Free Forex Education Forex for Beginners and Advanced
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THE 12 BEST FOREX WEBSITES - EDUCATIONAL AND UP TO DATE
The 11 Best Websites to Learn Forex Trading 
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[Guide] Hal-hal esensial yang wajib dimiliki mahasiswa.
Selamat pagi! Salam mahasiswa! Terinspirasi dari komen-komen di thread gua sebelumnya, gua ingin compile beberapa must-have tools, stuff, and websites untuk kalian yang baru saja jadi mahasiswa atau sedang menjalani studi. Gue akan memisahkan ke beberapa kategori, yaitu Wajib Punya, Wajib Punya Untuk Anak [Jurusan], Boleh Punya, Cukup Tau, dan Jangan Pernah Sentuh. Dalam kategori tersebut akan diisi dengan kombinasi apps, website, dan alat-alat fisik. Untuk yang bersifat bajakan, sorry to say gua gak akan link di sini, kecuali Sci Hub atau Gen Lib. Bagi redditor yang bukan anak psikologi, tolong bantuin gua ya dengan comment berisi suggestion kalian.
WhatsApp, LINE, dan sometimes Telegram. : Ya menurut lo aja deh, hari gini masih SMS?
Flash drive : Get an 8GB stick, walaupun sekarang udah serba digital, kadang dosen masih minta print-out tugas. Plus, tukang fotokopi pasti sibuk dan gak ada waktu buka e-mail (walaupun ada), akan lebih praktis kalau data yang mau lo print atau submit pindahin dulu ke sini. Side note : Untuk anak DKV, Arsitektur, Desain Produk, Musik, dan Film, sepertinya kalian wajib beli external hard-drive minimal 500GB. Kalau bisa SSD ya, biar file terus protected (tapi agak mahal).
Google Drivedan isinya (Sheets, Docs, Draw, Slides) : Lo akan mobile for most of your campus life, GDrive gunanya bukan hanya sebagai backup tapi sebagai base of operations dari perkuliahan lo. Separate folders into semesters, lalu di dalamnya bikin folder per matkul, dan di dalamnya pun ada folder buku, tugas, class notes, and etc.
Google Calendar : Start planning through this app. Its highly underrated and I suggest you take time and learn how GCal works. Most people only use this after they started working, getting a head start is always better.
Mendeleyatau reference manager lain : Lu akan menghabiskan waktu 4 tahun baca artikel ilmiah, kadang mereka suka aneh formatting filenya kalo di-download dan mereka udah pasti gak appealing untuk di-save di laptop. Mendeley cuts off all of the problems and puts all of your references in one place. (Available on desktop and mobile)
Google Scholar: Berhubungan dengan sebelumnya, Google Scholar akan menjadi wikipedia elu di perguruan tinggi. You will access this site almost every day in uni.
Genesis Library : Adalah perpustakaan terlengkap di jagad internet. Gak usah beli textbook kalau lu gak mampu, download aja di sini.
Side points : Perpusnas punya akses e-book gratis pula, mostly koleksi mereka ada di situ. Appnya bisa dicari di Google Play Store (iOS setau gua belom ada).
Sci-hub : This is the scalpel of academia, the tool of a true mahasiswa. Sometimes lo akan ketemu artikel yang BAGUS, tapi sayang lo harus bayar ke publishernya. Nah, this bypasses that and you can have the PDF for FREEEEEEEEEEEEEEEEEEEEEEEEEE. Add extensionnya https://github.com/allanino/sci-hub-fy
E-book manager like Calibre (for PC and iOS) and Aldiko (for Android) : Pretty self-explanatory karena most of the time mahasiswa tingkat awal itu gak tau cara manage folder di laptop.
m-Banking app from your bank : Sekarang apa-apa sudah serba digital, belom lagi kalau lo butuh bayar-bayar atau patungan sama temen. Dengan adanya mbanking app, lo udah gak butuh ke ATM. Bahkan, sekarang mbanking bisa bayar ke OVO, Gopay, or Shoppee Pay lewat QRIS.
Go-Jek or Grab (and OVO) : Kemana-mana dan bayar apa-apa lebih gampang.
Kartu emoney, Flazz, Brizzi, dan sejenis : Silahkan beli salah satu dari kartu ini untuk kalian yang harus menggunakan moda transportasi seperti KRL atau Transjakarta. Plus, very handy untuk beli air putih di Indo/Alfamart. Kalau bisa yang satu jenis dengan bank kalian, agar top-up dapat dilakukan secara mudah di ATM atau app mbanking (bagi yang memiliki NFC hpnya)
Cheap OEM earphones : You will have some solace from annoying pieces of shit when you're reading or doing assignments. Browse through any ecommerce site and search for "headset samsung/iphone grosir" and buy 10.
Masker : Well, duh.
Zoom/Skype/Hangouts/Microsoft Teams : Please check on your faculty's specification, sekarang lagi pandemi and I don't think you guys are going back to school any soon.
Powerbank : Trust me, you will forget to charge your phone. One powerbank on the ready will be a life saver, especially during late nights.
OpenOfficeorLibreOffice : I do not condone the piracy of a certain word processing software. Get open-source and just relax. Alternatively, you can go all-out with Google's existing apps inside Drive.
JASP : I also do not condone the piracy of a certain statistics software.
Canva : Untuk anak-anak non-design yang gak bisa design, ditambah gak punya duit untuk hire designer (ya menurut lo), please take time to learn Canva. I would recommend GIMP a few years ago, but Canva has been gold standard of designing for non-designers.
CamScanner : For scanning documents. Available on iOS and Android
Condoms : Just, bring it.
MSDN : Kadang Microsoft kerjasama dengan kampus, check on your faculty.
Tar tambah lagiiiii.......
WAJIB PUNYA UNTUK ANAK.....
Kalkulator scientific : Bisa cari di toko buku atau e-commerce. Get Texas Instrument or Casio.
nanti kali ya
Kopi sachet yang banyak
Penggaris segitiga atau meteran
APA Publication Manual : Sebagai S.Psi gua akan menekankan PENTINGNYA MEMILIKI PDF INI DI SEMUA DEVICE ELU. Pelajarin dan cross-check semua style tulis dengan editorial style APA. Dosen PASTI BAKAL PERIKSA GAYA TULISAN ELU DENGAN APA.
KBBI : Dosen Psikologi paling terkenal dengan penulisan dan artikulasi kata, tolong pelajari bentuk baku kata-kata bahasa kita.
3D Brain : Untuk bantu Psiko Abnormal dan Faal.
Buku KUHP dan KUHPER, e-book or printed.
UU yang berkaitan dengan kelas, e-book or printed.
Printer dengan tinta isi ulang alias nyuntik
CompSci, Teknik Informatika, or Sistem Informatika
Spotify Premium : Check if your school is eligible for student discount! I do not condone using modified APK for Spotify Premium.
Audacity : Boleh lah punya kalau mau coba-coba bikin podcast.
Da Vinci Resolve : Kalian akan sewaktu-waktu dapet tugas buat edit video, either untuk kelas atau organisasi. Ini software open source yang lumayan powerful untuk editing.
SSDs for laptops : This is me speaking from experience, you'll need this if your risk of being in an accident is high. Upgrading to an SSD is 0-1, not only you get great booting and transfer speeds, but your data is almost always protected if amit-amit ketabrak atau laptop kenapa-napa.
Powerstrip : Ini bisa wajib, bisa enggak. Kadang berguna kalau kalian nugas di cafe, tapi kalian gak mati juga kalau gak punya.
Write Monkey : Ini dapat meng-enhance pengalaman kalian menulis, gue menggunakan program ini saat skripsi. Fungsinya cuma satu : Biar nulis lebih enak. Cocok bagi yang jurusannya rajin ngetik. Again, lo gak akan mati kalo gak punya ini.
Eventbrite : Cocok buat yang pengen cari group activities atau seminar gratisan.
TIX.ID : For the time being, jangan ke bioskop dulu. Tapi TIX suka banyak promo buy1get1. Lumayan buat irit duit.
Trello or Asana : Nah, sebenarnya ini wajib untuk orang kantoran (depends industrinya), tapi menurut gua kalau kalian coba aja pelajarin agile project management, mungkin performance group akan lebih naik. Ditambah ini lagi pandemi, nugas akan lebih gampang menurut gua dengan ini. Kakak-kakak yang udah kerja di kantor agile pasti bisa jelasin.
Jobstreet, Kalibrr, JobsDB, Glints : For work opportunities.
Halodoc : Truth be told, this app have saved my life multiple times. I would suggest a healthy diet, but having this on your phone will not hurt one bit.
