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drbubb

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  1. (((Trump))) is an ______ Blank = "Gruff person who understands the issues important to real Americans" "A very outspoken non-politician who challenges PC nonsense" "An Alpha Male who is challenging the establishment" "Someone brave enough to take on the Globalist elites" ???
  2. Trump is grufff, yes. But we need someone who is tough enough and courageous enough to take on the evil establishment. Bernie lacked the toughness. He let Hillary off the hook on her emails. Now Trump is about to reveal Hillary's crimes. We have never seen anything like this before. As Trump said: "Hillary has to go to jail." He is right Q: What crimes? A: You will find out next week (if you dont know already). Trump will give a major speech on this. Prepared to be shocked by what you will learn. Remember, Trump is a real man - not like Bernie - when challenged, he doubles down, rather than backing off. We need that now
  3. Structured Water - an email from Dr RAM CD = some things to add to your water papers... now have the math on how this all works 1. Square root of 3 subdivision http://graphics.stanford.edu/courses/cs468-01-winter/papers/k-sr3s-00.pdf 2. Researchers find first direct evidence of 'spin symmetry' in atoms http://phys.org/news/2014-08-evidence-symmetry-atoms.html 3. Princeton researchers have discovered that bursting bubbles can push tiny droplets of a surface material down into a base liquid as well as sending them into the air above. - The finding has important implications for science and industries that are concerned with mixing liquid solutions. From right, Howard Stone, the Donald R. Dixon '69 and Elizabeth W. Dixon Professor of Mechanical and Aerospace Engineering, and graduate student Jie Feng observe bubbles in a tank. Credit: Frank Wojciechowski for the Office of Engineering Communications. http://phys.org/news/2014-08-discovery-common.html#jCp http://phys.org/news/2014-08-discovery-common.html#nRlv 4. Researchers demonstrate ultra low-field nuclear magnetic resonance using Earth's magnetic field http://phys.org/news/2014-08-ultra-low-field-nuclear-magnetic-resonance.html 5. Molecular engineers record an electron's quantum behavior http://phys.org/news/2014-08-molecular-electron-quantum-behavior.html 6. Electronic signature of the instantaneous asymmetry in the first coordination shell of liquid water http://www.nature.com/ncomms/journal/v4/n2/full/ncomms2459.html 7. Water structure controversy laid to rest? http://www.rsc.org/chemistryworld/2013/02/water-structure-tetrahedral-controversy-xas-xafs 8. “Tetrahedrality” and the Relationship between Collective Structure and Radial Distribution Functions in Liquid Water http://pubs.acs.org/doi/abs/10.1021/jp068581n 9. Watching chemistry in motion: Chemical environments mapped using molecular vibrations http://phys.org/news/2014-08-chemistry-motion-chemical-environments-molecular.html 10. Researchers find first direct evidence of 'spin symmetry' in atoms http://phys.org/news/2014-08-evidence-symmetry-atoms.html#nRlv 11. Don Ho sings "Tiny Bubbles" - Hollywood Palace 1/21/67 https://www.youtube.com/watch?v=mlCiDEXuxxA
  4. The Rise : Agents are now congratulating their clients for investing, after the latest price rise there: Good Day Maam/Sir, I would like to inform you that your unit at The Rise Makati by Shangri-la Properties has another price increased of 8%. Congrats on your investment. Minimum value for The Rise Makati now is 4.3M. Translation: There has been another price increase at The Rise, of 8% Your unit's value should benefit. == Of course, the profit only becomes real when you sell. And Shang will have to build it. I will drop by soon, and see if the works have started again The Price of Parking Spaces seems to be jumping as well: wow parking seems really expensive. Ranging from 1.2M++ to amost 1.5M. Lerato is still sub 1M. Any thoughts on this? > SSC-#1245: http://www.skyscrapercity.com/showthread.php?t=1723515&page=63
  5. Here's what it looks like: ₱8M (negotiable) This newly-painted 12-unit apartment is currently on full occupancy, mostly with employees from Makati and Taguig area. It is conveniently located near the perimeters of Ayala Arca South. Space Lot Area: 116 square meters Floor Area: 464 square meters Beds: 12 Baths: 10 1st floor- 5 rooms & 3 Comon CR. Good for 2 to 3 persons per unit 2nd floor- 4 Studio type rooms w/ kitchen & CR each. 3rd floor- 3 Studio Type units === At the full 8 million Peso / 464 sq m = P 17.6 psm Indeed, it seems to be very close, like 3-5 minutes walk from the area that will become ArcaSouth. But it is on the "crowded side", on No. 14 General. Espino St., away from the coming transport terminal (and PNR Station) at Arca South. So an uplift may await the completion of much of Arca South, including the office blocks (jobs!)
