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The man that refuses to leave the job he hates

It took the US just 6 days to go from 10m infections to 11m.

Almost 200,000 a day.

The hospitals are quickly filling up across the country.

And what does this fella do?

Whine and whine and whine, and sulk, and whine some more, and trying to steal an election. Not a single word on covid19.

 

Andrew Loh

 

 

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46 Responses to “The man that refuses to leave the job he hates”

  • Stop The Steal:

    Whine and whine and whine, and sulk, and whine some more, and trying to steal an election. Not a single word on covid19.

    He is working for money as a president. Would you take up such a stressful job without adequately compensated? He does not risk his life by trying to make America great again. In so doing, he has antagonized with mainstream media, wall streets and huge corporations that put profits ahead of Americans. He could be assassinated by the shadow government by not putting the interests of huge corporations first. He knows his precarious position, yet he presses on. Does he hate his job as a president?

    The mainstream media and social media are censoring much of the important news. Thus, I won’t be surprised many are misinformed. Not reading the news, we are uninformed. Reading the news we are misinformed.

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  • mike:

    @ Stop the Steal,

    I agree with you, many folks are blind by the leftist media in the past 4 years about Trump. Most choose to read the media blindly, find it entertaining to make fun of Trump, without taking the initiative to learn about this man.

    Many people tell me Trump is an idiot. Causing all the current problems to the world… i was like… “what the fxxk, i am living among these greater idiots?”

    And mostly, i would tell these Trump haters that “Trump got no obligation to make your life or mine easier, he is responsible for his own people”

    Like it or not, Trump represents millions of his countrymen who are being displaced by globalisation in the past two decades.

    Don’t we wished much to have a leader who look after our interests?

    Dumb idiots who do not have independent and critical thinkings and happily be manipulated by the media.

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  • Uselesstankl:

    REMINDS ME OF PAP MINISTERS,

    ESPECIALLY THAT ROTTEN WOOD !!!

    EDWIN TONG , CALVIN TONG,

    56K A MONTH NOT ENOUGH FOR ME !!!!

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  • TUMASIK Patriot:

    Like all Pandemic from the Dark ages to the Enlightened one’s TODAY!!!…it will pass…a form of Natural Control of the Population and NOT like the Force Population CONtrol of LeeGal Abortion…

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  • mike:

    https://m.youtube.com/watch?fbclid=IwAR3pdcDwf9dCDV8mLeUE1GLCXEUMd_WgiGvYMjwQgXEQA9_gxvaE22Ow2bY&feature=share&v=AiwpOMwPx0A#dialog

    For those who bother to know about what is/was currently happening in america, feel free to watch the above documentry.

    When the investigation cannot find evidence and the case ended, those who plotted it still goes unaccounted for. That is evil.

    Also feel free to watch this
    https://m.youtube.com/watch?v=zc_2GBg1PvM

    She is a very respected lawyer in america.
    What makes her wanted to tears when she was simply doing press briefing? Go figure out!

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  • What is truth ?:

    What is truth ?
    Define by the bias media ?Will be in serious trouble if yes.
    Better to check from all sources and make your own informed decision.
    Fact is always stranger than the news out there…

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  • John Richards:

    Covid is nothing more than a different version of the flu. Every year the flu comes and goes. Even before Covid, many old people with weak immune systems die every year all over the world because of the flu. With Covid, the numbers of dead people and infected people remain similar
    as in previous years. This is a fact. Go Google it.

    The reason Covid is made out to be a dangerous pandemic is because the people pushing the agenda want to get rid of Trump. When an equal number of young and old people die, you can call it a pandemic. As it is, the majority of those who die are all old.

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  • Andrew missed it a mile....:

    CCP desperately want a Biden socialist presidency. His family’s up to their throats in CCP business connections, let alone his son….the Smartmatic and Dominion election software used in this U.S. elections are both foreign owned and one of them is closely allied with George Soros, the other owned by socialist Venezuelan boss.
    Fraudulent results are popping up across the country like a grand ugly facade ….stay true Andrew.

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  • oxygen:

    @ Mike

    NOTHING IS WRONG of Trump’s pursuit of US national interest in top unyielding priority.

    It is, nevertheless, hard to imagine these partisan (Republican) is devious of intent and public publishings like this.

    Romney, Sasse rip Trump’s effort to overturn election results

    https://www.marketwatch.com/story/romney-sasse-rip-trumps-effort-to-overturn-election-results-01605847227?mod=home-page

    I am certain that Marketwatch.com is a business/finance platform of global assessed stature, and recognition standing is NOT left wing of political orientation nor contents distribution.

    mike:
    I agree with you, many folks are blind by the leftist media in the past 4 years about Trump

    The “red” (Republican) states turned “blue” (Biden’s democrats) by their own volition. To alleged PLAUSIBLE WIDESPREAD FRAUD – requires the cooperation of “red” states (ruled by Republican party congressional members) to conspire with neutral electoral office to upstage the election neutrality TO SUBVERT THAT MACHINE TO THE DESTRUCTION OF THEIR OWN SELF-POLITICAL INTERESTS.

    No defeated Republican in the 2020 election claims fraud and asking for recount except Trump.

    They know the election is clean and they have not done anything in collusion (alleged by Trump campaign) stupid to subvert their own political career
    ending.

    Despite the heat of bitterness of hard-fought election, there is no national wide fury in street riots, arson and looting across America which police brutality against coloured people is enough to lit the “prairie fire”.