Pisau lipat Victorinox : Handy untuk yang berencana jadi anak alam atau bocah camping. But basically handy untuk segala situasi, sih.
Aplikasi sekuritas : Bisa mulai belajar, setau gua macem MNC Sekuritas bisa mulai trading dengan Rp100.000.
Discord : Lumayan handy untuk jadi basis chat angkatan. Tapi, mereka lebih cater ke gaming crowd, walaupun fiturnya sebagus Slack Enterprise, tapi entah kenapa susah banget penetrate mainstream user.
To be added later...........
Netflix : Bisa patungan sama temen-temen. I don't suggest buy shady accounts.
Premier League app : Seru loh bikin liga fantasy sama temen-temen.
The scene: I receive an email from my father. He sent me this link: https://cayarekylajules.gitlab.io/julescayarek/?placement=silverprice.org&creative=476738494285&campid=11533504265&gclid=EAIaIQobChMIu-_F-aH27AIV8QFoCB3HOQY8EAEYASAAEgKq6fD_BwE This was my response: --- If it seems too good to be true, it probably is. If your "investment" strategy seems akin to placing a bet in a casino, then you're not really investing. You're gambling. The significance of seeing a world government backing a cryptocurrency is high. Presumably it would be a cryptocurrency designed and supported by that country's central bank. Many countries (including Canada) are currently working on such projects. The catch though is that governments are not interested in careless speculation. They want stability in their national currencies. There are already several cryptocurrencies out there that are designed as "stablecoins," ie. they are designed to try to be pegged to the USD or Euro. So obviously a cryptocurrency that is designed to be pegged to fiat will not see any significant appreciation, save for marching in lockstep with the pegged national currency. There are still a lot of good uses for digital stable-coins, as opposed to traditional fiat. They would work very similar to current fiat currencies, and their stability would be an asset to certain classes of investors. Currently, they are used when investors/speculators think that other cryptocurrencies such as bitcoin are about to drop in price. The traders move their funds out of bitcoin and into the stablecoin, so the value is preserved, and then if the cryptocurrency actually drops in price, they can sell their stablecoin and buy the cryptocurrency again, ending up with a greater quantity of the cryptocurrency than they had when they started. The thing about cryptocurrencies that concerns me the most is that so few people understand how they work, and for those people, there is a serious risk of losing funds. Does anyone think that it's a good idea for someone with a grade 8 education to have access to a trading account where they can trade margined forex or leveraged derivatives? No. And for a lot of people, a true understanding of the characteristics and value of cryptocurrencies requires a good deal of financial and banking acumen, plus a solid grounding in economics. And perhaps it would help to have some mathematics and coding experience on the side. Edit: And to be clear, that site is also a scam.
The Importance of Getting an Education for Forex Trading
This post was originally published on this siteThis post was originally published on this site You wouldn’t start a career in medicine without getting a degree first. The same applies to professional accountants, engineers, tech leaders, and more. So why would you consider devoting your life to earning money as a forex trader without the right education? Developing the right skills is […]
[META] Recent scam/spam trends.. Or, a peak inside what it's like to moderate /r/forex
After a few...especially trying...interactions with unhappy ban recipients today, I thought it would be fun to share a little info on what moderators do to keep this place clean. :) The forex industry is full of shady characters. Any industry sitting on the intersection of financial independence, work, and money, is bound to attract them. There are many reasons for this; the lower barrier to entry compared to other markets, the lack of public knowledge on the subject, and greedy human nature to name a few. Moderating a subreddit dedicated to forex (or anything trading realted for that matter,) presents extra challenges beyond your regular sub. Marketers and scammers are super motivated, and MLM / referral marketing is extremely popular right now, which can turn everyday regular users into sources of spam. How we currently tackle this problem involves technology (scripts, bots, and automod,) a mod review workflow, and some smart sleuthing when needed. The mod team and our scripts aren't perfect though... but the few false positives we get are a very, very small fraction of all mod actions taken (~1%.) Unfortunately, that means some otherwise sincere members get handled roughly, and that can really suck.. I wish there was a better way, but the alternative is this place becomes a wild west and starts looking like your gmail spam folder. That said, here's my personal stats for JUST the last 24 hours:
Bans: 14[edit:16 nowbefore day's end, two more responding to a 'where can I learn how to trade' post.]
All mod actions (including bans, post and comment removal, etc..): 63
Ban appeals: 2
And I'm just one of the mods. . . So what scammer and marketing trends are we seeing lately?
Content marketing - Infographics with instagram handles watermarked in them, or a blog-like post with a embedded links to their own site.
Personal/direct selling - trying to move the conversation out of public view, usually by taking things to DM, or promoting a 3rd party chatroom where the rules here no longer apply.
Shills - Fake accounts used to boost the credit of another user, or service. It's no coincidence that a user asking about 'ULRA PRO SIGNALZ' will quickly have 5+ replies by low karma, new users, saying how great the service is. [edit:here's an example I just caught..]
Fake P/L Porn - We see this quite often. It's easy to fake MT4 account statements and MT4 Mobile screenshots, and new users can't tell the difference so these posts will get a lot of undeserved attention. When people ask how OP made such mad cash, a sales pitch is usually coming right up.
Honestly, it can be really frustrating at times.. luckily the scripts we have in place make weeding out ~80% of these jokers quite easy and quick. Heck, we had one scammer who blew through 12+ accounts over the last few days trying to scam people but none of their posts ever saw the light of day thanks to the spam triggers I've written. What motivates the mod team to keep this place clean? That's an easy answer: The majority of users here are new to trading. Making sure they aren't food for the wolves is important. But even with all the measures we take, some bad actors still get through. So here's where you can help: Use the report button! Anytime you see something that you think fits the descriptions listed above, or violates our sidebar rules, just report it. Even if you're not 100% sure, don't be afraid to use the report tool.. The worst thing that can happen is the mod team reviews and approves it, but the best outcome is you directly help keep this place clean and humming! :) And the mod team is always looking to improve where it can: I've already talked about what we do to scrub away bad actors, but one place we could do better is education. The plan is to rewrite a good portion of the wiki to include the following sections:
Spotting scams and scammers
How to properly compare brokers and regulatory bodies
The real reason why your old high school friend wants you to sign up to IML, and 10 ways to politely tell him to pound sand
No, that hot instagram model won't sleep with you if you buy her online course
Why all signal services are trash and can die in a fire
(Titles above are a work in progress ;P) Are you a good writer and want to help out with this? Think you can write up a killer wiki article on spotting scam artists? Message the mods and let us know! Finally, a reminder, we are still interested in taking on more moderators and will be revisiting that very shortly. If you'd be interested, read through this post and reply accordingly: https://www.reddit.com/Forex/comments/h7ok6k/seeking_more_mods_recruitment_thread/
IMarketslive has a new name called IM Mastery Academy
I've been in a heated conversation with one of their members about how their company is a pyramid scheme but she keeps talking about how it's all about the education and because it's an educational platform and their pyramid scheme is called 'affiliate marketing' and her argument is that ' she has people on her team that have 0 people under them ' But let's all be real, the educational platform is just to hide the real truth because in the end, everyone starts building the pyramid because they want quick & easy money. You can't sign up on the website unless you have a 'code ' of someone that sent you, meaning you have to already be some kind of 'approved' person or whatever. Obviously the site looks legit, and everything is more detailed in their webinars or zoom calls. (ive been in a call before when it was imarketslive and it was all about recruiting) But since they do provide you with content on how to learn forex, it looks legit but it really isn't. I mean there's free content on youtube about forex, it's not hard. The person keeps telling me to get my facts right and that google is innacurate for information because it can get the wrong information lol.
