Dear our Zomi Family ,I believe it is time to write part II . I have wrote very much in details since the Worse is about to come .I have thought of trying to write since AUG . after seeing the exposure of Hedge Fund . Sure enough , when I was in Myanmar , I start to hear news of falling of Hedge Fund . I believe now most of us comes to sense on the scale of possible break down .I have put the scale of 50% chance that we will face Global Melt Down , end of Financial System . ........... My Scale ...........20 % Credit Crunch in United State . 30 % Start falling of Hedge Fund .20 % The World realize that Global Depression is coming . Collapse of the World Bank around the World . ( my max scale is 70% ) 30 % Unseen factor that can influence every thing . or turn this 70% risky situation and solve it .... So I put as unseen factor . ........ Hedge Fund ..........I have been telling my friends again and again that , once the news of Hedge Fund comes into picture .... Then the seriousness has started . That is why , I have put a scale of 50% high risk that the Fall is Closer than we thought .if the media start to say , the financial wipe out is coming , then my scale is reach 70% . It is likely that Global Melt down is coming and it would be worse than 1929 .I thought we could have time frame of 2 year to prepare ... but seems , we could have less time or ...( ? ) unless we have our heavy duty clean up on this Financial mess of to save from " Financial Melt Down " .Yes , there is still very small window to clean up the mess , but ............ .. I don't think no one could take the bitter pill .The reason why US Government trying to bail out with 700 Billion shows that , they cannot swallow the Bitter Pill , no body does .We could have save some time to delay the painful process but we are making the cancer more worse .In 1929 , the financial system is not complicated ... Now , it is so complicated , no way to control it , rather than , make it collapse .There is only one way out , you cannot run away from Depth , but yet still , you have to settle your depth with interest . otherwise , the interest rate will kill you or ........ should I say , will make you a his Slave !! @ Lesson Learn from Bible My fellow Friends and Family , Do you recall the Bible where by Israel become Slave of Egypt .First , they are not slave ... they are not born to be Slave . They become strong and hold power and might that cause fare among prince of Egypt to do some thing about it .... They plan carefully to en slave them my friend .As Israeli become ignorant , they gradually slave to the system which is carefully crafted by the Egyptian .I believe , this could only be by means of Financial System that they become Slave .What so different now and those days ... No more different my family .Now , Almost the Whole World is En Slave by the Financial System of Loan , Mortgage , Credit Card .Most American are loosing their land , their business due to their arrogant . Trap in the system crafted by the ELITE of the World to shape NEW WORLD ORDER , ONE WORLD SOCIALISM . It could be the BEAST , the bible says without the Mark of 666 , no one can do anything ...right ?Since every body is so much in the mess and own allot of Debt , it could be the BEAST that will release the Debt and enslave the Civilization ...like What happen in this History of new nation ISRAEL .Let me list down the reason why I have put that we are dangerously 50% chance of Global Melt Down ; 1 ) Hedge Fund The fall of Hedge Fund is serious .Recently we see falling of one after another in day after day ..... Lehman Brothers ,Merrill Lynch , Morgan Stanley and Goldman Sachs Group with AIG and WAMU ( Bank ) . " Hedge Fund " was the name that what US Government trying to avoid expressing it . This is Big problem my friend . Do you know why The Feb are so desperate to save those Big Guys ?Because , The notional Value of Hedge Fund is 7 TIMES the World GDP .Putting the notional Value in terms of dollars , the debt derivatives is USD 400 trillion . 3 TIMES as much as all the TOTAL DOMESTIC DEBTS IN THE WORLD . in the World .So ... How on earth are you going to pay or solve with Money you don't have ??? 3 times over ..! It was been leverage upon leverage . That is why , even 700 Billion is like a drop in the Bucket .This is why , All the Global Financial Sector is in so much desperation to rescue some of the Major Hedge Fund .... Uhm ,,, 2 ) Money Market In this present , 3 trillion of Currency is traded every day . This is the biggest business in the World today . This cash flow define the value of currency today . No way it is possible to control the flow of those huge currency . That is How the currency able to float against one another .if the US Market tremble , this Money Market will tremble ... it is domino effect .Weaker US$ has cost , huge lost in Billion from the European Side .... it slowly eaten the foundation of Financial system such as .... Mutual Fund , Hedge Fund ... securities ..etcif the Financial system break loose , How on earth are they going to handle the Collapse of 3 Trillion ( one Day ) , 90 Trillion ( A Month ) ??you tell me ....? 