    The court judges in Georgia and Pennsylvania have ruled against Trump campaign, are they leftist conspirators too which Trump turned to seeking to reverse the electoral outcome.

    IS TRUMP THAT STUPID AS THE VIGOROUS BITING US MEDIA PRESENTED HIM TO BE?

    Remember, he even wants to fire the Fed Chairman, is he an economic genius lording over even the collective informed minds in the Fed? Or he thinks political governance is smarter than (and of greater depth of experience) central bank when it comes to handling complex economic uncertainty and even understanding of complex economic aggregates forging turbulence?

    My take is that he is an idiot, not much clever than a circus barker or an canival busker.

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  • mike:

    @ Oxygen,

    You are definitely entitled to your opinions. And i appreciate your sharing with me.

    To say marketwatch, perhaps we should look at the companies who owns it.
    Not that one can’t be independent, but how much can one be when the purse strings are pulled?

    Your life experience should tell you how much truth in the above statement.

    Whether this election is CLEAN or not, time will tell. Let’s give one another a chance to be proven wrong :)

    If Trump is an idiot… what does one call this –>> https://m.youtube.com8/watch?v=MA8a2g6tTp0

    And frankly if Fed are filled with expertise, then what was sub-prime about? Honest mistakes? And can Fed reverse the situation of corporations leaving America?

    I am not undermining the roles of these ‘experts’, Fed is just a tool or a governing mechanism. I never believe that a can opener is any more imporant than the can of tuna.

    Hope u won’t find my level of straight forward rude. :)

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  • mike:

    @ Oxygen

    While i respect u for your knowledge and experience, i cannot agree with the use of one’s profession in a negative narrative. We can call Trump an idiot whether or not it is true.
    But implying one’s profession in association, in such a manner, only brings insult for an innocent 3rd party.

    :
    My take is that he is an idiot, not much clever than a circus barker or an canival busker.

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  • Dr. Chan:

    CCP has Biden in their pocket book. Biden says he will undo everything Trump did in a news conference by the MSM.
    He says he will rejoin the corrupted WHO, remove tariff for China etc…
    So probably UK, Australia, India will have to go at CCP without US. Then the Quad will become the Trio?
    And Biden’s US will not back Taiwan if CCP decides to invade.
    There will be a huge power shift with CCP and Biden on the same side.

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  • PAP mandate strong:

    @ Whine and whine and whine, and sulk, and whine some more, and trying to steal an election. Not a single word on covid19.

    Yes , similarity! A reflection also as displayed by many opposition supporters here. Decades ago. We have wp former indian candidates who also previously kpkb election rigged.

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  • xoxo:

    But Donald really hates his job.
    He just loves the POWER.
    Here in $in City,THEY oso hate their jobs but NOT THE MONEY?

    Guess,PAPple need to give up their jobs to those PEOple who like to SERVE their countrymen.

    Maybe LEE AH LONG n his PAPple shud order a RECOUNT of votes as well?

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  • oxygen:

    @ Mike

    ALL DISAGREEING THOUGHTS are welcomed, definitely including yours, mate.

    The Fed is no miracle. But for all its flaws, its decisions are found to be within bounded rationality of then prevailing economic parameters. Like all CBs, I did prefer that no political governance interfere with CBs decision-making processes and deliberations which something must necessarily very heated within but blindfolded from public eye for market confidence. Where the CBs are wrong or perceived to be wrong, the financial market are brutal of its message feedback and punishment.

    But with Trump’s intrusive “interference” who punish him for failure/mistake he makes?

    And when market fight backs with relentless force, what is Trump going to do next? More headstrong resistance, and global economies collapse??

    Share with you this thought of reality observation – Trump wants to force the Fed to lower interest rate. Of course, that FINANCIAL ENGINEERING IS GOOD for asset bubbles and for those with risks capital betting in the “casino” (stock markets). It is MY ADVANTAGE of Trump’s financial engineering propensity and political pressure on the Fed, WHAT GOOD IS THAT TO FINALITY if excesses as such result in a global financial market meltdown, and huge millions left unemployed for a generation.

    Financial engineering is NOT wealth creation – at least not sustainable. It is “bubble creation”. I can’t speculate Trump’s intent of his direction as a billionaire businessman sitting on the most powerful chair in Washington, also wants a finger in the cookie jar of economic leverage via domination and control of Fed Chair.

    If political governance did the same in Brussel (EU) or Merkel arm twist Bundesbanks or XI Ci Ping arm-breaking the People’s Bank of China or Present Tense breaks the arm of Ravi Menon’s, I would be alarmed of what is next catastrophe going to strike on the economic front.

    All CBs are at least, must remain independent of political pressure, so that they can do their jobs well as best as they could.

    Look at what is achieved in China, their progress on labor productivity front allowed them to gain REAL WEALTH VIS-A-VIS the rest of the world.

    The rest of USA, EU thrives on financial engineering (Draghi promise of whatever it takes) all failed to economic competitiveness. They sagged under the weight on escalating leverage of govts and society. What they got is asset bubbles fed with runaway debt.

    I AM ASSUMING TRUMP IS WITHOUT AVARICE in his motivational striving for Fed suppression of interest rate, that leaves me with no alternative but to conclude this RESIDUAL EXPLANATORY CAUSATION.

    oxygen: My take is that he is an idiot, not much clever than a circus barker or an canival busker.

