The Shangri-La dialogue
June 22nd, 2022 | 
Author: 
In view of the recent spat between the Singapore and China Defense Ministers the People’s Republic should offer the real Shangri-La up in the mountains of Yunnan as an alternative site for these annual talks.
Up in the majesty splendor and magic of the real Shangri-La mountains there might be a chance that the triteness jadedness and the “rambunctiousness” referred to by the Singapore Defense Minister might just evaporate into something much more positive.
As it is the dialogue which has gone on for the past two decades is going nowhere according to one of its major participants. Moreover with the constant changes in the international arena the color n the neutrality of the host is increasingly coming into question.
It is time to allow some Winds of Change to waken up the dialogue. Without that the lone wolf in Asean will begin to think that it owns the lair.
The surly manner in which the hosting Defense Minister of Singapore dismisses a pertinent question raised by the Defense Minister of China is reflective of the erosion of civility and neutrality on the part of Singapore. Punching above its weight does not give it the right to dictate the decorum of the meeting. It is time for Asean to collectively think about a possible change of site.
Lowinsky
Posted in 
Hahaha! What a name!
Me thought Shangri-la is a tranquil place,almost heavenly.
Not a place to BASH another country/participant,ya?
Should name it Bashington(Washington) Monologue?
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Next round, China can send a few sergeants to have a rambunctious meeting. Tio boh?
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The LEEgacy of a bastard a coward n trait** acting tough with body guards n gurkha mecenaries…with US n Japan his master now backing The mouse that roars
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Let other country take over if they want.
Hard to please everyone.
For Singapore,better to be neutral and stay humble.
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Name Shangri la already known there’s no such place?
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Nothing compare to Ukraine.
https://teddit.net/r/ukraine/comments/vff4ys/ukrainian_soldiers_raise_money_by_writing_custom/
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Let other take over:
June 22, 2022 at 10:36 pm (Quote)
Let other country take over if they want.
Hard to please everyone.
For Singapore,better to be neutral and stay humble.
Response: UK is the Holee One to DECIDE WHERE and WHEN this Holee Dialogue is being held! No chance it can EVER be held in Shangri-La, China Yunnan! Maybe Timbuktu has a BETTER CHANCE!
THINK after this recent spat cum verbal diarrhea swordplay with his Chinese counterpart, it’s HIGH TIME FOR CHICKEN HEN TO TAKE A GOOD LOOK OF HIMSELF IN THE MIRROR OR IN FRONT OF A POOL OF HIS URINE AND THEN QUIETLY DISAPPEAR INTO THE SUNSET! The SEIZURE of our SAF Armoured vehicles by HK donkey years ago and the recent verbal diarrhea spat with the Chinese Defence Chief have FINALLY SHOWN YOUR INCOMPETENCE AND INTELLIGENCE AS A SO-CALLED WORLD CLASS MINISTER AS PROCLAIMED BY LEE KAYU!
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The western educated singaporean are like banana people who exhibit arrogance and think they are superior than others
I wonder how many bananas nowadays in sg.
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A subtle and accurate assessment of the exchange that took place.
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During my stink working in China, the local staff was surprised that I can speak various dialects (though not superbly) PLUS of course English. This did help break the ice in various cases when we visited foreign MNCs to improve on goodwill or basically get more business. When I asked the local staff about their ancestry roots, not one can recall which clan they were descended from, much less speak any dialects of the Chinese. This is like a LanJeow, not even knowing your own roots. LJ ppl calling others bananas are so hypocritical.
I wonder how many LJs are in china.
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What ever words used to emphasize the intentions of the host is really immaterial as long as it brings about certain level leadership and control by the host.Any participating nation who try to cast doubts by drawing CCP’s so call “red lines” should be called to “order” period.Sg is doing the right thing in this regard.What do you think???
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Do you notice that some recent comments are loaded with never seen before CCP propaganda including but not limited to praises like ” current leadership under Xi,the CEO of CCP is people centric” (really?? given how the ordinary people suffered in Shanghai and Beijing under Xi’s strictly enforced directives to eradicate those invisible Omicron.) It is apparent that the CCP’s ‘little pinkies’ have already started their work in SG to propagate CCP’S agenda in Sg’ social media platforms.What do you think???
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Many CIA agents are making their way here. What do you think? Paid agents or free unthinking western sheep?
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You know china is confused and still
Want to make china more confused
I too am confused!
