sgbuyer
08-03-13, 14:32
There's a Chinese saying: 明修栈道，暗渡陈仓
http://www.chinesedic.com/en/lit.+repair+the+plank+road+by+day+while+secretly+crossing+the+Wei+river+&
lit. repair the plank road by day while secretly crossing the Wei river 渭河 at Chencang (idiom, refers to a stratagem used by Liu Bang 刘邦 in 206 BC against Xiangyu 项羽 of Chu); fig.
For the past 5 years, the Obama administration had been busy...
1. Pushing up US oil and natural gas production.
2. Strengthening US banks - stress test after stress test, regulation after regulation.
I think the timing is near. Singapore has no oil. If the showdown happens, we might even have difficulty buying petrol.
With a high double digit expanding bank loans, I hope MAS knows what they are doing.
http://www.chinesedic.com/en/lit.+repair+the+plank+road+by+day+while+secretly+crossing+the+Wei+river+&
lit. repair the plank road by day while secretly crossing the Wei river 渭河 at Chencang (idiom, refers to a stratagem used by Liu Bang 刘邦 in 206 BC against Xiangyu 项羽 of Chu); fig.
For the past 5 years, the Obama administration had been busy...
1. Pushing up US oil and natural gas production.
2. Strengthening US banks - stress test after stress test, regulation after regulation.
I think the timing is near. Singapore has no oil. If the showdown happens, we might even have difficulty buying petrol.
With a high double digit expanding bank loans, I hope MAS knows what they are doing.