Monsoon Season gone crazy

An extraordinary monsoon season currently affecting my area with extraordinary rainfall and flood. By the look of the satellite image above, is is terrible. Being in the Crisis Management Center of a district is totally overwhelming experience. One thing for sure. There's always flood victims and there's always opportunist, trying to seek profit out of all this natural disaster by trying to be in the list of the flood victims and receiving helps from the government and the private sector.

Then came the Bumiputra Economic Hit Man

John Perkins' book entitle "Confessions of an Economic Hit Man" struck me by the ideas of doing the same in my line of work of giving loans to businesses. In his version of EHM, he brought down a country into an enslavement by giving out loans worth billions of dollar. Well, me? I can bring down people into bankruptcy with loans worth more than 30k or more. Out of my portfolio, it is a scary thought, imagine out of 50 loans, 40 fail miserably in paying back. That;s 80% failure. To understand more about EHM, please visit the link at the side.