Xi and BRI is the work of genius.....instead of holding USD or assets of developed world, China uses the usd to invest in the developing world. .....its pure genius. Its the best way to recycle the excess USD.
19 hours ago
>> Looking back on how China have opened the door/window to engage with the world especially for trades is really educational for anyone. Long story being cut short, the country as a whole now already got the wealth/reserves/USD in hand to dispose for their own development and to help/invest in many other countries including Malaysia, billions and billions of Dollar.
Back to the basics, even for an individual, a Dollar saved is a Dollar invested, whether now or in the near future. What is happening by now is the interest earned from those Bills/treasury bills (USD) is probably more than enough to buy many imported things for the country. It can be airplanes/Airbus, etc.
On the contrary, when a country is assuming heavy debts due to lack of savings, spending more than what the country can earn, the interest payment for the bondholders will be enough to bring the country down.
n a while, we can know how money (the functions ) which was invented God, can be used to help yourself, others and enslaving others. We can use money as the tools for destroying others/the country and sometime including ourselves. For example, spending money on weapons or military operations.
BUT China is using money to bring development to themselves and to other less developed countries.
Yes, a virtual coin overvalued. It will vapourise. It has done that several time. Bitcoin or cyptocurrency is a new addition to gambling games. Those who make it trumpet like an elephant and those who lose howl like wolves!
The homegrown C919 Passenger Jetliner has failed its verification test. The aircraft scheduled to fly from Shanghai to Hefei via Beijing on February 1, faced a mid-flight technical issue and returned back to Shanghai.
As per the reports, there was some complication with the left-handed thrust lever, due to which the pilot was forced to turn back the flight mid-air. This flight was part of the 100-hour verification process required for the aircraft to be certified to fly passengers.
The incident has put a dent in China’s aviation dreams as the C919 was supposed to put China on the global aviation map.
The realistic part is USD sampah (perceived by certain people) can buy a lot of things in the real world. Without it... Check with North Korea Kim lor.
How often we play so long term until all the currency dissappear in this world? How many years to go for you and me to see the currency gone for good? Hahaha!
US is in brink of bankruptcy! If you look at it's debt ceiling which has been raised countless times, it's a huge red flag already! Gold is the only way to store value! Don't know when US will fold! But it will! Perhaps future generation will use US dollar as toilet paper!
Don't really know your logic besides the emotional response. Any small issue also related to USD currency crashing...make people laughing. Look into the core issue and problem la.
What would happen to USD when the world falls in recession? As usual, people would go for strong currency for safety reasons. Which country is the strongest now? If you think Russia and China stronger, then convert into their currency for safety purposes lor. Driving the world into the recession would make many countries upside down.
Good. How we earn a living in the market? We are not smart but it is merely most of them.... I double check against my friends, relatives and colleagues about the reaction of a specific situation. .Many are sharing with the similarities. You know la.
How come MYR like this? Is it because of our PM talking so much in proposing reduce reliance on USD? See what had happened to Argentina... Anglo very scary one...they don't blow water but take actions quietly.
most of the Asean countries are like that one. We can cari makan in Malaysia is good enough. Other than that, we can go overseas freely to look for job with the good reputation.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
beinvested
2,445 posts
Posted by beinvested > 2023-04-12 11:36 | Report Abuse
Xi and BRI is the work of genius.....instead of holding USD or assets of developed world, China uses the usd to invest in the developing world. .....its pure genius. Its the best way to recycle the excess USD.
19 hours ago
>> Looking back on how China have opened the door/window to engage with the world especially for trades is really educational for anyone. Long story being cut short, the country as a whole now already got the wealth/reserves/USD in hand to dispose for their own development and to help/invest in many other countries including Malaysia, billions and billions of Dollar.
Back to the basics, even for an individual, a Dollar saved is a Dollar invested, whether now or in the near future. What is happening by now is the interest earned from those Bills/treasury bills (USD) is probably more than enough to buy many imported things for the country. It can be airplanes/Airbus, etc.
On the contrary, when a country is assuming heavy debts due to lack of savings, spending more than what the country can earn, the interest payment for the bondholders will be enough to bring the country down.