ABC

Anyone has been Patient and with Vision would easily understand the Current WWIII is.....
As simple as "ABC".

American Born Crisis.

Let us also look at the "ABC" from a different angle.

"A" for Australia.
I am still convinced Australia is better positioned than any other Western Countries.
But this does not mean it can stay away from Troubles.
Within a year, Australia's Unemployment has risen from 3.9% to 5.7%!
Still in Australia, unlike UK & US, at least many 1st time buyers are rushing to buy houses!

"B" for Britain.
The Once Greatest Empire - now the Greatest Depressed Nation.
Its Mess is Almost the Worst in Europe
Its national debt is now over 13% of its GDP (just behind Ireland)
And its Current Credit Rating of "AAA" looks almost certain to be Downgraded!

"C" for China.
Almost every country is betting on its Recovery.
Then again, its growth has been down from two digits for the last ten years to first, 6.3% and recently.......6.1%.
Before trying to save the world, China has to save itself first.
It is estimated for 1% Less Growth, there will be 7 Million More People out of job!

Now, back to the Biggest Economy.
"ABC" - Americans Better Covered?
With the 19 Largest Banks passed the "Financial Test" conducted by the US Government.

But there is a catch.
There are Three Criterion.
GDP, House Price & Unemployment.
And there are Presumptions on all these Criterion.
The Unemployment in US is Presumpted to rise to 10.3% by 2010.

So, this is exactly the Problem.
I believe the 10.3% has ALREADY been reached if the officials reporting the Truth.
Even with some foul play, the US Unemployment is soon to hit 10.3% - NOT till 2010!

Do you know there were 25 banks in US gone under in the whole year of 2008?
How many banks do you think have gone under so far this year?





29! And we are not even half way of the year yet!
But ALREADY beaten the last year's Total!


So, what should we do NOW?
Just like what you did in the Past, what you've been doing at Present......


"ABC".



Always Be Cautious.

Fate
Learning is Ongoing
P.S. Alice, thanks for your Feedback to my post dated 16 April. We did NOT contact your family during our recent trip to the Gold Coast was because we'd like to be alone, to think things over and to then make a decision. And we made the decision that our boys are to move to another school NEXT term

The Beatles

I remember the 1st cassette tape, No, NOT CD - I'm that Old!
The 1st tape I had in the Mid 70s was "The Greatest Hits of the Beatles"

"When I found myself in times of trouble......"
Yes, "Let It Be".
For those losing 50% (if not more) in the shares would certainly remember this oldies.

"Help! I need somebody......."
Yes, "Help"
For those asking the Government to Help, have all these "Stimulus Plans" really Helped?
Japan is to launch the 4th and Australia is ready for the 3rd!!

"The Long and Winding Road........"
Yes, this is definitely the case.
No Recession in US after the Great Depression had lasted longer than 15 months.


Well.....well.....well.........UNTIL this one.

The Current Recession in US was confirmed in Dec 08 that it had started in Dec 07!!
So....with the help of my fingers.....
The Recession has ALREADY pasted 15th month and into its 16th month.

And there is NO Sight of its Ending.

In fact, the Current Recession, which I call the Greatest Depression.
And the IMF calls the Greatest Recession is looking increasingly like the 30's Great Depression.
(Enough Confusion?)

It had taken the Wall St 33 months to reach the Bottom in the 30's Great Depression.
So, if History is to repeat itself and to repeat in the Exact Format - we're only Half Way there!!

And now even Australia, which is much better positioned than any other Western Countries, cannot escape "Recession".
Unemployment now hits 5.7%, with 1,000 people losing their job EVERYDAY!!
(http://www.abc.net.au/4corners/content/2009/s2544841.htm)

Let's hope the Good Old Memories of the Beatles can Help us all feeling better in this "Never Ending Battle"

"Battle Against the Greatest Depression"

"Hey, Jude, don't make it bad......."

Fate
Stay Happy. Stay Healthy

Surprise, Surprise

Life is full of Surprises.

Easter Holiday is NEVER Easy.
Because we as parents are Obliged to arrange activities to keep our children happy.

On Easter Sunday, after arriving at an Aquatic Centre, we're Surprised to see the Indoor Pool was closed on that particular day for...............
floor maintanese.

More Surprised to see our boys NOT feeling cold when swimming in the Outdoor Pool.
(We're in Autumn now in Australia)

Most Surprised to see there were only...................









