Obama will inflate American dream

[phantom_opera]

67pc of budget is entitlement .. raise tax republicans say no,
spending cut political suicide

the option left print to devalue debt and purchasing power of entitlement

Dow will be 20k but USD sgd will be parity

[phantom_opera]

us debt up another 80b on 28 feb 2013

oh no .. still short of 5b

[buttercarp]

I feel that he is doing good for his country at the expense of his popularity.
However it really doesn't matter to him as it is his last term in office.

[Arcachon]

If you print money, I will also print money but wait if I print money than my property price increase because everyone know their money will be inflated.

Call up the neighbor to do some iconic project.

CM one after another, even CM on a piece of paper get everyone busy thinking of the white paper, blue paper, meanwhile quietly key into the computer system a few more zero and life goes on.........


Huat Ah.........

https://www.youtube.com/watch?v=U-Vlp8kil9U

[phantom_opera]

pig can fly, no matter how small

http://www.etfdigest.com/images/stories/davesdaily/2967/image012.gif

[roly8]

pig can fly, no matter how small

http://www.etfdigest.com/images/stories/davesdaily/2967/image012.gif

this one look like bull trap..but who knows? pig really can fly based on the above chart.. :D

[indomie]

Bernanke Says Raising Interest Rates Early Risks Stifling Growth
By Joshua Zumbrun and Aki Ito
March 02, 2013 12:01 AM EST
Facebook Twitter LinkedIn Queue
Federal Reserve Chairman Ben S. Bernanke signaled he will keep the Fed’s target interest rate low to support the economy, even as some colleagues warn the policy risks triggering financial market instability.
“Premature rate increases would carry a high risk of short-circuiting the recovery, possibly leading -- ironically enough -- to an even longer period of low long-term rates,” Bernanke said yesterday in a speech in San Francisco. “Only a strong economy can deliver persistently high real returns to savers and investors.”




Go back to sleep.... Don't worry, bernake is engineering the mother of all bull.

[mcmlxxvi]

You now know what you need to look like to 'head up' finance of an economy.

http://upload.wikimedia.org/wikipedia/commons/thumb/3/3f/Ben_Bernanke_official_portrait.jpg/440px-Ben_Bernanke_official_portrait.jpghttp://sin.stb.s-msn.com/i/BE/7012ED1A9B844C055D5E415C79AB.jpg

[roly8]

HAHAHAHAH!!!!
really quite similar:D:D:D

[phantom_opera]

I pity next us president who would inherit 20T debt

[roly8]

i pity the current USA leaders who must solve this kind of sh*t left by the past leaders

[phantom_opera]

almost 17T Liao may hit 20t in 30 months time??

[mcmlxxvi]

Roll over baby. Roll over.

http://thumbs.dreamstime.com/thumblarge_549/128757912188cMqJ.jpg

[DC33_2008]

Tharman might be the next chairman of IMF.:) .
You now know what you need to look like to 'head up' finance of an economy.

http://upload.wikimedia.org/wikipedia/commons/thumb/3/3f/Ben_Bernanke_official_portrait.jpg/440px-Ben_Bernanke_official_portrait.jpghttp://sin.stb.s-msn.com/i/BE/7012ED1A9B844C055D5E415C79AB.jpg

[Arcachon]

http://www.imf.org/external/np/sec/pr/2011/pr1196.htm

IMFC Selects Tharman Shanmugaratnam as New Chairman
Press Release No. 11/96
March 22, 2011
The members of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the International Monetary Fund (IMF), have selected Mr. Tharman Shanmugaratnam, Minister for Finance of Singapore, as Chairman of the Committee. Minister Tharman succeeds Dr. Youssef Boutros-Ghali, Egypt’s former Minister of Finance, who resigned on February 4, 2011.
Minister Tharman has accepted the IMFC’s chairmanship for a term of up to three years.

