How Tze 浩知

There is a paradigm shift. The world is moving. Bitcoin could be that digital gold. July, 2019 - 18,000 jobs set to be cut as Deutsche Bank embarks on mass retrenchment exercise . Aug, 2019 - # HSBC Ousts CEO Flint, Plans 4,000 Job Cuts in Focus on Cost Targets . Aug, 2019 - #Mastercard Hints at Future Crypto Wallet Product With New Job Listings: * Director, Product Management - Crypto Currency/ Wallets * Director, Product Development & Innovation - Blockchain Solutions Architect * VP, Product Management - Blockchain / Crypto A long development process full of trials, tribulations, ignorance and triumphs over skeptics and critics alike. As per the individual research of a former Deutsche Bank executive, Bitcoin's real-time price movements serve as clear indicators of hidden geopolitical tensions spread all across the globe. Many analysts seem to believe that the USA's ongoing trade war with China is causing BTCs price to fluctuate on a ne...

“What is happening in Cyprus is disgraceful. The principle that there is no division between your private property and communal property which may be appropriated by the government whenever it sees fit is an outrageous one in any system other than Communism. The idea that a government which has chronically misspent may order the banks to close and deduct a sum of its choosing from a person's balance before allowing it to re-open is beyond parody.”- Thomas Pascoe, Telegraph CONFISCATION: Panicked Europeans Rush ATMs as Leaders Move To Seize Funds Directly From Bank Account Holders ... http://www.wealthwire.com/news/global/4662?r=1 Democracy is a fiction when no matter who you vote for, the banks and bondholders win control of the national income stream and private wealth...http://goldsilver.com/news/the-deeper-meanings-of-cyprus-charles-hugh-smith/

现在的货幣体系是「钱＝债」。所有的钱都来自债务，因为钱越多债越多，还完债国家就没钱，要更多钱就需要欠更多债。现在的金融体系可以运用部分准备金製凭空造钱，规模往往是本金的十倍二十倍，所以问题在於部分准备金製，以推动经济为名儘量放贷。实际上这些贷款大多不用於生產，而是消费，除通货膨胀和提高国家整体债务外，根本对经济发展没有好处。 人性对萧条的恐惧、短视和对经济规律的无知，妄图用发行欧元债券，组成银行、財政和政治联盟，製造更多通膨泡沫来掩盖上一个泡沫，未来世界必定会为这愚蠢行为付出更大的代价。 Who Rules The World? If you have a mortgage, a car loan or a credit card, then there is a very good chance that Libor has affected your personal finances. Libor has been a factor in the pricing of hundreds of trillions of dollars of loans, securities and assets. The following is from a recent article by Maureen Farrell...."These traders influenced the pricing of the London Interbank Offered Rate or Libor, a benchmark that dictates the pricing of up to $800 trillion of securities (yes trillion)" ...http://www.wealthwire.com/news/finance/3466?r=1 When people lose confidence in their currency - whether there's money printing, high velocity or not - it tends to lose its value in a hurry. So...to go further down the rabbit ho...

Two corporate earnings news worth noting, one in fashion retail and another banking industry. Other than Bonia, another local company in the fashion retail industry that make it to top spots: Padini’s net profit to grow at 9.4% three-year CAGR , 7 November 2011 For the financial year ended June 30, 2011, Padini posted a higher net profit of RM75.3 million against RM60.97 million in the previous year. http://www.thesundaily.my/news/201332 New stores to drive Padini’s earnings , 25 January 2012 Padini plans to open five stores next year comprising three concept outlets and two Brands outlets. The concept stores will be in Setia City Mall in Shah Alam, Paradigm in Kelana Jaya, and Jusco in Ipoh. The Setia City Mall and Paradigm will also have Brands stores. Currently, Padini has a total of 235 outlets. Chan said the company expects to spend RM15 million for the new stores, including the installation of IT systems. In the first quarter ended Sept 30, 2011, Padini's n...

Building A Strong Foundation: As at 2011, it seems the bank is on track as planned.

Finally, appeared in the news. PETALING JAYA (July 10, 2011): Bank Negara Malaysia's (BNM) decision to leave the key interest rate unchanged last week betrayed policymakers' concern about growth risk, which appeared to have trumped worries about inflation. Never mind that savers will continue to see negative real returns from their deposits. http://www.thesundaily.my/news/74500 Received an email with subject: "How to Beat Bernanke's War on Savers" on 10th July, and the news appeared in newspaper on 11th July. Call it co-incidence? Some interesting points in the email from my advisor: There is no other way to put this because it is true: Ben Bernanke hates savers. With his zero interest rate policy (ZIRP), he has virtually declared war on each and every one of them. In his efforts to push asset prices higher, Ben believes savers should actually be pushed from the nest into the world of stocks. After all, in Ben’s world, the safety of money in the ba...