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This shows standard of TRE improving. Attract worldwide narratives. It is a good sign. Maybe TRE don’t need to close down after all. Now, can really see what kind of standard Sinkies really have. LJs,CB, or KKNBCCB to show the world? That’s the problem. lol
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The fate and fortune of Singapore is closely tied to that of USA.
If USA and the USD collapses, so may Singapore. Here is an article. Today, it may belong to the fringe groups but there is a real possibility of it becoming a reality.
A new Cold War has started between the BRICS…Brazil, Russia, India, China and S. Africa plus a hundred plus countries linked to China’s Belt Road Initiative, and the West ( US, Canada, UK, Australia, EU, Japan etc.).
https://www.naturalnews.com/2022-06-24-putin-announces-new-brics-global-reserve-currency-replace-petrodollar.html
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TRE should not close down. If it is funding, it is low costs…to pay for services of Internet serves plus a few editorial staff. It is not a MNC requring millions.
TRE is probably operating from a bedroom somewhere..no office, everyone connecting via Internet.
Without detailed info on what is needed to keep it afloat, not possible to talk of funders and funding.
TRE is not a political party. Neither is it a vicious animal snapping only at the PAP. It is not extremist and can moderate the inputs of bloggers.
Be mainstream, be crtical in thinking and be independent.
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Yes shame on CIA agents which operates so discreetly. Unlike PRC trolls which blatantly spread obvious propaganda stuff openly, even having nicks like “china very good”. Such honesty, hor!
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panyusg:
June 25, 2022 at 11:11 am (Quote)
The fate and fortune of Singapore is closely tied to that of USA.
If USA and the USD collapses, so may Singapore. Here is an article. Today, it may belong to the fringe groups but there is a real possibility of it becoming a reality.
A new Cold War has started between the BRICS…Brazil, Russia, India, China and S. Africa plus a hundred plus countries linked to China’s Belt Road Initiative, and the West ( US, Canada, UK, Australia, EU, Japan etc.).
https://www.naturalnews.com/2022-06-24-putin-announces-new-brics-global-reserve-currency-replace-petrodollar.html
Response: Well said. Anyway, thanks for FORWARDING THE GREAT ARTICLE! Hopefully, more folks are able to have access to it!
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This USD dollar global reserve issue is more complex than simply switching from one currency to another.
Besides the network externalities. I think ppl are confused by the role of money. Classical economics, ballpark, assumed “real economic activities” determined the role of money.
But Keynes and Schumpeter showed clearly that real economic activies are determined by how money is created.
Schumpeter especially, showed in his concept of “creative destruction” that flow of money to “revolutionary” entrepreneurs is the catalyst for innovation as incumbents are holding onto most of the factors of production.
The social-economic ecosystems of BRICs are simply less conducive for such transfer of money to “revolutionary” entrepreneurs. And ontop of that their financial systems are less efficient.
While, it is true most trades – products between BRICs can be de-dollarized, eg China-Russia trade has reduced USD by 50%, the functioning of a “money economy” means real economic activities will be severely handicapped.
Do not forget, Euros was conceived to replace USD as global reserve since 2002. BRICs as a coalition will be more complicating.
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When people don’t trust holding their money and assets in the west, that’s the end of the west. The west brought this on themselves. Because of the west’s actions, people also don’t trust using western finance, technology and even food shops in their own countries. The west is going into deep shit.
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Right until then. But what is happening now? More than “nett” 10,000 millionaires moved out of China.
First, dont use chinese chauvinism to analyse situations. Second, be honest. Third, read more.
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US very lost:
June 26, 2022 at 7:23 am (Quote)
When people don’t trust holding their money and assets in the west, that’s the end of the west. The west brought this on themselves. Because of the west’s actions, people also don’t trust using western finance, technology and even food shops in their own countries. The west is going into deep shit.
Response: Sooner or Later, Hopefully when SHTF, your observation will come TRUE! Then THE REST OF THE WORLD, ESPECIALLY MOST EASTERN COUNTRIES WILL NO LOONGER BE HELD RAMSON AND HOSTAGE BY THE SO-CALLED ALMIGHTY USD AKA PETRODOLLAR!
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The world economic establishment fails to recognizes the nature of its’ energy predicament. Right now the approach is ‘denial and more denial’ that the problem exists. The weak links are the EU credit system and the euro currency hedges against rising fuel prices: both hedges have failed miserably.
