Author Topic: CAUTION !!  (Read 3488 times)

Online king

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Re: CAUTION !!
« Reply #50 on: August 05, 2017, 03:54:44 PM »





FINANCE  BANKS  INVESTING  WALL STREET  HEDGE FUNDS  M&A  INSURANCE  VENTURE CAPITAL
People have stopped saving for a rainy day and that's just when an economic crisis strikes
U.S. household savings are at their lowest since the Great Recession, with UK savings also falling.
"This was last seen in 2007, just before the bursting debt bubble blew the global economy and financial system to smithereens," says Albert Edwards of Societe Generale .
The potential economic calamity could be even worse in the UK, according to the strategist.
Fred Imbert   | @foimbert
Thursday, 3 Aug 2017 | 1:15 PM ET
CNBC.com
Bankers at an ATM
Education Images | UIG | Getty Images
Households in the United States and the United Kingdom aren't putting as much money away for a rainy day and that could mean trouble.

Albert Edwards, a strategist at Societe Generale, pointed out in a note Thursday that saving rates in the both countries have steeply fallen recently. In the U.S., the household savings ratio has fallen to 3.8 percent on a net basis, it's lowest since the Great Recession, and to about 7 percent on a gross basis. In the UK, meanwhile, the savings ratio has slumped to 1.9 percent on a gross basis.

Edwards illustrates the savings-rate downfall in the chart below, comparing both the U.S. and UK rates:



"This was last seen in 2007, just before the bursting debt bubble blew the global economy and financial system to smithereens," Edwards said, referring to the 2008 financial crisis.

The monthly ratio is savings as a percentage of disposable income.

The crisis sent financial markets across the globe into a tailspin and global central banks scrambling to stop the bleeding. It was then that the Federal Reserve and the Bank of England, along with other major central banks, introduced stimulative measures such as quantitative easing.

 Extreme savers refuse to spend money on these things   Extreme savers refuse to waste money on these things 
Wednesday, 26 Jul 2017 | 11:00 AM ET | 01:21
"The Fed and BoE should surely hang their heads in shame having presided over yet another impending disaster. Why will politicians and the people tolerate this incompetence? Indeed they won't," Edwards said.

The UK-based Edwards also said the potential economic calamity could be even worse in his home country because their savings rate is now below the U.S. rate.

[H]istory suggests that when UK SR (measured gross) declines to, or below, the US SR (measured net), as we saw in 1987 and as we see now, ... we in the UK are sitting on a massive credit bubble that is primed to burst with recessionary consequences. Alarm bells will be ringing all around the Bank of England but it is too late.

Online king

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Re: CAUTION !!
« Reply #51 on: August 05, 2017, 04:02:17 PM »




Zahid offers himself for MACC investigations
Chan Kok Leong
Chan Kok Leong
Updated 2 hours ago · Published on 5 Aug 2017 1:08PM · 2 comments
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Zahid offers himself for MACC investigations
Deputy Prime Minister Ahmad Zahid Hamidi wants MACC to investigate his assets, at the Baling Umno meeting today. – The Malaysian Insight pic by Zainal Abd Halim, August 5, 2017.

DEPUTY Prime Minister Ahmad Zahid Hamidi has offered himself to be investigated by the Malaysian Anti-Corruption Commission (MACC) to clear his name over allegations that he had RM230 million in his account when he was an Umno Youth exco.

“That person (Dr Mahathir Mohamad) wants to force me to declare my assets. He wants MACC to investigate me. And so I offer myself to be investigated,” Zahid told a packed hall during the Baling Umno delegates meeting today.

“At the same time, I hope MACC will also investigate his assets and the wealth of his family.

“But even if I had so much money it was not illegal as I wasn’t in government at that time. I was a businessman, a CEO of a listed company and held directorships in three listed companies,” said the Umno vice president.


Zahid, who is carrying out the duties of Umno deputy president after Muhyiddin Yassin was sacked from the party last year, said he wants MACC to clear his name.

The Zahid-Dr Mahathir spat began with Zahid striking the first blow by taking a dig at the 92-year-old's Indian heritage.

“Dr Mahathir has likely forgotten this fact – that he is the son of Iskandar Kutty,” Zahid said of the former prime minister who now leads opposition party Pakatan Harapan.

Dr Mahathir returned the salvo by claiming that Zahid had suggested ousting Najib in 2015.

The former prime minister also alleged there was RM230 million in Zahid’s account when he was Umno Youth chief.

Zahid was chairman of Bank Simpanan Nasional, Ramatex Bhd, Tekala Corporation Bhd and Seng Hup Bhd. He was director of Permodalan Nasional Bhd and CEO of Kretam Holding Bhd before becoming Umno Youth chief in 1996.

Never bite the hand that feeds

Zahid, who is also the Home Minister, continued to deny he had plotted against Najib with Dr Mahathir in 2015.

“I have known Najib long before I was appointed his political secretary on Oct 1, 1987 when he was Sports Minister. And I have worked under him till now for almost 30 years.

“I have never bitten the hand that feeds me, much less stab someone in the back,” Zahid told the delegates.

Zahid said that many have challenged him to release the tape recording of his meeting with Dr Mahathir in 2015, held shortly after Zahid became deputy prime minister.

Dr Mahathir had apparently suggested in their conversation that Najib is ousted through a vote of no-confidence.

“They challenge me to release the tape. Maybe I will release it one day but I’m not so stupid. The recording is with me and the recording is with the relevant people.

“The tape is being analysed and narrated now, although it has been two years since it was made.”

He said he had met Najib before the meeting with Dr Mahathir.

“I had been informed that Dr Mahathir had already begun to move against Najib. I went (to see Dr Mahathir) because I still respect him, and Najib had given his approval too.”

Zahid also said he did not mean to raise the question of Dr Mahathir’s Indian ancestry.

“I did not mean to insult his race. More so when Baling MP and Baling division chief Abdul Azeez Abdul Rahim is also of Indian heritage.

“I’m colour blind and we are a multiracial country that needs to respect every race. but I cannot accept it when I am faced with a liar… especially about the RM230 million allegation.” – August 5, 2017.

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Re: CAUTION !!
« Reply #52 on: November 23, 2017, 09:03:13 PM »



美國瞬間發生最大規模富人逃離,暗露天機或將引爆金融「原子彈」
 快聞祥文      2017-08-13      檢舉
美國從2008年開始,美聯儲先後實施了4輪狂印鈔票大放水(QE)後,為了保護美元信用水平的需要,所以,最近美聯儲主席耶倫在會議聲明中明確釋放了縮表(結束QE)將至的信號,並且稱若經濟發展符合預期,會「相對較早」啟動縮表。


 
這就意味著美國人在縮表和美元赤字的雙重壓力下,將導致美元流動性減少,將美元利率推上高位,並直接將引爆美國人自己的資產泡沫風暴。

美國瞬間發生最大規模富人逃離,暗露天機或將引爆金融「原子彈」
圖片來源Conscienciah Web

但在另一方面,BWC中文網的分析師團隊認為,美國的中期增長動力在萎縮,從危機前的4%,走向危機後的3%,現在可能只有2%。增長潛能的下滑,也給美國人工資增長因素帶來一定壓力。美國勞工市場缺人現象十分嚴重,但是工資上漲並不理想,而美國的工人的公共養老金負債已超過5萬億美元,而且目前正是股票和債券市場的泡沫時期。長期以來,公共養老金一直是一種金融定時炸彈……而且現在已經越來越接近導火索。

在「特朗普泡沫的破滅」的預期下,近幾個月來,在伊利諾州最大的城市芝加哥超過3000名百萬富翁逃離了該州,這是目前美國所有城市中最大規模的富人外流,也是世界上最大規模的富人外流之一。


 
這些富人一般都受過更好的教育,有更高的技能,掙的錢也比那些留下來的人多。這些逃離的富人們基本湧向了佛羅里達州、亞利桑那州和其他州。

美國瞬間發生最大規模富人逃離,暗露天機或將引爆金融「原子彈」
圖片來源Fox Nation

這些富人們逃離的原因很簡單,因為稅收的增加和該州債務危機嚴重。伊利諾州是美國經濟發展最落後的州。伊利諾州平均每月的支出比收入要多6億美元,伊利諾州可能即將成為美國第一個崩潰的州。目前,該州甚至連囚犯的食物都已經買不起。

值得一提的是,最新的胡潤中國富豪移民海外白皮書稱中國富人最愛移民美國和加拿大。BWC中文網的一位長期在海外生活的作者告訴我們,中國的富人願意移民美國和中國的富人適合移民去美國是完全不同的概念。

對中國富人群而言,不管他們在中國多麼富有,移民之後要麼成為美國稅務體系的受益者,要麼就會成為這個國家稅務體系的受害者;可怕的是——在這場資本博弈、稅務利益爭奪的無硝煙的戰爭中,有些美國人(比如文章中提到的芝加哥富人)坦然的放棄了、離開了,而中國的富有階層還沒有明白和為此做好準備。


 
其實這對美國人自己來說,所面臨的比美國經濟危險守衛人「特朗普泡沫破滅」更致命的是,他們現在正生活在史上最大的毒蜘蛛資產泡沫之中,有分析師認為,美國人是在慢性自殺,一旦美國開啟貿易戰將會加速刺破巨大的債務、股市和房地產這三類資產價格泡沫。

美國瞬間發生最大規模富人逃離,暗露天機或將引爆金融「原子彈」
現在已經迫在眉睫的是,這些芝加哥的百萬富翁的逃離正在暗暗的揭示美國經濟的天機,或許美國人自己正在引爆這顆金融市場的「原子彈」,,這顆炸彈將毀滅許多美國人。但不幸的是,大多數人都不知道該如何做好準備,在這場資產掠奪戰中,大多數美國人甚至都不知道的財富是怎麼消失的。

今天的美國富人在選擇逃離,甚至在逃離美國,但與此同時,中國的富人們卻飛蛾撲火般地湧入,在"羊入虎口」自取財富」消亡的道路上還要迷失多久呢?!(完)