All the significant security threats we face today,
whether it's password phishing attacks,
hacking of servers,
compromised accounts...
Blockchain solves those problems.
What it does let users do is take back ownership of their data.
More and more these days, we see that data security is being compromised.
People want to know like,
what their information is being used for,
and how do you track it.
When you type something into Google,
they know what you're typing and they know when you're depressed,
they know when you're happy and they sell you data on the back of that.
Now, is that alright? Is that fair?
These are the questions that blockchain is going to answer for.
The challenge was extremely difficult technically,
because it's not you know, your pop theme.
It's security and privacy.
I think what this has done in terms of takeaways from the event for participants is
firstly bring to life the data security and privacy issues,
but more interestingly, like, the application of how you go about solving those.
We think that the success of the blockchain,
its technology lies in the applications that are built on top of this technology.
Blockchain technology can help improve security and data protection because it's a decentralized system -
No single organization can control the data.
It removes a need for trust.
It is extremely important to have that layer of transparency and full control.
Any industry that involves trust,
Blockchain technology will revolutionize.
It can be encrypted and it cannot be modified.
So to be able to control your own data, maybe monetize your own data
and not belong to one centralized Silicon Valley company is just becoming more and more important.
It puts the control back into the user's hands.
Blockchain, as a universal technology applies to all businesses that have a multi-user website.
It's going to fundamentally transform cyber security,
making people's identities and accounts more secure.
A long term thing is blockchain becomes like the word "internet" -
It holds something special and just becomes a part of the language,
it'll be in a dictionary, everyone will understand that's just the way it goes.
Like breathing air.
For more infomation >> How Can Blockchain Help Improve the User Security and Privacy? - Duration: 2:22.-------------------------------------------
PNM helping people who can't afford to pay bill - Duration: 1:33.
For more infomation >> PNM helping people who can't afford to pay bill - Duration: 1:33. -------------------------------------------
You Can Be An Angel S3 你也可以是天使3 EP1 - Duration: 45:59.
OK, everyone, let's gather here for a roll call
Thanks for volunteering
We're usually in the wards
It's good to be out once in a while
That's right, we're here to promote...
better health, better living, better life,
a healthy lifestyle
(Ow Foundation Charity Archery Championship)
Easy does it
Where's the toilet, nurse?
It's quite a distance from here. I'll take you there
Sure
Sister Yap, can you give me a hand?
What's happened?
What's going on?
Spread out! Attend to the casualties
Hello! Can you hear me, sir?
How is it? -Get him out, quick
His hand was over his chest. I suspect he had a heart attack
Hello, sir -Hello, sir
Can you hear me, sir?
Sir
Step aside -Sir
Hello, are you OK?
No pulse. Let's move him out
Where's the pain? Is your neck OK?
Easy -I've sprained my ankle
Your ankle? Here? -Yeah
Open airway, jaw thrust
1, 2, 3, 4, 5
1, 2, 3, 4...
AED is here. Continue CPR
15, 1, 2, 3, 4, 20
On the count of 3. 1, 2, 3
1, 2, 3, 4, 5
1, 2, 3, 4, 10
1, 2, 3, 4, 15
1, 2, 3, 4, 20
1, 2, 3, 4, 25
<i>Analyzing heart rhythm</i>
Stop CPR
<i>Do not touch the patient. Shock advised</i>
Stay clear. Delivering shock
<i>Start CPR</i>
Continue CPR
1, 2, 3, 4, 5. 1, 2, 3
Congratulations
This guy has met with an accident
Yes, all the casualties have been sent to Ai De Hospital
It's quite serious
When did it happen?
Half an hour ago
Where's Ms Xia?
Pulse present, breathing present
Sister Sarah, isn't it your day off?
I heard there was a serious accident, so I rushed over
I've informed Sister Mary
What is the situation like?
12 casualties were brought here
Three are undergoing surgery for severe injuries
The rest are at P2 waiting area
OK, Get on with your work
I want my dad -Don't move
Shush -I don't want any jab
I'll just take a second
No -Ben
What are you doing here?
We happened to be at the scene when the accident took place
I want my dad -Be good, Kayleen
I don't want any jab -Don't move
What's your name, girl?
