Another silly attempt by the Americans to hurt Muslims in Xinjiang

American electric vehicle company, Tesla, was slammed by United States lawmakers and human rights activists for opening a showroom in Xinjiang, northwest China, Reuters reported....

Urged to shut down showroom

The Alliance for American Manufacturing described Tesla's decision to open a showroom in Xinjiang as "especially brazen", Forbes added.

In a statement, the non-profit partnership that includes leading manufacturers in the U.S. said, “The evidence is clear: China's government is undertaking a cultural genocide in Xinjiang. Anyone still doing business in the region is complicit."

Ibrahim Hooper, director of national communications of The Council on American-Islamic Relations, urged Tesla to shut down the showroom in Xinjiang and cease the "economic support for genocide", The Guardian reported.

Hooper added that there should not be a U.S. company doing business in a region "that is the focal point of a campaign of genocide targeting a religious and ethnic minority".

The above is quoted from themothership.sg.

This is another attempt by the evil Americans to hurt the interests of Muslims in Xinjiang by fabricating the genocide lie and blame it on China. The whole world knows that there is no genocide in Xinjiang. The world's biggest genocide was in the USA, the massacre of millions of native Indians by the white Americans. Many massacres and genocides were also committed in India, China, Africa and Latin America by the white men. And they got the audacity to cook up such a genocide lie against China in the 21st century when such things can no longer be hidden away?

The fact that Elon Musk is having his showroom in Xinjiang is proof that there is no genocide there, and Elon Musk is calling out the American lie. The showroom would provide jobs for the Muslims in Xinjiang. But the evil Americans are trying to destroy the lives of the Muslims there with this lie and forcing all American companies from creating jobs there.

This is evilness to the core.  Stop the lie. No one is believing in them. The whole Muslim world knows it and are behind China on this. Go and save the Muslims in Iraq, Syria, the Palestinians, in Yemen, Somalia, in Afghanistan etc etc, and stop killing them, stop the wars, get out of their land, evil murderers and destroyers of homes and Muslim lives, turning millions into refugees. These are the truth, and the Muslims are paying dearly for it.

PS. China's response, all the clothing and personal protective gears, mask etc etc came from Xinjiang and would have the word Xinjiang printed boldly on them. Even rare earth is from Xinjiang. Americans and American companies are barred by their laws to buy things from Xinjiang.

Top 20 Predictions in 2022 Part 2 – 1 2022 Prediction (2) – A Turning Point?

 The US unemployment rate in Nov 2021 was at 3.9%. PCE core inflation rate came in at 6.2%. To tackle inflation, central bankers need to consider the impact on the unemployment rate and output (GDP) when they “press the money supply button” to raise the short term Federal Fund Rate (FFR) . Empirically, the downward sloping Short Run Phillips Curve (SRPC) depicts an inverse relationship when plotted in the unemployment-inflation space. When this relationship holds, predictably Okun’s Law (OL) comes into the next “picture” which shows the relationship between unemployment and GDP growth rate. Linking the SRPC and OL, we get to what matters to individuals, households, firms and governments at large which is the sacrifice ratio aka disinflationary output costs. 

As many macroeconomists would know that the original Phillips Curve relationship between unemployment and inflation works well from 1861 till around 1970. The relationship broke down in the 1970s and 1980s. It was later discovered that when plotted in an unemployment-changes in inflation rate space, the downward sloping inverse relationship holds true again using data from 1961 till 2005. 

This modern Phillips Curve is known as the expectations-augmented Phillips Curve. Now, why the need to “drag” this into our earlier discussion? Most importantly the modern Phillips Curve shows a short run trade off in the rate of change of inflation vis-à-vis change in unemployment rate. There is empirical evidence to support an estimated short run trade-off between unemployment and inflation in the ratio of 2 to 1 assuming inflation expectations remain constant. Based on Okun’s Law, 1% rise in unemployment equates to 2% fall in GDP. Linking both relationship (theoretically) gives a sacrifice ratio of 1% fall in inflation to 4% decline in GDP. 

Another renowned economist Lawrence Ball gave an estimate of 2.39 instead of 4 for the sacrifice ratio. Why the discrepancy? This is because inflation expectation changes and tends to be lower during disinflationary period. As we know, the US FED FOMC meeting in Dec 2021 signaled 3 possible interest rate hikes this year (2022). This is where the “problem” is? What is the relationship between change in interest rate and change in inflation rate? In other words, how much and how fast to hike interest rate to lower the inflation rate to the long run target of 2%? 

