I used to think like you. But I was dead wrong 

2007-08 USA Sub-prime crisis - the whole world were affected because the US not only sneezed, they got cancer !! Malaysia can't be spared surely. Bubble sure pop this time

2008 - Iceland financial crisis, the beginning of Euro crisis. Whole of Europe very much affected - Europe has sneezed, surely Malaysia will be catch flu. Bubble sure pop this time

2009-2012 Euro crisis. Now it is time Euro got cancer. With USA still in ICU, Malaysia sure die. True enough, Ireland, Greece, Italy, Portugal, Spain, one by one got cancer. And their economy collapsed some even considered bankrupt. They suffered until these days. How can malaysia escape ? Our economy sure kena kaw kaw. Bubble sure pop this time

2013 - Fed's talk about tapering. The whole world panic !! This time sure is "THIS IS IT !!". And SEE !! In October the first tapering started, many countries' currency affected. India, Indo, South Africa, Australia, Brazil, Russia, China and Malaysia. Come liao....finally come liao....Bubble sure pop this time

2014 - currencies stabilised. USA recovers. Euro recovers. Now its China's turn to have crisis. Bubble sure pop this time 
In all of the world crisis malaysia experienced, we faced high winds and tidal waves. Every time new crisis hit the world, I was thinking "THIS IS IT !!" or "BEGINNING OF THE END", or "GROUND ZERO OF WORLD ECONOMIC COLLAPSE". But every time since 2007, nothing much happened to us. But every time, "bubble sure pop this time" will come to mind

When you are a doomsayer, you will always be a doomsayer. Whatever you see and hear, your thoughts will relate it to crisis. And every time these doomsayer misses the boat, yet again

if "worst" really come, UUU will HHH (hold hold hold) until the price up again! you agree or not?

Actually you guys, both bulls and bears, need to think deeper. It's not as simple as it appears from a layperson's point of view.

When there is a crisis in the west, there is a 'flight to quality'. This means liquidity flows out from the affected nations, seeking assets in safer or more high yielding nations. That their citizens and institutions in the West still have tonnes of money, but they simply do not have the confidence to invest their money in their own assets and businesses, and spend it on goods and services in their own country.

When their central banks start to print money in bulk in order to stimulate local spending and investment, even more money flies out, seeking quality and yields. The excess money flowing out of their countries starts a currency war, pushing down interest rates across the globe, making debt cheap and attractive everywhere, even in countries where the economy was still healthy.

So where are these safe places for money to hide? Examples are the "global cities" like NY, London, Paris, etc which were not just unaffected by their domestic crises, and kept rising like nobody's business.

When credit is cheap and easily accessible, any asset whose price is determined by access to credit has a tendency to rise. Asset inflation is an unwanted but acknowledged side effect of monetary easing.

This is why you see property booming in not just Malaysia. You see it booming in India, Indonesia, NY, London, Paris, Australia, Canada, Thailand, South Africa, Brazil, Hong Kong, Singapore, etc etc etc... countries which have little in common when it comes to domestic factors.

China during this period was at the brink of a slowdown, and threw in trillions of Yuan in fiscal stimulus in 2008-2009, jumpstarting the global economy again by creating a lot of artificial demand for commodities. This meant that commodity suppliers like Malaysia were not as badly hit as it should have been. Our two largest trading partners are China, and Singapore who is an even larger recipient of foreign hot money.

A healthy, growing economy is supposed to have high interest rates. However, the presence of global monetary easing and an meant that we had stimulus level interest rates 'forced' upon us, even when our domestic economy was by no means weak thanks to Chinese stimulus.

US tapering was supposed to be the start of the reversal of this trend, but many people overreacted. Tapering is not the withdrawing of the printed money. It was simply the slowing down of the printing of money. The US is still printing tens of billions every month, and will do so until the end of 2014. We don't even know if the US will start withdrawing the money then, and when it will allow interest rates to rise.

At the same time, the end of US money printing coincided with the end of the EU austerity, which would be replaced by EU monetary easing, and also the sudden introduction of Japanese Abenomics. Hence, to a great extent the supply of global liquidity is still kept up by trillions being produced by Japan and the EU.

Now if you told me back in 2008 that you could have predicted that monetary easing by the US would end in 2014 and not 2010, I would call you a genius. If you could have told me that the EU would switch tact from austerity to monetary easing, I would call you a genius. If you could have predicted that Shinzo Abe would start monetary easing as well in 2013, I would also call you a genius.