Four of Us in the WHOLE Pool - a bit like having the Biggest Private Pool at Home!!

Was the Real Fate trying to remind me,
"Those Try Harder will Gain More"?

Another Surprise came yesterday when us arriving the Gold Coast for our 4-day Break.

Our boys just enjoyed playing the sand, swimming in the sea, observing the waves, running in the sand, pretending surfing etc....so much, they did NOT want to visit any of the Theme Parks - the Reason we came to the Gold Coast in the first place!!

Was the Real Fate Trying to remind me,
"Big Happiness come from Small Things"?

Then, came the Biggest Surprise when me opening an E Mail yesterday evening.
An E Mail from the Goggle Team.

I was advised there would be NO More Advertisements appearing in my Blog.
That's why it's now Blank above the Title of the latest post.

This could be a Good Thing for me for two reasons.

First, I feel a bit Embarrassed by the Financial Advertisements - when I've been warning everyone NOT to trust the so called "Financial Experts"!!

Second, I think I should now try another way to express my views other than in words.

So, you should not be too surprised that one day if you're to see a "Batman" giving some "Funny" financial views on YouTube.
Well, assuming I could understand the ever changing technology first!!

Was the Real Fate trying to remind me,
"Never Restrict Yourself to Only One Option"?

What about you?
Have you got any Surprise recently?
E.g. being Surprised by the Sudden Share Price Surge in the US Financials?

If so, let me Warn you,
"Be Ready for More Nasty Surprises."

The Relaxing Accounting Requirements recently introduced in US would only mean Three Things,

Delay the Problem

Creat More Problems

AND Inflate the Problems

Fate
No Problem if you're Ready for Any Problem
P.S. Carol, thanks for your comment made in respond to my post dated 11 April.
I could only hope that your sister is NOT going to hit me if the HSBC share price hits HK$100 again soon!

Decoding Obama

Barack Obama, the current US President, the Most Important Person in the world.
Is he an Eagle, Pro-War or a Pigeon, Pro-Peace?

Let's Decode His Name and look into his Future - and Ours too!

"Barack"?
Reminding me another (very similar) word, "Barrack".
Just looked up in my old dictionary.
"Barrack" means "large buildings for soldiers to live in".
A Sign of an Eagle?

Hm...... then "B Obama"?
Let's re-arrange this.
It becomes the Shocking Words,













"A A Bomb" = "An Atomic Bomb"!
Another Sign of an Eagle?

Is that why he has warned others Iran has the "Nuclear Bomb Making Technology"?

Is that why he has expressed concerns about North Korea's Long Range Missile Test?

Is that why he has attended the 60-year Anniversary Ceremony of NATO - a Strategic War Alliance?

Is that why he has visited Turkey - to get back the military base for his soldiers?

Obama may not be thinking about starting a War NOW.

But, never say never.
When the US Economy getting Worse and Worse in the coming months,
And when every other alternative has been used,
Desperation may temp him to take this War Option - to shift everyone's Attention!

Just like President Roosevelt "Utilitsing" the WWII to "End" the Great Depression in the 30s?

Fate
Change Your Thinking, Change Your Fate

The Biggest Mistake

Yes, you're to make this US$1,000,000,000,000 Mistake.
Well, ONLY if you believe the amount agreed by the G20 would really save the world.

Do you know how much the US Government had already spent BEFORE Obama took over the Presidency?

At the last count on Dec 08, it was between US$6 Trillion and US$ 8 Trillion!!!
Which is > than the TOTAL amount the US has spent for ALL the wars it has so far fought!!!
Yes, that is, > WWI + WWII + Korean War + Vietnam War + Gulf War + Afghanistan War + Iraq War etc. !!

Which is also ONLY 250% MORE (In Real Term) than what it had spent back in the 1930s in trying to fight off the Great Depression!!!

Do you know how much the DAILY turnover in the Forex Market is?
About US$ 3 Trillion.


Do you know how much the CDS market is?
Over US$64 Trillion.

Remember, Obama has already pledged to send MUCH MORE than US$ 1 Trillion before G20.
And that was intended for the US Economy ALONE.

So, do you really think this Tiny amount US$ 1 Trillion can save the Global Economy?

Do NOT make the Biggest (Investment) Mistake - believing in something that you should NOT be believing.

Sell your shares before it's Too Late.
Before your shares drop by another 50%!! (If not Worthless)

Fate
Sell when the Others Feel Good