Sunday 30 October 2022

Bank Negara caught in the eye of the US 3.5 trillion dollar : Margin Call!!!

is a song from the Michigan based emcee Prox Centauri, who has been active in the music scene since 2019.


CHINA and Japan collectively own some US$2 trillion worth of US debt papers, while the rest of Asia including Malaysia collectively own some US$1.5 trillion worth of US debt papers.  READ : Biden’s Asian Bankers Mull $3.5 Trillion Margin Call.

Money never sleeps,
Wide-awake, Gordon Gekko
This that game
We'll give it to you free of charge
Data plan unlimited, 
We ain't taking Margin Calls

BASICALLY, what this means is Asia, including Malaysia at this point of time cannot afford to to detach itself from the interest rate hikes taking place in the USA. To destabilise, the USA at the point of time , could tank the Asian economies to smithereens READ : Bank Negara Poised For Another Round Of Interest Rate Hikes