Everyone else is simply just lucky that things turned out this way. 

if najib dint use our bullets, yes i would agree the price would still go up.
all the big countries are using a lot of steroids.
after 2008 we dint collapse because of China. and we ourselves used a lot of steroids too.
and we are running of steroid shots already.
household debts very high, country debt high, corporate loan high.
Businesses arent doing good. inflation is running wild, cost of living increasing.

just the matter of when it will happen

Won't drop la

ya wont drop if u can hold it.

ah long will wait for you to fail.....they will say like this

so brader, wanna let go or not ar ?
sell me cheap cheap i buy la....

if not bank lelong u go bankrupt and lose everything 

Won't happen la
Flora damansara got cheap stuff

Won't drop la

Actually you guys, both bulls and bears, need to think deeper. It's not as simple as it appears from a layperson's point of view.

When there is a crisis in the west, there is a 'flight to quality'. This means liquidity flows out from the affected nations, seeking assets in safer or more high yielding nations. That their citizens and institutions in the West still have tonnes of money, but they simply do not have the confidence to invest their money in their own assets and businesses, and spend it on goods and services in their own country.

When their central banks start to print money in bulk in order to stimulate local spending and investment, even more money flies out, seeking quality and yields. The excess money flowing out of their countries starts a currency war, pushing down interest rates across the globe, making debt cheap and attractive everywhere, even in countries where the economy was still healthy.

So where are these safe places for money to hide? Examples are the "global cities" like NY, London, Paris, etc which were not just unaffected by their domestic crises, and kept rising like nobody's business.

When credit is cheap and easily accessible, any asset whose price is determined by access to credit has a tendency to rise. Asset inflation is an unwanted but acknowledged side effect of monetary easing.

This is why you see property booming in not just Malaysia. You see it booming in India, Indonesia, NY, London, Paris, Australia, Canada, Thailand, South Africa, Brazil, Hong Kong, Singapore, etc etc etc... countries which have little in common when it comes to domestic factors.

China during this period was at the brink of a slowdown, and threw in trillions of Yuan in fiscal stimulus in 2008-2009, jumpstarting the global economy again by creating a lot of artificial demand for commodities. This meant that commodity suppliers like Malaysia were not as badly hit as it should have been. Our two largest trading partners are China, and Singapore who is an even larger recipient of foreign hot money.

A healthy, growing economy is supposed to have high interest rates. However, the presence of global monetary easing and an meant that we had stimulus level interest rates 'forced' upon us, even when our domestic economy was by no means weak thanks to Chinese stimulus.

US tapering was supposed to be the start of the reversal of this trend, but many people overreacted. Tapering is not the withdrawing of the printed money. It was simply the slowing down of the printing of money. The US is still printing tens of billions every month, and will do so until the end of 2014. We don't even know if the US will start withdrawing the money then, and when it will allow interest rates to rise.

At the same time, the end of US money printing coincided with the end of the EU austerity, which would be replaced by EU monetary easing, and also the sudden introduction of Japanese Abenomics. Hence, to a great extent the supply of global liquidity is still kept up by trillions being produced by Japan and the EU.

Now if you told me back in 2008 that you could have predicted that monetary easing by the US would end in 2014 and not 2010, I would call you a genius. If you could have told me that the EU would switch tact from austerity to monetary easing, I would call you a genius. If you could have predicted that Shinzo Abe would start monetary easing as well in 2013, I would also call you a genius.

Everyone else is simply just lucky that things turned out this way. 

breakfield sentral area shoot up to rm1400psf. fuiyoh.

breakfield sentral area shoot up to rm1400psf. fuiyoh.

Wa...so good oh... then you buy la... keep it because it will shot up to 2000 psft wei....faster buy more   

sound like u sibeh confident can shoot up to 2000 psf.
you deep pocket should fast fast buy before it too late. 

Auction fair coming di....who interested in auction prop lai lai next saturday 24/5/2014 @ swiss garden.. buy some repoed house ya.. bring along bank drafts...

too bad no DP lol.

Of course when your thinking is wrong, yr action is also wrong
Bolehland is the World leader now,
When Bolehland is slightly flu since 2008 (economy not doing well), the whole world already lau sai here an there.....
When Bolehland fell sick in 1997, whole Asia is in terrifying cancer attack
I can't imagine if Bolehland kena cancer...it's a nightmare to the entire universe for sure!!

if "worst" really come, UUU will HHH (hold hold hold) until the price up again! you agree or not?

 

I think this is what the DDD sincerely believe

How do you preceive when these is happening? Treat nth happen and move on.. you stay away from investment everytime you you see this?