  6. Jeff Rense & Jim Fetzer - The Criminal Arrogance of Hillary Clinton
  7. more on THE HILLARY THEY DESERVE Mrs. Clinton also used her triumphal remarks in Brooklyn to inveigh against the influence of money and "power brokers" in America's political system. In light of her history, these comments should have been accompanied by a laugh track. The words "shameless" and "hypocritical" don't quite cut it here. Clinton's family foundation -- deemed a "slush fund" by a charity watchdog and described as "all bankable" by a former employee -- has been awash in tens of millions of dollars in undisclosed foreign donations. The foundation has accepted gifts from individuals and entities seeking to curry favor with the Clintons, including many groups with active business before Hillary's State Department. This gravy train resulted in dodgy transactions with real national security implications, as well as the re-filing of five years' worth of tax returns, the original versions of which failed to list eight-figures in income from foreign governments -- including regimes that systemically repress women. Clinton's clear-cut pledges on transparency in order to avoid conflicts of interest were routinely violated. She and her husband have also pocketed well over $100,000,000.00 in speaking fees since leaving the White House in 2001. The former president raked in record levels of honoraria while his wife was running the country's foreign policy, and his wife later made a killing from groups that opened their wallets wide to bankroll her addresses as they coincidentally sought to secure government contracts and grants. Meanwhile, she obstinately refuses to release the transcripts of her high-dollar speeches to Wall Street firms, which she implausibly claims were forums to speak truth to power. And as she panders to Sanders supporters on the scourge of income inequality, she's delivered remarks in $12,000 jackets and issued demands about the size of the luxury private jets in which she'd deign to travel. Hillary Clinton is the very definition of an DC insider and power broker. She operates at the lucrative and ethically dubious intersection of big money and vast power, and has for decades.
  8. Democrats embrace the Dark Side (the Emperess Palpatine) "I will have your back" (So she can knife it?) Hillary Clinton: The Unpopular, Corrupt, Shameless Habitual Liar Democrats Deserve Guy BensonJun 08, 2016 3:01 PM And lo, it came to pass: As of last night, Hillary Clinton is officially the Democratic Party's presumptive nominee for President of the United States. Setting aside her party's elite "super delegate" insurance policy, Clinton has now secured a majority of pledged delegates, which reflect the will of primary voters. And despite falling to Bernie Sanders in a startling 23 nominating contests, the former Secretary of State has attracted roughly 3.7 million more votes than the Vermont Senator nationwide. Having lost the election by every metric, the disheveled Soviet Union honeymooner says he'll fight on to the party's Philadelphia convention anyway, marking just the latest instance of a Socialist ignoring simple math that complicates his untenable fantasies. The fact that Clinton failed to clear this hurdle until the very last day of balloting underscores her profound weakness as a candidate. She enters the general election stage of the campaign as one of the most disliked and distrusted political figures in America, and one of the least popular presidential nominees of all time. Despite his even uglier public image and endless parade of divisiveness and insults, the Republican nominee-in-waiting only trails her by an average of two percentage points at this stage of the race, inside the margin of error. Several weeks ago, a Democratic operative basked in the afterglow of Donald Trump's effective nomination victory, crowing on Fox News that the GOP had selected "exactly the candidate they deserve." Ironically, both Trump's strong backers and detractors on the right would likely agree with this statement, albeit for different reasons. This week, the same formulation applies to the Democrats. They've chosen the corrupt, opaque, power hungry, self-serving, aloof, greedy, politically soulless, congenital liar they so richly deserve. In case it wasn't sufficiently beaten into your psyche with a rhetorical two-by-four last night, Hillary Clinton has made history. Indeed. She has become the first presidential candidate of either gender to clinch a major party's nomination while under active FBI investigation. That criminal probe -- not a "security review" as she and her campaign have wrongly claimed -- continues to produce serious new developments. Based on her deliberate, national security-endangering conduct, as well as a string of clues and actions by federal investigators, it is entirely possible that a recommendation for criminal prosecution will be handed down in the coming weeks. As America's top diplomat, Mrs. Clinton ordered the implementation of an improper email scheme that predictably culminated in the compromising of thousands of classified documents, including top secret and 'beyond top secret' material. She ignored specific, personal warnings from State Department security officials about her reckless arrangement in 2009 and 2011, using her shockingly unsecure system throughout her four-year tenure as a means of thwarting public records requests and wielding total control over her correspondence. When the existence of her private server was revealed, Clinton and her attorneys unilaterally deleted tens of thousands of messages, falsely stating that none of them were work-related. She has verifiably and flagrantly lied about virtually every aspect of this scandal from the very beginning. In her victory speech before cheering supporters Tuesday night, Clinton also promised voters that as president, "I will always have your back." One wonders how those words struck the family members of four Americans murdered in Benghazi by Islamist terrorists on September 11, 2012. == > http://townhall.com/tipsheet/guybenson/2016/06/08/hillary-clinton-the-nominee-democrats-deserve-n2175063