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  • oxygen:

    @ Mike

    Trump surrounded himself with hawks – mostly anti-China. I am no China fan either – China is always not what it seems to be. Those tariff trade wars engaged by the Trump administration left visible damage of SUPPLY-CHAIN DISRUPTION globally.

    You want to know what does that mean?

    To me, it means the minds in Trump’s administration see global economy is SEQUENTIAL INTER-DEPENDENCY. They thought – wrongly I believe – by disrupting trade via simply imposition of punitive tariff, which the Chinese also retaliated to varying degree, they can bring China to its knees without sinking the rest of the world.

    WRONG!

    The EU would want to address grievances too of some obnoxious trade practices within China like theft of intellectual property and other administrative obstructions etc etc, but EU, Japan and Australia knows tariff imposition won’t do the trick of “persuading” China to change its ways. They too gained from bitter-sweet trade in that entrenched even at times acrimonious relationship.

    The rest of world understand that GLOBAL ECONOMY IS BUILD ON the premise of POOLED INTERDEPENDENCE.

    Just look at the extent of integration and joint ventures in the global automotive industry – it is like a family of mixed marriages across nationalities – almost incestuous of shared parts supply where a car parts manufacturers sells almost identical parts to different automotive manufacturer.

    I believe the same thing is happening in the white goods industry as well.

    WORLD ECONOMY IS POOLED INTERDEPENDENCE FOR ECONOMIES OF SCALE ADVANTAGE AND LOWERED COSTS TO CONSUMERS.

    And Trump wants to shake up the China by DISRUPTING SEQUENTIAL INTERDEPENDENCE route when global economy is functioning on a POOLED INTERDEPENDENCE platform.

    Shutting down Chinese technology also negatively impacted on US semi-conductors businesses.

    IS TRUMP NOT BARKING UP THE WRONG TREE?

    I leave all to think of this in calm reflections.

    My bite with Trump is finance and economics. His election tantrum is just his theatrics of lies and bluffs -which given time – he will climb down to reality.

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  • Let's make Singapore great aga:

    Oxygen man, the more you bark about your Trump thingy the stronger is our conviction that you’ve a hidden agenda behind the haywire complexity of your solipsistic sophistry.

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  • Support Trade:

    @Mike
    @Stop the steal

    You all never pay attentions of America news and happenings there, so you don’t really know the real Trump.

    FYI even our singaporean government also never like Trump since he is selfish & only care of his own American peoples. Countries of whole world suffered since Trump became US President, it is not only China economy suffer, all countries like Singapore & Malaysia & Canada also suffer. Today whole economy is integrated & globalization, how can a American President care only his American economy & ignoring other countries? Then all other countries eat what? Even global weather climate agreement he also cancelled the agreement! Then how, who going be leader & sponsor pay the high costs of finding solutions? World weather, climate change & pollution are all getting bad & danger to world human, plants, land, cities & animals! Trump is most unresponsible President in American history! He even send American army bring Covid 19 virus to China & other countries, in the end so many peoples dead! He is so racist & stop Chinese experts & Chinese talent students contributing in US! Peoples from all world are now condemn Trump bullying of China government officers & citizens & call him resign! Biden & Obama understand China better & respect China. World will become peaceful & rich without Trump be US President! Is also good for Singapore also.

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  • mike:

    @ Oxygen

    IMHO, i see an infinity loop on glorifying FED role. What FED can do is facilitating a stable environment, which i do agree with you. FED is a service provider, it produces no physical goods, yet its decisions and actions affects the real world. As i mentioned, a can opener is a can opener. This is where our common understanding comes to a point.

    Economy is a complicated animal. When i learned that “all things held equal” the reality is more likely “all things find its equilibrium”. A decision or a non-decision does not mean a pivot point stays.

    To Trump, “i run a real business empire out there, i know what’s good for me”. To FED, “i know what is good for you (and for me), i set the rules”.

    This is always the type of situation when soldiers spills blood on the ground, the decision makers eat donuts and make decisions, with the people sitting in front of the TV having pop-cons, cries and cheers…

    A can opener is still a can opener, it does not fill my stomach. I need it to open can of tuna when i need it. But it is not the end of the world without the can opener.

    Furthermore, who appointed Janet Yellen (do check put the open source information on her, please)? And the reason of removing her is just as much as we know, coming from the media, and who really IS The Media?

    So, if we say Trump has an ultimate motive to remove her, i don’t disagree. What i may not agree is just the reasons, the reasons which were known to us, or made known to us.

    oxygen:

    GLOBAL ECONOMY IS BUILD ON the premise of POOLED INTERDEPENDENCE.

    “POOLED INTERDEPENDENCE”, this is the best word i ever encountered. And you had hit the nail! Trump’s decision compromised the interest of those who binded together and milked their own respective domestic cows. The forming of the “world factory” in the last two decades provided an easy environment for global leaders to focus on just providing services to facilitates the distribution of real goods. And i can assure you that managing numbers is much more easier than sewing a pair of shoes. Ain’t GDP a way to measure how well the rich are doing?

    Globalization, shifting productions to the world factory, this is what i saw : factory workers who earns a monthly salary with benefits turns into cleaner wiping our table with hourly wage. And these are the more ‘fortunate’ examples living in the cities. While, the politicians and the top cream continues to wipe clean the benefits of globalisation into their own accountS.

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  • mike:

    @ Oxygen,

    Sorry to above display, i’m responding on the move and on this idiot phone that gives me challenges when entering my messages on a webpage. Sorry, i called my phone ‘idiot’ although i know it is not really its fault as i try to use a can opener to cut cookies. ^.^

    oxygen:
    Look at what is achieved in China, their progress on labor productivity front allowed them to gain REAL WEALTH VIS-A-VIS the rest of the world.

