Saturday, May 26, 2018

The Unholy Trinity Of Credit Ratings, GST And Sharemarket

The west worships the trinity of credit ratings, gst and sharemarket and wants the rest of the world to come on board their faith.

I have always wondered what the hell they are talking about when they talk about credit ratings. Can you really rate a country's credit worthiness? Does it even make sense? Is there a fail proof magic formula?

Hahaha.... read the idiots' own admission

If a country's credit worthiness rating can be bought, as almost anything can be these days, and is a capricious thing anyway, pray tell what is an triple A + rating worth?

The west also shouts from the rooftops of the redemptive merits of the goods and services tax (GST) and wants everyone to wise up to it.

GST is the lazy government's solution to corruption and not working to make the economy tick. Just burden everyone with paying the government for everything they buy or consume. The government shakes it lazy legs and squeezes the pitiable goose. In time, there is no more to be squeezed and the lazy government topples over.

The less talked about sharemarket  the better.

It is time to lay the western trinity of credit ratings, GST and sharemarket to rest and exorcise the (un)holy ghosts.

Hahaha....

No comments:

Post a Comment

Kluang's Little Bangsar

Kluang's Little Bangsar
Click To Visit

Kamini's Indian Wedding - Click To Visit

Kamini's Indian Wedding - Click To Visit
I attended my neighbour's daughter's Indian wedding dinner at the Sentul HGH Convention Centre. Click for a peek

Yasmin Ahmad - Click To Visit

Yasmin Ahmad - Click To Visit
Yasmin Ahmad was arguably Malaysia's best story-teller, filmmaker and advertiser. She was well known for her Petronas commercials and had won numerous international awards including the Golden Lion award for the 'Tan Ming Hong In Love' commercial. Her feature film Sepet not only garnered her several international awards including for Best Asian Film but also drew multi-racial audiences that rarely happens for a local film.

Genting Highlands - Click To Visit

Genting Highlands - Click To Visit
Genting Highlands Is A Popular Retreat With A Casino

Batu Caves - Click To Visit

Batu Caves - Click To Visit
Malaysia's Famous Landmark. Note The Statue Of Lord Muruga And The 272 Steps To The Temple Cave In The Background

Petronas Twin Towers And KLCC Park - Click To Visit

Petronas Twin Towers And KLCC Park - Click To Visit
Petronas Twin Towers Are Still The World's Tallest Twin Towers

Some Early Morning Views Of KL City Skyline - Click To Visit

Some Early Morning Views Of KL City Skyline - Click To Visit
Some early morning views of the KL city sykline I took from the 3rd floor of the KL Court with a low-pixel hand-phone camera

Kluang Town - Click To Visit

Kluang Town - Click To Visit
Kluang was a sleepy hollow, but is fast becoming a bustling town. You can't miss the bust-shaped gunung Lambak lording over the place and the town is well known for its tv brand coffee powder

Kluang RailCoffee

Kluang RailCoffee
The Kluang railway station coffee shop, now re-branded Kluang RailCoffee, is well known for its cuppa of coffee and the charcaol grilled piping hot buns oozing with butter and kaya...It used to attract standing-room only crowds. It still does, but the last time I was there it wasn't a good experience for me. The famous coffee had somewhat lost its oomph and even the buns...The shop has a long and noted history being first opened for business in 1938 and the place is now run by the 3rd generation LIm family. I hope the next time I return, the coffee would regain its oomph. Click to read more...