10/31/2024

Christianity converted the natives in the early days of conquest by force

 I am apt to believe that Christianity is such a widely followed religion stems from the early days when it was shafted down the throats of Natives by force, enforced conversion through conquest of weak countries, indoctrination and using the carrot and stick of using heaven and hell to instill fear. Human beings have two major weaknesses that had been exploited - greed and fear. Greed for wanting heavenly bliss and fear of the unknown befalling them if they do not follow.

If Christianity is so well accepted, why did it fail in China and India and even Red Dot. Muslim countries have their own safeguards against Christianity, which forbids Muslims from being converted to Christianity. That is their 'Red Line'.

Here, Buddhism lost the edge in becoming a well adopted religion worldwide, particularly in the West, because Buddhism, which by the way is more a philosophy than a religion, believes in freedom of choice, and that belief is not handed down or imposed by parents to offspring by force. That is why Buddhism harbor this belief by advising would be followers to understand the beliefs and doctrines before getting converted.

Today, Buddhism is still a major religion in China, Sri Lanka, Thailand, Myanmar and Singapore. 

Anonymous

American terrorists stole the continent of North America, now continue to steal sovereign assets

 ‘Theft’ of sovereign assets now US government policy – Moscow

Washington’s use of the proceeds from frozen Russian assets to repay a $20 billion loan to Ukraine shows that the US has advanced “theft” to the level of government policy, the Russian Embassy in the US has said.

On Wednesday, President Joe Biden announced a “historic decision to leverage Russian sovereign assets to support Ukraine.” The US will provide Kiev with a $20 billion loan as part of a broader $50 billion G7 package, he said in a press release.

The day before, both the EU and UK announced loans of their own, similarly to be repaid via interest from Russian funds.

The use of windfall profits from blocked Russian assets will provide Ukraine assistance “without burdening taxpayers,” Biden said.

Western countries sanctioned an estimated $300 billion in sovereign Russian assets soon after the escalation of the Ukraine conflict, blocking the assets in Western financial institutions.

As of end-August 2024, Singapore is blissfully holding US$239 billion in US Treasury securities, up US$54.8 billion from US$184.2 billion a year ago. In the same period, China has trimmed its holdings from US$805.4 billion to US$774.6 billion.

Anonymous

10/30/2024

Russia's bad experience with the rupee

India is fuming mad about the minor role of rupee in the new currency being pushed out by BRICS. Modi is pushing very hard to want BRICS to accept rupee as a major currency in BRICS. Unfortunately no one really want to have anything to do with the rupee. Russia's bad experience with the rupee is there for all to see and Putin has also decided to write off the rupee.

When Modi wanted to buy Russian oil on the cheap, he offered to pay with rupees and Putin agreed. Subsequently the amount of rupees held in the hands of the Russians surged significantly which was not a bad thing, until when the Russians wanted to use them but found out there was nothing that Russia could buy from India. India did not produce anything that is needed by the Russians. To make matter worse, for whatever left that the Russians wanted to buy from India, the Indians refused to accept rupee for payment. Yes, the rupee is not accepted as payment by the Indians. What else then can the rupee be used for? The Indians suggested that the Russians can invest the rupees in the Indian stock market. Then what? After investing in the Indian stock market, and if there are profits, assuming that the Russians accumulated a lot of rupees, what for if the Russians have nothing to buy from India and also cannot use the rupees to make payments?

What about those countries that invested heavily in India? Do they face the same problem of earning rupees and cannot use rupees to pay for Indian goods? Or they just simply reinvest all the rupees in the Indian stock exchange to earn more rupees...the big question, for what, what to do with the rupees when it cannot be used to buy Indian goods and how many things produced in India are worth buying?

Would foreign investors be in India to earn rupees for the sake of earning rupees to boast that they have so many trillions of rupees in the Indian banks, but cannot do anything about the rupees? Maybe Singapore has the answer, after all Singapore is pouring many hundreds of billions into India to earn rupees. Foreign investors are paying for their investments using good money or US$. Can they take out the same money when liquidating their investments or they have to take out only in rupees? When Indian companies or the Indian govt bought over foreign companies, they are paying in rupees! So, what to do with all the rupees, reinvest in Indian stock exchange to earn more rupees?

What do you think? I think the Indian workers in Singapore would be paid in S$ and not in rupees. Maybe Singapore can set up a consultancy on investments in India and how to take out profits or investments from Indian in other currencies and not in rupees.

Many Singapore companies are encouraged or invited to invest in India to earn rupees.

PS. India cannot dedollarise as no country would want to accept rupee for payment except for one or two countries. Not just BRICS countries but also America and the European countries. India has no choice but to use US$. No country is so stupid to want to earn rupees when India would not even want to accept rupees to pay for Indian goods.

Winners do not need underhand tactics like sabotage, sanctions, tariffs and threats

 While the USA and the West are using propaganda fabrication to win, China is using facts and reality to win. The world has learnt to separate the wheat from the chaff, the good from the bad. They can see who is winning and who is getting battered.

Everything is so obvious as to who is winning. Winners do not have to resort to underhand tactics like sabotage, sanctions, tariffs and threats to win. They win on merit and thrive on reality. Only losers resort to using unfair means to keep others down, demonize their progress, form blocs and alliances to hinder the progress of competitors. It is a double-edged sword that cuts both ways. It stifles innovation and dims the ability to compete, not to forget that competitors can always retaliate. And as competitors move forward, the gap is going to widen instead of narrowing.

So, how is the USA and the West going to compete moving forward? Will more sabotage, more sanctions and more demonization solve the problem? Already they are not able to compete in EVs and major ICE vehicles manufacturers are suffering. Not to mention that the days of the US$ hegemony is ending and with it the effectiveness of sanctions. 

Anonymous

Foolish Americans with foolish propaganda only fooling themselves

 Countries cannot remain foolish just being brainwashed by Western propaganda. And propaganda being repeated over and over again is not going to change people's mindset with truthful information readily available with a click of a mouse.

Those propaganda demonizing China have now mostly been defanged by countering on social media, not by China officially, but by vloggers that travelled to China. They are doing a good job for China, free and easy without China having to fork out hundreds of millions like the USA to manufacture misinformation and disinformation.

The lie about Xinjiang and persecution of the Uyghur Muslims are now dead and buried with the opening up of visa free travel to selected countries. Foreign visitors to Xinjiang are still searching for those concentration camps that never existed. They exist only in the fertile minds of those who lie, cheat and steal.

The lie about the Chinese Government and the CPC being a bad system for China had been put to rest with the Chinese Government lifting more than 800 million Chinese out of poverty. Which other democratic country has done that on such a scale?

Now they are lying about China's overcapacity as a threat to other countries. How is that so, when China's overcapacity is making life easier for the Global South with cheaper products from China's manufacturing overcapacity, which they would otherwise have to pay an arm and a leg to Western manufacturers. And that has been touted as bad for countries around the world? The reality is that it is bad for the USA and EU by not being able to compete on a level playing field.

Anonymous