    The rest of USA, EU thrives on financial engineering (Draghi promise of whatever it takes) all failed to economic competitiveness. They sagged under the weight on escalating leverage of govts and society. What they got is asset bubbles fed with runaway debt.

    I AM ASSUMING TRUMP IS WITHOUT AVARICE in his motivational striving for Fed suppression of interest rate, that leaves me with no alternative but to conclude this RESIDUAL EXPLANATORY CAUSATION.

    Perhaps our understanding have been on a parallel universe, bear with me as i am trying to reach out to the alternate universe.

    Abraham Lincoln: “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

    What is achieved in China? By itself? Through these globalisation doctrine celebrated by lazy politicians (or rulers)? How is productivity measured? Without the influence of exchange rates and preferential status? “All things held equal”? Without special status ensured by WTO? And who really controlled WTO? WHO showed us who is the ‘real boss’ and 2020 soon becomes history.

    Without much production units left in the economy, what else but focus on service industry to milk the economy? Ain’t finance and properties the most easy to beef up the numbers for the year end performance bonuses? Where are the real generators of the economy? Oh, its in my pooled interdependence partners in CN, IN, VN and all others which have lower cost!

    This is a strange world. Globalisation make it more strange. If i reduced my interest rate trying to encourage growth of buiness, the fact is my real estate market debt escalated, my spending spins more… while my businesses take loan on the money and invest elsewhere with lower cost! If my interest rate is higher my local production can never survive taking local loan. My economy slows further… damned if i do, damned if i don’t! And thus Taxation becomes a natural weapon. Globalist hates it. The one benefiting from it hates it. So easily the biggest beneficiary in this case is CN, next could be VN, could be IN… so the Globalists are learning their lessons and started to diversify the eggs. And Trump administrators are not going to sit there to wait for it to happen. Unilateral trade deals becomes another tool.

    I am not an economist, neither i am a financial expert. To me, let’s look at the fundamentals, the numbers don’t lie, we do.

    I hope readers kept their mind open.

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  • oxygen:

    @ PAP has strong mandate

    DISMANTLE THE FAKE CONCOCTION of GRC bunker protection of the unsuitable and/or incompetence, we will know the real thing.

    PAP mandate strong: Yes , similarity! A reflection also as displayed by many opposition supporters here. Decades ago. We have wp former indian candidates who also previously kpkb election rigged.

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  • xoxo:

    Giant Panda is the world’s cheap *FACTORY* for almost everything n anything.
    China is engaging aggressively in unfair practices that *comparayively* disadvantaged almost every other country.

    China is able to do this becos the businesses can control LABOUR costs on its *commie-peasants* like how FOCOMM did that gave rise to many suicide cases then?
    BESIDES, CHINA CAN EVEN CONTROL HOW THEIR workers must work?
    Not many other countries can do that?
    Look at how the *BIRD NEST* was built by mobilisation of workers,including soldiers?

    TRUMP does not have such *POOL* of LABOUR to turn mighty USA into the new global factory no matter how hard he tries as americans are unlike chinese workers.

    Not just America,most other countries especially have been losing out for the past 2 decades already.
    Sin City gahmen attempt to *copy* Giant Panda via daft FT POLICY but could not attain same outcome becos FTs are still not the same as a country’s own *peasants*???

    Limited success seen in Sin City’s case only.

    The world economy needs a *revamp*a re-STRUCTURING or re-ordering or the rest would still find it quite impossible to tackle THE GIANT PANDA.

    THIS WORLD NEEDS TO RE-LEARN HOW TO SHARE THE WORLD’S RESOURCES.
    BY STAYING PUT OR STATUS QUO,the global ecpnomy can only worsen further.
    CHINA NEEDS TO UNDERSTAND THIS as well.
    And,mighty USA must not be another GIANT MICKEY like the PANDA…

    WE,TOO,IN SIN CITY,NEED TO RE-LEARN HOW TO SHARE OR EVEN THE PRESENT RICH WILL PERISH.

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  • xoxo:

    In simple terms,CHINA IS OPERATING NOT UNLIKE A MONOPOLY ,A GIANT MONOPOLY.
    As such,other businesses (other countries) are cannibalised and *consumers* suffer the consequences?
    Monopolies are never good.

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  • oxygen:

    @ Let’s make Singapore great aga:

    MATE, LET ME MAKE IT A LITTLE BIT EASIER for your desiccated coconut with two illuminations.

    Firstly, my head is on my shoulder, how do you know what I am thinking to then allege improper “hidden agenda”…….and solipsistic sophistry (very “powderful” two words from your mouth.)

    You must either be clairvoyant or of divine reach of awareness and comprehension of reality/fiction or both – utterly confused, perhaps insane.

    Let's make Singapore great aga: Oxygen man, the more you bark about your Trump thingy the stronger is our conviction that you’ve a hidden agenda behind the haywire complexity of your solipsistic sophistry.

    The other thoughtful debater must be respected, at least @ Mike returned to share these thoughts and his disagreements, whatever.

    Mike:POOLED INTERDEPENDENCE”, this is the best word i ever encountered. And you had hit the nail! Trump’s decision compromised the interest of those who binded together and milked their own respective domestic cows

    and yes POOLED INTER-DEPEDENCE IS REAL THING, not “solipsistic sophistry” of your naked brevity invention.

    Here is my illumination.

    oxygen: Shutting down Chinese technology also negatively impacted on US semi-conductors businesses.

    Read this for your little kindergarten education.

    Trump’s China Deal Creates Collateral Damage for Tech Firms

    https://www.nytimes.com/2020/01/20/business/economy/trump-us-china-deal-micron-trade-war.html

    Have a nice day!!

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  • Alamak! as if Xi don't know...:

    Xi, why not just operate like a Crony Capitalist Party? The whole world can be your oyster you know? Just piggyback upon all humanity – the sheeples you must make them.

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  • oxygen:

    @ Mike

    THANK YOU VERY MUCH, you have tried very hard to reach and share – it is very much appreciated – NEVER MIND OUR DIFFERING POINTS OF CONTENTION.

    mike: Sorry to above display, i’m responding on the move and on this idiot phone that gives me challenges when entering my messages on a webpage. Sorry, i called my phone ‘idiot’ although i know it is not really its fault as i try to use a can opener to cut cookies

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  • mike:

    @ Support Trade

    I thought what points you had wanted to bring to my attention?

    Unfortunately, your level is too high for me too understand and challenge. I am sorry, we should continue to travel in the parallel universe… ^.^”

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  • oxygen:

    @ Mike

    In this (referred to below) paragraph you have raised a lot of contextual matters for debate sharing. I can only share (not asserting my views are gospel) at macro level.

    mike: How is productivity measured?

    Me think the acceleration of Chinese productivity is a big factor in China’s continued ascendancy and domination of its share of global GDP. Two decades ago, I saw Japanese car manufacturers whipping European car makers and dominated Asian rising domestic markets. The Jap autos relied on robotic automation on manufacturing floor, fewer models (hence lower plant and tooling costs) whilst European makers have far more fanciful new model introductions, more complex labor intensive production line adding to cost. To survive, they were forced to rationalise and merge. The same happened in US auto market, Chrysler came under immense pressure of import competition, almost died – Obama’s bailout of Chrysler is not the first time it endured this embarrassment.

    At entity level is market share gain. At macro economic level, it is China’s rising tide of market share capture and share of the RELATIVE ECONOMIC PIE vis-a-vis the rest of the world.

    Trump financial engineering won’t get US there. That is why in GDP measure term, China will catch up with US as the world largest economy of biggest output and market domination. Both economy is growing, but China is faster.

    mike: If i reduced my interest rate trying to encourage growth of buiness, the fact is my real estate market debt escalated, my spending spins more… while my businesses take loan on the money and invest elsewhere with lower cost! If my interest rate is higher my local production can never survive taking local loan. My economy slows further…

    Lower interest costs alone is not the key to global competitiveness, there is a lot more to productivity gain game. Japan has negative interest rate, so it Germany, two industrial powerhouse.

    Trumponomics drive to Fed to lower interest rate will drive up asset bubbles and in your illumination your “real estate market debt escalated” – an adversity.

    For those who owns assets – be that real estate or shares, cheap money will drive wild speculation living off debt. In economics, every bubble must burst – who pays for the inevitable delinquent debt? the borrower? the banker? the govt via tax and confiscation of CPF? or the peasants?

    How does all these entrapment help to create wealth and prosperity?

    All asset bubbles will explode in a frantic up burst before it loses its energy and end in collapse when those trapped in debt has no escape route.

    Asset bubbles is NOT SUSTAINABLE, damaging to economy. Trump is wrong.

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  • mike:

    @ Oxygen

    Probably it was hard to catch my rhetorical questions. Allows me to put my question directly on about the the interest rate: Given that my people are losing jobs, my businesses are leaving (or already left) to lower cost countries, losing my businesses ultimately means i losing technologies, expertise, safety (health), security (defense), what would you do if you are FED? And what would you if you are president of america? And what would you do when your lieutenants continue to fail this country and not taking your order?

    Do share your thoughts to the above questions?

    For readers, covid taught us valuable lessons, IF WE HAD LEARNED something? When everyone rushed to stock-up xia-suay-ly and politicians flip-flopped on the application of masks, and we all starts worrying about basic drugs like panadol… don’t we think we know what are at risk? Or we don’t (learn anything) and need a big country like CN to threathen us for not selling us condoms for use on elevator buttons?

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  • TUMASIK Patriot:

    In CONclusion Pro and Trump Haters…

    The Trumpet is POTUS and he has a JOB he started with support from the Ordinary Folks…and Servicemen ie police & Army…

    The TRUMP looks after them when he can sit back relax and Enjoy Life…

    Does Not Drink Smoke or even do drugs as a teen for fun like most modern Presidents…Love all things Beautiful especially women Marries two and left them as Millionairess…thanking them for the Children whom he Adores and they likewise adores him

    Came back from Bankruptcy to build a Billion Dollar organisation after losing daddy’s financial SUPPORT…unlike many Making Billions from the position of strength after ELECTIONS and NOT leaving even after the Billions are safely locked away and DIE in Office when the Body and Breadth stink to High Heaven…Another tried but smell a RAT and retired…declaring he is my son lor!!! but NOT my Brother!!!

    my 1/2 take on a MAN, not an Idiot who walks like a Woman and wears PINK!

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  • Two Stars On My Shoulders:

    Not too high for you to understand when you got a ‘fox news’ perspective. Yours a ‘black hole’ not parallel.

    mike:
    @ Support Trade

    I thought what points you had wanted to bring to my attention?

