tag:blogger.com,1999:blog-6297413898275266606.post799722055601264249..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: BNM Watch: OPR Raised To 3.25%, Market Yawnshishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-6297413898275266606.post-18739877566056608942014-07-25T17:07:59.576+08:002014-07-25T17:07:59.576+08:00"lunatic robot".....well, it is claimed ..."lunatic robot".....well, it is claimed that a chimpanzee, if it bangs away at a computer keyboard long enough, is likely to come up with the collected works of Shakespeare!<br /><br />But I digress.<br /><br />What do you make of MAS managing director Ravi Menon's statement that the Singapore economy is on track to grow 2-4 per cent this year, with " headline inflation" Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67941735253511635352014-07-23T13:53:57.103+08:002014-07-23T13:53:57.103+08:00Sorry : "lunatic robot" in above.
Warri...Sorry : "lunatic robot" in above.<br /><br />Warrior 231Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-15447736540543508222014-07-23T13:51:49.254+08:002014-07-23T13:51:49.254+08:00Part 2
The problem with the capitalist economic f...Part 2<br /><br />The problem with the capitalist economic framework are manifold. But two stand out. Firstly, there is this predilection to repeat past mistakes. I attribute that to either the "expired factor" wherein all the major actors of the bygone era are dead or the "amnesia factor" wherein the major actors conveniently ignore historical antecedents simply because the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-12439569183415267612014-07-22T16:17:04.058+08:002014-07-22T16:17:04.058+08:00I suppose one wouldn't count Marcos and Suhart...I suppose one wouldn't count Marcos and Suharto among that elite coterie?<br /><br />Pinochet? Maybe, if you can overlook the egregious violation of human rights during his regime.<br /><br />Anyway, "human rights" is a nebulous concept to most economists because it can't be quantified or explained by economics logic.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-11370251672467894872014-07-16T12:57:26.632+08:002014-07-16T12:57:26.632+08:00But once they are there, they will always want to ...But once they are there, they will always want to preserve themselves.<br /><br />The rent seekers all over the world same same, who in the world want to give up!?! They will only do so when forced either by legislation or the "sword".<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-36679838918248342802014-07-16T12:52:49.587+08:002014-07-16T12:52:49.587+08:00Warrior,
The danger with quasi-dictatorship is th...Warrior,<br /><br />The danger with quasi-dictatorship is the quality of the dictator. Marcos made a mess in Philippine.<br /><br />But indeed a good dictator will raise the country much.<br /><br />There are always pros & cons for every systems. It will be up to the will of the community / citizens to decide and hopefully choose the appropriate one.<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-35983115354306762732014-07-15T18:51:10.719+08:002014-07-15T18:51:10.719+08:00Warrior 231,
You have a blog yourself??
Interest...Warrior 231,<br /><br />You have a blog yourself??<br /><br />Interesting read about China GDP numbers. Just got back from China myself and I would believe the service sector is growing at a much higher rate than Wu's 1%. The domestic tourism is enormous.<br /><br />Just my 2 sens worth.<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-60118692308022838612014-07-15T14:28:18.156+08:002014-07-15T14:28:18.156+08:00Part 3
Beijing's habit of setting exhortatory...Part 3<br /><br />Beijing's habit of setting exhortatory GDP targets each year has long prompted concerns about manipulation.<br /><br /> Analysts now construct quirky indices to capture "tangible" data less susceptible to human meddling.<br />Stephen Green, the head of Greater China research at Standard Chartered Bank, has referenced cement and steel production, electricity usage, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-27315118594203392552014-07-15T14:27:28.301+08:002014-07-15T14:27:28.301+08:00Part 2
Underlining the challenge involved in stud...Part 2<br /><br />Underlining the challenge involved in studying economic growth, Chinese GDP data from the Conference Board's own in-house estimates shows a third set of results. Like Wu, the Conference Board uses purchasing power parity to compare economies, but under their scenario and based on last year's numbers, China's economy is 17.8 per cent smaller than the rebased NBS Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70209621817913215942014-07-15T14:22:50.257+08:002014-07-15T14:22:50.257+08:00Not wishing to distract attention from the main po...Not wishing to distract attention from the main post whatsoever, thought that readers might find this intriguing. Mmmmm...as with the Singapig overyped highskilled manufacturing claim....could this one be indicative of a fraudulent mindset, something genetically coded in an ethnic or culturally encoded via Confucian superiority complexed norms......mmmm..interesting food for thought in Ramadan:<Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-16544206123848356532014-07-15T13:55:25.848+08:002014-07-15T13:55:25.848+08:00Part 2
I also perceive this BNM move as a first s...Part 2<br /><br />I also perceive this BNM move as a first strike against the expected rush for credit to be seen from mid Q3 onwards as “inflation anticipation” regarding GST kicks in and the chattering classes rush to hasten their purchases of big tickets items before April 2015. Economic policy analysts have long understood this phenomenon the globe over so I will not elaborate further.<br /><Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-18733026963830526312014-07-15T10:49:17.359+08:002014-07-15T10:49:17.359+08:00Oh oh oh....And does that change the long term tre...Oh oh oh....And does that change the long term trend of the SGD-MYR exchange rate?The Slughttps://www.blogger.com/profile/00409001851961756546noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-24262278750938372382014-07-15T10:42:52.604+08:002014-07-15T10:42:52.604+08:00Ok, I admit there is a little bit of self-interest...Ok, I admit there is a little bit of self-interest here... What does this do for property owners? You said last time the rise to 3.25% doesn't make much of a difference because banks tend to keep their long term rates steady? What about 4%?The Slughttps://www.blogger.com/profile/00409001851961756546noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-17472086727679587432014-07-14T21:06:11.533+08:002014-07-14T21:06:11.533+08:00I think alot of household will struggle if it goes...I think alot of household will struggle if it goes to 5%. don't think BNM or BN will allow this, unless they are forced to. forced as in USA's interest rate rise to 3-4%... which is almost unlikely. who knows, maybe it will rise to 6%Nganhttp://www.geckoandfly.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-86558197885510113232014-07-14T19:25:22.416+08:002014-07-14T19:25:22.416+08:00Why not 5%?
Zuo DeWhy not 5%?<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-86533554981964237722014-07-14T10:27:56.687+08:002014-07-14T10:27:56.687+08:00It kinda gives me a feeling that they are preparin...It kinda gives me a feeling that they are preparing for the possible repercussion when the US QE ends and not to mention the FED raising interest rates.Anonymoushttps://www.blogger.com/profile/10974788338269223334noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-33670050977803523892014-07-11T16:34:13.103+08:002014-07-11T16:34:13.103+08:00Always strike when the rod is hot and it is always...Always strike when the rod is hot and it is always better to prevent than to cure. Prevent as in preventing a bigger bubble and cure is to save the economy due to the burst of the bubble.<br /><br />I say 4%. Most definitely not 5%.Nganhttp://www.geckoandfly.comnoreply@blogger.com