当我讲国际金融炒家很可怕，这个话没人信的，你知道为什么没人信吗？无知者无畏，大家根本不晓得这有多可怕。 在150年前，帝国主义是以东印度公司为前导，炮舰为后盾的。今天的帝国主义是以国际化为前导，金融为后盾的，但是帝国主义的本质是不会变的。 日本的教训 1985 年 9 月 22 日，美、日、英、德、法五国财政部长和央行行长在美国纽约的广场饭店举行会议。会后五国发表联合声明，即所谓“广场协议”。 按照“广场协议”的相关条款，五国将联手实现主要货币对美元的有序升值，以矫正美元估值过高的局面。 按照当时的普遍认识 ，发表“广场协议”主要是为了减缓日本对外收支盈余的急剧上升。1982、1983和1984年，日本的贸易盈余已经迅速从69亿美元猛增到205.3亿美元，之后又飙升至336.1亿美元，这其中绝大部分来自美国。 在“广场协议”发表几小时后，美元开始了疯狂的贬值进程，进而持续两年未见止跌迹象，其中美元兑日元更是贬值达50%。日本经济从此一蹶不振，“广场协议”成为日本经济由盛而衰的转折点。 你知道日本经过那次打击后，经过多少年的萧条吗？20年后的今天日本还未能走出萧条。 这个协议本身就是一场阴谋。 因为当时这个协议要求日元升值，而日本政府一旦签字确认后，就等于送了一个非常清楚的信号给国际金融炒家，那就是日元要升值了，就这么简单。所以大量的国际热钱涌入日本，炒日元，越炒日元就越升值。 国际金融炒家炒汇率，然后美国政府通过财政部施加政策压力，压迫日本降利率，放宽信贷。 这么多热钱流入市场的结果就是炒什么什么就变成泡沫，炒楼，楼市泡沫；炒股，股市泡沫；买产品，通货膨胀。 在国际金融炒家和美国政府的合谋之下，日本发生了什么？第一，汇率上升；第二，股市泡沫；第三，楼市泡沫；第四，通货膨胀。 高负债的结果，就是使得这个企业的财务风险过大，轻轻用针一刺就破。结果被美国用针一刺，虚假繁荣就爆破了，从而使得日本经济到现在都难以恢复元气，永远成为美国的附庸国。 In many ways, history is only repeating itself. Note: Japan currently (2011) has more debt per GDP than any other country at 225%. 日本之后，到...

It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions. ~ Ben Bernanke, March 2007 Funny Cartoon Animation: What is Quantitative Easing (print more money) and why Ben Bernanke referred to as the Bernank ... http://www.youtube.com/watch?v=PTUY16CkS-k When senior figures in banking refer to their pay as "compensation", you wonder exactly what they are being compensated for. Perhaps it's the stress of having to suppress knowledge of the other issue kept under the carpet:how the economy, dancing to the tune of finance capital,is gambling, badly,with the stuff of life ... 70 months and counting ... Reckless practices in the banking and oil industries are tying us together in what Ban Ki-moon calls a 'global suicide pact' http://www.guardian.co.uk/commentisfree/cif-green/2011/feb/01/70-months-counting-climate-change How much is enough? Do not exp...

@18/2/2011, MYR Gold 1gram Sell - 138.74, Buy - 133.39 GML Gold Coin 1 oz - 3,955 1/2 oz - 1,970 1/4 oz - 980 1/10 oz - 388 1/20 oz - 189 Minimum initial purchase - 20g Min subsequent purchase and sell - 5g and thereafter in multiple of 1g Min gold balance to be maintained in GIA - 2g Min qty of physical gold withdrawal - 50g in form of gold bars in denomination of 50g & 100g Subject to a max waiting period of 30 business day. Related: Why Silver will Always Beat Gold Public Bank Posts RM3.05b Net Profit for FY10

1。全球基本储备货币美元的利率现在是零，美国正采用量化宽松货币政策，需要多少钞票就可以印多少。 在此背景下，可以看到三个价格问题：一是资金的价格变为零；二是劳动力价格偏低，因为有新兴国家的廉价劳动力；三是房地产价格畸高。三者相互影响，变成通胀问题。 2。金融体系的资产要大于全球GDP的5倍，这还不包括金融衍生产品。金融业作为实体经济的衍生品，已经反客为主。 相关: Corporatetocracy 3。现在，负债国要求盈余国货币升值，会给后者造成多大损失呢？如果升值10%，盈余国的亏损约为7900亿美元，等于GDP5%的亏损。 全球经济失衡的政治根源就是谁来埋单的问题。 相关: 美元的结局：有控制的归零 （美元崩溃决不意味着美国崩溃） http://finance.ifeng.com/news/special/cxcmzk/20101220/3081425.shtml

2 interesting info related to banking industry: Public Bank 4Q net profit up 24.7%, declares 33c dividend For the year ended Dec 31, 2010, Public Bank’s net profit rose 21% to RM3.05 billion from RM2.52 billion, on the back of revenue RM11.04 billion...the bank’s improved financial performance in 2010 was mainly driven by the strong growth in net interest and finance income and higher non-interest income, coupled with lower loan impairment allowances. The American Dream By The Provocateur Network

2011年买的第一本书。There is more (to something) than meets the eye. 学者的工作是为公众指出并尽可能清楚地预见可以被选择的替代性政策的主要影响。 书名有点少林足球“点解我老豆唔系李嘉诚，点解我甘靓仔要落头发..."的感觉... ;P 对于任何一个国家来说，当财富集中到极少数人手里的时候，社会矛盾就会越来越严重。 我很怀疑 30 年前，在中国开始改革开放的时候，欧美各国就已经定好了一个战略，那就是 透过金融资本、产业资本控制原材料和销售的定价权 （ http://howtze.blogspot.com/2009/09/blog-post_07.html ）， 然后把制造放在中国，破坏我们的环境，浪费我们的资源，剥削我们的劳工。 到最后在透过这两端，把我们吸得干干净净。 因此中国越改革，中国越开放，中国越制造，欧美就越富裕。 谁搅动了亚洲经济泡沫：神秘的泡沫公式 Related: 粮食危机：人为的价格操纵 定价权 http://howtze.blogspot.com/2009/09/blog-post_07.html

Notice how the bank is being illustrated?

政府可以不断发表报告数据，用最低收入作为衡量标准，告诉大家如何成功减少了贫穷率，但实际上“穷人”不只没有减少或消失，反而越来越多，“新贫阶级”人数正继续不断扩大。如果今年政府不加强物价的调控，“新贫阶级”问题必定将会浮上台面，进而冲击下届的全国大选。 - 目前在城市工作的勞動階級，普遍上收入至少都有超千令吉，基本上不隸屬於法定「貧戶」群中，但實際上這樣的收入，在城市過得卻是捉襟見肘的生活。 - 一位工作了約20年的朋友，育有兩位尚在中學的孩子，加上供養父母，夫妻月入雖近萬令吉，但在供車供屋後，生活還是捉襟見肘。 ------------- 每天的早餐，掏出5令吉，連最基本的一碗麵和一杯飲料也不足夠。在新加坡每早掏出5元元新幣，一杯咖啡或奶茶冰，不過是8角，加上一碗2元5角的面，買多一份8角的《聯合早報》，口袋還有錢剩。 或許，你可以反駁，8角新幣換成馬幣差不多是兩令吉了。那麼，新加坡大學畢業生，踏入社會起薪是2500新幣，折換成馬幣是6000多令吉，請問閣下我們要不分日夜打拼幾年才能月入6000？笨！ ------------- 陳利良 - 高峰論壇：中產新貧的危機 http://www2.orientaldaily.com.my/fread/2g4S0MkB1Wv51pm506Xq1Mr7022038ZZ Related : Taxes,debt,inflation, and not needing a retirement plan can make you richer if you use different rules of money - The Biggest Scam Ever Where does money come from? Where does it go? Who makes it? G Edward Griffin - Creature From Jekyll Island A Second Look at the Federal Reserve

The crisis worsens, even if economists say, “The recession is over.” The problem is the US dollar, the Federal Reserve Bank, and the biggest banks like Goldman Sachs. They’re not changing. They don’t have to because they have the power — the power to control money — and as you know, money buys politics and politicians. Ultimately, a corrupt money system runs the show. It’s smarter to study the worldly philosophers and take action you believe is best for you. Understanding economists and their changing philosophies allows me to see the future, make predictions, and take action. I did these things because I studied history and saw the writing on the wall. Today, I’m seeing the benefits of studying history. ... tangible assets that go up in value as the value of the dollar drops. ... the big problem is that our governments are playing games with money, trying to pretend that we don’t have a problem. the Japanese are buying US dollars, trying their best to push the value of the yen down. I...