    Unfortunately, your level is too high for me too understand and challenge. I am sorry, we should continue to travel in the parallel universe… ^.^”

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  • oxygen:

    @ Mike

    YOU HAVE ASKED RHETORICAL QUESTIONS about interest rate and its contextual relevance to American losing jobs, offshoring, its economy/society losing health, technology security thereon and lieutenants failing etc etc

    Your points of concerns and notations are real happening and US needs to re-look at it fundamental. I am NOT DISPUTING that. The US malaise loss of productivity and economic domination, has its origins ELSEWHERE, NOT RELATED in interest rate differential.

    If you look at the global 10-yr bond market, the US rate is higher than parts of EU (German), and Japan – both have negative yields. The Chinese do not have a 10-yr bond yield for comparison, but I believe interest rate structure is higher in China than US, reflecting and partly because its economy is stronger. If higher interest rate is a detriment to investment and economic competitive advancement, Trump has no worry about China, but will keep a hawking eye on Japan and Germany – both manufacturing powerhouse.

    mike: Probably it was hard to catch my rhetorical questions. Allows me to put my question directly on about the the interest rate: Given that my people are losing jobs, my businesses are leaving (or already left) to lower cost countries, losing my businesses ultimately means i losing technologies, expertise, safety (health), security (defense), what would you do if you are FED? And what would you if you are president of america? And what would you do when your lieutenants continue to fail this country and not taking your order?

    Do share your thoughts to the above questions?

    I see US problem lies in its economic imbalance – living beyond its means taking advantage of its dollar global convertibility as reserve currency. Remember Connally said – the dollar is our currency but it is your problem.

    https://www.thestreet.com/mishtalk/economics/emerging-market-time-bomb-dollar-is-our-currency-but-your-problem-take-ii

    It is a time-bomb living beyond their means and let foreigners be paid with fiat US currency straight out of printing press. Foreigners enjoying trade surplus use US$ to invest in US treasury or buy American assets. The first one is US govt owes to foreigners and second one sell US productive assets and technology to foreigner interests. THUS THE HOLLOWING OUT OF US ECONOMY which must compete with emerging economic powerhouse like Germany, Japan, Korea, and soon enough China with higher productivity gains.

    Australian economy also got hollow out of its manufacturing sector. So either import cheaper immigration labor or in US case, invest abroad to take advantage of cheaper labor costs (gaining productivity competitiveness) and hollowing out US manufacturing, JOBS and economy.

    HENCE THE EROSION OF THOSE SOCIETAL MALAISE YOU MENTIONED ABOUT.

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  • Every legality demands proof:

    Trump’s legal team press conference about the election
    (Nov. 20)

    https://youtu.be/T8LiGZhK-bg

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  • Two Stars On My Shoulders::

    Whether Pro-Biden or Pro-Trump camp, US is in declined. Their system needs a new model. Can’t work anymore.

    TUMASIK Patriot:
    In CONclusion Pro and Trump Haters…

    The Trumpet is POTUS and he has a JOB he started with support from the Ordinary Folks…and Servicemen ie police & Army…

    The TRUMP looks after them when he can sit back relax and Enjoy Life…

    Does Not Drink Smoke or even do drugs as a teen for fun like most modern Presidents…Love all things Beautiful especially women Marries two and left them as Millionairess…thanking them for the Children whom he Adores and they likewise adores him

    Came back from Bankruptcy to build a Billion Dollar organisation after losing daddy’s financial SUPPORT…unlike many Making Billions from the position of strength after ELECTIONS and NOT leaving even after the Billions are safely locked away and DIE in Office when the Body and Breadth stink to High Heaven…Another tried but smell a RAT and retired…declaring he is my son lor!!! but NOT my Brother!!!

    my 1/2 take on a MAN, not an Idiot who walks like a Woman and wears PINK!

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  • oxygen:

    @ Every legality demands proof

    Trump’s lawyer, Rudy Guilani is engaged in what the law conceptualisation would described as engaging in “speculative conjectures” – playing to the gallery of Trump’s hardcore supporters.

    Unfortunately, Trump legal challenge across courtrooms in America hasn’t won a single lawsuit – the judges (unless also proven “corrupted” in “collusion” with Biden/Democrats) can’t be convinced or persuaded that a persuasive cause for action/judicial intervention, have been presented for their adjudication.

    Every legality demands proof: Trump’s legal team press conference about the election
    (Nov. 20)

    https://youtu.be/T8LiGZhK-bg

    Some of Trump’s lawyers withdrew their services too.

    https://sg.yahoo.com/news/people-know-rudy-giuliani-shocked-164825623.html

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  • oxygen:

    THOSE WHO WORSHIPED TRUMP’S GOD bemoaning his impending departure from the White House needs to explore in cold comfort what has the Trumponomics did or achieved for US and global economy and what the likely dire consequences if his ghosts returns in 2024.

    I see the first two years riddled with endless sacking of one cabinet member/adviser after another, the next 2 years in bitter inconclusive trade war with China and trade quarrel with EU, a brief flirts with Kim Jong Unn, political stoush with its northern and southern neighbor to truce and posturing with Iran, a bit of kisses with V.Putin.

    What has Trump did for the US economy? Elbowing the Fed Chair and asset bubble escalation of a runaway stock market on Wall Street (good for himself and kind to my “casino” score) but very troublesome for the rest of the world – fueled by easy fiscal and monetary policies push.

    Asset bubbles globally have been funded out of excessive debt leverage – further aggravated by pandemic spread (no Trump’s fault this one). It must be borderline unsustainable now and World Bank has this advice to sovereign debt restructuring.

    World Bank chief says legislative changes can aid sovereign debt restructurings

    https://www.kitco.com/news/2020-11-20/World-Bank-chief-says-legislative-changes-can-aid-sovereign-debt-restructurings.html

    Without resolving the debt crisis looming, I live in fear of credit market tantrum upstaging the bond market.

    Who among Trump’s undying supporter want’s a calamitous global financial market crash in the next 4 years – much more harder of recovery than 2009 GFC, and layered upon that is the traumatic struggle to recover from that point as Covid-19 decimate global economic activity?

    How many million unemployed for years will ever find a job without skills that can only be acquired with continuiing job experience?

    How many wants to see the generation soon to leave education for the work force permanently unemployed for life – your own children or even yourself or a member/s within your own family?

    In my mind, I am certain that Trump might be good for me for another few years if he won the election.

    BUT WHAT HAPPENS AFTER THE CRASH and the rest of economic civilisation?

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  • Oxygen's had too much gin....:

    What do you call a super watered-down liquor with all the oxygen removed?

    Hydro-gin

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  • oxygen:

    WHAT IS NEEDED FOR THE WORLD IN THIS COMING DECADE IS ASSET-BUILDER, not asset traders looking for speculative gain from financial engineering that Trump Administration is its sole “achievement”.

    I noted that Steven Mnuchin, US Treasury Secretary, promises that the Fed have “plenty of” capacity – it is poppycock of political rhetoric. Of course, he is right for now – without asking if this capacity is effective and sustainable once the credit market freezes up.

    Mnuchin says Treasury, Fed have ‘plenty of capacity left’

    https://www.bnnbloomberg.ca/mnuchin-says-treasury-fed-have-plenty-of-capacity-left-1.1525462

    The Fed cannot forever be printing money to fund a stricken economy without worrying about who is going to redeem the debt borrowing and funding its interest borrowing costs.

    Mnuchin is right for now – Cruise operator Carnival Corp. — which has been walloped by the COVID-19 crisis — proceeded with selling bonds without collateral, showcasing that the issuance market remains open.

    Singapore Airlines also raised $850 million bonds without collateral too.

    BUT IF COVID-19 RESURGENCE FREEZES UP THE GLOBAL ECONOMY, financial risks of insolvency cannot be ruled out. In desperation of frozen banking credit, these entities could find themselves offering junk bond issue and no takers.

    Right now, emerging hope of vaccine is driving down gold and rotating to equities whilst the bond market yawn of disinterested attention.

    That can change – very suddenly even before Mnuchin put on his pants after doing his business in the loo.

    And I am not joking or cynical.

    IMF has this grim warning.

    bnnbloomberg/IMF:

    IMF says global recovery may be fading, risks still very high
    Eric Martin, Bloomberg News

    The International Monetary Fund warned the world economy’s recovery may be fading as the resurgence of the coronavirus forces fresh restrictions to be imposed on households and companies.

    The IMF sounded the alert as leaders of the Group of 20 countries prepare for a virtual summit this weekend, hosted by Saudi Arabia. It noted progress on a vaccine, but also said elevated asset prices point to a disconnect from the real economy and a potential threat to financial stability.

    Asset prices are bubbly. A crash could see invested capital and asset values disappeared like a puff of cigarette smoke – particularly for business desperate for funding of massive development pipeline (Tesla and GM and airlines comes to mind) when credit market freezes and upstage the bond market current calm volatility (in the parlance of Mnuchin, the Fed has plenty of capacity)

    We can’t afford Trump or his ghostly resurgence in 2024.

    The world needs an asset builder for this decade, even if it is a slow careful hand.

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  • oxygen:
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  • xoxo:

    When interest rates were high,world biggest economies were booming then?
    Really,imho,interest rates can only play a restricted role to spur economic growths.
    Look,Aussie Interest rates were high and aussie economic growths were good?

    What is truly LACKING IS REAL CONSUMPTION , REAL AGGREGATE DEMAND,that is vital in this stagnating economic condition.

    Without MONEY(INCOME/WEALTH) in their hands,how could the MAJORITY OF CONSUMERS PUSH UP AGGREGATE DEMAND?

    LOOK,despite the global economic slowdown,MORE BILLIONAIRE$$$ are created and their net worth multiplied.
    Do all these make REAL ECONOMIC SENSE?

    MORE EQUITABLE DISTRIBUTION OF INCOME IS THE MUCH NEEDED INGREDIENT TO GIVE IMPETUS TO BROADER AGGREGATE DEMAND AND HELP PROPEL THE ECONOMIC ENGINE.

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  • mike:

    @ Oxygen

    Thank u buddy, the answer is simple, and i see the doctrine.

    All i can say is economic and finance, fiscal and monetary, do not function independently. Allow me to steal your words and use in this case, they function in a pooled interdependence environment. And thus, the solutions are all round and every directions.

    Trump cannot and unable to solve problems in hand overnight for a problematic system which had been running for decades. Yet, when a perfect solution is ready, the situation evolved. Therefore, like in an actual war, he can only plan, fight, and improvise along the way.

    Just like taking over the town council’s finance with a deep swamp and a crook software system which never exposed to alternate party. It is a dirty job fixing a leaking fuel tank.