https://preview.redd.it/81cx1yfe1pm51.jpg?width=474&format=pjpg&auto=webp&s=2ceddeda7d5dc0be5c7d4b4dfa7a715baac65b3a In the later part of websites are the testimonials screaming out loud regarding their success.BitQT review can be quiet judgemental at this point as a result of neither these testimonials prove the legitimacy of the web site nor the live profit reviews account such You extremely want to understand that if you opt to speculate you’ll surely not visiting recover. TheBitQT just prove this by themselves stating it not being on affiliate terms with others. Something that’s claiming that you simply’ll earn 110zero greenbacks every day is doing a true-time scam job Perhaps, theBitQT states advertising itself on Times, CNN and Forbes however neither of them found supportive during this regard. You'll check it all by yourself. This is often the sound proof of its scamming regime throughout the globe It doesn’t have that laser-accurate performance as in trading bitcoin you can never guarantee the minimum amount of profit you be earning the other day. Its what happens when trading with Forex Many of the websites agree onto the proficiency ofBitQT negating the crucial and impactful proves I shared with you higher than. They are saying it’s flawless. Will something be this flawless letting you earn regarding one thousand bucks each day without charging a penny? The automated transactions are known to be deposited directly into the user’s account that is nowhere to find affiliation with. Undoubtedly, most of the revealing sites have the only supportive argument beginning with, ‘As the review suggests’. Do raise yourselves, is that this the legitimate way to prove legitimacy ofBitQT They too argue regarding the legitimate verification method. That’s the explanation why there’s a number of complaints with reference to the current. If these products would have really worked, why not each single person select to remain off from their offices integrating with it somehow: Merely head to the SIGN-UP section on theBitQT site, fill in your personal info, and present your registration. When acknowledged, you'll be able to be able to access our restrictive Bitcoin exchanging To induce your exchange account in progress, you’ll have to include some assets. WithBitQT, you can create a initial investment of as low as $250, although you'll be able to contribute as a lot of as you wantoy Since your enlistment has been acknowledged and you’ve invested some funds, you’re fully done. Simply click on ‘trade’ to receive the rewards ofBitQT’s highly rated algorithm. In case you need a hands-on approach, you can shift to manual operation by changing the settings There’s no harm in trading in terms of cryptocurrency. We have a tendency to’re not against it. But we tend to really aim to reveal the very fact thatBitQT isn't a legitimate website to believe during this case. To actually invest in bitcoin you initially want to shop for a bitcoin wallet so as to store all bitcoins. a series of blockchain integrations which permits you to top-up and earn. But, as stated earlier you’ve no actual guarantee concerning the number you wish to earn. Secondly, you wish to integrate your bitcoin wallet to your account and then you’ll be ready to head towards the foremost step. Here, you’ll jin a bitcoin exchange system for trading bitcoin for any different traditional currencies of the market. It works well solely if you for legitimate sites for functioning and planning. Perhaps, it too needs a nice amount of ability and we never promise you to begin earning when you join Bitcoin Exchanger somehow. This was all aboutBitQT Review as a full fulling the aim of alerting the scam going around. Money Forex Cluster scamThe Cash Forex Group is run by a company named CFxG which allegedly was founded by a team of experts in all kinds of areas, mainly education in the monetary trading field and network promoting. https://preview.redd.it/0gc7ga9f1pm51.jpg?width=474&format=pjpg&auto=webp&s=5c031ac047e635c47d3ee592ab9235878613c890 These experts and their automated trading system will supposedly facilitate your to form heaps of cash. In trading solely you'll allegedly make fifteenp.c weekly on your investments. Then there are referral programs and multi-level structures that can boost your income even more. Is that t Money FX Group scamLet’s begin this Money Forex Group review by stating the obvious, this scheme may be a total scam, you just have to look at the numbers.BitQT When they promise you fifteen%+ weekly, it means that 60percent+ monthly, which is totally ridiculous in the important world. It means a lot of than 560zeropercent per year, therefore you'd need solely $18,00zero greenbacks to become a millionaire within year. And this is often plain impossible. No legitimate business can create you a gradual fifteenpercent weekly, no financial markets are that predictable and that easy to trade. It may appear straightforward to you, but it really is this straightforward, a program promising fifteenp.c weekly should be a scam, there is no alternative method, the Money FX Group is a scam. However there is additional to go through in this review. Massive lies Money FX Cluster testimonialThe Money Forex Cluster claims to be regulated by the subsequent institutions: FAC – Financial Conduct Authority of London, DFSA – Monetary Services Authority in Dubai, FSCA – Monetary Sector Conduct Authority of South Africa and FSA – the Monetary Services Authority of Seychelles. But guess what, the FAC will not even exist, while the others (DFSA, FSCA and FSA) haven't issued any license whatsoever to Cash Forex Cluster. Therefore not only Money FX Group is not regulated at all, it conjointly is lying huge time regarding its regulatory status. The fact is that it's no license whatsoever, so it cannot supply investment services legally in most countries. This is often conjointly why they want you to deposit cryptocurrencies, they wish to remain as anonymous as potential, so that they will run away along with your cash. Regulatory warning Not long when we have a tendency to printed our analysis, the Financial Conduct Authority (financial regulator in Nice Britain) came up with its own warning. The regulator said that CashFX is providing investment services without the mandatory authorization and advised the public to remain off from it. This is often a very serious argumentBiTQT. It'd be terribly unwise to deposit money with an unregulated and basically anonymous entity, as a result of it would not be protected in any means. No matter where the cash finally ends up, this program is promising you impossible returns on investments, which in itself confirms that something is wrong. How it works Let’s end this Cash Forex Group review by explaining the essential principle of this investment program. It's a Ponzi theme that does no real economic activity. It just collects money from individuals and may pay out some profits, but the most recent clients’ deposits can be used for that. This will have an inevitable outcome, the system can sooner or later crumble. It's simply a matter of your time when there can be not enough deposits to hide withdrawals and also the inevitable end can Nobody has not been paid, that is NOBODY ….. after all you can't compound or upgrade your CFX account unless you withdraw (get paid) …. CFX are not regulated…. as a result of they use a Regulated broker (everfx) to trade…so that information is also incorrect…and judging by the actual members comments….I’d say, members are happy….. long might that continue. BUT, you must never place in more than you are prepared to lose (In SOMETHING). However do correct analysis, ask members, don’t rely on people that play safe and stay poor. Do your own due diligence. (ps MOST sites that decision each business out as a scam…have their own links…..promoting guess what ? ….tip. SCAMS ! Beware. https://www.cryptoerapro.com/bitqt/ http://www.cryptoerapro.com/ https://twitter.com/cryptoerapro https://www.instagram.com/cryptoerapro/ https://www.pinterest.co.uk/cryptoerapro/ https://www.facebook.com/cryptoerapro
Original post got deleted by the auto-mods last week obviously.. Anyways for all those who use big words like Macroeconomics etc, here is some education which the books don’t teach you. Lot of confusion here about money printing by Feds leading to inflation etc. While it is true that money-printing can lead to hyper-inflation, but we need to look at it from a more fundamental perspective. The first most important question to ask what is the currency that is being printed and what is it backed by? This is where we flaunt our huge USD dicks. USD is the predominant reserve currency in the world, countries essentially trust the almighty dollar, which then results in other currencies being backed by some sort of USD collateral. Most respectable central banks around the world have forex reserves in USD to back up not only their currency but also inter country transactions. This is where the Fed can literally have no limits on being jacked to the tits on printing money. Here is where it gets interesting, since most of the securities in the World have dollar as the underlying medium, if the US economy and dollar collapse, that will trigger a financial meltdown like none other virtually shaking the foundation of modern economics. For more information on Global banking, Fed repo etc, read this well researched post: https://www.reddit.com/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Now one might say hey but that makes it very unfair and it seems like the US fed can fucking do whatever they want. Yes this is correct, they will. because they are the fucking makers of u/WSBGod; they are the WorldStreetBankingGod Therefore the World losing confidence in the dollar is a very weak argument. For further understanding on why collapse of dollar is unlikely, please read the article below: https://www.investopedia.com/articles/forex-currencies/091416/what-would-it-take-us-dollar-collapse.asp Now coming to the meat of the argument about printing money leading to inflation which is partially true but not really, remember QE around the world in developed countries (especially the ones with strong currencies) has never resulted monetary inflation that the economists know of, but asset price inflation (including equity) is a different story. This is where i think there might be a concern of an impeding global financial crisis. Below are the articles which talk about inflation, QE etc https://www.piie.com/sites/default/files/publications/pb/pb15-7.pdf https://www.investopedia.com/articles/investing/022615/why-didnt-quantitative-easing-lead-hyperinflation.asp Asset price inflation is the real danger here and that is why QE cannot be maintained without setting the stage for another, and much bigger and even more magnificent collapse of the financial system, the Big One if you will, and all the real-economy mayhem it would entail. Now the feds and other central banks around the world have learnt key lessons from the 2008 financial crisis and with the banks now being more connected than ever before in a global economy, everyone will be looking to the Fed to lead them out of the bear-hole when we get to it. I think people really underestimate the power of the Federal reserve and are really autsitic if they think that a bat flu will take SPY to $0. The fact that we are still the most dominant economy in the World coupled with the USD being the reserve currency gives Fed a free hand to print money without any credibility crisis as long as they use that as the last measure to stop the “GLOBAL” economic crisis. Note that the key word here is global, because when the whole world is on fire, nobody bothers much about whether you started the fire as long as you are also the one who is extinguishing it. Another article to help understand this point is the one below: https://www.ft.com/content/7562d1dc-bbb3-11e5-bf7e-8a339b6f2164 TL;DR: Don’t fight the Feds, they can print money, will print money and will get away with printing money to start the next bull run. Most macroeconomic theories and historical examples don’t apply to the US since we are both the creator and the player in the game. Markets might sell-off in short-term, but long term will go up as long as the Feds and the US government don’t create a credibility crisis domestically and internationally. Don’t go all in on puts, because you be up against a very formidable force in the Federal reserve and the US Government. PS: I am not an economist but definitely an Autist. I am 10k in various puts and hoping to get out tomorrow when it plunges and sit on the sidelines. Edit 1: I was in puts till end of last week, this post was made originally a week back. Currently in calls.