The BRIC countries would be fools to hedge their petrol-dollars against the dollar just to allow the western financial industry to work off the liar loans on their balance sheets. Instead they’re working out bilateral trade agreements among themselves to isolate them from the western folly and the disappearing dollar.
What’s really needed is some antitrust action to break up all the big banks that are too big to fail, place limits on leverage, and institution a financial transaction tax to make the industry pay off their own losses on their liar loans. Brazilians, especially, pay close attention to how the political economy structures and forms wealth, revenues, and income. Consequently, Brazil has done one of the world’s best jobs in growing the numbers and income of its middle class.
What the Marxist experiences of Russia, Brazil, and China taught those countries and their highly politicized workers and communities is that the power of the economic current can not be measured by taking the depth of the economic tide.
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Really? Thought corruption is still pretty high there. See Transparency.org.
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Honestly, you are hopeless with facts. Some western report makes a projection, based on cannabis smoke. You immediately take that as a fact. Be careful consuming so much western propaganda. Very dishonest presenting smoked projections as facts.
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Sotong, u wont know facts if it smacked your face la. U mean no moon landing, fiat money as global reserves are facts? (:
Capital moves to its highest and safest bidder, that is pure logic.
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Yo bro. Interesting as usual (:
The break up of Bretton Woods in simplicity is known as , quote: “Triffin Dilemma” (1960) , in which Triffin articulates two conflicting roles USD had to take.
For one thing, the USD requires an outflow of currency to replenish the foreign reserves in the rest of the world. However, since that in turn leads to trade deficit, the USD is destabilized, which disrupts the stability of the global financial system.
For another, an inflow of USD is also required so as to strengthen its role as the currency to which other countries pegged fixed exchange rates.
The result, as Zhou (2009) points out, becomes “[the monetary authorities] may either fail to adequately meet the demand of a growing global economy for liquidity as they try to ease inflation pressures at home, or create excess liquidity in the global markets by overly stimulating domestic demand.”
In other words, it is difficult for one currency to serve dual purposes – Unquote.
When US bled gold reserves under Bretton Woods, Nixon suspended, then ended the agreement.
During this period, thats when “petrol dollars” came into the lexicon as US was a major imported of oil. However, by 2019 ,US is a nett exporter. Petrol dollars accumulation should shrink.
The US as the facilitator of liquidity through trade deficit is going to be sorely tested as inflation dampens domestic consumption.
Reshoring is ongoing as well. Again, this points to redressing US trade deficit.
Yet, the FED continues to be the bank of last resort for global liquidity. US is still the ecosystem to recycle excess capital. Lets be real, no country wants any other country to be the global currency.
The Europeans tried, BRICs since its conception tried, Soviet Union tried, China tried.
But which other country can realistically fill that role? But for sure overtime USD will be replaced in segments of global economic activities.
If there is a failure of global liquidity and excess capital cannot be recycled. In such a scenario, US can be damaged but not fatal. Russia will still walk.
But for other countries, including China it will be catastrophic.
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Thank you, bro
Oil. It’s what makes the world go round, and is traded in “petrodollars” aka US dollar which leapt into its international role in 1939. Economic warfare of WW2 caused Britain and France to suspend the free convertibility of their currencies, so suddenly the US dollar was the only freely convertible currency that could be used.
In a single stroke as WW2 started, that ended. The dollar was the only significant unit left to be used. Sure, Swiss money was bankable and convertible, but there was not much of it, and it was isolated physically behind the walls of war. Only the dollar was big and available.
The danger here is of doing to the dollar what Britain and France did to their currencies in 1939. They did it to control foreign exchange as a war measure.
Keynes proposed a central bank at the 1944 Breton Woods Conference that would have been much less subject to U.S. control. He also proposed a truly international currency instead of the dollar. I’ve seen a number of analysts argue that global demand for dollars helps keep the trade deficit high. However, the U.S. seems infatuated with keeping this ‘status quo’, which involves the continued running up of GOVT. debt every single year.
The dynamics of global trade and distance from giant economies are relativistic, meaning influenced by the strength or weakness of other economies. But how does the future look for dollars, US or otherwise, or other prevalent currencies? The answer is simple–follow the money. But don’t try to predict where it’s headed :)
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Dishonest faker gets angry when exposed. Avoid the dishonest “fact” and throw some irrelevant stuff. Go have more deep intake of western gas.
