Posted by calvintaneng > 2015-02-28 00:33 | Report Abuse

Today Greenspan said that the US Economy is still anemic at only 2% growth. See CNBC.COM That means that he sees no reason why Yellen should raise interest rates. That is Good News For Stocks & bad news for fixed income asset like Bank FD.

Yes, Robert Prechter is the King of Super Bear. I have read Prechter's "CONQUER THE CRASH". His book points to another World Wide Depression like the 1930s.

However, Robert Prechter, Dr. Marc Faber, Richard Pikard, Harry Dent & even Malaysia's Tan Teng Boo of Icapbiz WILL BE SORELY DISAPPOINTED.

WHY?

BECAUSE OF THE NEW FANGLED INVENTION CALLED "QE" OR MONEY PRINTING.

So instead of Doom, Gloom & Crash or Depression There Will Be

THE CONTINUAL PRINTING & PRINTING OF MONEY BY IRRESPONSIBLE BANKS TO POSTPONE DEFLATION.

ALL PAPER CURRENCY VALUE WILL FINALLY BE DESTROYED.

THE MOST DANGEROUS THING NOW IS TO DO NOTHING AND KEEP YOUR CASH IN BANK FD.

SLOWLY & STEADILY YOUR PAPER MONEY VALUE WILL BE ERODED BIT BY BIT UNTIL THE VALUE IS REDUCED & YOU FALL INTO POVERTY.

PROTECT YOURSELF NOW BY INVESTING IN REAL ASSETS LIKE HOUSES (NOT CONDO) IN ISKANDAR REGION, FARM LANDS, GOLD, SHARES OF COMPANIES & OTHERS THAT WILL PROTECT FROM INFLATION.

THIS IS THE ONLY WAY! THERE IS NO OTHER WAY!

Posted by fortunebullz > 2015-02-28 00:35 | Report Abuse

Alan Greenspan effectively bankrupt USA due to subprime 2008! There is no word of wisdom coming out from his mouth!

Posted by fortunebullz > 2015-02-28 00:36 | Report Abuse

At current cheap oil, only Greenspan will maintain zero interest rate! That's very foolish indeed! Thank goodness US now have Yellen!

Posted by calvintaneng > 2015-02-28 00:47 | Report Abuse

Yes!

Alan Greenspan is the number one culprit who didn't act faster to prevent the Housing Bubble from Bloating up by All the Liar loans.

Ben Bernanke was a victim of Greenspan. Howeve, Ben is an avid student of The Great Depression. And Ben Bernanke acted by QE or Money Printing to provide the Solution advocated by John Maynard Keynes.

The Financial World is Now Like A Runaway Train Without Brakes!!

It will crash some day.

When?

No one knows

How will it end?

Also no one can tell for sure.

What we do know is, "ALL IRRESPONSIBLE BANKERS ARE ALL PRINTING MONEY LIKE NO TOMORROW - USA, JAPAN & EURO ZONE RIGHT NOW!

The Artificial POOL OF FIAT MONEY WILL INFLATE STOCK MARKETS ALL OVER THE WORLD - JAPAN NIKKEI IS NOW AT ALL TIME HIGH IN SPITE OF ITS ECONOMIC TROUBLES. DOW JONES & NASDAQ ARE ALSO AT ALL TIME HIGH - BREAKING RECORD AFTER RECORD!

Malaysia's Turn Will Come!

That's Why KLSE might also have a Bull Run.

Posted by ks55 > 2015-03-01 12:43 | Report Abuse

Yes!! Malaysia's Turn Will Come!!! But.......not now.
FF selling still non stop. RM yet to stabilize, 1 MDB cannot service its loan, GST around the corner ......