To be continued in Part 2 – 2 Leo 81 

Disclaimer: Please do your own research. The comment/ writing above consists mainly of personal opinion or interpretation &/ or to be and must be used by any party for informational purposes only. Any party should take financial advice from professionals in respective fields or do their independent research and verify any information found here for the purpose of investment decision or otherwise.

Over-Paid Ministers Have The Tendency To Over-Do Things?

Highly over-paid Ministers have the tendency to highly over-import foreigners, new citizens, new voters, and Covid-19 infected persons. Facts and figures in the past 20 years have consistently shown this trend.

For example, yesterday, Sunday 9 Jan 2022, MOH reported there were 854 new cases of Covid-19 infections. Of these new cases, about 70%, or 587 cases were happily imported and warmthly welcomed. Only about 30%, or 218 cases, were local transmissions, out of which 16 cases were said to have come from the foreign workers dormitories (which I suspect is grossly under-reported).

Also yesterday, of the reported confirmed 327 Omicron cases, 218 were imported and 109 were locally transmitted by the imported. From this data, it tells us that the imported Omicron cases are twice as much as the locally transmitted. That means, instead of reducing the number of imported Omicron cases, the MTF has purposely allowed the number of imported Omicron cases to double that of the local Omicron infections.

Overall, the MTF seems not happy with the small number of Covid-19 infections transmitted locally, and as such, has increased the imported cases to 70% of the total number of Covid-19 infections.

That's my interpretation of the facts and figures.

What do you think?

Anonymous


P/S:

Pampered children are likely to become spoilt brats. Pampered Ministers likewise are likely to become spoilers.

Singapore - The coming crunch

The Coming Crunch

According to a survey of 1002 workers, 24% of Singaporean workers plan to resign in the first half of 2022. 49% are unsure if they would stay in their jobs. The pandemic looms large over the workforce, with 42% of respondents thinking about leaving their jobs and citing the pandemic as a factor. Other major contributing factors include disliking their current job (49%), increased stress (46%), workload (44%), burnout (33%) and isolation (20%).

As of time of writing, 52000 employees remain unvaccinated against Covid. They will be barred from returning to the workplace starting 15 January. Partially-vaccinated workers have until 31 January to complete their vaccination regimen. If they cannot be redeployed to remote work positions, they risk being placed on no pay leave or being terminated outright. Terminating an employee for not being vaccinated would not be considered wrongful dismissal.  

The above is from an article by Benjamin Cheah posted in TRE.

To some this is a good development. It is a good excuse to bring in more cheap labour. And you can be sure the foreigners coming in to replace the daft Singaporeans would all be 'fully vaccinated' and with all the necessary papers to prove that they are vaccinated. And also with all the straight As certificates to boot. The VTL is so efficient in keeping out the unvaccinated and uninfected. Nothing to worry about.

The employers must be very happy. No need to check, don't bother. Can work ok leow. No proper qualifications, fake degrees also can. This is the new Singapore post Lee Kuan Yew. Lee Kuan Yew might be stringent and maintained some form of righteousness and right versus wrong. Post Lee Kuan Yew Singapore, anything goes.  Singaporeans, please make way for hungrier and street smart 'good degree and good experience' foreigners to take the jobs that you do not want. Even CEO jobs in the banks, we know Singaporeans did not want and would happily give away to foreigners. Let the clever foreigners have them.

Singaporeans can all resign, no problem. The only problem is how are they going to survive in this expensive piece of real estate and to live to 80 or 90 without a decent job? Be self employed and drive Grabs, be delivery boys and girls, be door guards or door keepers, or be cleaning supervisors? These jobs would not be enough to pay for a flat.

Singapore is not a country but a hotel.  Singaporeans can fuck off, foreigners can takeover all the good jobs, can become new citizens. This seems to be the thinking of morons and imbeciles, that a country exists no matter what happens to its citizens. The country is more important than its people.

How to buy or service the super expensive public housing? Oh, can go for rental flats.

Vijay Prashad - Foolish Britain still thinks it is a great power

 

https://www.youtube.com/watch?v=ImXERL6FOH8

This 8 min clip by Vijay Prashad talked about Britain's crime against China and India and still strutting around thinking it is a great power without knowing that it is walking around naked.

India and China have a lot in common with regards to the crimes committed by Britain against them and are waiting to make England pay for its crimes.