Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
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  • 73. open letter to Sundar Pichai, Sergey Brin & Mark Zuckerberg on proxies, caches and ip addresses
  • 72. open letter to Sundar Pichai, Sergey Brin & Mark Zuckerberg on auctions
  • 71. the tyranny of the turks
  • 70. formulae for Pythagoras Theorem
  • 69. A parallel processing theorem for machine and robotics control
  • 68. Angela Merkel should be nominated for the Nobel Peace Prize
  • 67. Why does the church not want the Ten Commandments?
  • 66. designing web sites with reponsive html and global variables
  • 65. We cannot block hackers anymore
  • 64. Books & e-books for sale
  • 63. Comparison of indices DJI, S&P 500, NYSE, NASDAQ and interest rates
  • 62. Predicting the NASDAQ trend from 2016 to 2020 and the S&P 500 from 2017 to 2022
  • 61. Forecasting the NYSE and the DOW Jones Industrial for 2018 to 2022
  • 60. my letters to the prime minister during the 1997 Asian Financial Crisis
  • 59. The way forward
  • 58. Wake up Israel it is time
  • 57. The Calling of the Lord
  • 56. Congratulations President Trump on the bombing of the Syrian military base
  • 55. President Trump and the 7 muslim nations
  • 54. Cure for diabetes and neropathy nerve pain
  • 53. Thank you President Barack Obama
  • 52. Healing from ankle and knee joint pain with stem cell products.php
  • 51. Congratulations to President Trump
  • 50. Obamacare
  • 49. High cost of insurance premiums
  • 48. Past predictions and the price of gold
  • 47. Save the children
  • 46. Sino Russian world war and the end of America
  • 45. The Lord Gods blessing and generational curses and gays lesbians
  • 44. Slowing economic growth
  • 43. False teachings in the church in Malaysia
  • 42. Banking problems in Malaysia with AmBank
  • 41. Banking problems in Malaysia
  • 40. Historical-performance-of-my-commodity-price-prediction-charts
  • 39. Major changes to the earths continents to occur if Israel is divided
  • 38. Block hackers bad bots scrappers stop ddos attacks wordpress blog sites
  • 37. China starts world war 3 with rampant piracy and bullying smaller nations
  • 36. Powerful nontoxic insecticide used in my kitchen for exterminating ants
  • 35. Soybean prices forecast chart 2013 2014 2015 2016
  • 34. Palm Oil price trend prediction 2012 2013 2014
  • 33. NYSE Composite Index prediction of 2015 Bull Run
  • 32. Brent-crude-price-forecast-2012-2013-2014
  • 31. Congratulations-President-Barack-Obama
  • 30. Indian stock exchange nifty index prediction chart
  • 29. Soybean prices commodity chart prediction for day traders and others
  • 28. Huduh is not for malaysia and the errors in huduh
  • 27. My rapeseed commodity chart prediction useful for day traders and others
  • 26. Problems problems and more problems
  • 25. stock chart signals and price action patterns - by Steve Sollheiser
  • 24. Malaysian property prices and the property market
  • 23. Malaysian population growth and Malaysian property prices
  • 22. False teachings of the muslim terrorist
  • 21. The alternative technical analysis for commodity and stock market analysis
  • 20. Malaysian property price, bubble and crash in 2012
  • 19. The basics of stock market, forex, commodity and financial economy models
  • 18. Gold price and business opportunities
  • 17. US Economic recovery and growth part 4
  • 16. US Economic recovery and growth part 3
  • 15. Gold price forecast trend chart 2011 2012 2013 2014 2015 2016
  • 14. US Economic Recovery and Growth Part 2
  • 13. US Economic Recovery 2009 2010 2011
  • 12. How to predict gold price trend 2011 2015
  • 11. Malaysian property prices and the property bubble
  • 10. Distribution of Wealth Model and Supply and Demand
  • 9. Gold price forecast 2011 2015
  • 8. Explanation of inflation and model of inflation hyperinflation
  • 7. Approximate silver price trend prediction chart june sept 2011
  • 6. how to predict stock and commodity trends
  • 5. Causes of economic crisis recession and high inflation or hyperinflation
  • 4. What is inflation and how to manage inflation
  • 3. Making sound investment decisions
  • 2. forecasting commodity and stock market trends
  • 1. Dr. Peters Loan Calculator
  •  
    « The way forwardForecasting the NYSE and the DOW Jones Industrial for 2018 to 2022»

    My letters to the Prime Minster during the Asian Financial Crisis of 1997

    KLSE Composite Index chart

    The begining of the crisis was March 1997 when the KLSE peaked at around 1270. It fell to below 302 by September 1998. The many senior politicians were in a terrible panicky state as the whole country was collapsing around them and they did not know what to do. It was then that I began to write to the Prime Minister. When you read my letters you will know that I :-

    1. wanted to differentiate the activities on the ground from the financial system in the stock market so coined the term 'Real Economy' as - Letter 2.
    2. calculated the Malaysian Ringgit to stablize at RM3.80 to US$1 - Letter 4.
    3. advised that the price of proton cars should be lowered by 15% to 20% to initiate Demand for cars and get the economy moving again - Letter 3.
    4. asked the government to increase the period before a loan was classified as a Non Performing Loan (NPL). At the time of writting I thought that this period should be increased from 3 months to 2 years.
    5. explained that the banks should bring the interest rates down as they were too high and high interest rates would only create more business failures which would result in a further collapse of the economy - Letter 4 & Letter 2.
    6. published, in August 1998, a chart predicting the KLSE Bull Run until 2001. This is the first public demonstration that commodity and stock markets trends could be predicted by upto atleast 2 years ahead - Letter 7.
    7. had an error in Letter 10 but I have corrected for this in my Doctoral Thesis.
    8. published the prediction for the Nikkei 225 - Letter 9.
    9. Showed how D(z) compensator could defend a stock exchange against vicious attacks by speculators - Letter 10.
    10. explained that money is like water - this is a very important concept. Wherever the river flows plants flourish like wise wherever money flows businesses & plants (factories) flourish. An arid land is not productive or fertile as nothing can grow on it. Without the availability of water plants cannot flourish likewise money has to be avaible to keep Demand going so that the economy can flourish and prosper - Letter 2.

    These letters were probably the reason Malaysia did not need IMF help. Worst still the IMF was proposing increasing interest rates which would have destroyed the economy.

    By the way my letters were photocopied and circulated to many people. I know this because I met people who could quote my letters.

    By 2000 or 2001 my PC hard disk crashed and I lost a lot of work. I do not know if I lost other letters to the Prime Minister. The letters that I have reproduced here are those that I managed to recover from the crashed hard disk. The rest is history.

    I have reproduced the letters at http://drpetersnews.com/pmletters/



    This article was written by Dr.Peter Achutha on 1st January 2018.
     


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