Kayleen
Hello, Kayleen. I'm Sister Sarah
Do you feel any pain anywhere, Kayleen?
My legs are painful, my arms are painful
I don't want any jab
Let me show you a magic trick, Kayleen
If you don't take the jab,
your thumb will come off
You don't want it to come off
OK, here's another magic trick
Put your right hand over your left hand
Look, focus
It's done. So good. Well done, Kayleen
It was supposed to be a free health screening
But at the end of the day, everybody was screaming
Precisely
I volunteered to show my support for Handsome Oppa, Mr Yuen,
and to get close to him
yet this had to happen
You didn't see enough of him in the hospital?
Mr Yuen is an APN (Advanced Practice Nurse)...
who's reliable and poised
No wonder he's so popular among the female nurses
So rude
She's complimenting another man in her husband's presence
It's a fact Mr Yuen is a hunk
He was so brave at the scene
I was scared out of my wits
You were? But you looked calm to me
That's because you guys were around
If I were on my own, I'd have panicked
However terrified you were, you'd still have attended to the casualties
It's a nurse's instinct
Thanks to everyone's effort,
we could reduce the number of casualties to the minimum
Keep it up
Mr Yuen, you're still around?
I'm not done with my work yet
Thanks for stepping in to help, everyone
All the casualties were treated in time, and their conditions have stabilized
What about the driver?
He underwent a heart operation and is out of danger
He's now in the ICU
He owes his life to the two of you
They lost no time in breaking the car window
The situation was dire
But Sister Wong didn't panic. In fact she acted fast
Keen to join the CCT (Community Care Team)?
You want me to join the Community Care Team?
Our hospital is expanding our community care services
We're conducting an internal recruitment drive
Your experience and ability to react fast...
render you the perfect candidate for a team leader of CCT
Working in the community is different from working in a ward
Change is not a bad thing
A new environment means a new endeavour
You'll learn different things
But I've always worked in a ward all these years
I know everything like the back of my hand
It's not a bad thing to accept new challenges
Take the two of us for example
We're getting out of our comfort zone to study in the UK
We don't know if we'll be able to adapt
But you won't know unless you try
Don't worry, Sister Wong
You don't have to give me an answer right away
Think it over
I will. Thanks
What brings you here, Mum?
Are you all right?
I saw the news
You were at the community club, weren't you?
Did you get hurt?
I'm fine
I'm glad
Hungry? I'll go and cook
Don't bother. Let's eat out
I've bought the ingredients
I'll just fix something simple. It'll soon be ready
I'll give you a hand
Ruojun
I don't understand your mindset
You and Ah Mu haven't even been married for two years and he had to be away
Can't be helped. It was a golden opportunity for him
I didn't want him to give it up
He'll just be spending two years in Shanghai
Before we realize it, he'll be back
But he didn't come back even when he had the time
Instead, he visited the child he sponsors in Cambodia
He's too much
Cambodia has been hit by a typhoon
The village the child lives in was flooded
He had to fly there as he was worried
I'm healthy and living in comfort
There was no need for him to visit me
I can't outtalk you
But I can't help feeling our house is too quiet
Your sister has gone to Melbourne to study...
and will only be back in six months
Mum, a colleague told me...
the hospital is expanding its community care services
He asked me if I was keen to join them as a team leader
Did you agree to it?
I said I'd think it over
I've always worked in a ward
This will be an entirely new environment for me
I'm afraid I might not be able to cope
You will. You've so much experience
You also think I should take on a new role?
Your sister switched to home care...
and loved it, didn't she?
You'll also get to go overseas...
to do community care courses
If you want to try something new,
I'm all for it
Got it
Are we there? -Yes
OK
So many balloons. Are they free?
Surprise
Thank you for throwing this farewell party
Thanks for coming, Sister Sarah
This is also a welcome party...
to welcome Sister Sarah to Ward C11
Thank you
This is also to welcome her?
They're so fickle in their affection
What did you expect then? -Precisely
We're celebrating because we're finally rid of you
It's not funny
But then, I've treated you guys well
You're going to miss me
What a spread. No present?