With Bitcoin Suddenly Surging, Canaan Stock Is Also Going Up Today
Since I angered some Chads on /r/investing here's why I think China is the next "big short".
Fellow idiots, I posted this comment which seems to have angered the highly sophisticated /investing community. I don't mind being downvoted but at least provide some counter arguments if you're going to be a dick. So in the pursuit of truth and tendies for all, I have prepared some juicy due diligence (DD) for WSB Capital on why China is on the verge of collapse. TL;DR at the bottom. Point 1: Defaults in China have been accelerating aggressively, and through July 2019, 274 real estate developers filed for bankruptcy, up 50% over last year. A bonus? Many Chinese state controlled banks have been filing for bankruptcy as well. Just google "china bank defaults" or something similar. Notice how many articles there are from 2019? When the banking system fails, everything else usually fails too. Point 2:The RMB has depreciated significantly. Last time this happened, in 2015-2016, there was a significant outflow of foreign invested capital. According to the IIF, outflows reached $725bn due to the currency depreciation.. This time is different why again? I have heard some arguments why there will be less outflow this time, but I struggle to buy them. Point 3: Despite wanting to operate like a developed economy, China still has not been able to shrug off the middle income trap. Their GDP per capita is comparable to countries we normally associated with being developing/emerging markets. Tangentially related to point 10. Point 4: China is an export-dependent economy, with about 20% of their exports contributing towards their GDP. Less exporting means less GDP, less consumption (because businesses make less money, they pay people less, who in turn spend less), which has a greater effect on GDP than any declines in exports would have at face value. Guess what? Chinese exports dropped 1% in August, and August imports dropped -1%, marking the 5th month this year of negative m/m export growth.. Point 5: Business confidence has been weak in China - declining at a sustained pace worse than in 2015. When businesses feel worse, they spend less, invest less in fixed assets, hire less until they feel better about the future. Which takes me to my next point. Point 6:Fixed asset investment in China has declined 30 percentage points since 2010. While rates are low, confidence is also low, and they are sitting on a record amount of leverage, which means they simply will not be able to afford additional investment. Point 7: They are an extremely levered economy with a total debt to GDP ratio of over 300%, per the IIF, which also accounts for roughly 15% of global total fucking debt. Here's an interview with someone else talking about it too. Point 8: Their central bank recently introduced a metric fuckton of stimulus into their economy. This will encourage more borrowing....add fuel to the fire. Moreover, the stimulus will mechanically likely weaken the RMB even more, which could lead to even more foreign outflows, which are already happening, see next point. Point 9: Fucking LOTS of outflows this year. As of MAY, according to this joint statement, around 40% of US companies are relocating some portion of their supply chains away from mainland. This was in May. Since May, we have seen even more tariffs imposed, why WOULD companies want to stay when exporting to the US is a lot more expensive now? Point 10: Ignoring ALL of the points above, we are in a global synchronized slowdown, with many emerging market central banks cutting rates - by the most in a decade. Investors want safety, and safe-haven denominated assets are where we have seen a lot of flocking into recently. Things that can be considered safe-havens have good liquidity, a relatively stable economy, and a predictable political environment. Would love to hear opposing thoughts if you think China is a good buy. I am not against China, nor any other country for that matter, but I am against losing money (yes, wrong sub etc.), and I can not rationalize why anyone would be putting in a bid. TL;DR: the bubble is right in front of your face, impending doom ahead, short everything, fuck /investing. Edit, since you 'tards keep asking me how to trade this, there are a few trades that come to mind:
US treasuries still have room to run (before the autists say that's not yolo enough you could trade OTM calls on UST-linked ETFs, US govvie futures for gainz)
Sell SPX companies with big supply chain exposure and heavy cost of capital, buy their competitors without these features.
Open up apparel factories in Bangladesh, India, Indonesia, Vietnam, Thailand, and sell to the US.
Buy soybeans assuming farmers get a bailout from US
I am sure there are plenty of China based ETFs which could be played, DYOR.
Short any US listed company with mainland China domicile. If shit REALLY hits the fan between US/China, there are levers that US Govt. can pull to fuck them.
Forex Trading: a Beginner's Guide The forex market is the world's largest international currency trading market operating non-stop during the working week. Most forex trading is done by professionals such as bankers. Generally forex trading is done through a forex broker - but there is nothing to stop anyone trading currencies. Forex currency trading allows buyers and sellers to buy the currency they need for their business and sellers who have earned currency to exchange what they have for a more convenient currency. The world's largest banks dominate forex and according to a survey in The Wall Street Journal Europe, the ten most active traders who are engaged in forex trading account for almost 73% of trading volume. However, a sizeable proportion of the remainder of forex trading is speculative with traders building up an investment which they wish to liquidate at some stage for profit. While a currency may increase or decrease in value relative to a wide range of currencies, all forex trading transactions are based upon currency pairs. So, although the Euro may be 'strong' against a basket of currencies, traders will be trading in just one currency pair and may simply concern themselves with the Euro/US Dollar ( EUUSD) ratio. Changes in relative values of currencies may be gradual or triggered by specific events such as are unfolding at the time of writing this - the toxic debt crisis. Because the markets for currencies are global, the volumes traded every day are vast. For the large corporate investors, the great benefits of trading on Forex are:
Enormous liquidity - over $4 trillion per day, that's $4,000,000,000. This means that there's always someone ready to trade with you
Every one of the world's free currencies are traded - this means that you may trade the currency you want at any time
Twenty four - hour trading during the 5-day working week
Operations are global which mean that you can trade with any part of the world at any time
From the point of view of the smaller trader there's lots of benefits too, such as:
A rapidly-changing market - that's one which is always changing and offering the chance to make money
Very well developed mechanisms for controlling risk
Ability to go long or short - this means that you can make money either in rising or falling markets
Leverage trading - meaning that you can benefit from large-volume trading while having a relatively-low capital base
Lots of options for zero-commission trading
How the forex Market Works As forex is all about foreign exchange, all transactions are made up from a currency pair - say, for instance, the Euro and the US Dollar. The basic tool for trading forex is the exchange rate which is expressed as a ratio between the values of the two currencies such as EUUSD = 1.4086. This value, which is referred to as the 'forex rate' means that, at that particular time, one Euro would be worth 1.4086 US Dollars. This ratio is always expressed to 4 decimal places which means that you could see a forex rate of EUUSD = 1.4086 or EUUSD = 1.4087 but never EUUSD = 1.40865. The rightmost digit of this ratio is referred to as a 'pip'. So, a change from EUUSD = 1.4086 to EUUSD = 1.4088 would be referred to as a change of 2 pips. One pip, therefore is the smallest unit of trade. With the forex rate at EUUSD = 1.4086, an investor purchasing 1000 Euros using dollars would pay $1,408.60. If the forex rate then changed to EUUSD = 1.5020, the investor could sell their 1000 Euros for $1,502.00 and bank the $93.40 as profit. If this doesn't seem to be large amount to you, you have to put the sum into context. With a rising or falling market, the forex rate does not simply change in a uniform way but oscillates and profits can be taken many times per day as a rate oscillates around a trend. When you're expecting the value EUUSD to fall, you might trade the other way by selling Euros for dollars and buying then back when the forex rate has changed to your advantage. Is forex Risky? When you trade on forex as in any form of currency trading, you're in the business of currency speculation and it is just that - speculation. This means that there is some risk involved in forex currency trading as in any business but you might and should, take steps to minimise this. You can always set a limit to the downside of any trade, that means to define the maximum loss that you are prepared to accept if the market goes against you - and it will on occasions. The best insurance against losing your shirt on the forex market is to set out to understand what you're doing totally. Search the internet for a good forex trading tutorial and study it in detail- a bit of good forex education can go a long way!. When there's bits you don't understand, look for a good forex trading forum and ask lots and lots of questions. Many of the people who habitually answer your queries on this will have a good forex trading blog and this will probably not only give you answers to your questions but also provide lots of links to good sites. Be vigilant, however, watch out for forex trading scams. Don't be too quick to part with your money and investigate anything very well before you shell out any hard-earned! The forex Trading Systems While you may be right in being cautious about any forex trading system that's advertised, there are some good ones around. Most of them either utilise forex charts and by means of these, identify forex trading signals which tell the trader when to buy or sell. These signals will be made up of a particular change in a forex rate or a trend and these will have been devised by a forex trader who has studied long-term trends in the market so as to identify valid signals when they occur. Many of the systems will use forex trading software which identifies such signals from data inputs which are gathered automatically from market information sources. Some utilise automated forex trading software which can trigger trades automatically when the signals tell it to do so. If these sound too good to be true to you, look around for online forex trading systems which will allow you undertake some dummy trading to test them out. by doing this you can get some forex trading training by giving them a spin before you put real money on the table. How Much do you Need to Start off with? This is a bit of a 'How long is a piece of string?' question but there are ways for to be beginner to dip a toe into the water without needing a fortune to start with. The minimum trading size for most trades on forex is usually 100,000 units of any currency and this volume is referred to as a standard "lot". However, there are many firms which offer the facility to purchase in dramatically-smaller lots than this and a bit of internet searching will soon locate these. There's many adverts quoting only a couple of hundred dollars to get going! You will often see the term acciones trading forex and this is just a general term which covers the small guy trading forex. Small-scale trading facilities such as these are often called as forex mini trading. Where do You Start? The single most obvious answer is of course - on the internet! Online forex trading gives you direct access to the forex market and there's lots and lots of companies out there who are in business just to deal with you online. Be vigilant, do spend the time to get some good forex trading education, again this can be provided online and set up your dummy account to trade before you attempt to go live. If you take care and take your time, there's no reason why you shouldn't be successful in forex trading so, have patience and stick at it!