[Arcachon]

http://www.imf.org/external/np/exr/chron/mds.asp

http://www.imf.org/external/NP/OMD/BIOS/images/cl2.jpg

http://www.imf.org/external/NP/OMD/BIOS/images/cl2.jpg

[indomie]

JOHN KNIPPS: Are we following in the footsteps of Roman Empire?
Guest Column | Posted: Sunday, March 3, 2013 12:00 am
Is the United States, like the Western Roman Empire in the fifth century, doomed to collapse from its own decadence? Historian Arnold J. Toynbee’s famous remark was “civilizations die from suicide, not by murder.”
Listed below are a few examples for the disintegration of the Roman Empire and the inability of the Roman emperors to rule the whole empire that best relate to the challenges we are facing today.
One of the biggest problems with the Roman civilization was the economy. In ancient Rome, social welfare support (Annona) was introduced by Gajus Gracchus (158-122 BC) as an entitlement to buy a monthly ration of grain at a fixed price. Ultimately subsidized education, culture, free oil, pork and wine were included. Lucius Cornelius (138-78 BC) attempted to control entitlements, but it was stopped by severe social riots forcing him to abandon the effort. Entitlements became the weapon of choice for rulers to stay in high favor with the crowd and to maintain control over the political power.
Declining agricultural production, huge governmental expenses, legendary inflation (the silver coin denarius, introduced in 268 BC, contained 94 percent silver; by 268 AD the content was reduced to only .02 percent.) and a civilization that was disintegrating from within, partly because of changing moral values, all contributed to the economic disaster.
The army was often recalled from the frontier to solve internal matters, such as a transfer of power, leaving the frontier unchecked. The unchecked boundary allowed mass migration of several hundred thousand foreigners, who, while unwilling to accept the Roman way of life, embraced the benefits of living within the Roman Empire.
The successive waves of the barbarians, pushed by the Huns in the 370-440 AD periods, were grabbing territory their own state, resulting in a decrease in tax revenues needed to maintain the Roman Empire. The utter loss of social cohesion significantly contributed to the fall of the Roman Empire. When the Empire was split into the West and East empires, they became split not just geographically, but culturally.
As can be seen above, the elements that brought down the Roman Empire are the elements that are currently contributing to placing the U.S. in a perilous suicidal situation. Adding to this suicidal situation is the growing dominance of our government in Washington, D.C., where elected representatives appear largely oblivious to the wishes and political priorities of the electorate.
We watch liberal/moderate partisans on Capitol Hill morphing into quasi autocrats, passing more and more legislation (like the Patient Protection and Affordable Care Act) designed to strengthen the central government at the expense of “We, The People.”
The greatest difference between the Roman Empire and the U.S. is our Constitution, which is being circumvented by misuse of executive orders and a Congress unwilling to challenge a president who presents himself as an autocrat. The county’s moral code written into the Constitution is also at stake. In every instance, the natural atrophy of politics drags the state down to a notable collapse.

[Arcachon]

Ancient Time they need to mint money.

Now all they need is key in the number they want into the computer system.

http://www.tradingeconomics.com/charts/singapore-money-supply-m2.png?s=singaporemonsupm2&d1=19740101&d2=20130331

http://www.tradingeconomics.com/singapore/money-supply-m2

[lbb]

I feel that he is doing good for his country at the expense of his popularity.
However it really doesn't matter to him as it is his last term in office.

Yeah, it is his last term. But unlike Presidential Elections in Singapore where the candidates are (largely) more independent, US elections pit the Democrats against the Republicans. If Obama screws up, the Democrats might not be able to put another of theirs in his position.

So, can't screw up la. But anyway, I agree with you, he's trying to do the right thing to help the people. Living in the US, I meet people who support the Republicans, but still approve of Obama!