It's the thought that counts
Never mind about him. Let's dig in
Excuse me?
Let me teach you
Offer this to Sister "Salah" who's new here
Please
Here, Sister "Salah"
XYZ, will you miss us?
Who? You?
No
What about me?
Who are you?
The only person I'll miss is Big Sis
But I know I can leave without worries...
since you'll be...
under Sister Rainy Day (xia yu tian)'s charge
Xia Yutian
I know it's Xia Yutian (tian - sweet); it can't be Xia Yuxian (xian - salty)
Now, Rainy Day,
there are a few people you've to look out for
She's one of them
Her name is Mandy (slow)
She's indeed a slowcoach
This is Pingping
She loves to exercise her mouth...
by eating...
and gossiping
What a thing to say about me
Any problem?
And these three little pigs...
are new staff nurses...
who just passed the six months' probation
If I were you, I'd keep a close eye on them
I will, thanks
I'm Ray Li Yingjie. Please give me your guidance
Hello
Sister Sarah, I'm Zhu Xiaorou
I'm Yuan Kai
Nice to meet you
Mr Yuen is his uncle
I know. He's mentioned you
I bet he spoke ill of me
He only told me you're his nephew...
and asked me to observe your strengths and weaknesses
Let me introduce myself too
My name is Jin Siyan -Hello
Let me tell you
This swallow (yan) is fully fledged
She even won an award
So you need not worry about her
She'll fend for herself
I'm going to miss your lame jokes
Are they that lame?
Sorry
You're here at last
Why are you so late?
I'll be taking over Xinni's patients
She told me about their conditions and the things to look out for
Did she rattle on and on?
Sorry, my wife is quite long-winded
No. She's careful and observant
I'm in charge of CCT,
and won't spend so much time at the clinic
So her tips will be helpful
Hear that? He has a way with words
So do I
Listen good. Our dear Sister "Lock up"...
is pretty with a heart of gold
She finds it hard to say goodbye to her patients
How's that?
You'll just be away for two years
Leave everything to the rest
It's hardest to say goodbye to you guys
Nursing is about teamwork
I'm really happy to have you to shoulder the workload...
and share my weal and woe
The parting is only temporary
We'll be awaiting your return
Mr Xie
Do you have anything to say to us?
We will be back
Let's dig in
I scored 7 in the first five shots...
before I got a 9 in my sixth attempt
I was that close to the bull's eye
Surely you could've done better?
You got distracted by some hunk
Certainly not
I'm not as good now because you no longer coach me
You must get well soon...
so you can teach me again
I've not been practising either
How I wish I could stand under the sun...
and shoot again
You will be able to. Don't give up
Got to go to work. I'll come and see you again
Rest well
How are you feeling today?
Same old, same old
Does your back still hurt? Do you feel nauseous?
If you're busy,
you don't have to visit me every day
It's break time for me
What's the use of visiting me?
I'm not going to get well
Come on, Eve
I know I can't share your pain
I can only give you moral support,
and face it together with you
Why do I feel that...
it's luckier to be your patient than your girlfriend?
I get more concern from you
Sorry
I'm tired
I want to rest
Have a good rest then
(Six years ago)
Are you all right, miss?
It's a little painful
Come
Let me take a look
Bear with it
Apple and carrot, less ice, right?
Thanks
I met Eve's sister, Ada, before I went into the room
She was very upset
She told you about Eve?
Eve's kidney function has dropped further...
to 10%
Her prognosis is very poor
Dr Lau suggested that I speak to Eve about her preferred care plan
Shall I do that instead?
Her condition is getting worse by the day, yet there's nothing I can do
Despite her young age,
she had to undergo a transplant because of acute kidney failure
But organ rejection set in. And she can't go for dialysis
You've done all you could, Ben
Ever since you found out about her illness,
you've been taking care of her,
and studying all the possible treatments she can receive
You've done your best. Don't reproach yourself
It's my fault
I didn't notice that Eve was sick
It wasn't your fault
Don't blame yourself for everything
I didn't do my part as a boyfriend
I don't blame Eve for breaking up with me
When we were dating,
I did so little for her
I want to do more
Trust me, Ben. You're doing great
Don't push yourself too hard
Thanks
What brings you here?