While reasearching Epstein's known associates, an interesting individual stood out. Lynn Forester de Rothschild, Lady de Rothschild. No intention of this being a Rothschild Conspiracy. If your are uninterested to read the content below, scroll down to Comment to get my summary and take on this information. As always please Fact check this. (HJI) is a bi-partisan, transatlantic movement of business leaders, senior policy makers and academics focused on promoting a more Inclusive Capitalism. The HJI calls for international collaboration from businesses and other organizations to encourage the widest possible adoption of programs that improve capitalism as a driver of wellbeing for society. The HJI grew out of the Task Force project For Inclusive Capitalism, which sought solutions to the effects on society and business as a result of the global financial crisis of 2007 – 2008 and the dislocations caused by capitalism’s practice over the past 30 years. The Taskforce, which was co-chaired by Dominic Barton, Global Managing Director, McKinsey & Company, and Lady Lynn Forester de Rothschild, CEO, El Rothschild, published its inaugural paper Towards a More Inclusive Capitalism in May 2012. The report sets out three pathways for business action that lie at the heart of the HJI’s mandate:
Education for employment: addressing the gap between employer needs and employee skills
Nurture start-ups and SMEs: mentoring small businesses and improving access to credit for them
Reform management and governance for the long term: replacing today’s focus on short term performance
The HJI exists to highlight and support businesses and other organizations working to promote the broadest possible adoption of best practices in these and other areas related to Inclusive Capitalism. The HJI believes there is an urgent and compelling demand for business to act to address the greatest systemic issues facing capitalism today. The HJI also believes that business is best positioned to lead innovations in areas that need them the most.
Scoop Jackson was convinced that there's no place for partisanship in foreign and defense policy. He used to say, 'In matters of national security, the best politics is no politics.' His sense of bipartisanship was not only natural and complete; it was courageous. He wanted to be President, but I think he must have known that his outspoken ideas on the security of the Nation would deprive him of the chance to be his party's nominee in 1972 and '76. Still, he would not cut his convictions to fit the prevailing style. I'm deeply proud, as he would have been, to have Jackson Democrats serve in my administration. I'm proud that some of them have found a home here.
Jackson was known as a hawkish Democrat. He was often criticized for his support for the Vietnam War and his close ties to the defense industries of his state. His proposal of Fort Lawton as a site for an anti-ballistic missile system was strongly opposed by local residents, and Jackson was forced to modify his position on the location of the site several times, but continued to support ABM development. American Indian rights activists who protested Jackson's plan to give Fort Lawton to Seattle, instead of returning it to local tribes, staged a sit-in. In the eventual compromise, most of Fort Lawton became Discovery Park), with 20 acres (8.1 ha) leased to United Indians of All Tribes, who opened the Daybreak Star Cultural Center there in 1977. Opponents derided him as "the Senator from Boeing" and a "whore for Boeing" because of his consistent support for additional military spending on weapons systems and accusations of wrongful contributions from the company; in 1965, 80% of Boeing's contracts were military. Jackson and Magnuson's campaigning for an expensive government supersonic transport plane project eventually failed. After his death, critics pointed to Jackson's support for Japanese American internment camps during World War II as a reason to protest the placement of his bust at the University of Washington.Jackson was both an enthusiastic defender of the evacuation and a staunch proponent of the campaign to keep the Japanese-Americans from returning to the Pacific Coast after the war.
Jackson Papers controversy
Senator Jackson's documents were donated to the University of Washington shortly after his death in 1983, and have been archived there ever since.When the materials were donated in 1983, university staff removed all information considered classified at the time.Additional materials were added to the collection until 1995. At some point, library staff discovered a classified document in the collection and sent it to the government for declassification. In response, in the summer of 2004, a man who identified himself as an employee of the Central Intelligence Agency (CIA) called the University of Washington asking to inspect Senator Jackson's archived documents housed there. He found a document labelled as classified and showed this to a librarian. In February 2005, 22 years after Jackson's death, a five-person team including staff of the CIA, Department of Defense, the Department of Energy, and the Information Security Oversight Office came to library to review all of Jackson's papers to remove anything still considered classified, or reclassified since then. The Department of Energy found nothing of concern, but the CIA blanked lines in about 20 papers and pulled 8 documents out of collection. As of 2018, some files in the collection are available only to those regarded by the library as "serious researchers", who must first sign a release not to divulge some of the information contained in the files.
The Henry Jackson Society
The society was founded on 11 March 2005 by academics and students at Cambridge, including Brendan Simms, Alan Mendoza, Gideon Mailer, James Rogers and Matthew Jamison. It organises meetings with speakers in the House of Commons. The society claims that it advocates an interventionist) foreign-policy that promotes human rights and reduces suffering, by both non-military and military methods, when appropriate. In 2006, the society worked to raise the profile of the Ahwazi Arabs of Iran, who it claims are currently being oppressed by the Iranian government. After originating within the University of Cambridge, the organisation is now based in London. In April 2011 the entire staff of another London think-tank, the Centre for Social Cohesion (which has since been dissolved), joined the Henry Jackson Society. The organisation is a registered charity in England and Wales and earns financial backing from private donations and grant-making organisations which support its work. The income of the society increased significantly from 2009 to 2014, from £98,000 to £1.6 million per year. In 2017 Hannah Stuart, one of the society's Research Fellows, released Islamist Terrorism: Analysis of Offences and Attacks in the UK (1998–2015), which profiled every individual convicted under terrorism legislation in the UK between those dates with an Islamist connection.
Structure and projects
The Society has produced a breadth of research reports and papers. These have mostly focused on Islamist extremist activity in the UK, crackdowns on human rights and democracy elsewhere, and various facets of foreign policy and defence.Its current workstreams include:
Asia Studies Centre. This Centre seeks to provide "an in-depth understanding of the structural shifts, regional complexities and historic tensions that exist alongside the tremendous economic and social growth that traditionally characterise the 'rise of Asia'."Publications include a paper on the possible outcomes of the negotiations with North Korea,and the need to safeguard critical national infrastructure in the West from vulnerabilities which may be built in by China.
Global Britain Programme. Focuses on "the need for an open, confident and expansive British geostrategic policy in the twenty-first century – drawing on the United Kingdom’s unique strengths not only as an advocate for liberalism and national democracy, but also as a custodian of both the European and international orders." This centre has published papers on what the European Union 'owes' the United Kingdom, as well as advocated for increased military spending by NATO members.
Russia & Eurasia Studies Centre. Researches domestic and foreign policy issues in Russia and the former Soviet states. In 2018 the Conservative) MP Bob Seely published a paper through this Centre which sought to define 'Contemporary Russian Conflict', and in which he accused the government of Vladimir Putin of pursuing KGB-style tactics.