[roly8]

JOHN KNIPPS: Are we following in the footsteps of Roman Empire?
Guest Column | Posted: Sunday, March 3, 2013 12:00 am
Is the United States, like the Western Roman Empire in the fifth century, doomed to collapse from its own decadence? Historian Arnold J. Toynbee’s famous remark was “civilizations die from suicide, not by murder.”
Listed below are a few examples for the disintegration of the Roman Empire and the inability of the Roman emperors to rule the whole empire that best relate to the challenges we are facing today.
One of the biggest problems with the Roman civilization was the economy. In ancient Rome, social welfare support (Annona) was introduced by Gajus Gracchus (158-122 BC) as an entitlement to buy a monthly ration of grain at a fixed price. Ultimately subsidized education, culture, free oil, pork and wine were included. Lucius Cornelius (138-78 BC) attempted to control entitlements, but it was stopped by severe social riots forcing him to abandon the effort. Entitlements became the weapon of choice for rulers to stay in high favor with the crowd and to maintain control over the political power.
Declining agricultural production, huge governmental expenses, legendary inflation (the silver coin denarius, introduced in 268 BC, contained 94 percent silver; by 268 AD the content was reduced to only .02 percent.) and a civilization that was disintegrating from within, partly because of changing moral values, all contributed to the economic disaster.
The army was often recalled from the frontier to solve internal matters, such as a transfer of power, leaving the frontier unchecked. The unchecked boundary allowed mass migration of several hundred thousand foreigners, who, while unwilling to accept the Roman way of life, embraced the benefits of living within the Roman Empire.
The successive waves of the barbarians, pushed by the Huns in the 370-440 AD periods, were grabbing territory their own state, resulting in a decrease in tax revenues needed to maintain the Roman Empire. The utter loss of social cohesion significantly contributed to the fall of the Roman Empire. When the Empire was split into the West and East empires, they became split not just geographically, but culturally.
As can be seen above, the elements that brought down the Roman Empire are the elements that are currently contributing to placing the U.S. in a perilous suicidal situation. Adding to this suicidal situation is the growing dominance of our government in Washington, D.C., where elected representatives appear largely oblivious to the wishes and political priorities of the electorate.
We watch liberal/moderate partisans on Capitol Hill morphing into quasi autocrats, passing more and more legislation (like the Patient Protection and Affordable Care Act) designed to strengthen the central government at the expense of “We, The People.”
The greatest difference between the Roman Empire and the U.S. is our Constitution, which is being circumvented by misuse of executive orders and a Congress unwilling to challenge a president who presents himself as an autocrat. The county’s moral code written into the Constitution is also at stake. In every instance, the natural atrophy of politics drags the state down to a notable collapse.

this might come true..
:o

[indomie]

this might come true..
:o
But before the fire burned out, it will shine so brightly. It will probably keep shining throughout our lifetime. It. Will die out not because of murder, it will die out because of suicide.

No companies in the world today can operate under high interest rate. No new jobs are created. Technologies are used to disminish the need for workers. The world using wars as a form of employment. World populations will contract significantly over the next few decades. The world living standard will be more or less uniform everywhere.

In light of global workforce contraction, protect yourself. Acquire some real assets for a long term keep. There is no bubble to burst. The rich are coming to our region. They will be competing for our jobs.

[Arcachon]

https://www.youtube.com/watch?v=Vsfc75IGeV0

[roly8]

But before the fire burned out, it will shine so brightly. It will probably keep shining throughout our lifetime. It. Will die out not because of murder, it will die out because of suicide.

No companies in the world today can operate under high interest rate. No new jobs are created. Technologies are used to disminish the need for workers. The world using wars as a form of employment. World populations will contract significantly over the next few decades. The world living standard will be more or less uniform everywhere.

In light of global workforce contraction, protect yourself. Acquire some real assets for a long term keep. There is no bubble to burst. The rich are coming to our region. They will be competing for our jobs.

do you foresee very high interest rate?:confused::confused:


me plan to get physical gold..what do you think?

[Shanhz]

do you foresee very high interest rate?:confused::confused:


me plan to get physical gold..what do you think?

gold is not for investment, it is for wealth preservation. no dividend or returns also, pure capital play. it shld not take up >10% of your portfolio. i just bot some last week.