Second thought

Aper laa masalha dia nih..berdendam ngan aku ker aper,aper aku buat sume ko nak tembak..kalu skali takper lagi..arituh aku buat..ko siap perli2 aku..tau laa gua budak baru..tau laa ko dah lamer...benda kecik pon nak kecoh...kalu 1 preso teruk salah format tak pe laa gak...tapi kalu laa nak tau..preso tuh aku pakai yg dulu nyer...zaman sebelum aku masuk nyer preso..aku just copy&paste jer..kalu aku salah..makna nyer org sebelum nih laa yg salah...pastu kalu nak marah2..diminta guna akal dulu...cari saper punca..aku just buat mengikut aper yg telah di beri kan..or tuh bagi camtuh..camtuh laa aku buat...such pre-mature thinking...OMG..susah siod keje ngan org camni

Worrisome economic approached by CHINA

On May 11, China's stock market slipped into official bear market territory so quietly you'd think it was no big deal. The Shanghai Composite Index fell 1.9%, putting it down 21% from its Nov. 23 high.
What's next? Predictions fall into two diametrically opposed camps.
More on the People's Bank of China

There are the China bulls, like old China hand Mark Mobius of Templeton Asset Management, who see the bear market as a buying opportunity. Stocks in the Shanghai index now trade at 20.2 times the trailing 12-month earnings. That's cheap compared with a 49.5 price-to-earnings ratio for the market at the October 2007 high.

And there are the China bears such as GloomBoomDoom.com Publisher Marc Faber, hedge fund manager and short-seller Jim Chanos and Harvard economist Ken Rogoff, who are all expecting China to crash in the next six to 18 months.

Why the extremes of opinion?
Because China is trying to execute a maneuver that almost no country or central bank ever gets right. Beijing is trying to:
* Slow its economy, which grew at an annual rate of 11.9% in the first quarter of 2010.
* Control inflation, which grew at a 2.8% annual rate in April and threatens to run out of control.
* Deflate a bubble in assets such as real estate, which saw prices grow at a record 12.8% annualized rate in April.
All of that without crashing its economy or its financial markets.
The Federal Reserve hasn't been able to pull off this kind of move. The European Central Bank doesn't even try. So why, the bears ask, with good reason, should we think that China can?
 
Because, say the bulls, China is different. Its state-controlled economy gives the government and the People's Bank of China vastly more control than any government or central bank has in the more-free-market economies of the developed world. And that will let the government thread the narrow path between slowdown and bust.


My opinion? It's not only too early to tell whether Beijing can deflate its bubble without crashing China's economy, but we're only just entering the really, really dangerous period when Beijing could actually make a mistake big enough to cause a crash. A crash in China's controlled economy and financial markets wouldn't be anything like a crash in the United States, of course. A company or an entire industry in China is bankrupt only when the government says it's bankrupt. But even a controlled China-style crash would be very painful for investors.

I think the trend in China's stock markets is still downward, even if the bulls prove ultimately correct, as the Chinese government tries another round of fixes. In my opinion, investors will get a buying opportunity in China this year at prices below current levels, even if China doesn't crash (whatever "crash" means in the Chinese financial system). I'm advising building some cash so you'll be ready to take advantage of that opportunity but keeping that pot of China cash on the sidelines until you see how the story comes out over the next few months.

Hitting the brakes -- and failing


Here's what we know about this bear market so far:
The story to date is pretty straightforward. Chinese financial markets and China's economy have been bending gradually under pressure as the Beijing government tries to fight inflation and slow real-estate and stock market speculation without tanking the market or the economy. The steps to date have been frequent but small. For example, the People's Bank has raised reserve requirements three times this year, most recently May 3. Banks in China are now required to keep on reserve cash equal to 17% of their loans.

Add to that restrictions on second and third mortgages, limits on how many houses a family can buy, warnings to banks about uncollateralized loans, lower lending quotas and higher yields on money banks leave on deposit with the central bank and you've got an impressive series of measured steps to slow lending, speculation and the economy.

Trouble is, these measured steps don't look like they've had much effect. China's rate of increase in real-estate prices in April was its highest on record. Overseas money continues to flood into China as investors and speculators bet on continued fast growth in the Chinese economy and a revaluation of the renminbi. Foreign direct investment rose in April for the ninth month in a row at a 25% annual rate. Bank lending slowed, but banks still extended $110 billion in new loans in April. That, if continued, would put bank lending on a path to $1.3 trillion for 2010. That's disappointingly close to the record $1.4 trillion in new loans in 2009 that the government had vowed to reduce. - Jim Jubak worrisome

Humour of The day

Humour of the day....


1. There are 3 Male and 1 Female pencils in a box.

The Female pencil got pregnant !!

Which Male pencil is responsible?

THE ONE WITHOUT THE RUBBER.



2. Woman in bed with husband's best friend, phone rings! 'YES'.. OK, BYE'.

She turns to her lover and says,

THAT'S MY HUBBY, SAYS HE'S NOW GOLFING WITH YOU.



3. Three Roosters: normal, retarded and a gay.

Normal : cock-a-doodle-dooo !!!

Retarded : doodle-cock-a-dooo !!!

Gay : any-cock-will dooo !!!



4. Three Guys were introduced to a girl.

Hi,...... I'm Peter, not a saint.

I'm Paul not a POPE.

I'm John not a Baptist...

The girl replied.. Hi.. I'm Mary, not a VIRGIN.



5. Girlfriends are appetizers. Tastes good at any time.

Mistresses are Tomyams..Hot and spicy. Eaten frequently.