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Yep, bro
Governmental corruption was always the norm in Brazil, perhaps best exemplified by the destruction of Petrobras, the national oil company but when Car Wash investigated and exposed the magnitude it became unpalatable. All parties were implicated, since corruption is endemic and systematic in Brazil, yet it was easy for many to express shock and blame the governing Worker’s Party. This party lifted many poor families out of misery through unsustainable grant programs, and presided over years of commodity and credit fueled economic expansion.
The real problem is that corruption continues to exist in all levels of society: from the taxi driver who asks you how much you want him to put on your expense receipt, to the house buyer who colludes with the seller to record a lower price and thus reduce their taxes and fees, yet all will complain about corruption in Brazil. “One hand washes the other,” goes the Brazilian saying, yet somehow with all the washing both keep getting dirtier.
Too much focusing on Brazil’s politics and not on its macroeconomic course. Unlike other crises, Brazil has experienced a significant decline in its GDP, but it does not have a large amount of foreign currency debt so they cannot play with the depreciation of the currency to solve the problems. The economy of Brazil depends to a large extent on commodity exports and China is its main customer, at this moment Brazil finds that this same country is reducing its imports and, therefore, the economy looks strongly affected.
If a country like Brazil with a weak economy can steer GDP growth to decrease income inequality, then why can’t a country like the US with a strong economy decrease income inequality?
A Tale of Two Economies: US & Brasil: [http://wp.me/p1mBVu-eY].
For readers that would like a more in depth and professional analysis: “Brazil: the First Republic under Threat”
http://piketty.blog.lemonde.fr/2018/10/16/brazil-the-first-republic-under-threat/
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Lol. Facts? Here are some indisputable facts:
1. Chinese Chauvinists, white- haters: Talked about pure chinese blood and violence.
2. Coward: Cannot win argument, begged for white man to help.
3. Liar: Talking cock about moon landing and fiat money.
Im trying to help you, curing you, got you to:
4. Praise honest and brave Australians that did a diplomatic coup over China.
5. Got you to praising many white men.
These are the facts. Lol (:
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Dishonest fakers throw smoke everywhere, but his lies are clear.
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Tsk tsk. Cowards dare not face the truth la.
https://www.thestar.com.my/aseanplus/aseanplus-news/2022/06/19/emigrating-mainland-chinese-and-hongkongers-could-take-combined-wealth-of-us65-billion-with-them-consultancy-says
https://www.google.com/amp/s/www.cnbc.com/amp/2022/03/30/chinas-wealthy-moving-money-to-singapore-amid-common-prosperity-push.html
https://www.google.com/amp/s/fortune.com/2022/06/14/15000-millionaires-are-expected-to-leave-russia-this-year-where-the-rich-are-going/amp/
Lets see you give me an alternative data. Cannot? Then u admit you are a coward and liar (:
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You try to defend yourself by throwing a few links, but your links prove that you dishonestly fake “facts”.
Thestar says:
“This year an estimated 10,000 HNWIs will leave the mainland, according to Henley, a consultancy that helps clients acquire permanent residency in other countries or passports under investment-migration programmes.”
A projection, an estimate. You understand? You present it as already happened.
Honestly, you are hopeless with facts. Some western report makes a projection, based on cannabis smoke. You immediately take that as a fact. Be careful consuming so much western propaganda. Very dishonest presenting smoked projections as facts.
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Lol. In the first place when u said it was not true, did u even read anything about it? No right? Do u have alternative data? No right. This is dishonesty.
I presented it as fact coz I know the trend for years. In fact, more offices in Spore will be set to tap this move from China.
Now, Im willing to put a wage on it. Name your price. But once u agree and dont pay up, u will allow me all means to get u and vice- versa.
I will pay the price for being wrong. If u dare not. Then admit you are a coward and a liar (:
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Finally, you admit you dishonestly fake fact. You admit it is a projection and not a fact that has happened, contrary to what you had presented.
Whatever the actual numbers that WILL happen, it is immaterial. You admit your dishonesty.
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Lol. Actually, I do have the nunbers. Lets say I know more than the news.
My offer stands anytime, but of course eunuch has no balls (:
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After you admitted to dishonestly faked “facts”, you are still trying to wriggle your way out.
In doing so, you make more dishonest claims. How can anybody have migration numbers for 2022 when it is only June. Serial liar, and silly.
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U stupid or what? Anyway talk is cheap.
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