  9. (I was asked about FIBR connections by email): "I have decided that I must upgrade my internet capability. The best way seems to be to get a PLDT FIBR connection which is avallable in these locations." >LINK, see locations*: http://pldthome.com/fibr/areas = "So I am bottom fishing for the lowest possible rental in one of these areas. You know much more about the apartment/condo market than I ever will so I wonder if you might have a suggestion for me." (I will ask on Saturday, whether this inspires any ideas) == Makati City (Villages): Bel-Air Village1-4, Dasmariñas, Forbes Park, Kasiyahan, Magallanes, Palm, San Lorenzo, San Miguel, Urdaneta Village (Other): Essensa Gramercy Residence / Knightsbridge Residences Joya Loft Manila Polo Club Townhouses One Roxas Triangle Pacific Plaza Condominium Pacific Plaza Towers Paseo de Magallanes Urdaneta Apartment
  10. TRUMP's Policies vs Hillary's - from a youtube comment Of course he has clear policies - Are you asleep?: 1/ Stop illegal immigration, 2/ Put America First in Foreign Policy, 3/ Put an end to Unfair Trade deals. . Now please give me Hillary's top three. If you cannot, here's what I think they are: 1/ Allow, encourage immigration, because they will vote mainly for democrats, 2/ Back every war, and especially those that benefit Israel, 3/ Loot the country, and gather as much wealth as possible for the Clinton family and its donors
  11. 1Q 2016 | Philippines Research & Forecast Report Office sector drives property market growth. == > http://www.colliers.com/en-gb/philippines/insights Demand BPO demand to continue rising at double digit rates, while residential condo demand will grow steadily in step with a growing economy. Retail may become more challenging as a sharp increase in new shopping center space is anticipated in 2016 Supply Office supply forecasted by the end of 2016 has slipped, but 2016 will still see an all-time high in new supply. Residential condo and retail stock will also rise at elevated rates. Rent Colliers projects office rents to increase at the same historical growth rates given the pace of demand. Retail rents are also seen to grow steadily. However, condo rents have begun to slide amid a record number of completions this year. Office Vacancies fell further despite the completion of seven buildings during the first quarter of 2016, which added some 156,000 sq m of office space in Metro Manila. With an estimated 640,000 sq m of new office space expected to be completed this year, a slight increase in office space vacancy across the major business districts of Metro Manila is anticipated. The increase, however, will be tempered by steady demand for office space fueled by BPO companies. Residential Only three residential projects were completed in Metro Manila during the first three months of the year, all located in Fort Bonifacio. For the rest of the year, Colliers expects that an additional 11,700 units will be delivered in the major CBDs, with half of the new units located in Fort Bonifacio. With the delivery of these new units over the next 12 months, rental rates in the major districts are expected to decline. Land values to grow between 5% and 7% in the next twelve months Land Values Source: Colliers International Philippines Research Land values in major business districts continue to increase. Land values in Makati CBD averaged PHP523,000 per sq m during the first quarter of 2016, up by 4.6% QoQ. This is slower than the 7.9% growth recorded in the fourth quarter of 2015. Land values also accelerated in Alabang, Fort Bonifacio, and Ortigas. The value of land in Fort Bonifacio averaged PHP445,000 per sq m, up by 6.7% QoQ. The value of Alabang lots recorded the fastest growth at 4.6% to PHP123,000 per sq m from PHP117,946 in the previous quarter. Prices in Ortigas Center averaged PHP189,000, up by 5.3% QoQ, up from 4% growth posted in the previous quarter. == > more
