it's plummeting faster and faster!
it's plummeting faster and faster!
Damn, son! Where'd you find this?
this is an explanation of the economic nuke I was talking about: This Is The $3.5 Trillion "Neutron Bomb" That Keeps Kyle Bass Up At Night | Zero Hedge
Damn, son! Where'd you find this?
How ignorant some Americans are...very alarming.
Last edited by Monseratto; January 9th, 2016 at 06:26 PM.
And here i thought that ruckus about Apolinario Mabini sitting all throughout General Luna was bad.
i hope those guys in the video would at least Google North Korea when they got home![]()
not as funny as these bunch though
Damn, son! Where'd you find this?
another economic nuke is dropped. this time in hong kong
China Contagion Spills Over To Hong Kong Banks As HIBOR Explodes To Record High, Stocks Tumble | Zero Hedge
Damn, son! Where'd you find this?
we have a winner!
Empire Fed Crashes At Fastest Pace "Since Lehman" | Zero Hedge
the collapse is so much bigger in magnitude this time because exponentially more resources have been misallocated, hence a bigger bubble will burst.
unlike the last financial collapse of 2008-2009, philippines will be among to feel the most crushing pressure because we are part of the emerging markets.
speculators have been pouring investments into emerging markets seeking higher margins driving even further speculation.
this created a surge of investments in the country late in former PGMA's term and PNoy's admin benefitted from it the most.
but of course, I got criticized for suggesting such. hahaha
consider the following article: http://www.zerohedge.com/news/2016-0...bble-has-begun
75% of the Emerging market is composed of corporate bonds...
I pity whoever succeeds PNoy. He's in for a disaster. hahaha
Damn, son! Where'd you find this?
Gusto mo ng prediction ko *safe. Evrything stateside will be unreachable again, ie macs, gopros, under arrmours, nikes etc, coz of high dollar.
The good thing is food will be so low in the Philippines, that Filipinos will only have more time to eat watching all their investments drop in value, real estate, bonds, stocks, investments in businesses all drop in value,
Cars, omg! Kawawa yun may mga 5 year loans tsk tsk. They will pay more for a car that has half the value coz car demand will concentrate on the entry level models, therefore having no value at all sa mga top of the line
Eto na ang pag-uusig because our civilization has become too materialistic. Our God is knocking on our door, Islam's God is also knocking on the Muslims' door,
Product kasi eto ng mga over-protective parents with kids nowadays who believe that life is all about success and materialism, ano Kaya mangyari sa lost generation, will they have the same fate as those happy kids / teens who died in World war 1 and 2, all 100M of them.
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We need something to look forward too, and that is Mars the new frontier, but that's so much ahead in the future as computers in the 60s pero nag-war na ng early 1900
We could choose Antartica tame the continent. We need another frontier, but the thing is who would venture there when we are all sitting pretty here, still a war is needed to realize the necessity of taming Antartictica, We'll only do that if our own lands are uninhabitable - nuclear holocaust . Well the Nokors just tested the H-Bomb
hahaha. the funny thing is that he made more sense than Obama's final state of the union address.
verbatim: "Anyone claiming that America’s economy is in decline is peddling fiction. Now, what is true -- and the reason that a lot of Americans feel anxious -- is that the economy has been changing in profound ways, changes that started long before the Great Recession hit; changes that have not let up."
hahaha, I'd like to know what he has been smoking.
Last edited by safeorigin; January 16th, 2016 at 09:13 PM.
*safe, this thing that you're saying, the exposure of Phil. financial system to that economic nuke will be felt more by the OFWs.
That is my prediction. They bought the condos, they bought the resdy-made houses, and they bought the ladder frame SUVs. Tsk tsk.
Ever wonder why most of those BGC or makati condos say they're all fully sold. Because they are, but how come every time, we pass by the condos, they uninhabited. Because the condos are owned by the OFWs. They're not here, Will the condo property developers lose money if the OFWs stop paying on installments. Well, partly. But the condos are overvalued to begin with like 300% more. Just like the ladder frames SUVs that everybody is gung ho about,
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And what about the millenials. They are the future working force of thehilippnes and yet they still live in their parent's houses. These kids are our saviours from the upcoming crisis, I betting on it. The millenials will buy the corrected value of the condos to alleviate the crisis. And then millenials will be the young Americans of circa 2000 to 2008. They will fuel the condo investment war hehe
^nailed it. hahaha
there is indeed a real estate and auto bubble in the philippines akin to australia and us.
banks are too eager to lend cash.
Damn, son! Where'd you find this?
If we are too go back to history, the bubble burst not because some subprime managers grew conscience, the bubble burst because oil and interest rates corrected it's value.
Who controls oil prices? The oil cartels
Who controls the interest rate? The Fed
As long as they continue to keep the oil low and the Feds lowering interest rates, we're ok. But to me, the problem is we are producing too many lazy people now. And this is where it all starts,m too much resources but there's not output , no produce,
In the Phlippines, that is what I measure now, I call it the lazyness index. If people have more time internet at night, and wakes up late and stays in coffee shops and malls until closing, then we are in big trouble,
I've observed that both LTE and landline broadband get slower before in 9pm to 11pm. Now it's 7pm to 1am. That tells a lot about what's to come, People spending like 6 hours a night will not only translate to loss in productivity but also loss in consumer spending, as more and more people get entertained at night, they will just stay at home, stop buying things, and even stop social interactions, all needed for a healthy economy.
So this brings me to my second index : the introvert index. How extrovert or introvert are the next generation? And I have to tell you, the numbers are not good, but like anything good and bad, there are always opportunities to every side, and that's why I know the business hot deals of the next bubble cycle [emoji41]
Because I went to Europe and U.S. And studied and observed them. just like Jose Rizal who then came back and applied his findings & experments to the Filipino people.
minicarph is a pure genius. He can remember the past and can predict the future as well. The señor sto. niño of cebu blessed him with so much wisdom. Pit Señor!