I came to visit someone
Qiaomei of bed 9 is an old classmate of mine
If I hadn't come here,
I wouldn't have known your facilities are so advanced now
Everything is computerized
It's even on wheels
This is called COW
As in "cow"?
COW, short for Computer on Wheels
Sister
No matter how the environment has changed,
our jobs are still important
Sister Lilian, have you forgotten?
Sister Tay taught us that
Ruojun? Wang Ruojun?
Long time no see
I'm really happy to run into you
Sister Wong, you know my aunt?
Sure. Sister Lilian and I were nurses of ward 18
She was two years my senior,
and took care of newbies like us
She's your aunt? Small world
Indeed it's a small world
You're a nurse manager now
You're in the same ward as Yutian?
Do look out for her
Sister Sarah is capable,
and a nurse clinician at that
She doesn't need me to look out for her
Sister Sarah, Mrs Li of bed 5 complains of breathing difficulties
Get on with your work. I'll catch up with you another day
See you -OK, bye
Bye
They're late! How dare they make me wait
Hello, where are you guys?
The nerve of you to trick your chief. You're itching for a beating
Sorry
We're over here, Chief
Let's go, Mummy
What's the matter?
Someone bumped into me. It hurts
Who could be so careless?
It's that guy with a tattoo on his back
I should think he's a hooligan,
and those are his underlings
Why are you late?
We went to get some paint
You should've done it earlier
I bet he's a loan shark
He's getting those boys to go somewhere to splash paint
Terrible
That won't do
You can go to jail for being a loan shark's runner
I'll remind those boys not to be used by him
Leave them alone. We might get into trouble
Let's go home -But...
What is it, Mummy? -I've got a muscle cramp
I'll carry the things
Let's go home
Go
Be late again and I'll kill you
Please, Chief
Hi, Sarah
What are you doing here?
I got your address from the organizer
You left without collecting your cert and souvenir the other day
I'm here to deliver them
Thank you
Bye
I know this is a little abrupt,
but I really want to be friends with you and get to know you better
My boyfriend will be here any minute
I don't want him to get the wrong idea
You're so pretty
I'm not surprised that you're spoken for
But I've faith in myself
Give me a chance to compete fairly with him
Don't say anymore. It's impossible between us
My Rainy Baby
Your Sunny Boy is here to pick you up
This is my boyfriend, Sunny
Brandon
Did you ask...
my Rainy Baby...
to give you a chance to compete with me fairly?
When you want a chance, you fight for it
I'm not one who concedes defeat easily
Come again? I didn't hear you
When you want a chance, you fight for it
Perish the thought
Don't let me see you again
Do you miss me, Rainy Baby?
OK, that's enough
That's enough
Kicking me aside already?
I wouldn't dare
Your timing was perfect
You helped me once again. Thanks
I'll do anything for my Rainy Baby
Stop it. Stop calling me Rainy Baby
Oh, my Rainy Baby
I'm your Sunny Boy
Crazy fellow
I'll do anything for you -Stop it
I'll kiss you, hug you, love you...
always
I see, that guy was hit by Cupid's arrow...
which Sis shot at the charity archery championship
Hello, it was no Cupid's arrow
If you don't fancy him, reject him
Don't keep using Ah Boy as a cover
But I'm macho
My presence speaks more than her words
Don't get me started
You're always in a singlet
Do you want the world to know you've a tattoo on your back?
Well, the weather is warm
Let's dig in
But, Sis,
you're getting better at "archery"
You can direct your arrow at me instantly
I mean you well. Remember what your occupation is
Don't make a bad first impression
Got it
The food is great today
Here, Lilian Baby
You're in high spirits
I visited someone at the hospital today and ran into an ex-colleague
Sister Wong?
We had no time to catch up with each other
But she reminded me of the days we worked together
It's been 15 years
I can see that you miss your job very much
In order to take care of Grandma and Mum who were sick...
back then,
you had to quit to work at a private clinic with fixed working hours
The doctor you're working for is retiring
You can go back to the hospital
Good idea
Hospitals are no longer like the old days
Everything is computerized and the equipment is all high-tech
I don't know how to use it
Given my age,
I'm afraid I might not be able to adapt
Why should you worry?
