Evil bailouts breeding evil bailouts! There is no end to it! A two trillion package to bailout the devils in Wall Street! What a shame!
And my God, do you know precisely what the evil bailout plan is? What are the basic terms and conditions? Who are or would be the beneficiaries? Most important of all, how could the evil bailouts help poor guys like you and me?
God show some mercy to our American friends. I simply can't accept why their clever Congress has passed something so evil! No wonder why the stock market has its biggest plunge this year!
As for Hong Kong, I am no player of "the emperor's new cloth." The new evil bailouts will be very bad! Why? Same old reason: the Hong Kong dollar is pegged to the US dollar and when investors withdraw from USD assets, that will be the end not only for USD but also our HKD.
China has no reason to cheer too. Why? We are holding at least 70% of the reserves in USD assets comprising mainly USD Treasuries.
But let's be practical. If you are still holding USD investments, you won't come out to object to such evil bailouts! Why? Self-interest of course. So what can happen is that we must quietly and secretly say goodbye to all USD investments while we applause the evil bailout plans. Sounds immoral, right? Well, I guess this is what has been happening since the first evil bailout plan in Oct last year.
When we have stripped off the shameful USD investments, our American Beauty will stand quite naked! By that time, it will be too late to say Goodbye to USD investments! That's why you see the DOW plunging so severely once the evil bailout plan was passed!
Don't be too clever to think that the DOW tumbled because the two trillion bailout plan won't be enough. The truth is everyone knows that such bailout will never be enough because the beneficiaries are the devils in Wall Street, not USA, not the global economy, not poor guys like you and me.
We all knew from day one that such evil bailout plan won't be big enough anyway. The reason is that even if the size is big enough, it won't turnaround the economy and this must not be allowed to happen, so we must never give anything enough or close to enough in the evil bailout. If the economy continues to fail, at least you should know there may be something more to expect out of the evil bailout plans because it is still not enough! Pure a play to fool us!
God, why are you doing nothing? Why have you forsaken us?
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