The Asia Asean Summit came and gone, cordially and with many economic
issues addressed and advanced. The Asean states and their Asian partners
locked themselves up in Bali and Brunei to discuss and chart their path
for economic cooperation and trade. The climate was conducive and
dignified and befitting of a platform of national leaders in conference.
The enmity and hostility were totally absence. There were no thumping
of the table and no gangster was there to set the agenda for Asean. It
was Asean taking the lead as host to other Asian leaders. It was all
about moving forward for their mutual benefits. No gangster was there to
seize the moment, to hijack the meeting for its hideous motives and
agenda.
The recent Asean Asia Conference and Summit were marked by the absence
of tension and big power rivalry and big power agenda. The gangster was
not there to stoke tensions talk about instability and threats of war
where there were none. The gangster was not there to agitate and incite
interstate rivalry and hostility when there was none without the
gangster behind pulling the strings.
The meeting was one of the most productive and least contentious that
Asean and Asia have had for a long time. Whenever the gangster was
around, it was the gangster that set the agenda, for more bickering and
for creating fears and threats of war.
Thank God for keeping the gangster away, for keeping him busy and no time to cause mischief in the region.
8 comments:
Mr RB,
The Chief Gangster had his hands full with the shut-down and the debt crisis.
Now, just kick the can further down the road.
MOT, they will default the loan obligations.
Now just wayang, wayang a bit.
Best solution to waive off the debts. Not even has to cut GI haircut as applied to other countries.
Their savings only can last them two weeks before they die of starvation.
That's their lifestyles.
Living on credit and keep printing banana dollars S$$$
Countries like China and Japan holding more than US$1 trillion of treasury bonds must be sweating in their pants. Then there are the rich Arab countries and some European countries, plus some Asean countries...would their treasury bonds also turn to dust?
These countries must quickly unload their holdings and diversify to other currencies and assets before everything goes up in smokes.
Mr RB, CNN latest report talk about possible default.
Better not if you know what will follow.
Latest I heard, they have kicked the can down the road so expect them to start thumping tables again to assert their imaginary paper power, literally.
This quick fix before the dateline is merely a temporary respite.
Turn the US$ to real toilet paper. Dumping US$ debt instruments simultaneously by China Russia would have a cascading downstream effect on their so called allies who will follow suit to save their asses.
It's time the world takes a closer look at the US$ as a reserve currency AND ACT before a financial apocalypse!
Aiyah, one party no gangster is no big deal lah. The gangster dun have money to put gas in his plane lah, nor pay the flight crew and security detail (which comprises of the US Navy patrolling nearby). Boh lui lah...at least for a few weeks more, after which the printing will resume, and business as usual...the wayang will be over. By next year the debt will be 20 trillion, and nothing would have radically changed.
Next party, gangster will be there. His Navy will be offshore ready to tekan anyone foolish enough to try some shit.
Global superpower lah. It's not that HAVE the money. They have the means of BORROWING money. Already broke/ bankrupt by several orders of magnitude, bloody stupid idiots from other cuntrees still LEND MORE MONEY to these crooks. Global superpower PLUS world's reserve currency. Wah, damn good.
don't have western gangster, still have asian gangster, right ? some more one of the richest in the world.
"Everybody knows that in my bag I have a hatchet, and a very sharp one."
I think others are already abandoning the us as reserve currency. No one will buy their bonds and they will have to raise interest rates. This will cause property crash in most cities dependent on debts.
Post a Comment