My Lilian Baby is a paragon of intellect
A bright person like you will...
pick up anything instantly
You and your flattery
I mean it
You've been working in a specialist clinic for the past 15 years
You didn't lose your touch
I'm sure you've a lot of experience
Working shifts may disrupt your daily routine,
but they have the flexi-hour system
Look at it this way
We'll be able to go shopping and have high tea...
minus the crowd, isn't that good?
The two of you went on and on
I know where you're coming from
Rest assured I'll give it some serious thought
Yours
So many letters
Are you doing your rounds?
Do I pass?
Not too bad
You haven't told me where you'll be working at
It's a surprise
What are you busy with?
Sister, you're not just making your rounds
You even want to know what I eat and wear,
where I go and what I do
I'm being concerned
I'm old enough to take care of myself
The fact remains that I'm your sister
You're hardly at home these days. What are you up to?
I got to know a group of teens recently
It's their school hols, and I happened to be on leave too
So we played soccer and chatted
And I did something meaningful today
Oh? What did you do?
You don't trust me at all. I'm so sad
Time's up. The patient needs to rest
Go away -So rude
Go away
Stop it
Goodnight
As our population ages,
our demand for healthcare services goes up
That's why our hospital is expanding our community care system...
to lower the chances of patients getting admitted again
Our duties at CCT consist of four areas
The first is education
We organize community activities...
to promote healthy lifestyles and raise health awareness
The second is health screening...
and managing Community Nurse Posts
Community Nurse Posts are stationed in the heartlands...
to facilitate consultation...
so that residents may get early diagnosis and follow-ups
The third is home care
I'm familiar with that
It's to make home visits and phone calls...
to take care of patients who are recovering,
and help patients with high risks manage their conditions
The fourth is providing hospice care for the terminally ill
What is my job scope as a team leader?
Besides handling cases of home care and hospice care,
you'll also need to be a coordinator and give your team guidance
We need a Nurse Manager with a lot of experience like you...
who can work independently to lead our team
Thanks for sharing the jobs of CCT with me
Everything is under control at the wards
But a community care nurse faces all kinds of situations
You've to act independently
It's a different challenge altogether
Therefore...
I'll give it a shot
Thank you, Sister Wong
I'll submit your name to the management
Sister Wong, I look forward to working with you
I look forward to the new job too
Let's take your body temperature
Hello, Sister Wong
Siyan, I heard you've applied for CCT too
Yes. I've always been keen on community care
But I'm applying only now as I want to gain more experience at the ward
I don't know if my application will be successful
Your performance has been excellent the past two years
That's why you won the Florence Nightingale Medal
I've faith in you
I was only doing my part
The award came as a surprise
But I'm really happy about it
Do you channel all your energy to work...
because you're not seeing anyone?
Sister Wong, why are you asking the same question as my mum?
Sister Wong, Nurse Siyan, I'm back
Why are you warded again, Mr Fong?
The same old ailments -
headache, breathing difficulty, and swollen feet
Mr Fong
Nurse Lee, Nurse Choo
We meet again
Mr Fong, you got discharged just three weeks ago
Did you not take your meds as prescribed?
Yes, I did
Let me wheel you to your bed
Sure, thank you
Nurse Lee, my back and my feet are itchy
What are you doing here, Aunt?
Looking for me?
I'm meeting a friend -Who?
It's me
Sister Wong? Oh yeah
I wanted to catch up with her
Sit down -Sure
We chatted about many things
There was Nurse Manager Sister Tay...
who looked like she was about to devour us
She was very strict with young nurses like us
But she cared a lot about us outside working hours
It was all female nurses in our ward then
We were as close as sisters,
and we helped and encouraged one another
How I miss the days we worked together
We had so much fun
In that case, why not come back to the hospital to work?
