A bit on the economics
of things.
Interesting year,
going forward.
Its like playing musical chairs,
continue playing the game,
waiting for the music to stop,
but don't be the last one
looking for the chair.
We all know,
the US twin deficits
of current account
and trade account
will blow up
at some point.
Nobody can continue
deficit spending
indefinitely.
The world continues
to finance the US excesses
as long as they remain
the world's only superpower.
India is grossly overrated,
they are simply not
China.
You cannot have a manufacturing base,
when your trucks travel
at 12 kmph
sharing your highways
with cows
and bullock carts.
You cannot have a service industry,
call yourself an internet incubator,
when your phones don't even work.
Plus, the Indians
are probably the most
disliked race
in the world.
Simply no sense
of honour,
in general.
Indonesia,
right country
wrong people.
No bloody sense
of work ethic.
Everybody is
on the take.
It is however mine
to exploit.
Singapore,
great past
no bloody future.
The million dollared ministers
have no clue
how to push this economy
forward
with its own momentum.
We are merely dragged along
by other economies.
Bottom line is
I am however positive
for the markets,
liquidity will continue
to drive.
No guarantees,
that I can make money.
Except one guarantee,
I will not make money,
if I don't risk it.
