Global US-Dollar Shortage - Are We Already in a Recession?

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

Binance US Halts All USD Withdrawals​

https://www.reuters.com/article/fin...halts-direct-dollar-withdrawals-idUSL4N3BN371

 

[k1976]

That is why many realise..strong 50yr good result delivery is Jin important....and many $$$$ flow into SG and mop up any real assets on table...so u get what we see now

 

[MaximiLian]

seeing so many falling knives on my stock charts iz depressing

 

[k1976]

seeing so many falling knives on my stock charts iz depressing

Well , my CPF investments stock kena either decimated or suspended...only left 20% of original value

 

[k1976]

International Monetary Fund recommendations back in 2015


https://www.imf.org › pubsPDF
The Leap of the Tiger: How Malaysia Can Escape the Middle-Income Trap

 

[Dr Christopher Cheok C S]

Well , my CPF investments stock kena either decimated or suspended...only left 20% of original value

same here. lost 2/3

 

[Dr Christopher Cheok C S]

China panic sold US treasuries to defend yuan
14-years low now

China SSE is also below 3000, lowest since recovery from covid.

 

[Dr Christopher Cheok C S]

 

[k1976]

So much outflow to where hah?
Paradise Island?

 

[Dr Christopher Cheok C S]

So much outflow to where hah?
Paradise Island?

It's harder to remit proceeds from property sales from China and Malaysia.
6-mths is considered fast.

 

[Dr Christopher Cheok C S]

About 70% default

 

[Dr Christopher Cheok C S]

Based on this chart, FED will need to at least hike two more times, before "peaking"

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

China set to issue 1 trillion yuan (US$137 billion) extra sovereign debts to bail out economy.
https://www.reuters.com/markets/asi...ra-sovereign-debt-tuesday-sources-2023-10-23/

The People’s Bank of China’s massive cash injection of 733 billion yuan, an unprecedented record high

 

[Dr Christopher Cheok C S]

borrow money don't pay back, is the easiest way to make money

Country Garden default on dollar bond declared for first time -Bloomberg News​

Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Country Garden's failure to pay interest on the note within a grace period that ended last week "constitutes an event of default", Bloomberg reported citing the notice to holders from a trustee.

https://www.channelnewsasia.com/bus...nd-declared-first-time-bloomberg-news-3871466

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

Turkey capital flight

https://www.bloomberg.com/news/arti...-most-in-world-amid-jitters-over-israel-rates

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

https://www.bbc.com/news/business-67233075