She's afraid she can't adapt as she's been away for too long
Not to worry
There's the Return-to-Nursing programme
Nurses who have left the hospital for more than five years...
can apply to go for a course...
to reacquaint themselves
They'll also receive subsidies
Yutian has told me about it
But I didn't give it any serious thought
Aunt, I'll send you a link
It contains the application details and other info. Make sure you read them
It's set. I'm waiting for you
We'll be waiting for you
Give me some time to go through everything before I decide
All right
Sisters, have you seen Mr Fong?
Why?
He needed the toilet and I assisted him
But when I came back, he was gone
He was nowhere to be seen on the entire floor
Don't worry, we'll look for him together
Mr Fong's feet are swollen. He couldn't have gone far
And he likes to have many people around
He's probably chatting with someone in some ward
Let's split up to look for him
I'll go with you
How old is Mr Fong?
He's in his 60s, and sports short hair and a moustache
Don't worry so much
We had a patient missing in our ward too
We looked everywhere for him
Turned out he fell asleep after smoking at the rooftop
Oh yeah, you said you were a nurse too the other day
Yeah, but that was more than a decade ago
I used to work here too
Were you at the children's ward then...
and everybody called you Sister Lilian?
Yeah
Bingo
You've found him? Where is he?
I mean, I've found you
Me?
I was only 9 then. It was the first time I was hospitalized
The doctor who examined me was fierce, and I was scared
But the nurse who attended to me was gentle
She made me feel safe and warm
I was the nurse?
I couldn't get to sleep as I was feeling unwell
I even threw up
You took care of me all night
After I was discharged, I made a card and wanted to give it to you in person
But when my parents brought me back to the hospital,
you'd left
It happened too long ago. I don't remember anything about it
Could you have made a mistake?
Certainly not
It's OK if you don't remember it so long as I do
Thank you
Sorry
I got carried away
We really found him this time
Mr Fong
Where did you go, Mr Fong?
I ran into an old friend, Wang
We chatted and I lost track of time
Sorry
Sorry
Thanks, Sister Wong, Sister Sarah
Inform the nurse administering medication that Mr Fong needs his medicines
Stay in bed, Mr Fong
If you need anything, press this button to summon a nurse
OK
Does Mr Fong get admitted often?
You know him very well?
You're new in our ward, so you don't know about his case
He was diagnosed with COPD (Chronic Obstructive Pulmonary Disease) three years ago
He's often admitted for breathing problems
Even more so for the past one year
We see him almost every month
We should study his case closely
There might be other reasons for his frequent admission
Yingjie was a patient I looked after more than ten years ago
He's a big boy now and has even become a nurse
He actually remembers me
You're the reason he became a nurse
Me?
He's a healthcare scholar
He did very well in his A-Level exams...
and was eligible for all the courses
But still, he chose nursing
I believe it had to do with his hospitalization experience
In a ward,
nurses are the people that patients come into contact with most
They know patients very well...
and bond with them
Agreed?
My job at the clinic is only to register patients
When the doctor examines patients, I just help out a little
And sometimes, I've to remind patients to come back for follow-ups
That's why you often say your job is monotonous
It's neither challenging nor satisfying
So how?
Come back
You and Ah Boy are right
My mind is made up. I'll go back to the hospital to work
Really?
Really?
But that means...
we'll become colleagues, Sister Sarah
You must guide me along
Of course. Welcome back
I must tell Sunny Boy the good news
Did he say where he went? Is he coming back for dinner?
He took a call...
and went out right after even without changing
He said he'd be home late and asked us not to wait up for him
What? Not again
Why is he always not around?
He doesn't tell us where he's going
Hello, what do you want to eat? I'll buy it for you
Sure. See you later
Make way
Sorry
Stop running
Stop running
No, Chief -Come with me
I surrender, Chief
Where's the money?
There isn't any
Where is the money?
This money is for...
I dare you to do it again
Don't push your luck
Why did you take my money, lady?
Your money? You're bullying him
Is he collecting protection money from you?
Did you make a mistake?
You wish
It's OK, I'm here. Don't be afraid
Is this your money?
Yes, it's mine
Where are you going?
Why did you stop me? I must go after that fellow
I had to stop you
I despise people like you who are able-bodied but...
bully and make use of teens
You've got it wrong
You're doing him harm
Me, doing him harm?