The National Bureau of Economic Research (NBER), a panel of academic economists based in Cambridge, Mass., says the recession lasted 18 months, from December 2007 to June of 2009. What are these guys snorting, smoking, and drinking? The Worldly Philosophers is a book about the world’s most influential economists such as Adam Smith, David Ricardo, Thomas Malthus, and John Maynard Keynes. The book tells how economists, while not rock stars or famous politicians, have tremendous impact on economies via their philosophies. The problem is that if their philosophy is wrong, it can positively and negatively affect peoples’ lives for decades. For example, Malthus, who was not really an economist but a Protestant preacher, believed strongly in frugality. So, he came up with the philosophy that economics is the allocation of scarce resources. His ideas on scarcity, the idea that there was not enough for everyone, justified imperialism, the conquest of other people and land in order to take their...

For those who underestimate the power of the banking lobby as financial "reform" weaves its way through Washington, one need only look back five years ago to see how influential banks are at pressing their agenda. Helped by the 2005 bankruptcy law, banks pushed consumers into too much credit, collected fees along the way and then went after them for defaulting. http://articles.moneycentral.msn.com/Banking/BankruptcyGuide/banks-feasting-on-bankrupt-customers.aspx

You may walk away happy with a small income tax cut, or the fact that cigarette and beer taxes have not gone up. But there is much more to the Budget than just those few ringgit you saved... * Whatever "goodies" we get, we pay it for in other ways. Those "goodies" are not free money handed out by the government. Those "goodies" are paid for with our tax money! Every Ringgit of "goodies" that we "get" is a Ringgit less for other important things, like healthcare or education, for example. * Economist, financial analysts, the mass media and the ordinary public have been fixated on the annual Budget deficit staying withing 3-5% of gross domestic product (GDP). Public discussion has focused on the Budget deficit being "manageable" or "prudent" at that level. We ignored two things. Firstly, while the deficit was steady at 3-5% of GDP, the actual level of government spending was soaring. Secondly, as total government spend...

Dropping interest rates on home loans to near zero percent rates would be one way the government could print more money and stimulate the economy, but it would damage the lives of millions of honest hard working people as taxes and inflation rose. In such a low interest rate environments, debtors would be winners, and workers and savers would be losers. It would be a sign that the government is desperate, that printing presses are running, and that our leaders will do anything to save the economy ... including destroy it. If our leaders become desperate, the fractional reserve could be raised to lets say 1 to 30. This would destroy the value of your savings, but banks could drop interest rates to 2 percent and still make money, especially if they paid savers less than 1 percent for their money. Every dollar in your pocket is debt, an IOU from your government. This is why you and I need to be smarter and use good debt wisely. If we get into lots of good debt, we'll do our part to sa...

前年，国际间闪过一阵有惊有险的粮食危机，留下了未知的一道缺粮风险。 当食物起源被主流媒体与教育体制有目的的简述为一条简单的生产线，我们无法理解的东西就太多，甚至我们都不知道该问什么问题了。比如，谁是粮食生产中的主角？----农民？他们的生活是什么样的？他们能吃得起什么粮食？当我们提出这样的问题时，才会知道，世界上大多数农民都在受苦。 当我讲国际金融炒家/全球帝国主义者很可怕，这个话很少人信的，因为无知者无畏，大家根本不晓得到底发生了什么事（在现代奴役系统下，大部分人将仅仅为了生存而穷于应付生活中琐碎的事项）。在150 年前，帝国主义是以东印度公司为前导，炮舰为后盾的。今天的帝国主义是以国际化为前导，金融为后盾的，但是帝国主义的本质是不会变的。 食品的价格上涨那么多，而全国的消费指数“只不过”上涨4%~8%，你知道这有什么问题吗？这个差距就充分说明了我们很多人的观点都是错的，而且都被忽悠了！你钱太多的话，你会一天吃多10碗饭，喝多10瓶矿泉水，炒蛋放一桶油，推高食品需求而导致食品价格上涨吗？如果通货膨胀的原因是因为钱太多的话，食品价格绝对不会高！我们过去所理解的供需关系在炒作的扭曲与私利的驱使下变得如此不堪一击... 消费物价上涨，让普通老百姓感受到了压力，同时也疑问丛生。不少人都感觉到，自己的生活正在物价的波动中悄然发生着某种变化，在大米、猪肉、蔬菜这些熟悉的东西背后，好像隐藏着一些说不清的力量。这些神秘力量是什么呢？通货膨胀？价格操纵？ 再抢非洲利益 - 游枝 http://www.chinapress.com.my/content_new.asp?dt=2010-06-18&sec=business&art=0618bs50.txt