Centre for the New Middle East. Established following the Arab Spring, the Society describes this Centre as "dedicated to monitoring political, ideological, and military and security developments across the Middle East and providing informed assessments of their wide-ranging implications". The Centre has released reports highly critical of Iran.
Centre on Radicalisation & Terrorism. Focuses on the threat to the United Kingdom and elsewhere by Islamist terrorism. Reports have ranged from analyses of the UK charitable sector to the way in which criminals utilise the darknet.
Student Rights. Created in 2009 "as a reaction to increasing political extremism and marginalisation of vulnerable students on campus". This project has tracked what it describes as "extreme" speakers on British university campuses.
In September 2018, the Society announced the creation of a new Centre for Social and Political Risk. This Centre will "identify, diagnose and propose solutions to threats to governance in liberal Western democracies", focusing on social cohesion and integration; freedom of speech and political correctness; demographic change; and other issues.
The think tank has been described by the media as having right-wing and neoconservative leanings, though it positions itself as non-partisan.In 2014, Nafeez Ahmed, an executive director of the Institute for Policy Research & Development, said that the Henry Jackson Society courts corporate, political power to advance a distinctly illiberal oil and gas agenda in the Middle East. In 2009 the society became the secretariat of two all-party parliamentary groups (APPGs), for Transatlantic and International Security, chaired by Gisela Stuart, and for Homeland Security, chaired by Bernard Jenkin. A transparency requirement upon non-profit organisations acting as secretariat at that time was that they must reveal, on request, any corporate donors who gave £5,000 or more to the organisation over the past year or cease acting as a secretariat organisation. In 2014, following a query, the society refused to disclose this information and resigned its position as secretariat of the APPGs concerned in order to comply with the Rules. The Parliamentary Commissioner for Standards, Kathryn Hudson, upheld a complaint against these APPGs on the grounds data had not been provided, but noted the society had already resigned its position and that the consequence of this non-provision therefore "appears to have taken effect" as the Rules intended. The case was therefore closed with no further action taken and the APPGs themselves dissolved with the dissolution of Parliament in March 2015. The APPG Rules were subsequently changed in March 2015 so that only those non-profit organisations providing services to APPGs of more than £12,500 in value needed to declare their corporate donors. In July 2014 the Henry Jackson Society was sued by Lady de Rothschild over funds of a "caring capitalism" summit. Lady de Rothschild claims that she has financed the summit and that HJS and its executive director Alan Mendoza are holding £137,000 of “surplus funds” from the conference that should be returned to the couple’s investment company EL Rothschild. Think tank discussions on the Middle East and Islam have led some media organisations to criticise a perceived anti-Muslim agenda. Marko Attila Hoare, a former senior member, cited related reasons for leaving the think tank and Scottish Labour leader Jim Murphy was urged, in 2015, to sever his links with the society. According to the report published in 2015, "a right-wing politics is apparent not only in the ideas that the Henry Jackson Society promotes, but also emerges distinctly on examination of its funders." In 2017, the Henry Jackson Society was accused of running an anti-China propaganda campaign after the Japanese embassy gave them a monthly fee of 10,000 pounds.The campaign was said to be aimed at planting Japan's concerns about China in British newspapers. Co-founder Matthew Jamison wrote in 2017 that he was ashamed of his involvement, having never imagined the Henry Jackson Society "would become a far-right, deeply anti-Muslim racist [...] propaganda outfit to smear other cultures, religions and ethnic groups." "The HJS for many years has relentlessly demonised Muslims and Islam." In January 2019, Nikita Malik of the Henry Jackson Society provided The Daily Telegraph with information they claimed showed a Muslim scout leader was linked to Islamic extremists and Holocaust deniers.In January 2020 The Daily Telegraph issued a retraction and formal apology saying that: "the articles said that Ahammed Hussain had links to extremist Muslim Groups that promoted terrorism and anti-Semitism, and could have suggested that he supported those views and encouraged their dissemination. We now accept that this was wrong and that Mr Hussain has never supported or promoted terrorism, or been anti-Semitic.We acted in good faith on information received but we now accept that the article is defamatory of Mr Hussain and false, and apologise for the distress caused to him in publishing it. We have agreed to pay him damages and costs." The initial signatories of the statement of principles included:
This has been a rabbit hole and only half the story regarding Lady Forester. Then only link between Lady Forester and Jeffrey Epstein is In 1995, financier Lynn Forester discussed "Jeffrey Epstein and currency stabilization" with Clinton. Epstein, according to his own accounts, was heavily involved in the foreign exchange market and traded large amounts of currency in the unregulated forex market. I will post another story Lady Forester and the coalition for Inclusive Capitalism.
Cases Displaying the Recent Climate of Chinese Economy
This is just a plain list that records the notable cases about China's recent economic woes. China is rumoured to delay indefinitely its US-China phase one trade deal (fact sheet PDF) implementation that includes the increase of China's purchasing American products & services by at least $200 billion over the next two years, which is almost twice the size of what China purchased before the trade war began. Okay. And according to Tianyancha (天眼查), Chinese commercial database that compiles public records; more than 460,000 companies in China closed permanently in Q1 2020, with more than half of them having operated for under three years. [LINK] Of course, this is mainly caused by the COVID-19 pandemic. However, what's interesting to me is the following part: "more than half of them having operated for under three years." What happened three years ago? Once you figure out how big the trade war has played in China's recent economic woes (the article samples listed below may help), the real question is whose investment or money in China was getting destroyed especially for the last three years. Other than the article samples listed below, two other data elements that would need to be assessed are: 1) financial loss from the US' blocking Huawei mobile OS & 5G and 2) financial loss from BRI projects. With CCP, who has been working with Huawei as a team for a long time?    ........................................ ☞ Tale of How Shanghai clique and Prominent Globalists Got Together. ........................................ Sep 09, 2015 -- Fortune Reports: The real ticking time bomb in China’s economy[LINK] "[China's] Local governments have borrowed this money with the blessing of China’s central government. In fact, China’s much-lauded $570 billion stimulus package in 2008, which dwarfed the American response to its crisis relative to each country’s respective GDP was funded mostly by local government debt. That program helped power China’s economic growth since 2008, but the dividends are now drying up. As Chinese growth slows, the central government is worried about the local governments’ abilities to finance the debt. China could continue to kick the can down the road by bailing out its insolvent local governments. But this would run counter to President Xi Jinping’s efforts to curb the power of local officials and shift China’s growth model from investment led to consumption led. Last week, Beijing placed a $16 trillion yuan cap on Chinese government debt, up $600 million yuan from a cap it set last year. And this is after the government has been swapping debt with local governments, buying up real estate-financed local debt in place of government debt officially backed by the Chinese government." Aug 24, 2016 -- SCMP: Wanted posters for fugitive debtors and runaway bosses symptoms of China’s economic woes[LINK] "In the first seven months of this year, there were 38 instances of default by 18 bond issuers on the mainland, six of them SOEs. The defaults involved 24.8 billion yuan, more than double the total for the past two years combined. And while only a third of issuers in default this year were SOEs, they accounted for about two-thirds of the amount in default." Jul 12, 2017 -- The Nikkei Reports: China government auditor flags dodgy books at key state companies[LINK] "China's National Audit Office) delved into financial statements from 20 of the 101 state enterprises directly controlled by the central government, focusing on filings from the year 2015. The records are notoriously difficult for outsiders to access, as many of the companies are core unlisted units of major state-backed business groups. Improprieties were unearthed at 18 of the 20, including 200.1 billion yuan ($29.4 billion) in revenue inflation over the last several years and roughly 20.3 billion yuan in improperly booked profit. Culprits included China National Petroleum, one of the country's largest oil producers; China National Chemical, or ChemChina, which recently acquired Switzerland's Syngenta, the world's top maker of agrochemicals; and China Baowu Steel Group." ........................................ 2018 ........................................ Jul 16: China’s $42-Trillion Debt Bubble Looms Larger than Trade War [LINK] Oct 10: Financial woes build for HNA Group, forcing sale of subsidiaries and property [LINK] ........................................ 2019 ........................................ Jan 25: Sinopec Says It Lost $688 Million on ‘Misjudged’ Oil Prices [LINK] Jun 11: China’s debt disease might wreck its uncrashable housing market [LINK] Jul 18: More than 50 companies reportedly pull production out of China due to trade war [LINK] Jul 19: China Minsheng Investment says it cannot repay the principal and interest on US$500 million of bonds as its debt woe deteriorates [LINK] Sep 06: China Injects $126 Billion Into Its Slowing Economy [LINK] Oct 06: China's foreign exchange reserves fallen to mere $3.1 trillion USD [LINK] Nov 06: China Embraces Bankruptcy, U.S.-Style, to Cushion a Slowing Economy [LINK] Nov 25: China Faces Biggest State Firm Offshore Debt Failure in 20 Years [LINK] Nov 28: Chinese navy set to build fourth aircraft carrier, but plans for a more advanced ship are put on hold [LINK] Dec 02: Tech Firm Peking University Founder Welches on USD 284 Million SCP, Has USD 43 Billion Debt [LINK] Dec 02: Sinopec Group Slims Down Amid Push to Reinvigorate State Firms [LINK] Dec 13: Fact Sheet: Agreement Between The United States Of America And The People’s Republic Of China Text [PDF LINK] Dec 19: Money has been leaving China at a record rate. Beijing is battling to stem the tide [LINK]
Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That's bad news for China, which needs to keep financial reserves high to maintain confidence in its markets.