  12. Jazzing it up... To justify the price? > SSC-TheGentry: http://www.skyscrapercity.com/showthread.php?t=1907685&page=4 Official Launch announced on June 8th in Business World: Alveo launches project in Salcedo Village (pg.2) + A Mix-use, multi-tower development, due to be completed in 2021-22 + Location: 4,227 sm of Land along Valero St., expected to generate P 5 bn. in sales + 43-storey residential building with 391 units on the upper 36 floors + Three-levels of retail (with 30 shops), and four levels of parking + The office component will start development next year, and is expected to be sold This is the 15th tower from Alveo, which has launched residential, office, and mixed use towers across Makati ================= ALVEO's new The Gentry Residences, will share its space with office condominiums, and a mall. Interesting to see that the new (and more highly-priced) offerings are being jazzed up with Mixed use and shopping to make them standout from a pure Residential space (Here's another, just announced): Megaworld Corporation offers you our latest project at the prime location of Makati City​ -​ The Ellis: A 30-storey tower with guaranteed high quality project​.​ It also offers exclusivity like no other with only 11 units per floor for a total of only 237 units. The Ellis will be our most sophisticated project to date offering creative amenities such as : the Pause​ &Play Room, Co- Lab ​(Shared Workspace​) and Town Hall (Function Room). LOCATION: Front St: ​L.P. Leviste St. / Back St: ​San Agustin​ St. = unquote = Presumably, the shared workspace is to make them attractive to people who will work from home, and not want to pay the rising office rents. Will we see new types of Working arrangements arise, to work within this space? I believe the Gentry is priced at something like P 165-175 k psm, and the postings on SSC show an even higher price for the Ellis: "Introductory Average Price: Php 175k/SQM for the first 25 units sold" Megaworld likes to connect Time Pressure with its pricing - yet this building completes after 2020, I believe. Colliers has just reported a DROP in Average Rents in Makati and BGC (- 1.57% to P 869 per sm, in Q1), and has said they expect prices to drop further. But the developers go on pushing their prices higher, and stand by their argument that if you don't buy now, prices will push higher. ( Reaction / from meamoantonio, on SSC): Presumably, the shared workspace is to make them attractive to people who will work from home, and not want to pay the rising office rents. Will we see new types of Working arrangements arise, to work within this space? actually there are already existing types of working arrangements that capitalize on these "shared work spaces" or day rate offices, ive been seeing alot of office spaces that have per day rates that cater to freelancers, per project employees and virtual employees etc etc. Ive seen other developers like Shang also come up with amenities similar to this, maybe the "Millenial" generation is really sick of being stuck in an office for years and developers and business owners have already realized this and are capitalizing on it early on
  13. 3 golden growth opportunities for the Philippine real estate sector in 2016 By Property Report on January 28, 2016 . What’s next for the country’s property industry? Metro Manila | Image credit: TheStandard.com.ph Given the upward trend witnessed in the Philippines’ real estate sector in the past 12 months, industry experts are optimistic that the growth will be sustained this year. The country’s thriving capital, Manila, saw major investment from global capitalists in 2015, according to auditing and advisory firm BDO’s Asian Real Estate report, placing it in the same league neighbouring hub Bangkok. While the ongoing economic slowdown in China may or may not pose a threat to the real estate sectors in emerging Southeast Asian markets, there are many growth areas where a property market like the Philippines can show off its strengths. 1. BPO sector creates a new breed of condo dwellers According to the Thomson Reuters Foundation, real estate loans hit a record high of PHP1.23 trillion (USD25.69 billion) in Q3 2015, per data from the Bangko Sentral ng Pilipinas. It reflects a growing confidence in the sector, as well as the tremendous support given by the banking and lending industries in the Philippines. Many first-time buyers or renters would require real estate loans (such as for the deposit), but the big change now is that young workers in the business process outsourcing (BPO) sector are qualifying for such loans. Rick Santos, chairman and CEO of property advisory firm CBRE Philippines, said the new breed of condo dwellers are not confined in Metro Manila. “From Clark up north to Davao City down south, the playing field is becoming more exciting especially for the BPO sector which will sustain the momentum and drive for the coming years.” 2. Low-cost housing segment helps drive the industry Andy Mañalac, chairman of the National Real Estate Association (NREA), told TheStandard.com.ph that major developers are now dabbling in the low-cost and socialised housing segment. More projects should be expected in this segment in 2016, according to Mañalac, and some developers might even cut back on high-end and luxury developments. “The demand is so big and still growing that it will be very difficult for them to catch up even with their combined production. However, buyers’ financing for these will be another story,” he commented. 3. Change is good With the ASEAN Economic Community now in effect, the Philippines will be in a much better position to lead in the region’s growth by allowing certain changes, beginning with infrastructure. National Economic and Development Authority (NEDA) chief Arsenio Balicasan told TheStandard.com.ph: “There is a constant need for the infrastructure system to keep up with rising demands in the fast-growing economy, especially these days as new property investments flood the market.” Balicasan noted that the weak infrastructure squanders the full potential of Philippine real estate and continues to hound the industry. He also added that more transparency in the market and possible ownership policy changes could help increase investments in the country. With the announcement this week that Korean firm Hyundia Rotem has won the bid to supply trains for the long-delayed MRT-7 subway project, hopes are up that more infrastructure projects that can impact the property sector can finally see the light of day. Watch out for our report on low-cost housing shortage in the Philippines in the February/March 2016 issue of Property Report magazine == > http://www.property-report.com/3-golden-growth-opportunities-for-the-philippine-real-estate-sector/
