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The end of capital – with or without the “ism?” « Getting at the truth

Escape from Paradise, – A Best Selling Book!

The book’s sensational reviews!

It took me two and a half evenings to complete your un-put-downable book…it is a unique contribution to the appreciation of a life in Singapore. Thank you for having written it.” C. V. Devan Nair, former President of Singapore.

Bought the book from Select this weekend and can’t put it down! It’s a great read! And so nostalgic for me—the good old days! Glen Goei, writer and director of the Miramax film That’s the Way I Like It and who played the title role opposite Anthony Hopkins in the London production of M. Butterfly. Mr. Goei’s latest film is The Blue Mansion – Click for the trailer!

It is a remarkable story and so full of intrigue that it reads at times like fiction.Jonathan Burnham, Editor in Chief & President, Talk Miramax Books.

“It’s quite a story The legendary Alice Mayhew, Vice-President & Editorial Director, Simon & Schuster.

This book out-Dallas, Dallas. No one has written so well of the other side of paradise,Francis T. Seow, former Solicitor General of Singapore

ThunderBall Films is successfully putting together the movie production of Escape from Paradise and has received a new LOI (Letter of Intent) from actress Bai Ling who starred with Richard Gere in the film Red Cross.

Buy the Book!

Escape from Paradise – the Promotional Trailer

Mary Bancroft – Master Spy

“I can’t understand what the f–k you are saying.” The voice came from an elderly lady in the back row of my computer class. It was from Mary Bancroft, a part owner of The Wall Street Journal. She is the author of Autobiography of a Spy and was the woman behind the plot to kill Hitler, the lover of CIA chief, Allen Dulles, the lady who invited me to dinner to meet Woody Allen and, yes, Mary Bancroft was my computer student.

Click to buy: https://amzn.to/2V6MOwC


Copyright © 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 John Harding

The end of capital – with or without the “ism?”

In spite of the huge infusions of capital to purchase debt, and now shares, the stock markets of the world continue to plunge. Today, the Dow was down 7.87%. This was the 9th worst percentage loss in one day, for the entire history of the stock market. Twelve more days like today, and the value of the market will be zero – the end of capital.

At 10:30pm, today, the Dow futures are down 1.63%, predicting another bad day.

In Japan, the Nikkei is down 8.92%, on a trajectory to reach zero in 11.25 market days.

So far, we have see, if I may, the end of about half of stock market capital. If the stock markets flame out, then what? No pensions, no retirement, and no stockbrokers for starters.

To stop the burning of stock market capital the United States (and other) are passing out and burning the cash. The crashing markets are proof positive that passing out the cash is not a solution to the financial problem.

Nero now looks like a wise man – he fiddled while Rome burned. The United States and friends are attempting to put out the flames with combustible piles of cash. It just isn’t working

We and future generations will pay heavily for the end of capital – which could lead to the end of that “ism” part of the equation.

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