people are no longer applying for assistance.
I think a little bit of a reality check is needed, government with there investment bankers can only pull the wool over people's eyes for so long until cracks begin to appear.
Here the drums are beating over foreign ownership of property, with the government about to make a major announcement.
It might only be singapore citizen ownership.
That would collapse the market here!
I have noticed also the drums in Australia have also started with the citizen ownership and negative gearing sounds.
Citizen ownership will burst the bubble back to the 1990 levels as there isn't enough buyers to take up the slack.
Where as the negative gearing would drop prices a good 50% overnight and then the government could sell the affordability play for the election.. First home buyer crap.
Australia's feel for the battlers..
That's why Australia still has a benefit system for as long as you want.
5 years, 10 or even generational.
Where as around the world it's for a small period of time to help you out while you get back on your feet.
You will have noticed by now that the markets are around the same levels as they where before the retrograde.
We have had so much news out during that periods so get ready for the revisions to come next.
In South korea things are going so well that the government use the MERS virus to cut rates.
Sure things are becoming very serious now in South Korea, but to cut rates and tie it to the virus outbreak ! PLEASE.
COUNTRIES NEAR BY NEED TO BECAREFUL as serious number of people are leaving.
The western world has no idea of it at the present time but here in Asia believe me we are all very aware of it .
We have also seen many of the major banking institutions announce employment cuts.
Sure computers are taking over people's jobs but there is ment to be a boom going on in the markets around the world so why are we cost cutting?
Around the world we are seeing employment come down, are jobs really being created or are people just sick of applying for benefits.
Even here in Singapore people are no longer applying for assistance.
I think a little bit of a reality check is needed, government with there investment bankers can only pull the wool over people's eyes for so long until cracks begin to appear.
Here the drums are beating over foreign ownership of property, with the government about to make a major announcement.
It might only be singapore citizen ownership.
That would collapse the market here!
I have noticed also the drums in Australia have also started with the citizen ownership and negative gearing sounds.
Citizen ownership will burst the bubble back to the 1990 levels as there isn't enough buyers to take up the slack.
Where as the negative gearing would drop prices a good 50% overnight and then the government could sell the affordability play for the election.. First home buyer crap.
Australia's feel for the battlers..
That's why Australia still has a benefit system for as long as you want.
5 years, 10 or even generational.
Where as around the world it's for a small period of time to help you out while you get back on your feet.