3) Bailing out 700 Billion was not enough , that is why it will not work In my previous email , I have state that US has Depth problem of 27 Trillion ( 1 Trillion = 1000 Billion = 1 '000 '000 million US ) 1 Trillion = a million million dollarsI was listening at the CNBC News end Sep on one session with Fed Chairman Bernanke meeting with the senate committee , he said the US mortgage depth was 17 Trillion . This 17 Trillion is form the current US Depth 28 Trillion .Simple calculation , even if 35% of Mortgage Depth is the problem causing the fall of economy , then the Credit Crush problem is 6 Trillion . If the problem is more serious than we thought , let say 50% , it would have been close to 9 Trillion dollar problem .Do you think 700 Billion or 0.7 Trillion can solve problem of 6 Trillion or 9 Trillion ?So , knowing the Cancer of 400 trillion from Hedge Fund , The Huge flow in the Money Market .... if impact , Who on earth can control it ?You tell me . ..That is why , 700 Billion is a JOKE .May be 7 Trillion could solve the issue .4 ) We have been in " Recession " few months already ... not only now .... it's just that those country is avoid expressing the scary term Recession .... again and again .. The World is in Recession . ( Extract from CNBC News in Aug 2008 ) ; European Union is in Recession UK Finance minister said they are in Recession Japan Bank said they are in Recession The US has already been in Recession since 2008 Jan .Now , Even in Germany .... They are now bailing out their German bank , the biggest bail out in their History ( 6 Oct 2008 )Singapore stock Crash 5% single day ... 3 years low , Singapore is stepping into recession mode . ( 6 Oct 2008 ) Singapore export fell 18% this year ... biggest fall .( Sep ) 5 ) Un employment Western county like United State , European Country are very much depend on their Government . Some says , it's really a Big Nanny Government .... it is true enough .Feeding their population like a Child , not like in Asia where responsible is upon individual Citizen who take majority role of taken care of them self .Due to the financial fall out , you have read on the news that Un Employment has raise top record . ( US figure ) The economy lost 159,000 jobs in September ( www.forbes.com ) Unemployment is 6.1 % ( Sep ) The economy has now lost 760,000 jobs since January.( www.forbes.com ) Economic Slowdowns will reduce tax revenues to government at every level .it give huge pressure financially on the Government on increase in unemployment . Every 1 % of un employment cost the United State Government 60 - 80 billion to the deficit due to government sending on " entitlement " programs and loss of tax revenue resulting from the economic downturn . Since the United State alone has 6.1% unemployment , that means , the US Government has pilling up of 360 billion - 480 billion debt yearly . So consider the amount of Financial Lost in European country and US off course on the increase and more to come unemployment ? You tell me ..........6 ) Inflation Every Huge Currency pump into the market cause inflation .This is fact no matter what .US Government has so far pump in 1 Trillion Dollar this 2008 alone . This Money Cow need to be feed ( interest ) .The Australia also slash their Bank Interest today ( 6 oct 2008 ) ( Extract from World news )Singapore's annual inflation rate hit a 25-year high of 6.6 percent ( early 2008 ) Malaysia's consumer price inflation soared to a 26-year high 7.7% year-on-year ( Jun 2008 ) European inflation accelerated to the fastest pace in almost 16 years ( early 2008 )INDIA , CHINA .... all of the global sector facing similar Inflation ...Friend , Inflation was now worse than 1977 Asian Financial crisis ... 1997 is just only 11 years ago ... now they say 26 years high in Singapore and Malaysia ... 16 years high in Europe ...so beware . The Inflation is cause by cutting the interest rate to make the liquidity in the market .That is why , the US Green note and all other currency exchange rate is ... surprisingly stable , but the inflation in each country goes up .Don't miss understood by just looking at the Exchange rate of US and other currency .They can make other currency float against the US currency by cutting the interest rate to avoid loosing too much and make the liquidity flow easy in the market . I am sure , Beef in US , Wheat and other commodity will be more higher than this ...if you see the currency against US and other are stable . I am sure Beef will goes up in 2009 . 7) Hit on the Baby Bomber ( There is no security IN Social Security ) The Majority of Population in the World holding Riches right now are the Generation of Baby Bomber .They have been saving for their retirement , ...true that our Government is using up their saving .. look like , they will found out that their saving has been use up . Following are the fact from US Government source ;- 1992 , Social Security retirement benefit check was mail out every day 29 million per hour for a year , total 254 Billion .- 1945 , there were 41.9 person who works for every one Beneficiary - 1950 , there were become only 16.5 person who work - Now present 3.2 person who work for one Beneficiary ( Drop of 92 % ) Majority of World Population more than 50 - 70% are baby boomer , elder . If their retirement is wipe out ... Then What ???Big problem my friend . This Economy has been using up money of their saving .... it is time to pay since most of them is now retiring . ~~~~~~~~~~~ Most of the information I provided above are not been share in the Media .I believe it would be Shock for some ...So , once of the them fall .... they will fall together ............ ... I call it ripple effect ..... once it fall , it will fall like Domino . One advice my family , be wise on your saving and spending . " Cash is Trash " right now ........... But , " Cash at Crash is KING " .... not US$ ... pls research your self which Cash . I am putting my effort to write this report to my fellow family member and my Zomi people to be prepare .I trust our Lord Jesus will protect each and every one of us .Let us not be the victim but be the one who show the Way out for our people and help them in time of Need .
In Love Kam Khan Sum ( Sam )
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