slowly but surely everything changes...
This is the last month [december] of the year ~ day by day and finally the last month shall pass too
Frankly, nothing changes except the new calendar, 2025, appears as life goes on
The IMPOSSIBLES were made possible
Like many, the year started with hopes and aspirations, checked and disrupted by many uncertain and unexpected events; the genocidal actions of Israel bombardment of Hamas & Palestinians, the testing of us$100,000 by Bitcoin, the use of western powers' missiles by Ukraine to hit Russia and prompting President Putin to threaten the use of nukes against the provocateurs, the pumping of fresh monies into the 5-years Bear market in China hence allowing some semblance of stability and recovery of the PRChinese economy, the 6-hour of South Korean martial law, the pardoning of Biden's son by the outgoing President Biden himself ... Aboveall, the landslide win by Trump of the US presidential election against all odds
Pressures keep building & an implosion is not to be totally discounted
Nearer home, the stepping down of LHL as PM to become SM and the ascension of LW as PM, the ever increasing costs of living yet being cosmetically offsetted by rebates and vouchers, the political asylum for LHY, the blurring of lines of the ruling party with institutions and organs of the State, the liberal widening of import of foreigners, the widening Gini Coefficient gap ... As of June 2023, the population of Singapore stands at 5.92 million. Of these 5.92 million people, 4.15 million are residents, consisting of 3.61 million citizens and 540,000 permanent residents (PRs)
The exuberance of Capital Markets
As at today [10th Dec]:
S&P500 6052.85 DJIA 44,401.93 Nasdaq 19,736.69
STIC 3813.55 Gold 2703.80 Crude 68.40
Nikkei 39,367.58 HSIA 20,311.28 FTSE Bursa 1,608.97
Trump's election victory has created as much uncertainty going forward as there are direct positive correlation in WallStreet, but for how long [more].
I bet against excesses; the markets cannot live on promises alone; traders beware and be forewarned. The smart money is seeking safer heavens with lower and more earthly valuations
Expecting the unexpected will lessen the impact of 'shocking changes' in 2025
The probability of large scale wars breaking out
There is increasing concerns that aerial proxy wars may snowballed into one big war[WW3]; this is quite likely as skirmishes and accidental wars are gameplays for politicians but when nukes fly, nobody will be spared
US is happy that Europe is entwined with Ukraine over its war with Russia ~ an uncertain Europe is one aspiring#world#leader#competitor less
Against US plots & hopes, China is unlikely go to war with Taiwan. Any accidental war is more likely a "N Korea vs S Korea/Japan" but emotions amongst Asian nations will sway toward backing China than Japan because the atrocities/ghosts of WW2 is still raw [memories] with many
Israel vs Palestine & the surrounding areas is not unlike daily bread; it's been brewing for years
More importantly, NO nuke-armed nations will surrender to another ~ it's MAD ~ Mutual Assured Destruction
Nukes in a sane man is peace but nukes with a mad man is simply M.A.D
Maybe, destiny has it that the global population has to be reduced and decimated as Man's ego, greed, vanity and his One#UpManship drive him into his dismal choice; Man will never learn a/any lesson
The future is not that bleak but it could have been better. We should welcome the Century of Asian Growth whereupon more than half the global population stay.
I have strong positive vibes that after the uncertain phase, peace and prosperity shalt prevail & Asia will be the Centre of Global Economic Leadership & Growths
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