  14. An interview without the gotcha questions Judge Jeanine One on One w/ Donald Trump 6/4/16 FULL Special Interview https://www.youtube.com/watch?v=uyzkFnGi7OE
  15. Roger Stones explains the Soros/Clinton Agi-prop Infowars Nightly News - San Jose Mayor Justifies Anti-Trump Violence - 06/03/2016 To TRUMP detractors... we don't care... (as posted under this video): Peter Griffin You've been on vacation for two weeks, you come home, and your basement is infested with raccoons. Hundreds of rabid, messy, mean raccoons have overtaken your basement. You want them gone immediately… You call the city, 4 different exterminators but nobody could handle the job… But there is this one guy and he guarantees you to get rid of them, so you hire him. You don't care if the guy smells, you don't care if the guy swears, you don't care if he's an alcoholic, you don't care how many times he's been married, you don't care if he voted for Obama, you don't care if he has plumber's crack...you simply want those raccoons gone! You want your problem fixed! He's the guy. He's the best. Period Here’s why we want Trump, yes he's a bit of an ass, yes he's an egomaniac, but we don't care. The country is a mess because politicians suck, the Republican Party is two-faced & gutless, and illegals are everywhere. We want it all fixed! We don't care that Trump is crude, we don't care that he insults people, we don't care that he had been friendly with Hillary, we don't care that he has changed positions, we don't care that he's been married 3 times, we don't care that he fights with Megan Kelly and Rosie O'Donnell, we don't care that he doesn't know the name of some Muslim terrorist. This country is weak, bankrupt, our enemies are making fun of us, we are being invaded by illegal's, we are becoming a nation of victims where every Tom, Ricardo and Hasid is a special group with special rights to a point where we don't even recognize the country we were born and raised in; "AND WE JUST WANT IT FIXED" and Trump is the only guy who seems to understand what the people want. We're sick of politicians, sick of the Democratic Party, Republican Party, and sick of illegals. We just want this thing fixed. Trump may not be a saint, but doesn't have lobbyist money holding him, he doesn't have political correctness restraining him, all you know is that he has been very successful, a good negotiator, he has built a lot of things, and he's also not a politician, he's not a cowardly politician. And he says he'll fix it. And we believe him because he is too much of an egotist to be proven wrong or looked at and called a liar. Also we don't care if the guy has bad hair.
  16. It's a Hyperbubble, but Sam Zell is selling Fabian Calvo-Hyper-Bubble In Stocks, Dollar & Government Debt The comments suggest that Fabian is still talking about a higher market Published on May 31, 2016 Real estate expert Fabian Calvo says another financial crash is a lock, it’s just when. “Calvo says, “I talk to a lot of people in the business, and they all know it’s coming, but it’s not coming yet. I agree with them. . . . In my business, I don’t buy and hold anything. I buy and immediately sell. . . . This hyper bubble is not just real estate. It’s stocks, government debt and the dollar, as well. I think all of those we could see crash simultaneously. . . . These people are so desperate and arrogant, there really is no telling what they will do. The larger they create this bubble, the more that they fuel this bubble, ultimately, the bigger the crash will be and the more financial devastation and wreckage there will be.” Calvo buys and sells between $50 million and $100 million a year. One sure fire way to pop this so called “hyper-bubble” is war. Calvo contends, “I look around, and I see the insanity and the incompetence of the so called leadership in the world today, and I think war is the potential thing that could derail this entire thing. We see the West being belligerent with Russia and the Middle East completely on fire. I wrote a book called “The Global Economic Reset,” and I talked about how a greater regional war, or a world war, could break out over the South China Sea. That, I think, is the biggest black swan we potentially face.” == If you can see it, is it really a Black Swan? They come out only at night, when no one is looking Another Real Estate Crash Looms: Sam Zell Dumps Holdings, Warns ... 