To John (17 page)

By the end of 2014, RMB has ranked
5th as the most traded currency, according to SWIFT's report.

Full convertibility of RMB is
expected over the next couple of years (Wiki)

'This is the most bizarre thing.
5th most traded currency can not be seen in the FOREX market.
Wow.'

"John, do you like jogging at
night? BPM 180."

"You can have some pretein bars on
the way. They used to be called Amazonesses."

'Conclusion: 5th traded currency
RMB will be like tsunami. You have to keep your currency strong. A
couple of years left to prepare. That's it. Not much time. I have a
feeling that USD is backep up by government. 3tn debt to China. If
RMB is internationalized, how the debt can be calculated? The
currency will make a big difference. Quite a lot of money, no?'

"Ana, you got a new pair of
glasses. Nice."

"How do you know, John?"

"Did you forget how you set the
things up?"

"Oh... Well... Can you see my new
blow dryer?"

"The volume up thing? Sure. Don't
burn yourself. Have you ever used it before?"

"No..."

'US failed Deutche and Santander
whereas they passed their own first landers. This is the symptom of
the terminal stage. Very aggressive. I would never get used to
those screams and moaning of the patients. They ring the bell every
5 minutes. Almost out of consciousness. Only pains are left. I
still remember the Agent Orange. And the naked Napalm girl. US is
doing a very similar thing financially.'

'Agent Orange was later determined
to be in violation of the Geneva Contract. U.S. troops gradually
stopped using Agent Orange and any other harmful herbicides.'

(
http://vietnamawbb.weebly.com/napalm-agent-orange.html
)

'Then there must be some
international, financial law or regulation. Too much unfair fine.
Credit Suisse got really fed up with it. They replaced the head
with a French instead of an American. I really can not stand that
greedy nasal voice.'

12 Mar 2015

Eurozone companies, "Thanks to
the weak Euro, company profit is expected to be more
increased."(KCIF)

'The reason that Credit Suisse
got suffered from US regulations and Deutche & Santander failed
in US stress test is only one. Tax evasion. Google and Apple
complained publicly. Buffetts moved and got punished. Soros tried
to. Who else? Interesting to see the list of Americans whose
account got revealed. Not Eric Holder again.'

'You should do the stress test
for G20 countries. Who is going to have sovereign bankruptcy?
Greece, Argentina or US. EU can not be tested as it is not a singel
country. So, Greece is out. Argentina or US? Or both together. US
has a considerable loan to Argentina. Chain reaction can
happen.'

"Never mind a few swaps.
Morning. John."

'I will not play with anybody,
who is wearing that chunky stuff. Too embarrassing. Not sleek, I
mean.'

"John, what day is today? Why
the stock market is closed?"

"God knows. I don't deal
stocks. Will let you know later."

"It's ok. My program got
tempuramental saying 'I'm not doing it' kind of stuff. In that
case, you might need a seat belt. As even in a normal Newsnight,
someone said dollars got very strong. Now it's a news. Just in
case, is this a White day today? Why my computer behaves like a
woman? I hate chocolates."

"Did you enjoy the ride? Do you
want an another one? You are not tired yet? I will get some
sardines first."

'Yankees are making dollar
strong so they can borrow money cheaply from Europe.

Yankees are making dollar
strong so they can pay the debt less to China.

They are so desperate. Wow.
They are eating their own flesh. What kind of animal is that?'

'Is this that half-African,
half-Israeli Fischer's idea? What happened to Israel last year?
Capital Exodus since the African fund got busted.'

'Hang on a sec. This is so
unnatural. Did I misunderstand something? Is American economy going
really well and strong?'

'Google Takes
Over NASA Airport in Silicon Valley'
http://www.industryweek.com/technology/google-takes-over-nasa-airport-silicon-valley

'Ok. Google is doing well and very
rich, so they buy an airport. But the thing I wondered was NASA had
to sell its airport. Enough budget? Since when? This can be my
homework tomorrow.'

'Then again, how much they have to
spend to keep dollar strong like this? That is more scary to me.
This is not a right way to keep your economy healthy, is it?'

