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Alexander Mercouris, 5 May I was a fan of this Alexander for his analysis of the Syrian war against Bashir. I lost his link. Suddenly, youtube give it back to me. "Einstein's E=mc² Is Invalid" Chan Rasjid Kah Chew, Singapore. http://www.emc2fails.com

All paper currencies should be trusted as much as you would trust paper. If you save in pounds, Queen Elizabeth may sanction you. If you save in Yuan, Xi may sanction you. If you save in SGD, Lee Hsien Loong may sanction you. If you save in Bitcoin - if you are that foolish - the trading...

Did I not comment in an earlier post that Putin and his advisors were not dumb! They should have had anticipated all that the west could do including economic sanctions, etc... - "Russia-Ukraine War 101". I wrote Putin had no intention to occupy Ukraine, but more to change the world order - the...

From what I understand now, digital RMB payment is done through an alternative digital payment system separate from the usual Chinese payment system. It requires a new app issued by the People's Bank Of China (PBOC), China's central bank. What this means is that they created a new digital ledger...

What is Digital Renminbi? There is no blockchain technology nor is it a cryptocurrency. If you try Wikipedia, you'll learn nothing! The article below from Nikkei Asia is the clearest so far. "Dispelling the myths and rumors about China's digital currency. Every technological evolution spawns a...

Than Y Thank you very much. Trying to understand digital RMB is just not for me. I am good enough only to understand why E=mc² is wrong. "Einstein's E=mc² Is Invalid" Chan Rasjid Kah Chew, Singapore. http://www.emc2fails.com

I think using the term "blockchain" technology will not make us understand it any better. You should be clear. Say in Singapore, what must be done to create a "Digital SGD" different from our 50 SGD bill, a concrete simple example. I believe this so-called "Digital RMB" stuff is just...

Speech of J.K. Rowling on Harvard Graduation Day: Some reasonably good words. My only surprise is she read from a script. Why? Is she still afraid of saying wrong things? "Einstein's E=mc² Is Invalid" Chan Rasjid Kah Chew, Singapore. http://www.emc2fails.com

I have been trying to get my head around the so-called "digital currency". What is it? Very cheem? AFAIK, all money is just a digital entry in a computer database. What more do we need to know. If I have 10 million RMB cash, how can I put 50% into normal RMB and 50% into digital RMB...

When the Americans landed on the moon, they were not "flung" away into outer space. The moon does not rotate on its own axis, only orbiting around the earth. So no counter-balancing forces.

Quote:“The only way out for a country like Singapore is really to ensure that our citizens' purchasing power, in global terms, is high enough to be able to afford price increases.” Economics is easier than this lah! No need get a degree in economics studying "purchasing power parity" theory...

You have set yourself a very deep problem in time and motion physics. You are "hopping" in a bus that is moving on the road and planet earth is rotating and orbiting the sun which is moving in the aether (vacuum gas) medium of space and our galaxy may be rotating wrt other galaxies... Few people...

"Years back, I had the good fortune to dine with Xi Jinping and he taught me the 7-steps secret to develop a personality beloved by God and by all in the worlds..." "Einstein's E=mc² Is Invalid" Chan Rasjid Kah Chew, Singapore. http://www.emc2fails.com

gold price Gold prices from 1980 - 2005 hovers about average 400 USD/oz; thereafter ranges between 1000 - 2000. It will simply be a long term uptrend because of global fiat money printing. It is not true "everything" is nowadays made in China. China controls markets only in cheap, mass-produced...

The Chinese, Russians, Brazilians, etc... are not dumb. They of course would not want to trade real goods and accept paper - the USD. But there is nothing much they can do under the current world economic and financial order. International trade prices usually need to be quoted in an...

Every one with some understanding of monetary theory will know that it is simple to have an international currency backed by gold. In fact ancient empires used only gold, silver and copper as currency. It is the USA which created the Fed in 1913 that started the trend in fiat (paper) currency...

If we have too many foreigners, we set a yearly maximum quota for next five years. If traffic jams are bad, we set a maximum quota limit for yearly car increase. If times are tough, we increase minimum wages across the board for Singaporeans every year for the next five years. [edit] If times...

If we have too many foreigners, we set a yearly maximum quota for next five years. If traffic jams are bad, we set a maximum quota limit for yearly car increase. If times are tough, we increase minimum wages across the board for Singaporeans every year for the next five years. "Einstein's...

"What they need to do is to set a maximum wage for EP applicants". You are indeed smart! Contrary thinking! "Einstein's E=mc² Is Invalid" Chan Rasjid Kah Chew, Singapore. http://www.emc2fails.com

I don't really know how the S&P 500 market works. I only know that the top 5-10 companies forms a large portion of its total capitalization. Also, I vaguely know there is such a thing as unlimited quantitative easing, but I don't know what it really entails. My guess is that the Fed may directly...