........................................ 2020 ........................................ Feb 03: Coronavirus May Delay Hard-Fought U.S. Trade Wins in China [LINK] Feb 16: China's Evergrande to offer 25% discount for all properties on sale in Feb, March [LINK] Apr 02: Luckin Coffee stock tanks 80% after discovery that COO fabricated about $310 million in sales [LINK] Apr 08: Chinese e-learning king TAL Education admits inflated sales [LINK]
Chinese law prohibits Chinese companies from submitting to normal U.S. auditing standards, and four Senators have already introduced a bill requiring them to do so. Should Trump be reelected ... either Beijing will relent on auditing standards or Chinese firms may start to face U.S. delisting threat.
Jul 14: Chinese $2.8bn memory chip project goes bust [LINK]
A Chinese company that launched a $2.8 billion government-backed semiconductor project four years ago is going bankrupt after it failed to attract investors, even as China tries to become self-sufficient in computer chips.
Jul 16: TSMC plans to halt chip supplies to Huawei in 2 months [LINK] Jul 16: The $52 Trillion Bubble: China Grapples With Epic Property Boom [LINK] Aug 26: U.S. Penalizes 24 Chinese Companies Over Role in South China Sea [LINK] Aug 31: China’s Economy Shrinks, Ending a Nearly Half-Century of Growth [LINK] Sep 09: Hongxin Semiconductor, promised China's first 7 nm chips, has gone bust [LINK]
A government-backed semiconductor manufacturing project based in the central Chinese city of Wuhan has gone belly-up, with key operator HSMC mired in debt. The local government said the project amounts to nearly RMB 128 billion (around $18.7 billion) in investment.
Sep 22: Huawei chairman urges U.S. to reconsider 'attack' on global supply chain [LINK] Oct 13: EU imposes 48% tariffs on aluminium products from China [LINK] Oct 18: China's economic growth drops to the lowest level since 1992 [LINK] Oct 27: China’s Failing Small Banks Are Becoming a Big Problem [LINK]
The reality is that Beijing doesn’t have the wherewithal to guarantee the future of hundreds of smaller, provincial financial institutions that together sit on 73.4 trillion ($11 trillion USD) of yuan of total liabilities.
------------------------ ☞ Go Back to the Short Story. ----
A Short Story that Describes Imaginary Events and People of Worldwide Calamities and the Aftermath (the 2nd Edition)
The following story, all names, characters, and incidents portrayed in this post are fictitious. No identification with actual persons (living or deceased), places, buildings, and products is intended or should be inferred. However, the LINKS to real-life events and inspiring sources are placed here and there throughout the story. -------- Truth is the Only Light -------- INTRO ☞ [As of 2019] there are plenty of reasons to think the Chinese system will implode spectacularly without Japanese feeling the need to do a thing. — Peter Zaihan, Disunited Nations (Mar 03, 2020) It's apparent that two nations have been engaged in a high-stakes military & economy arms race. The current US admin has been hitting China with waves of tariffs, but that was merely a small part of what's actually going on.         On Oct 11, 2019, when they reached a tentative agreement for the first phase of a trade deal, the fact that China made the concession actually made my jaw drop. From where I sit, it was a worrisome scene. Aren't people saying, when challenging situations are bottled up, they will just grow and mutate into another terrible complications? Admittedly I was not certain how they are going to adhere to the agreement: It left most of the US tariffs (on China's exports) in place, and at the same time, came with an additional USD $200 Billion burden for China over the next two years. This agreement might seem a bit insignificant, but now China would need to purchase almost twice the size of the US products & services they did before the trade war began. With their current economic climate? I murmured, "No way." While watching Trump brag and boast around with said agreement, I expected China would soon come out and fling some improvised excuses in order to delay the document-signing process. It wouldn't be their first time. More importantly, even if China does so, there wouldn't be many (real) counterattack options left for the Trump admin during this year, the US presidential election year. Then, on Jan 16, 2020, the world’s two largest economies actually signed a partial trade agreement aimed at putting the brakes on an 18-month trade war. China would almost surely not sit down but come back to bite, I thought. Enter the worldwide chaos following so called the COVID-19 outbreak. -------- BACKGROUND ☞ Globalists have been heavily investing in China's economy and its components overseas. • Here are a couple of well known names: the Great Old One; George Soros; Koos Bekker; and Bill Gates. • For the sake of convenience, from here on, let's call these globalists, who are foreign investors in China's top tier state-owned/sponsored/controlled enterprises, Team-Z. • Team-Z has adopted big time lackeys like Henry Kissinger or small time ones like Larry Summers, Stephen Hadley, or Bill Browder as matchmakers to court Team-Z for China's top tier enterprises. When Israel's highest echelons chimed in, it has been through Israeli IT companies and the BRI projects. • Naturally, multinational investment banks have also been employed; such as Morgan Stanley, Goldman Sachs, Royal Bank of Scotland (RBS), UBS Group AG (formerly Union Bank of Switzerland), Blackstone Group, Canaccord Genuity, BlackRock, Hermitage, or Mirae Asset. ☞ Note: The Great Old One didn't use any matchmakers, something peasants would need. Because the Great Old One's power level is over 9000. • China's Shanghai clique used to keep the nation's state-sponsored enterprises under their firm grip: Enterprises such as Alibaba Group, Tencent, Baidu, Wanda Group, HNA Group, Anbang Group, Evergrande Group, CEFC Energy and Huawei, all of which Team-Z has massively invested in. • Here is how Shanghai clique and Team-Z, esp. Bill Gates, started to get together:[LINK] • However, in the name of anti-corruption campaign, Xi Jinping & his Princelings have been taking those businesses away from Shanghai clique's hand, and transforming those state-sponsored private enterprises into the state-owned enterprises, declaring the 國進民退 movement. • Slaying Shanghai clique's control =       • 國進民退 + Slaying Shanghai clique's control = [A] [B] [C] • Xi's reign didn't arrive today without challenges though: the BRI projects' poor outcome has frustrated Israel's great expectations. And since the US-China trade war has started, the problems of China's economic systems started to surface, not to mention China's economy has long been decaying. • Coupled with the US-China trade war, the current US admin has been trying to block Huawei from accessing the international financial systems that the US can influence, as well as the US banking systems. This is a good time to remind you again that Bill Gates has had a very close-knit relationship with Huawei. -------- TRADE WAR & INTERNET-BASED COMPANIES ☞ It's the trade war, but why were internet-based companies such as Tencent and Baidu suffering losses? Answer: The state-sponsored companies like Tencent, Baidu, or Huawei have heavily invested in international trade and commodity markets, which are easily influenced by aspects that IMF interest rates, the US sanctions, or trade war can create. Example: Let's say, Tencent invests in a Tehran-based ride-hailing company. Then, through said ride-hailing company, Tencent invests in Iran's petroleum industry. Now, China's most valuable IT company is in international petrochemical trade. The business is going to make great strides until the US imposes trade embargoes oand economic sanctions against Iran. -------- TL;DR China's economy going down = Team-Z losing an astronomical amount of money. ★ Wednesday, Sep 26, 2018 ★ "Gentlemen, you guys might want to do something before it's too bloody late, no? Hisspeechlast night was .... (sniggers) Mr. Gates, now is as good a time as any. Mr.Soros, hm, don't look at melikethat." ".... But," "Yes, Mr. Soros, yourHNAis going down, too. .... Ah,Schwarzmanxiansheng, we're very sorry to learn about Blackstone'sIran&SinopecChinasituation. So, we're guessing, you'd be happy to join Mr. Gates's operation, yes? Of course, We already contactedKissingerxiansheng. ....Okaythen,Gentlemen?" • Now you can take a guess why George Soros has recently been sending out confusing messages regarding Xi Jinping. • Wait, how about Wuhan Institute of Virology? Doesn't this story concern the COVID-19 outbreak? Is the Wuhan Institute also associated with Shanghai clique? Yes, indeed. Here's How Wuhan Institute of Virology and Shanghai Clique are related:[LINK] -------- EIGHT OBJECTIVES ☞ Calling for the tide to be turned, Team-Z and Shanghai clique started to devise the plan. The objectives are: ① By shutting down international trade, crashing world economy, and exploiting its aftermath, the plan should produce an outcome letting Team-Z earn back their loss from the trade war & the US sanctions, and collect additional profits from China's BRI projects & stock markets worldwide, including the US stock markets. • Don't forget this: This point number ① also concerns the developing nations on the BRI with the large deposits of natural resources that Team-Z has invested in