'Anyway, Samsung started trading
RBM. Shall I wait for 1-2 years? This is so disgusting. Wait until
the pathogen get weakened by itself? Then again, I just like to see
what is going on. I have to write about this at least. I miss last
spring so much. I bought a bomber jacket for Henry from Mr. Porter.
1,000 pounds. I had no feeling of the cash as usual.'

13 Mar 2015

'US accuses UK for doing what? US
is trying to borrow money from Europe because the interest rate is
lawer. US cannot borrow more money from China because they owe too
much. They lost credibility. Now US accuses UK for placating
China?'

'Moeny lending is the key business
of money. Basically banking. If US lose that business to Europe,
that's the end of money business. Raise your interest rate, please.
This current exchange rate is temporary until RMB comes in. Do it.
Raise your interest rate.'

"Morning John, a bit tiring. So we
do three or four hours a day and out. Hit and Run. Rest of time,
you can do whatever you like to do leisurely."

'I just heard from the Radio
program called Desert Island. A black American lawyer, Brian
Stevenson said 1 in 5 black boys goes to jail. Is this true? US
accuses of UK doing what again?'

"Another hit. Very quick though.
Home Run, you say?"

"Not bad as a first testing:)"

'Caution against strong dollar.
Why? According to KCIF, it disturbs the market. Why? What's exactly
wrong with strong dollar? It's not good for Americans when they
travel abroad?'

'Why US cannot join Asian
Infrastructure Investment Bank? Too much debt already? Not
qualified as a founding member, I bet. Just be happy with your
strong dollar. Stay away from the business.'

'I don't know why I twitted that
kind of shit. But I mean it. If they raise the interest rate now,
they might not survive this time. I definitely thought that. I
still think they will see the consequences within half a year.'

'Accusing instead of attacking
means the weakness.'

'My rough thinking, insecure
expression in my eyes, and you are watching me. That must be love
like a war.' (A Korean song)

"Happy Mother's day on this
Sunday. Your mum will be proud of you. If there is anybody who
didn't make enough money for that little ring, tonight is the last
chance. As you might know, I do not fancy selling at this
time."

'I met Berry Moore, the economist,
in the pub. I asked him

'Will America raise their interest
rate?'

'Yes. But when? They have been
lowering intertest rate to stimulate the economy. They lowered and
they lowered. But when? When is the thing.'

'Very nice to see you Sir
Moore.'

14 Mar 2015

'My verdict: Strong dollar ->
US stock collapse -> The Second Great Depression

Reason

1. Strong dollar at this time is
caused by the weak economy. The weak economy comes from two dying
income sources.: weapon industries & shale oil industries.

2. This strong dollar is
apparently out of control of Fed.

3. The amount of debt: 3tn 2years
ago. Now?

Backing up

1. Low profits(farming) + too much
loans ie debt (bubbles) caused the 1st Great Depression.

2. 1st GD got started or expressed
from stock market crash of October 1929

* I misunderstood the weakened GBP
at 2008. 2008, strong dollars was the point. The 2008 Credit
Crunch. USD got strong since Nov 2007. Strong dollar was a sign of
credit crunch, not the byproduct. That's why Fed is so reluctant to
raise interest rate. But what is forcing them to do it? That is
very funny. The only possibility is that US is in stagflation.
Stagnation and inflation at the same time. Indeed, a dilemma of
economy policy.

1970s stagflation -> Nixon
shock (out of gold standard, turn dollar into fiat money)

2015 stagflation -> what
shock?

**another factor: oil supply &
price

Who can get benefit from higher
interest rate? Money lenders, ie, banks. That's why US failed
Deutche and Santander the other day. Credit Suisse got upset by US
regulations.

But the basic problem is their
productivity not the policy. US should change the structure of
their industries. What can they do instead of making missiles?

Another fact during the depression
was the migration of people. American-Koreans were coming back
already 10 years ago. Ah well....

ExxonMobil: Not sure but the price
of ExxonMobil stock might be quite synchronized with the dollar in
inverse proportion. Dollar up, Stock price down. Walmart the same.
Not black Monday, it's black Thursday. Starts from US not China.
So, excluding US from the business is for sure. Like Ebola... Is
there such a thing called a economic quarantine? I like to think
more sophisticatedly. But with possible infection, you have to be
quick and rough. Sophistication? Forget it. At least, in England,
you can have vaccination for free. In America, you have to pay $169
for a simple MMR. The same. Companies started borrowing money from
Outside of America and tried very hard for tax evasion.'

"John, what shall we do? Back
to hell or heaven on earth? I really have no idea. Fed seems to
have no control. It might do the free fall thing. Then again, Janet
is quite heavy... Anyway, did you get that little tear drop?"

"I got something else. My mum
just likes flowers. Anyway, I think, we have to watch. Don't you
think? In either way, you can make it. That's what you call
dealing."

"Ok. Understood. In that case,
codes will be combined. Tricky though."

"John, may I ask you a
question?"

"Yes?"

"Why does Fed have to raise
interest rate anyway? What is the reason? They lowered the interest
rate to stimulate the economy."

"Simple. It didn't work. So
they try the opposite. Don't you think?"

"You are talking like me. That
sounds too stupid. Can it be real?"

"You will see."

"Shit, what shall we do? What
shall we do?"

"Ride on. One or two American
stocks on the side way. Water park, remember?"

"Yes, but I still don't get it.
Something is missing here... Also I do not want to miss the sharp
turn. Actually I have been waiting for it for the last one and a
half year."

"Just be alerted."

"I am not a professional like
you. I need an emotion. Also I hate my feet strangled in the mud
when others are flying."

That was the conversation with
John.

"Carl, what should I do?"

"Fuck it."

"I knew you would say that. And
I know what you mean. But how?"

"In every way."

"Are you sure?"

"Yes. I am in New York."

"John, I will not combine the
codes. 1. too late. 2. cannot mess up the first 3. Fed will not
raise the interest rate."

"Are you sure?"

"Quite sure."

Ana said that to John but she
had to ask herself again. Fed might raise it. They might not. Ana
thought they should not. Then, there is a thought about paradigm
shift. Among the five big companies, 1 and 3 are Chinese. RMB is
coming within 2 years. All these about Fed's move will be old
stories. No one will care about what they do or what they say. That
is how the history goes. The last flicking of the heart bit. Very
agressive and then all stop. The end. The silence and the peace.
You've done your best and, there is time that you feel you just
have to let it go. That spirit, which has done its best on this
earth. Then there is no sadness. All understood.

15 Mar 2015

'Oye, compuper! Do you think you
are a kind of mother or something? Why you are not working today?
Come on. Normal day. Even some real mothers are working today. I
saw one on the telly. She must be a mother. She is working on
Sunday morning kitchen. So, what do you think you are? I have been
thinking about you, you know? You are getting old. You admit that,
right? Do you want an early retirement without proper pension
package?'

'Thanks! We are old friends,
aren't we? I will not call you compuper. It never occured to me.
You might need a name. Shall I call you Anthony, differentiating
the name from that poodle? Sometimes I feel that you might have
very delicate but accurate fingers. You act before I do, don't you?
You must not freak me out too often though.'

'Anthony, you are way more sexy
than I thought. Such a swave! We can have a great day! Mother's day
is over.'

3rd Week March 2015

16 Mar 2015

From KCIF

'
미국
재무장관
Lew,“
정부부채한도
다다름에
따라
디폴트
막기
위해
특별대책
강구
”

US Secretary of the Treasury J.
Lew said,

"we are looking for emergency
measures in order to avoid default as we reached to the government
debt limit."

'One of causes for the 2008
Credit Crunch was the inconsistent government policy.

US government has lowered the
interest rate to make the economy steady. For example, a patient
with a stroke. Anyway, with a patient like that, you have to be
firm. You can follow this or that of paitent's complaint. You have
to be absolutely firm with the dose of medication. I feel dizzy, I
have a headache, I hate medication, I want to go home... If you
expect another stroke very soon, you have no other choice as a
doctor.