5 days ago - Another Real Estate Crash Looms: Sam Zell Dumps Holdings, Warns ... Now he's selling again, unloading multifamily properties at peak prices ... . . . If you haven’t heard yet, median home prices in the United States are on a tear having reached all-time highs in April. To boot, rental prices have gone insane, showing a year-over-year inflationary increase of 8%. On top of that, stock markets are rocketing back to their own all time highs based on the premise that the U.S. economy is seeing healthy growth. By all official accounts, it appears that we’re back on track. But appearances can be deceiving and highly acclaimed investment guru Sam Zell isn’t buying the hype. In fact, he’s taking this opportunity to sell… in a very big way. Wolf Richter explains: And he has been selling. Back in 2007, he once again proved his sense of market timing. As the commercial property bubble was already teetering, he sold Equity Office Properties Trust to Blackstone for $23 billion, not including $16 billion in debt. Then prices crashed, and commercial property defaults hit the banks. As the dust was settling at the end of the Great Recession, he went on a shopping spree. Now he’s selling again, unloading multifamily properties at peak prices on a massive scale just when a multi-year construction boom is flooding the market with new supply. … So when Sam Zell speaks, our ears perk up. Read the full report at Wolf Street On CNBC, Zell lashed out in his soft-spoken and well-balanced manner against the current zero-interest-rate environment in the US, and the fundamental damage it was doing — the man who so hugely benefited from it: “In the most simplistic terminology, I would ask you the question, if something is free, is it valued? Is it appropriately risked?” “I think when you talk about interest rates being close to zero for a long period of time, I’m very concerned about the fact that we have desensitized our business community to the cost of capital.” “And we know that the cost of capital ain’t free,” he said. “Every time you defer facing up to the cost of capital, it’s going to catch up to you. That I think is the biggest concern.” “We have distorted markets. Maybe we have bubbles.” Then, on second thought, he said, “I don’t even know what a bubble is, so I wouldn’t want to be the definer of it. But I think that we have too much intervention and not enough market movement in interest rates – and in other assets.”
  17. Hillary is still clinging to a small lead in the polls > http://www.businessinsider.in/THE-LATEST-SCORE-Trump-was-surging-but-now-Clintons-clawing-back-her-lead/articleshow/52570464.cms >
  18. Paul Ryan endorses Donald Trump CNN - ‎4 hours ago‎ Washington (CNN) House Speaker Paul Ryan on Thursday said he's voting for presumptive GOP nominee Donald Trump. In an op-ed for the Janesville Gazette of Janesville, Wisconsin, Ryan -- who sparked a political firestorm last month when he told CNN's ...
  19. // INFLATION Data recorded in post #258, see below // PHILIPPINES Debt is low compared to other Asian countries Non-Japan Asian Private Debt Is Number 1! TOPICS:Non-Japan Asian debt Posted By: The Corner 3rd May 2016 UBS | Non-Japan Asian private debt is now the highest in the world for any major region and is climbing toward 170% of GDP. As we have argued in our Debtopia thesis since 2013, rising leverage will increasingly result in diminishing marginal benefits to economies and profits when debt becomes excessive. Figure 1 demonstrates this perfectly. Also, please note it’s not just China. True China is high, but so are Korea, Taiwan, Thailand, Malaysia, Hong Kong, and Singapore. Private debt levels range from a “low” of 150% of GDP to a high of 222% for those economies. The outliers remain the Philippines, Indonesia and India. Historically, few individual economies have seen private sector debt rise above 240% of GDP before reversing course. Ireland is the only significant economy we know of where private debt sailed well past 240% before deleveraging. Perhaps this is the good news as this implies non -Japan Asian private debt can go higher, especially if Tao Wang’s work on Chinese debt proves correct. However, when you step back and judge Asian economies, market by market, most of them appear poised for domestic -debt related problems – sluggish economic growth, a rise in NPLs, and a tough profit environment. It is more common for debt-related problems to materialize well before debt reaches 240% of GDP according to international experience. Debt is the problem, not the solution. Relying on debt growing faster than economies to stabilize economic growth can only succeed in kicking the can down the road; i.e., delaying deleveraging and capacity consolidation. We think markets know this and we’ve long passed the time where more debt is greeted with cheers from investors. Indeed rising debt service in the face of falling interest rates has been a critical difference between non-Japan Asia and DM equity performance according to work done by our colleagues in strategy. This will likely remain true as long as debt continues to grow faster than GDP for the region. == > http://thecorner.eu/world-economy/non-japan-asian-private-debt-is-number-1/54060/
