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9 comment(s). Last comment by king36 2016-11-13 16:11

cheoky

2,808 posts

Posted by cheoky > 2016-11-12 14:08 | Report Abuse

So sell stock n keep money for tomorrow recession?

calvintaneng

45,218 posts

Posted by calvintaneng > 2016-11-12 14:27 | Report Abuse

Cheoky

Cash itself is not safe. Keep 3 to 6 months cash for emergency ok.

See

US Debt is almost USD 20 Trillions

or about Rm870,000 per US citizen. Every child born into US automatically bears a Future Govt owed debt of Rm870,000.

As USA is now the most indebted country in the world more QE can be expected. The debt has gone into no return.

Only way is to default on debt or print even more money.

If US defaults on debt many Countries that have huge reserves in USD will have to take a big hair cut. It will backfire on the USD immediately & USD might collapse.

The less painful way is to print more money.

That will cause all paper currencies to lose more and more value.

So the only way out is to own hard assets. Assets that can protect from the ravages of inflation & gives dividend yield that can keep up with inflation.

See

http://www.usdebtclock.org/

king36

991 posts

Posted by king36 > 2016-11-12 15:13 | Report Abuse

The author did not take many Malaysian CEOs into a/c earning $million salary but no dividend and for shareholders....
US stole the Red Indian land to be their own and they too stole Hawaii.
Funny when some see whites even their farts smell sweet to them.....

Tom

3,053 posts

Posted by Tom > 2016-11-12 15:39 | Report Abuse

我觉得 donald trump 所承诺的东西他未必每一样都会去实行,再加上他说的东西有些都有矛盾

Blink22

111 posts

Posted by Blink22 > 2016-11-12 15:49 | Report Abuse

You can always find the Donald's in beer bars......always complaining.

Posted by gohchinlim > 2016-11-12 18:11 | Report Abuse

Obama say dont fully belief what politician proposal during campaign

king36

991 posts

Posted by king36 > 2016-11-13 11:10 | Report Abuse

gohchinlim, Obama must have seen himself in front of the mirror.
He and Clinton are despicable liars cheating on the Americans and John Kelly was tugged along and became an unabashed liar as well.
Trump vied for Presidency after being humiliated by Obama in a White House dinner.
Now he is the President-elect, we will see what would he do to these clowns after he has moved into the White House.
Hopefully, more peace will prevail.

king36

991 posts

Posted by king36 > 2016-11-13 16:11 | Report Abuse

Just why Trump contested.
Not why Trump won.

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