WIVES are Maggie. Eaten when there's nothing to eat.!!!



6.. Income Tax office asked a Prostitute why she puts her occupation as CHICKEN FARMER.

She replied: I RAISED 5,000 COCKS LAST YEAR.!!



7. Yesterday's News :- A nun jogging at Jogger' Park was raped by 4 guys.

Today's News :- Nearly 100 nuns found jogging at the park

Drunken FoolS

Two men are drinking in a bar at the top of the Empire State Building. One turns to the other and says: "You know last week I discovered that if you jump from the top of this building- by the time you fall to the 10th floor, the winds around the building are so intense that they carry you around the building and back into the window." The bartender just shakes his head in disapproval while wiping the bar.


The 2nd Man says: "What are you a nut? There is no way in heck that could happen."

1st Man: "No, it's true let me prove it to you." So he gets up from the bar, jumps over the balcony, and careens to the street below. When he passes the 10th floor, the high wind whips him around the building and back into the 10th floor window and he takes the elevator back up to the bar.

The 2nd Man tells him: "You know I saw that with my own eyes, but that must have been a one time fluke."

1st Man: "No, I'll prove it again" and again he jumps and hurtles toward the street where the 10th floor wind gently carries him around the building and into the window. Once upstairs he urges his fellow drinker to try it.

2nd Man: "Well what the heck, it works, I'll try it." So he jumps over the balcony, plunges downward, passes the 11th, 10th, 9th, 8th floors and hits the sidewalk with a 'splat.'

Back upstairs the Bartender turns to the other drinker:

"You know, Superman, you're a real jerk when you're drunk."

Thing that are difficult to say when your drunk

THINGS THAT ARE DIFFICULT TO SAY WHEN YOU'RE DRUNK:

Indubitably
Innovative
Preliminary
Cinnamon

THINGS THAT ARE VERY DIFFICULT TO SAY WHEN YOU'RE DRUNK:
Specificity
British
Constitution
Passive-aggressive disorder
Loquacious
Transubstantiate

THINGS THAT ARE DOWNRIGHT IMPOSSIBLE TO SAY WHEN YOU'RE DRUNK:
Thanks, but I don't want to have sex
Nope, no more booze for me
Sorry, but you're not really my type
Good evening officer, isn't it lovely out tonight
Oh, I just couldn't. No one wants to hear me sing

Dating Is complicated ( issues #45)

Dating someone? Well great! Send your craziest, funniest, most embarrassing dating related stories to me at dating.itscomplicated[at]gmail.com



I took my now exes virginity and also got an STD from her. Solve that riddle.
-Ben

My girl has been traveling Africa for 4 months now - we used to see each other a lot - so obviously i have a lot of spare time on my hands. I just reached the end page on failblog today... i have to much spare time...
-Anonymous

My girlfriend thought I hacked her Facebook account because I posted a link on her wall I thought she'd like. I had to apologize...
-Matt

I graduated college last fall. To this day I'm still hearing about guys who've slept with my ex-gf. She goes to college 6 hours away…
-Anonymous

One time my ex and I went out for dinner when one of the diners nearby started choking. I immediately jumped up and did the heimlich successfully, and everyone in the restaurant cheered. My ex didn't say a word and on the way home accused me of not paying attention to her. WTF...
-Anonymous


As broke college grads both my girlfriend and I live with our parents. It's about 10pm, we're hanging out together on the futon in her mom's basement watching whichever movie on tv. As usual we don't get through even the first ten minutes of the movie before we start making out and getting frisky. Feeling like its late enough for everyone to be in bed, and the upstairs having been silent for half an hour we risk it and finally get naked. We're about 15 minutes into the action, things are really heating up, lots of lip biting, a little moaning and some futon-frame-creaking - when out of nowhere we hear a flurry of footsteps from the second floor. SHIT. We both freeze the cowgirl. Our hearts race. Silence. More silence. We exchange nervous glances. Shall we start again? NO! The lights flash on in the basement. SHIT SHIT SHIT SHIT! Another flurry of footsteps down into the basement - Now I'm pretty sure we defied the laws of physics as we both soundlessly teleported off the bed, flipped up and laser-beamed under the covers, and absolutely fucking light-speeded into an innocent looking spooning-under-the-covers, watching-a-little-tv scene. Milliseconds later my girlfriend's sister walks by INCHES from the futon to turn off the lights on the fish tank. She casually does her thing, says goodnight in a somewhat awkward tone and returns to the upstairs leaving us to think that she had no idea, that we were quite the deceivers, all the while giggling at how sneaky and ninja-like we were. It is then that we notice we left ALL our clothes: jeans, shirts, boxers, bra, panties - RIGHT beside the futon, RIGHT where her sister had to walk by - TWICE. We've since told everyone that we'll take care of the tank lights.
-Anonymous


So a few months ago I was hanging out as my girlfriend's house. We have always been able to have sex in her room without her parents saying anything about it. About halfway through, her dad texted her saying 'can you keep it down? I'm watching lost and you are making a terrible soundtrack.' I am still scared to do it there anymore.
-M.Y.

I've been an avid reader of these posts for a while now and really enjoyed them, my favorite being 10 points for Gryffindor. I told my flat mates about this and as we were all single we decided to take this 10 points for Gryffindor to a higher level. So we bought giant test tubes and these plastic crystals, now every time one of us gets laid we put a couple of the crystals in the test tubes. So far 80 Points for GRYFFINDOR!!!
-Doug

The other day my girlfriend asked me if Wayne Brady used to be in the Brady Bunch.
-Andre


next time i'll post issue #46 why dating is complicated