  20. The "Crazy Growth In Corporate Debt" Is Finally Noticed: Bloomberg Issues Stark Warning By now it is a well-known fact that corporations have no real way of generating organic profit growth in this economy (the recent plunge in Q1 EPS was a stark reminder of just that), so they are relying on two things to boost share prices: multiple expansion (courtesy of central banks) and debt-funded buybacks (also courtesy of central banks who keep the cost of debt record low), the latter of which requires the firm to generate excess incremental cash. Incidentally, as SocGen showed last year, all the newly created debt in the 21th century has gone for just one thing: to fund stock buybacks. http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/11/socgen%20buybacks%201_0.jpg SOCGEN: One doesn't have to be a financial guru to grasp that the problem with this "strategy" is that if a firm is going to continue to add debt to its balance sheet in order to fund buybacks (and dividends), then it needs to be able to generate enough operational cash flow in order to service the debt. Even if one makes the argument that debt is cheap right now, which may be true, or that central banks are backstopping it, which is certainly true in Europe as of the ECB's shocking March announcement in which the CSPP was revealed, the fact remains that principal balances come due eventually, and while debt can be rolled over, at some point the inability to generate cash from the operations catches up; furthermore even a small increase in rates means the rolling debt strategy is dies a painful death, as early 2016 showed. Then, as we showed to months ago using another stunning chart from SocGen's Andy Lapthorne, what has gone largely unnoticed in the recent past, is that the differential between the growth rate of net debt and underlying cash flow or EBITDA, now at a staggering 35%, have never been greater, and in fact "Debt Is Growing Faster Than Cash Flow By The Most On Record." As Andy Lapthorne politely put it in the chart below, there is "crazy growth in net debt." http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/05/13/crazy%20growth%20net%20debt_0.jpg One also does not have to be financial wizard to to know that a firm which has to borrow more than it can generate from core operations is not a sustainable business model, and yet today's CFOs, pundits and central bankers do not. But more are starting to notice, as the corporate debt pile hits unprecedented proportions. As Bloomberg writes this morning, when it also issued a stark warning about the next source of credit contagion, while "consumers were the Achilles’ heel of the U.S. economy in the run-up to the last recession. This time, companies may play that role." Among the warning signs: rising debt, lagging profits and mounting defaults. While the financial vulnerabilities aren’t likely to lead to another downturn soon, economists say they point to potential potholes down the road for an expansion that’s approaching its seventh birthday. The chart below, very familiar to frequent Zero Hedge readers, is the reason why the next debt crisis will be one where corporations, not individuals, are dragged down. It shows that enticed by record-low interest rates, companies increased total debt by $2.81 trillion over the past five years to a record $6.64 trillion. In 2015 alone, liabilities jumped by $850 billion, 50 times the increase in cash by S&P’s reckoning. http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/05/13/corporate%20debt%20bbg_0.png
  21. Can Trump bring Amazing Grace? (Bill Still likes this!) Still Report #893 - Dr. Wallnau on Trump and Common Grace
  22. NEVER TRUMP : these guys are not patriots (they are the lowest form of scum on the planet = Globalist !) === === http://www.thetruthseeker.co.uk/?p=133767 John Pilger Excerpts: Sanders, the hope of many young Americans, is not very different from Clinton in his proprietorial view of the world beyond the United States. He backed Bill Clinton’s illegal bombing of Serbia. He supports Obama’s terrorism by drone, the provocation of Russia and the return of special forces (death squads) to Iraq. He has nothing to say on the drumbeat of threats to China and the accelerating risk of nuclear war. He agrees that Edward Snowden should stand trial and he calls Hugo Chavez – like him, a social democrat – “a dead communist dictator”. He promises to support Clinton if she is nominated. The election of Trump or Clinton is the old illusion of choice that is no choice: two sides of the same coin. “Only Donald Trump has said anything meaningful and critical of US foreign policy,” wrote Stephen Cohen, emeritus professor of Russian History at Princeton and NYU, one of the few Russia experts in the United States to speak out about the risk of war. In a radio broadcast, Cohen referred to critical questions Trump alone had raised. Among them: why is the United States “everywhere on the globe”? What is NATO’s true mission? Why does the US always pursue regime change in Iraq, Syria, Libya, Ukraine? Why does Washington treat Russia and Vladimir Putin as an enemy? On Obama’s watch, a second cold war is under way. The Russian president is a pantomime villain; the Chinese are not yet back to their sinister pig-tailed caricature – when all Chinese were banned from the United States – but the media warriors are working on it. Neither Hillary Clinton nor Bernie Sanders has mentioned any of this. There is no risk and no danger for the United States and all of us. For them, the greatest military build-up on the borders of Russia since World War Two has not happened. On May 11, Romania went “live” with a Nato “missile defence” base that aims its first-strike American missiles at the heart of Russia, the world’s second nuclear power. In Asia, the Pentagon is sending ships, planes and special forces to the Philippines to threaten China. The US already encircles China with hundreds of military bases that curve in an arc up from Australia, to Asia and across to Afghanistan. Obama calls this a “pivot”.
