Monday, March 8, 2010

Move

Have been extremely busy lately.
As I've been Literally,
Planning my Next Move.

But, first thing first,
Have a quick Reality Check.

HSBC.
The World's 3rd largest bank.
Recently released its result.
2% rise in profit - that's really Bad.
The World economy still has NOT recovered.

Sterling Pounds.
Depreciated by over 5% since 1 Jan 10.
With a Normal Leverage of 20 times,
That's a 100% profit for some Hedge Funds!
Big Crocodiles still making Big Money.

USA.
The Eye of the current Storm.
1/4 of houses are in "Negative Equity"
10% of that are 25% BELOW market value.

In 2008, when Lehman Brothers collapsed,
Experts were warning, "Systematic Failure"
Now, we're looking at,
"Sovereignty Failure"

US has recently been hinted,
Having a 40% chance of Failing.....
Failing to Honour its Obligation.
Its Trillion $$$ Debts.
Has China NOT recently sold some of its US Bonds?

After Euro, it could be US$,
And then.....
China.

All these building up of China being,
"Unscathed in the current crisis"
"Chinese Economy is Growing fast again"
"Properties in China still Rising"
"RMB will be Appreciated under US pressure"

Only pointing to one thing,

"China is the Origin of the 2nd Wave"

Can you NOT see it coming?

Fate
Minimising Risk to Maximise Profit
www.myboysmyboss.blogspot.com

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