    The way i see it: The war has started and we are entering phase II. A loose admitting of CN into WTO was phase 0.

    oxygen:

    I see US problem lies in its economic imbalance – living beyond its means taking advantage of its dollar global convertibility as reserve currency. Remember Connally said – the dollar is our currency but it is your problem.

    Regarding US election fraud, i say, continue to watch, keep open mind and source harder. Even google search is being mod currently, it is getting more and more like CN style of info censorship. When 100 people tells u sun is square, u might be sceptical about it. When 10,000 says sun is square and u hear no objective view, u starts to believe it. When 1m says sun is square, u will agree earth is a square.

    Democracy is backed by Freedom; freedom is not protected by democracy.
    In my opinion, US is first freedom and second democracy.
    Therefore when freedom is under threats a war will trigger.

    Stay concerned and watch closely, anything happens in US will shake the world.
    We are still at the beginning.

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  • oxygen:

    @ Every legality demands proof

    I POSITED THIS PROPOSITION yesterday

    oxygen: Trump’s lawyer, Rudy Guilani is engaged in what the law conceptualisation would described as engaging in “speculative conjectures” – playing to the gallery of Trump’s hardcore supporters.

    in notation to your youtu.be weblink reference below.

    Every legality demands proof: Trump’s legal team press conference about the election
    (Nov. 20)

    https://youtu.be/T8LiGZhK-bg

    and I added these observations -

    oxygen: Unfortunately, Trump legal challenge across courtrooms in America hasn’t won a single lawsuit – the judges (unless also proven “corrupted” in “collusion” with Biden/Democrats) can’t be convinced or persuaded that a persuasive cause for action/judicial intervention, have been presented for their adjudication.

    OH WELL, THE TRUMP CAMPAIGN GOT ANOTHER ROUND OF CANING IN THE FEDERAL COURT on alleged electoral fraud in Pennsylvania reported in TODAY’S YAHOO.COM READ.

    I shall quote the relevant butt-kicking rebuff from the sitting judge

    U.S. District Court Judge Matthew Brann :This Court has been presented with strained legal arguments without merit and speculative accusations

    Trump bid to overturn election stumbles as judge tosses Pennsylvania lawsuit

    https://sg.yahoo.com/news/two-weeks-biden-named-president-060513100.html

    THAT YOUTU.BE WEBLINK quoted in this TRE article is PUFFERY of Trump’s campaign, intended for gullible consumption of peasants.

    I viewed that for a few scanty opening minutes and closed that weblink.

    In law context, it is what legal practitioner would call out as full of “speculative conjectures” which sitting judge Brann labelled correctly as “without merit and SPECULATIVE ACCUSATIONS”

    My point to you and TRE readers is this – be very careful when it comes to consumption of youtu.be dramatized political presentations on the US election – the gullible audience is well-targeted for maximum exposure reach.

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  • oxygen:

    @ Oxygen’s had too much gin….:

    THIS IS A SERIOUS DEBATING FLOOR on a serious subject of our economic future we all share.

    When will you admit you lost?

    Just like Trump’s Press Secretary got of gentle reminder from the US media?

    https://sg.yahoo.com/news/trump-press-secretary-kayleigh-mcenany-172736071.html

    Oxygen's had too much gin....: What do you call a super watered-down liquor with all the oxygen removed?

    Hydro-gin

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  • oxygen:

    I HAVE LITTLE RESPECT for the Trump Administration – just look at what he and his administration done on Friday, 20 November 2020.

    Steven Mnuchin, Treasury Secretary, told the media this -

    Mnuchin says Treasury, Fed have ‘plenty of capacity left’

    https://www.bnnbloomberg.ca/mnuchin-says-treasury-fed-have-plenty-of-capacity-left-1.1525462

    AND ON SAME DATE, TRUMP DID THIS -

    Trump strips US Fed of emergency credit powers in latest scorched-earth move

    https://sg.yahoo.com/finance/news/trump-strips-us-fed-emergency-132252747.html

    This is NOT just WINDY HAPPY CONTRADICTIONS, this is POLITICAL CHICANERY at its worst.

    How much do you all think institutional investors and financial market trust the mouths or an*ses in the Trump Administration – leaving out the competence questions and doubts.

    Once the Covid-19 resurgence freeze up economic activity, the credit market will freeze up, big corporations with committed capital asset spending and those corporations that merely survive on cheap interest rates, will wake up one morning to see BOND YIELDS SPIKE in extreme volatility adjustment.

    WHAT CAN THE TRUMP ADMINISTRATION DO in its wake – since the Biden Administration is waiting for inauguration?

    Trump will be found not smarter than circus barkers or carnival buskers IF AND WHEN THAT HAPPENS.

    The financial market will read, very sadly, that his decision making and his Treasury Secretary public pronouncement are on different bandwidth.

    No financial market and asset bubble melt-down??

    As I said already above

    oxygen: I live in fear of credit market tantrum upstaging the bond market.

    Good luck to Sinkieland property owners with huge mortgage outstanding and the employed (till now at least).

    I am prepared to survive for at least a year on bread and tap water for my three meals.

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  • oxygen:

    @ Mike

    THIS IS EXACTLY CORRECT, I salute

    mike: Stay concerned and watch closely, anything happens in US will shake the world.
    We are still at the beginning.

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  • goldie:

    USA is overhyped.
    No doubt it has big consumer market but it is going to be left behind if it continues with Trump trade barriers.

    Dont underrate Asia.
    It will be the next centre of economic power.
    USA will then be second or third-fiddle behind EU.

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