  23. Soros Behind Violent Trump Protests – Again from TRU News: Protesters gathered outside of a rally in Albuquerque last night to demonstrate against GOP presidential candidate Donald Trump. They threw rocks and bottles at police, as they tried to storm the convention center by knocking down barricades. Several officers were hurt. The agitators carried signs that read “Trump is the face of white supremacy” and “fascist not welcome on native land”. But the signs weren’t handwritten on poster board. They appeared to be pre-produced. On the bottom, they said “pslweb.org”. “PSL” is an acronym for “Party for Socialism and Liberation”, which is funded by George Soros, according to The Conservative Treehouse. They believe capitalism “is the source of the main problems confronting humanity today”, as stated on their website. Other Soros’ supported groups were present, included “The Red Nation”. Soros also puts money into Priorities USA Action, which supports Hillary Clinton. The Super Pac has raised $8.6 million and plans to use some of the money to pay for negative ads against Trump. Some if its high dollar donors include Haim Saban, co-owner of Univision, Alex Soros, and David E. Shaw, former hedge fund manager and current chief scientist of the medical research firm D.E. Shaw Research. This is part of an ongoing plot to start violence at Trump rallies, and make it appear spontaneous…… http://sgtreport.com/2016/05/soros-behind-violent-trump-protests-again/#more-456391 http://www.trunews.com/soros-behind-violent-trump-protests-again/
  24. Paul Craig Roberts: Killary Will Be The Last US President . It is entirely possible that the world is being led to destruction by nothing more than the greed of the US military-security complex. If Killary gains the White House, the world is unlikely to survive her first term. http://www.paulcraigroberts.org/ more - As Our Past Wars Are Glorified This Memorial Day Weekend, Give Some Thought To Our Prospects Against The Russians And Chinese In World War III The Saker reports that Russia is preparing for World War III, not because Russia intends to initiate aggression but because Russia is alarmed by the hubris and arrogance of the West, by the demonization of Russia, by provocative military actions by the West, by American interference in the Russian province of Chechnya and in former Russian provinces of Ukraine and Georgia, and by the absence of any restraint from Western Europe on Washington’s ability to foment war. Like Steven Starr, Stephen Cohen, myself, and a small number of others, the Saker understands the reckless irresponsibility of convincing Russia that the United States intends to attack her. Comment by intruth on May 30, 2016 @ 7:45 pm
  25. Manila vs. Hong Kong Cost of Living The biggest savings is on Rent (at May 2016): You would need around 98,175.82₱ (16,303.25HK$) in Manila to maintain the same standard of life that you can have with 46,000.00HK$ in Hong Kong (assuming you rent in both cities). Indices Difference Consumer Prices in Manila are-------------------: / 48.66% lower than in Hong Kong (index: 40.96) Consumer Prices Including Rent in Manila are: / 64.34% lower (Index: 29.07) Rent Prices in Manila are--------------- P 23.0k / 80.91% lower (1 BR, city centre) Restaurant Prices in Manila are--------- P 150.0 / 52.18% lower (inexpensive meal) Groceries Prices in Manila are----------- P 142.5 / 54.42% lower (chicken breasts) Local Purchasing Power in Manila is-------------: / 49.02% lower (Index: 47.52) == > http://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=Hong+Kong&country2=Philippines&city1=Hong+Kong&city2=Manila&tracking=getDispatchComparison Lower office rents and Lower salaries (than many neighboring countries) are spurring growth,\ especially in the BPO area (call centers): Manila ‘still in the fast lane’ – property advisor January 29, 2016 GLOBAL property advisor Cushman and Wakefield has described Manila as “still in the fast lane,” on the back of low inflation and what it calls sustained policy accommodation. “The Philippines is on track to record another year of enviable growth,” the property consultancy firm said in its Asia Pacific Outlook Report for 2016. “The government continues to make strides in improving business conditions and addressing corruption,” Cushman and Wakefield expects the business process outsourcing (BPO) sector to continue propelling the Philippine economy to stay as one of Asia’s strongest performers. The property advisor cited estimates by the IT and Business Process Association of the Philippines (IBPAP) that the BPO industry would have 1.3 million full-time employees in 2016. At the same time, it said accelerated implementation of public-private partnership projects and spending related to the May 2016 presidential election would induce growth in the country’s economy. As for the country’s property market, Cushman and Wakefield noted record low levels of office space vacancies, which remained at 3.4 percent as of yearend 2015. But the company foresees a slower rental growth this year due to upcoming supply of new developments, especially in the emerging Bonifacio Global City, where the bulk of the new office space supply will be place === > http://www.manilatimes.net/manila-still-in-the-fast-lane-property-advisor/242060/
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