through China. If everything comes together nicely, Team-Z will pick up trillions of dollars from those nations alone as if they are light as a feather. Ironically this will reinforce the BRI project governance and mitigate fraud & corruption risks inherent to the international development projects. ② By utilizing the aftermath in the US, a new US administration consisted of pro-Beijing personnels should be fostered at the 2020 election. In a worst-case scenario, the aftermath should be abused enough to make Robert Lighthizer to leave the admin. Mr. Mnuchin could stay. ③ Sometime next year, the phase one trade deal must be reassessed with the new US admin. The reassessment should help China take the upper-hand at the second phase trade talk. ④ The pandemic crisis should yield a situation which allows China to delay the payments for its state-firm offshore debts. With the point number ①, this will give China a breathing room to manage its steadily-fallen forex reserves. ⑤ Since their current turf (in China) is education industry & medical science industry, Shanghai clique will have no issue with earning hefty profits by managing China's export of medical equipments & health care products which can be supplied worldwide mainly by China. People in the west will bent the knees for the clique's support. ☞ Regarding Jiang Zemin's son and medical science industry in China [LINK] ⑥ The outcome should weaken Xi & his Princelings' political power considerably in favour of Shanghai clique & Team-Z. This will let Jiang's Shanghai clique (A) reclaim some of political status & business interest controls they have lost to Xi & his Princelings. • And once this point number ⑥, with the point number ② , is realized, it would be much easier for the clique to (B) recover their huge assets hidden overseas that the current US admin or Xi & his Princelings have frozen. ⑦ Combining good old bribery with sex, the outcome should support China to re-secure control over the US governors. Once the plan is executed successfully, those governors would desperately need solutions to local economic problems and unemployment. ⑧ Lastly, implementing an e-ID system in the US similar to Beijing's Alipay and WeChat could be the cherry on top of the operation's entire outcomes. Who's supporting such a system worldwide? None other than Microsoft and Rockefeller Foundation. ಠ_ಠ -------- OLD COMRADE BECOMES A NEW RECRUIT ☞ They were afraid more talents were needed. The main target was the world’s largest economy with the most powerful military capability, after all. They ended up asking Mr. Fridman to see Lord Putin about that. The old Vova was going through a lot nowadays, people said. It could be because his nation's energy business to Europeseems to be hitting wall after wall. He is said to have enough on his plate with no end in sight, so maybe he'll join. ★ Monday, Jan 15, 2018 ★ "(pours a drink for himself) I know, but. ... What would happen if Bashar falls? How long you think you can keep it up? .... Erdogan is many things (sniggers) but he's nevergentle. (sips his drink slowly) WhenBenji'sEastMed Pipeline starts to actively compete, then what? They got the Chinamoneynow. ....Vagitand his buddies will be very unhappy. You know that. Not great, Vova." "...." "Ah, you mean what are we going to do? Hm? Hm. I'll tell you what we're going to do. This time, we're going to bankrupt the US shale gas sector. Then, of course, we can maybe convince Benji to take their time with the pipeline. Perhaps for good. (sips his drink slowly) Don't worry, Vova, It'll work. You worry too much. We'll come out the other side stronger." "So, how long until they set it off? "Hahaa, yes. They'll soon put all things in place. While marching in place, they'll play the tune a couple of months before the next sochelnik." "Nearly 20 months to brace things here, then?" "(nod slowly in happiness) Hm. Оторви́сь там, оттопы́рься, Vova" -------- USEFUL IDIOTS ☞ When the directive came, these idiots answered claiming they would be gladly "on it." All in the name of rejuvenating China's economy without grasping the real objective prevailing throughout the entire operation. Thing is, they would never realize what they are to Team-Z & their Asian overlord until it’s too late. Who are they? It's A and B, not A or B: (A) the American corporations that are too big to fail and have suffered a considerable loss because of the US-China trade war. Among those corporations, (B) the ones that have been structured with massive interest-profit relationships in/with China. "We need China in order for the US as a nation to continue being prosper," they've been shouting. No surprise there, because they've enjoyed the strides of extraordinary profits over the years while the US middle class has continued to shrink. But, in 2019 when China's stock markets nosedived for the first time since 2015 and China's authorities in financial stability & resiliency fumbled their response; it wiped that smile off their face. Still, they'll keep behaving not to offend their Asian overlord, nonetheless. -------- PERFECT PLAN ☞ Many crucial components had to come into play all at once in order to cause World War I. If one of the components were missing or different, it is unlikely that the World War I as we know of could be produced. ① The US in 2019: Overbought bubbles + Over borrowed corporations ② The US in 2020: It's an Election Year. ③ Russia has been dumping US Treasuries for the past few years. ④ Russia has been hoarding golds as if they were recreating Inca Empire. ⑤ China in 2019: Immense & long term financial troubles has started to surface. ⑥ China in 2020: The phase-one deal has been signed; leaving most of tariffs on China intact and adding another $200 Billion burden for China. ⑦ Team-Z sets up a situation in the US where some event(s) would freeze the US supply chains & demand for the next three to ten months. • Just like the 9/11, the event will be initiated at the clique's own region. However, unlike in China, the US will report multiple epicentres simultaneously. • And the CDC and the US medical task force will carry on with a number of sabotage acts, to secure enough time for the infected yet untested in those US epicentres to spread plenty.    • Here's a feasible timeline of the operation. ⑧ Then, the BOOM: Team-Z (a) manipulates the markets to make sure MM will have liquidity concerns (b) when they need it most. The (c) bottomed out oil price will be an enforcement, which will also wreck the US energy sector as a kicker. The (d) WHO will also join as a disinformation campaign office. • Then a couple of big name investment managers will lead a movement that (will try to) bring back foreign money back to China.   • Meanwhile, in US, the disinformation campaign will continue to be pushed until the second wave of attack arrives. -------- MEASURABLE SHORT-TERM OUTCOME ☞ We're now going through World War III. The global structure laid down by World War II had been shaken by globalization and the rise of China. This pandemic event will shock the structure further. Human history will be divided into Before 2021 and After 2021. ① Outcome pt. 1: Immediate Aftermath [pt.1] [pt.2] ② Outcome pt. 2: The US economy goes deep dive along with world economy, and the only thing Team-Z has to do is to exploit the aftermath which has been thoroughly calculated and eagerly anticipated. — Favoured assessment: There won't be a V curve ever, unless drastic measures taken within the timeframe of four months. Unprecedented market crash, the rapid unemployment acceleration because of the supply-chain shut down, and the near-death security which in turn forces consumer confidence to plummet. We're looking at a super long L shape curve unless the US prepares fast for the second wave of their asymmetric warfare. ③ Outcome pt. 3: Arguably the most important outcome. — Because of the unprecedented shutdown of international trade, the nations heavily rely on exporting natural resources will face the extreme financial threats. What if some of those are emerging markets AND massively in debt to China? What do you think China would do to said nations while the aftermath is hitting the globe hard? [PDF] Something comparable to Latin American Debt Crisis will happen. ④ Outcome pt. 4: Not that significant compared to the others but still notable outcome. — The world will need Shanghai clique's help to get medical products and equipments. -------- WHAT'S NEXT? ☞ Several analysts have discussed off the record that next it'd be a proxy warfare not using armed conflicts but with spreading a galaxy of counterfeit-currency across every possible channels. Coincidently, on Dec 13, 2017, Business Insider reported in an article "A $100 counterfeit 'supernote' found in South Korea could have been made in North Korea" that:
"It was the first of a new kind of supernote ever found in the world," Lee Ho-Joong, head of KEB Hana Bank's anti-counterfeit centre told Agence France-Presse.
Reporting the same news, The Telegraph published an article on Dec 11, 2017:
"It seems that whoever printed these supernotes has the facilities and high level of technology matching that of a government", said Lee Ho-jung, a bank spokesman from KEB Hana Bank in South Korea. "They are made with special ink that changes colour depending on the angle, patterned paper and Intaglio printing that gives texture to the surface of a note".
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