UAE: An Article In Gulf News, Emirates Group Chairman & ENBD CEO Hint That UAE May Finally Need To Depeg It's Currency From The USD, 5 Star Grand Hyatt Hotel Shuts Down In Abu Dhabi, Saudi & Abu Dhabi Both Raising A Lot of Debt As They Run Short On Cash

We have predicted since 2015 and debated it many a times that UAE (and Saudi) do not have a choice but need to depeg or repeg their currencies during or after 2018.

Many economists, media commentators, businessmen and others have debated with us that it can not happen. 

But we have remained stedfast in our views because we know how bankrupt both UAE and Saudi have become after the longest, continuous and most sustained decline in the price of oil since 2014, in history.

Trump came to Saudi that resulted in the arrest of thousands of royal family members in Saudi and curtailment of their powers and taking away almost all their wealth.

Now, for the very first time, a media article has appeared on 30 Mar 2019 on a quiet Saturday afternoon in Gulf News which is a Govt mouthpiece targeted in particular to the expats suggesting that UAE may need to depeg their currency, the dirham, from the USD.

Malaysian Economy Is Grinding To A Halt, Future Is Even Worse Due to Anti China Stance, Scams, Loss Making Sovereign Fund Having A Fire Sale Of Assets, Shutting Businesses, Dropping Real Estate, Declining Tourism, Closing Hotels, Declining Govt Spending, Declining Expat Population...& An About To Shut Down National Airline

USD-MYR Exchange Rate, 2009-2019

The sheer number of scams and business closures coming out of Malaysia over the last several years, a nation of less 32 million is shocking.

The scandal of ex Malaysian PM Najib has brought global embarrassment and massive losses for all Malaysians.

Over half a dozen countries plus the corrupt enabler Goldman Sachs were involved in siphoning off of tens of billions of dollars from the Malaysian Treasury into the pockets of Goldman Sachs and billions into the pockets of many people but most of all the ex Malaysian PM Najib himself.

This Is What The Wealthy Are Acquiring As A Status Symbol & We Can Help

We have advised our clients for about a decade on the benefits of having a second citizenship.

We have taken advantage of the inexpensive yet lifelong Permanent Residency (PR) card of Singapore that did not even require a stay in Singapore until Dec 2011 for a few of our clients.

We have also taken advantage of discounts of Caribbean countries who offer 50% discounts on donations to the Govt.

We have also advised again and again that these passports will all be shut down so the best time to acquire them is NOW, subject to whatever is still available.

Philippines: One of The Only Rising Real Estate Market Opportunity In The World: Some Investment Ideas

Cebu City

We have advised on this blog since last year (and since 2015 to our clients) that the only rising real estate market is in the Philippines, aside from China.

We have mentioned since last year that Chinese are coming in hundreds and thousands to Philippines and whoever wishes to invest must do it now. It's still not too late.

Based on our on the ground research and from our network, we had mentioned about the Chinese previously.

Now newspaper articles are coming with data.

Etihad Airline's Ongoing Collapse Is Bankrupting Jet Airways Who Has Halted All Flights To Abu Dhabi Today & Forced To Ground Half Their Fleet In India, Qatar Banned FAB, Largest Bank of UAE, More Banking Mergers, Bailouts & Closures Expected In UAE & At Least 35 Airlines Have Stopped Coming To Dubai

Jet Airways of India is in the throes of death due to the 24% stake held by Etihad Airlines and various other reasons.

We had warned on 14 Aug 2018, that 1 Indian airline may go bankrupt and our bet was on Jet Airways. 

Due to all the politics and reality behind the scenes and the massive losses due to loans given by Indian Govt owned banks, somehow this airline has continued to remain alive so far but we give it no more than a few months before it will shut down.

1 Indian Airline Must Go Bankrupt In 2018, Which One Will It Be? 

34,000 Singaporeans Set To Lose 90% Of Their Savings With Hyflux Desalination Plant Investment & Singapore Airlines (along with dozens globally) Forced To Halt Boeing 737 MAX Planes & Some Suggestions For Singapore

We were not aware of this fiasco until today when it is making headline news in Singapore and around the world.

A new desalination and power plant in Singapore was projected to give 6% returns p.a. almost into perpetuity with highly risky junior debt totalling SGD 900m raised from 34,000 Singaporeans with the tacit support of the Govt.

There have been problems brewing with Hyflux for well over a year now.

They have tried to sell a plant, have defaulted in their commitments to the Singapore water agency PUB who has even served a notice of take over.

Singapore: An Economy In Terminal Decline

Courtesy: Getty Images

Over the last few years, Singaporean economy has been gradually declining due to money laundering being caught in banks, tax amnesties drawing billions back to various nations like China, Indonesia, Pakistan, India (soon Philippines will launch it's own tax amnesty), tightening immigration policies, decline in work permits for expats, super high cost of living, declining tourism and investors, banks closing or laying off in thousands each, retail stores closing and so much more.

On top of everything, Singapore has an anti China stance and has reduced immigration and work permits and reduced their connectivity with China.

Canadian & American Economies Are Being Torn Apart By Trump's Tariff Tantrums, His Disrespect For Diplomacy & His Intransigent Attitude

On this very blog since last year, we have advised the US Govt (and Canadian Govt for supporting the US stand against China) to change their views and reverse all their silly trade tariffs against China and stop all animosity in their dealings with China.

However, they refuse to listen to us.

Therefore, the Canadian and American businesses, citizens, employees etc (which is the entire American nation and the Canadian nation) are paying a heavy price for the completely avoidable silliness of US President Donald Trump.

Interested To Invest In An Innovative, Futuristic Company?

We are currently raising funds for a company that is highly innovative.

It is able to provide a 3D geo-location using a mesh network that does not use existing infrastructure.

For the very first time, we will have "3D mapped geo-location live movement tracking" available only through this company, thanks to patents registered in several countries including 2 registered patents so far, in the USA.

It is a very interesting technology that is being well received and is currently doing pilot demonstrations and agreements with some of the largest companies in the world plus Govt's and real estate companies etc. 

Dubai : Major Article By Forbes Magazine Writer Suggesting That Dubai Will Sink; High Debt, Oil Crisis, Closing Businesses & Rapidly Dropping Property Prices will Sink the City, S&P Says Further Real Estate Price Drops Until 2021 Yet To Come

About 3.5 years ago, in June 2015, we had forecasted that Dubai will have a complete and total meltdown.

A few others have kind of agreed along the way since last year but no one has been as bold as us in their prediction and now the facts are all around us to verify our original prediction.

For the first time, a major global magazine has authored an article that entire city of Dubai could sink.

The below warning at the end of this must read article is quite ominous and correct.

"In other words, unless something changes to help Dubai's economy, the debt problems could sink the city."

JP Morgan: America's Largest Bank: Thy Name Is The Definition Of Duplicity & Hypocrisy

Almost no one trusts bankers in today's world especially the ones working within the banks currently, over the last few years. 

Let's analyze based on information within the last 30 days why JP Morgan, America's largest bank, is the very definition of duplicity, deceit and hypocrisy, almost to the level of cheating and criminal activity.

Last month on 4th of Feb 2019, JP Morgan released a research report for their clients suggesting the following for China's economy: