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 BNM Cut Rate Again But Not Benefit For New Loan, BNM Cut Rate Again But Not Benefit For N

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icemanfx
post Apr 27 2020, 08:19 PM

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QUOTE(Zwean @ Apr 27 2020, 08:18 PM)
You’re my sifu le.

Please, do go ahead and provide and in-depth analysis on how you made your conclusion.
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You could pulled out Japan price index, sure you could find similarity.
icemanfx
post Apr 27 2020, 08:43 PM

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QUOTE(Zwean @ Apr 27 2020, 08:26 PM)
I want to hear it from you, I want your thoughts, your analysis.

If you can’t come up with an in-depth analysis and comparison of both our economies then you indirectly say you know nothing of the subject.

Do you know nothing of the subject?
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What I foresaw in last few years is more realistic than yours. And what I foresee in near future is also likely more realistic than you. You can believe whatever you wish and I don't intend to change your mind.

QUOTE(jassicaskylpm @ Apr 27 2020, 08:31 PM)

He can’t , if can , he wouldn’t commenting here

sweat.gif are you men coming from Mars ? Comparing 100yrs property loan vs 30/35 years loan
doh.gif  , Japan their economy and culture is different  sweat.gif any facts is same ?

If you so hate Malaysia , why you still here. Oh Gomen'nasai maybe you in oversea now  laugh.gif

I m lazy to continue . Bye for now
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I don't hate this country at all, in the contrary love this country. I am just realistic, practical and not blinded by greed.

This post has been edited by icemanfx: Apr 27 2020, 08:44 PM
icemanfx
post Apr 27 2020, 08:59 PM

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QUOTE(Zwean @ Apr 27 2020, 08:50 PM)
I want to see and know what is realistic.

I want to learn from you, so unless you can give us all here an in-depth analysis of the similarities of both our economies prior to the Japanese crash of 1992 and Malaysia in 2020.

You concede that you know nothing on the subject matter.
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Reality is in the market and economy. If you need to show intestine to prove is the stomach, you are unworthy to learn.

This post has been edited by icemanfx: Apr 27 2020, 09:02 PM
icemanfx
post Apr 27 2020, 09:03 PM

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QUOTE(Zwean @ Apr 27 2020, 09:02 PM)
There you have it guys. This guy knows nothing.
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Time has proven and time will prove again.
icemanfx
post Apr 27 2020, 09:14 PM

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QUOTE(Zwean @ Apr 27 2020, 09:06 PM)
Indeed.
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Thank you.
icemanfx
post Apr 27 2020, 09:55 PM

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QUOTE(ManutdGiggs @ Apr 27 2020, 09:18 PM)
Air Asia ava 😜😜😜
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QUOTE(Zwean @ Apr 27 2020, 09:38 PM)
I know right.
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Next few years will be interesting time for poorperly market. Those were swimming naked will be revealed.

This post has been edited by icemanfx: Apr 27 2020, 09:56 PM
icemanfx
post Apr 27 2020, 10:13 PM

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QUOTE(Zwean @ Apr 27 2020, 10:04 PM)
It’s ok.. I got underwear pakai.
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Good for you.
icemanfx
post May 5 2020, 12:21 PM

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QUOTE(Ckmwpy0370 @ May 5 2020, 11:56 AM)
is it consider biggest  rate cut for the decade?

https://www.thestar.com.my/business/busines...d-25bps-in-july
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Mean economic outlook is worst in the decade.

icemanfx
post May 5 2020, 04:16 PM

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QUOTE(Ckmwpy0370 @ May 5 2020, 03:47 PM)
at this, it is good for borrowers, cash out, stock market
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Low interest rate is meant to encourage investment and spending. However, if interest rate is below inflation rate will erode purchasing power, less amount available for future investment, spending, etc, and risk tipping the country into deflation.

wealth is created from productive work; wealth created from debts is unsustainable and will eventually collapse.

This post has been edited by icemanfx: May 5 2020, 04:28 PM
icemanfx
post May 5 2020, 06:40 PM

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QUOTE(Zwean @ May 5 2020, 05:02 PM)
Low interest rates does not cause deflation.

Deflation causes low interest rates.

Low interest is a product of deflation, used as a tool to drive consumption, spending and lending to spool up the economy resulting in inflation.
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This may be on your economic book but not happened in reality like Japan.

By your definition/book, the country is going to or already in deflation stage.

This post has been edited by icemanfx: May 5 2020, 06:49 PM
icemanfx
post May 5 2020, 07:57 PM

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QUOTE(Zwean @ May 5 2020, 07:21 PM)
This is literally economics 101

Edit: there are many things that can lead to lowering interest rates. This is just one of the probable cause. As we can understand from the current outlook it is not caused by deflation.

You have nothing positive ever to say about anything no matter The outcome.
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That is your economic 101. Perhaps you should add economic 102; when supply > demand, price will drop. One could only defy gravity temporary, and long term equilibrium always prevail.

