SOS Take a Break Dec 09

Innsburg, Austria skiing resort
Innsburg, Austria

Salzburg, Austria - Sound of Music and Mozart birthplace

Black Forest, Germany

King Luwig II castle, Germany

Munich, Germany (Chrismas Market)

London Eye, UK

Taken between 9 to 25 Dec 2009

SOS Finance - took a break, see ya next year

SOS Gary Shillings

Bearish Gary Shilling is sticking by his guns:
* The US economy will only grow 2% per year over the next decade, thanks to the clobbered consumer (the growth of 3.7% from 1985 to 2000 will not return and it takes a growth of 3.3% to keep the unemployment stable)
* Excess supply will keep driving prices down
* The Fed won't implement an "exit strategy" for years
* Yes, Q3 GDP will be positive, but Q4 will go negative again and the market will collapse in disappointment. The recession won't end until the middle of next year.

SOS Economics 101

1. US private debt is about USD43 trillion. (not including unfunded social care and medicare)
2. US Government stimulate the economy by stimulus of say US1.0 trillion into the banking system, while the bank, under the fractional system lend out remaining US9.0 trillion.
3. The critical question is who will take this loan, while most household already overborrowed (300% of GDP of US)
4. Government effort is principally takeover the private sector debt, and try to stimulate the economy by themselves, which will never work as the private sector cannot further increases its loan level.
5. US will likely end up like the Japanese, when government loan grows to 200% of GDP while the economy is going no where.

SOS Conclusion 2009

Portfolio inflationist +5%
Portfolio deflationist -0.88%

Portfolio inflationist from 12 Oct to 22 Dec 2009.

MyView

Inflationist won for this period (2 months since incorporation of the portfolios). Lets continue to 2010 and we will see how.

SOS Qi Gong

One must be wondering what is sosfinance got to do with qi gong.

Actually, there is none at all. It is totally different subject, mutually exclusive.

However, there are some good principles behind both subjects. Just like any subjects, it is critical we get the right information. However, ordinary people is at the mercy of the author. Some are very convincing in their writings and views, but, it could be wrong all together.

One of the example in economics, there are the neo classical school of economics, autrian school of economics and most popular learn in US is the Chicago school of economics. However, if you follow, Steve Keen in debunking of economics and Robert Prechter of socianomics, you will find that the conventional principles we learned in most schools are wrong, reasons being, it is two dimensional, lack of correlation, have not consider the human behaviour social mood etc.

Similarly in qi gong, the first thing that comes to mind is that the practice will improve one's health. But not many are able to explain the origin of the qi gong. The mass understanding only explain 20% of what qi gong is all about.

My View

Hence, it is important we read the right stuff. Finding the write stuff will be a challenge. For qi gong practice, one will find the right answer in http://www.falundafa.org/.

For finance and economics, one may want to consider reading steve keen, robert prechter, mike shedlock, gary shillings and janet travakoli views.

SOS Why Practice?

Year end 2009 is arriving, time is precious, please spent time wisely and have a great new year.

For those who seeking a healthy body, peaceful mind and enlightened spirit, visit http://www.falundafa.org/, http://www.clearwisdom.net/, http://www.minghui.org/ (mandarin version)

SOS Beautiful Architechture

PLEASE HELP STOP the PERSECUTION of FALUN GONG PRACTITIONERS in CHINA! visit www.clearwisdom.net

SOS Year End

Year end will close with a Bang for stock exchanges.

The bull wins for 2009. The bear are trashed.

What about 2010? What is it going to be?

Well, we may not be lucky twice in a row.

SOS Countdown

10,9,8,7,6..........2,1,0

SOS Migrating

By Deputy Foreign Minister

1 December 2009

About 304,000 Malaysian left the country from March 2008 to August 2009 (for education, career and business)

About 135,000 Malaysian left the country in 2007

An increase from 369 person per day to 630 person per day.

MyView

The right question is to ask why? What did the country fall short? Or is it merely other countries comparatively more attractive? What are the main reasons normally that cause the migration?

The most common reasons:

1. Education (How does Malaysia rank in terms of education?)


2. Career (What is the earning capacity for Malaysia vs other neighbour countries)


3. Biz (Does Malaysia provide fair biz opportunity across board?)
4. Political fairness and corruption

Until we do our soul searching and improve on the above 3 main cause of brain drain, the figures will almost certain increase.