1. "Brexit Aftershocks Shake U.K. Real Estate, Pound - The Wall Street Journal 05 July 2016
LONDON—Two big British asset managers blocked worried investors from pulling money out of real-estate funds, and the pound sank to a new 31-year low Tuesday, twin signs that the U.K.’s vote to leave the EU was injecting new turbulence into financial markets after days of relative calm.
At the same time, the Bank of England eased regulatory restraints on British banks, a bid to allow them to lend more and keep the economy flush with credit."
I love these investment bankers or brokers or gurus however you want to call them. In the good time, they say: 'put your money with us and we will make tons of money, and by the way, you surely don't mind we taking a % or two for our 'superb advices' right?'
In the bad time, they say: 'sorry you cannot take your money even though it is your money as we will not have a Gravy Train to take when the fund collapses as TOO MANY of you want your money back!'
You can see WHY the 'rich' to be IN while the 52%, most of them anyway, who voted OUT are 'not rich' or downright 'poor'! They don't get the benefits! The 'rich' become richer because ALL the RICH folks from around the world like China, Russia and India (many are probably corrupt/dirty money), Middle Easter countries (from the petrol money), etc. were buying properties in UK, especially London and pushing the prices BEYOND the ordinary British people, including the mass market properties as prices rise with the tide!!
Unsustainable development is simple an illusion. A bubble destined to burst. Yet, the rich, the Central Bank and the banks/lenders fuel this bubble knowing it will burst. Yet, when it is gong to burst, the Central Bank and the government tries to SUPPORT and prevent it from bursting. They then want to 'lead to a soft landing' instead of a burst! How convenient! How ironical! Head the Rich win, Tail the Rich win less!! Go figure!!
2. "Singaporeans should remain vigilant even during Hari Raya celebrations: Maliki Osman - CNA 06 July 2016
SINGAPORE: Several acts of terror have taken place globally in the month of Ramadan, many over the past week.
Most recently, a deadly suicide bombing near Islam's second-holiest site in the Saudi city of Medina sparked condemnation across the Muslim world. Four people were killed in the explosion near the Prophet's Mosque.
Senior Minister of State for Defence Dr Maliki Osman on Wednesday (Jul 6) urged Singaporeans to remain vigilant, and not allow the events to dampen the festive spirit, even as they join Singapore's Malay-Muslim community in Hari Raya celebrations.
“We shouldn't let our guard down, yet at the same time, we shouldn't allow this to dampen our spirits. We want to make sure all Singaporeans understand the significance of what had happened. What happened in Medina is really very unfortunate. It is a holy city and the fact that a terrorist would even have the heart to do something in a holy city is something we should condemn.""
Every person of significance and authority in Singapore has warned that we must be vigilant and be prepared for a possible terrorist attack here.
Many use the word: 'should'. We should be this and that. We should do this and that.
For me, we must demonstrate that we are ready for such a possibility with plan of actions like:
1. at the vulnerable public places that many be targets of terrorist attacks - at least 30% of the employees and 100% of the management MUST know what to do and how to minimise casualties and damage control on 1st impact;
2. at the community level, leverage on the grass root organisation structure the government (not just the PAP but also the opposition parties) has set up and train and test the 'leaders' to truly know what to do and how to minimise casualties and damage control on 1st impact. The SAME 'what to do and how to minimise casualties and damage control on 1st impact' - a national standard if you like, applies;
3. at the INDIVIDUAL level, be able to know how to act out the national standard of: 'what to do and how to minimise casualties and damage control on 1st impact' AND 'how to get out ALIVE!' This one will be a powerful motivator for Individual to learn and practice till perfection as his/her life is at risk!
4. the 'response forces' - be it the police, the army, the SCDF, the medical emergency agencies, the RELIGIOUS bodies, the media, etc. will have even MORE SPECIFIC 'how to respond expertly, expeditiously and effectively' national standard to learn, practice and put into action, hopefully, 'perfectly'. One thing for sure is: we CANNOT have the type of responses we seen during the 1st serious riots in Little India a few years ago!!
It would be good if the authorities get the 'should' to 'we know what to do and we have tested and KNOW we can do what we know we need to do' in any terrorist attacks!
Asset managers block withdrawals, pound sinks to new 31-year low
At the same time, the Bank of England eased regulatory restraints on British banks, a bid to allow them to lend more and keep the economy flush with credit."
I love these investment bankers or brokers or gurus however you want to call them. In the good time, they say: 'put your money with us and we will make tons of money, and by the way, you surely don't mind we taking a % or two for our 'superb advices' right?'
In the bad time, they say: 'sorry you cannot take your money even though it is your money as we will not have a Gravy Train to take when the fund collapses as TOO MANY of you want your money back!'
You can see WHY the 'rich' to be IN while the 52%, most of them anyway, who voted OUT are 'not rich' or downright 'poor'! They don't get the benefits! The 'rich' become richer because ALL the RICH folks from around the world like China, Russia and India (many are probably corrupt/dirty money), Middle Easter countries (from the petrol money), etc. were buying properties in UK, especially London and pushing the prices BEYOND the ordinary British people, including the mass market properties as prices rise with the tide!!
Unsustainable development is simple an illusion. A bubble destined to burst. Yet, the rich, the Central Bank and the banks/lenders fuel this bubble knowing it will burst. Yet, when it is gong to burst, the Central Bank and the government tries to SUPPORT and prevent it from bursting. They then want to 'lead to a soft landing' instead of a burst! How convenient! How ironical! Head the Rich win, Tail the Rich win less!! Go figure!!
2. "Singaporeans should remain vigilant even during Hari Raya celebrations: Maliki Osman - CNA 06 July 2016
SINGAPORE: Several acts of terror have taken place globally in the month of Ramadan, many over the past week.
Most recently, a deadly suicide bombing near Islam's second-holiest site in the Saudi city of Medina sparked condemnation across the Muslim world. Four people were killed in the explosion near the Prophet's Mosque.
Senior Minister of State for Defence Dr Maliki Osman on Wednesday (Jul 6) urged Singaporeans to remain vigilant, and not allow the events to dampen the festive spirit, even as they join Singapore's Malay-Muslim community in Hari Raya celebrations.
“We shouldn't let our guard down, yet at the same time, we shouldn't allow this to dampen our spirits. We want to make sure all Singaporeans understand the significance of what had happened. What happened in Medina is really very unfortunate. It is a holy city and the fact that a terrorist would even have the heart to do something in a holy city is something we should condemn.""
Every person of significance and authority in Singapore has warned that we must be vigilant and be prepared for a possible terrorist attack here.
Many use the word: 'should'. We should be this and that. We should do this and that.
For me, we must demonstrate that we are ready for such a possibility with plan of actions like:
1. at the vulnerable public places that many be targets of terrorist attacks - at least 30% of the employees and 100% of the management MUST know what to do and how to minimise casualties and damage control on 1st impact;
2. at the community level, leverage on the grass root organisation structure the government (not just the PAP but also the opposition parties) has set up and train and test the 'leaders' to truly know what to do and how to minimise casualties and damage control on 1st impact. The SAME 'what to do and how to minimise casualties and damage control on 1st impact' - a national standard if you like, applies;
3. at the INDIVIDUAL level, be able to know how to act out the national standard of: 'what to do and how to minimise casualties and damage control on 1st impact' AND 'how to get out ALIVE!' This one will be a powerful motivator for Individual to learn and practice till perfection as his/her life is at risk!
4. the 'response forces' - be it the police, the army, the SCDF, the medical emergency agencies, the RELIGIOUS bodies, the media, etc. will have even MORE SPECIFIC 'how to respond expertly, expeditiously and effectively' national standard to learn, practice and put into action, hopefully, 'perfectly'. One thing for sure is: we CANNOT have the type of responses we seen during the 1st serious riots in Little India a few years ago!!
It would be good if the authorities get the 'should' to 'we know what to do and we have tested and KNOW we can do what we know we need to do' in any terrorist attacks!
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