Not everything is pessimistic. Actually, there are many opportunities outside the coconut shell. Unfortunately, those inside the coconut shell couldn't and unwilling to see.

This post has been edited by icemanfx: May 5 2020, 07:58 PM
icemanfx
post May 6 2020, 12:33 AM

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QUOTE(Zwean @ May 5 2020, 08:18 PM)
We were talking about interest rates and its relationship with deflation.

Don’t switch the matter at hand to deflect the fact that you still need more to fully understand.
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The facts remain economic outlook is bleak for next few quarters.

the perfect storm will be when myr depreciated sufficiently to cause inflation e.g over 50% of foods are imported.

This post has been edited by icemanfx: May 6 2020, 12:43 AM
icemanfx
post May 6 2020, 01:19 AM

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QUOTE(Zwean @ May 6 2020, 01:00 AM)
So I guess you missed the news that fed rates are close to 0?
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You think u.s fed almost zero rate and unlimited qe could turn around u.s economy like previous economic recession? Do you realize bnm has significantly less tools and rooms than fed.

This post has been edited by icemanfx: May 6 2020, 02:18 AM
icemanfx
post May 6 2020, 10:32 AM

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QUOTE(Zwean @ May 6 2020, 08:00 AM)
No I wasn’t relating it to turning around the recession.

Read again.
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If u.s fed couldn't turn around the recession, could bnm?
icemanfx
post May 6 2020, 11:10 AM

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QUOTE(ManutdGiggs @ May 6 2020, 10:53 AM)
US got hit badly by subprime when malai props was preparing to fly 😊

It's not entirely apple to apple comparison but it somehow related. Just the effect differ.

A silly comparison. Superman can fly n captain America kenot fly but both saved the world.

Soli ya cmco tokok a bit.
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Until today, many still don't realize kv property bull run 2011-2014 was a fallout from u.s. qe.

every economic recession is different; tools and methods to resolve is different too.

QUOTE(Zwean @ May 6 2020, 10:54 AM)
Try to keep up with the matter discussed without deviating.
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the economy and poorperly market will be in doldrums for a few years. until overhang is reduced substantially, price will remain suppressed.

This post has been edited by icemanfx: May 6 2020, 11:11 AM
icemanfx
post May 6 2020, 01:24 PM

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QUOTE(zack.gap @ May 6 2020, 12:19 PM)
Explain why US QE would affect our property prices and specifically KV in particular? Your correlation seems off to me.
You’re assuming the government will sit on their hands while property market is stagnant?

If I told you that they’re gonna lower RPGT as well as create HOC v2 in 4Q2020/1Q2021 where do you think property market will be heading?
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Guess you are late to the game or living inside the coconut shell. have explained qe thingy numerous time before and tired to repeat again.

whatever it is, until overhang is reduced substantially, price remain suppressed.

This post has been edited by icemanfx: May 6 2020, 01:25 PM
icemanfx
post May 6 2020, 03:33 PM

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QUOTE(zack.gap @ May 6 2020, 02:39 PM)
LOL I call BS. I've seen your posts around here and its all half-assed to be quite frank from a macro/micro perspective, including your QE argument.

To everyone else reading this, property prices increased from 2011 till 2014 purely because of property speculation. BNM introduced DIBS/DIRS in 2009 which reduced buyer's progressive payment/downpayment for undercon project but increased overall price of unit which drove surrounding prices up (hence why KV properties were main beneficiaries).

In 2014 Budget, BNM disallowed this practice hence market cooled ever since. Nothing related to QE AT ALL!
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You have conveniently ignored easy credit and low interest rate was a fallout of u.s qe.

icemanfx
post May 6 2020, 03:56 PM

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QUOTE(zack.gap @ May 6 2020, 03:40 PM)
lol now I know for sure you're talking bull. BNM hiked up rates 3 times in 2010 and again once more in 2011.

For your bloody reference https://www.bnm.gov.my/index.php?ch=mone&pg=mone_opr_stmt
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You can believe in whatever alternative facts you wish. the facts remain, property price trend in last few years has been consistent with my view.

icemanfx
post May 6 2020, 04:11 PM

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QUOTE(Zwean @ May 6 2020, 04:04 PM)
Yer... people present with facts leh not their beliefs.
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QUOTE(zack.gap @ May 6 2020, 04:08 PM)
Don't need bother bro. This one I make full presentation also no point. Everything is 'aLtErNaTiVe FaCtS' unless it aligns with her own beliefs.
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The reality and facts remains property price trend in last few years has been in consistent with my view.

This post has been edited by icemanfx: May 6 2020, 04:13 PM
icemanfx
post May 6 2020, 04:53 PM

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QUOTE(Zwean @ May 6 2020, 04:45 PM)
Already used to it, sometimes I reply just to show newbies here how knowledgable and educated she really is.
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It is a no wonder herd members end up either in slaughterhouse or over the cliff.

This post has been edited by icemanfx: May 6 2020, 04:54 PM

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