I've no time for explanation. A life is at stake
Why are you following me, lady?
If you're so free, go home to watch TV
I'll decide what to do with my time
Suit yourself. Follow me if you want
But please keep your mouth shut, OK?
Where's the money, fatso?
Fatty Da owes me money, Sunny
Don't get me started
You taught him to bet on soccer
You even tricked him into making a bet
In order to repay you, he actually stole from someone
I didn't force him to gamble. Not my fault that he lost
It's only right that he pays me back since he lost the bet
Right, Sunny?
Don't take that attitude with me
Are you not going to pay me back?
It's you, Sunny
What's the problem? Let me solve it for you
Who's not paying back?
Ask your man
I'm not in the wrong. He lost the bet, so he should pay up
I didn't tell him to steal or rob someone
Who's that filming us secretly?
What are you filming?
Evidence of your crime. I'm calling the police
Don't do that
Delete it
I said delete it
Give me your mobile
You already put it under a running tap
No need to apply lotion
Ointment for scalds or antiseptic cream is a must
The area might get infected otherwise
You're so strange
You called me a bad guy
So why are you helping me?
Be it a good man or a bad man,
he should receive medical treatment if he's injured
Sorry to have brought this on you, Chief
Really
You should've got me to repay your gambling debt for you
Why steal from your boss?
Good thing he informed me instead of calling the police,
or you'd be doomed
What should I do now? -What do you think?
I've returned the money to your boss for you
You'll pay me back by instalments
Thanks, Chief
And you, please don't make assumptions and...
look at others with a jaundiced eye
Are you saying I got the wrong idea about you,
and you're actually a goody two shoes?
It's not just me
Kun and Black Chicken aren't bookies either
They're only gambling among themselves
If you call the police,
he'll get into trouble
I followed you all the way to the coffee shop
Why didn't you explain it to me?
You're self-opinionated
You already concluded that I was a villain
My explanation wasn't going to get through to you
So why bother?
Look who's talking
What made you think I wouldn't believe you?
Not breaking the law...
is no proof that you're a goody two shoes
I don't wish to explain further
Anyway, thank you
I believe I won't be so unlucky as to run into you again
Let's not cross our paths again
I hope not either
Bye-bye
Did you go to outer space to buy the food? You took ages to come
Don't even ask. I ran into a guy
A hunk?
A punk
Spare me the details then
Stop playing with your mobile. You'll get indigestion
I just downloaded a dating app
You can find kindred spirits by inputting the things you loathe
Quite interesting
You said there were a few eligible guys in your company
Why do you still need this app to make friends?
It's for you
I signed up using your profile and photo
Many guys are keen on you
How could you, Fu Wenhui
Delete it, now
It's just for fun
You're so focused on your work that you're losing touch with the outside world
No harm making more friends
Use your own profile if you want. Don't get me into trouble
I told you I don't wish to date anyone
I'll wait for the right person to appear and observe him
I'll accept him when I'm sure he's the one
Mind you don't become a spinster
I'm not worried at all
If the right person doesn't appear,
I'd rather die a lonely old woman
Morning, Sister Wong
Morning
Morning, Sister Wong -Morning
You're early
Morning, Sister Wong -Morning
Hello, I'm Jin Siyan
Hello, I'm Wu Peiying
Hello, I'm Rania -Hello
We've got one more person coming?
Here he is
Good morning, babes
Sunny Boy is here
Subtitles: S Lin, Mediacorp TV
-------------------------------------------
Can the €URO surpass the DOLLAR? - VisualPolitik EN - Duration: 14:19.
The EURO is to currencies what TINDER is to Apps: everybody loves to criticise it but…
at the end of the day, a lot of people you wouldn't expect end up using it.
I'm sure many of you have heard economists and experts of all kinds making predictions
about the end of the single European currency.
The best thing Germany could do for Europe is quit the single currency – but it won't
Larry Elliott for The Guardian
"The euro is a patently flawed construct, which its architects knew at the time of its
creation" –George Soros
Nevertheless, the reality is way different.
In fact, the EURO is the second most common worldwide reserve currency.
And at the end of this video, you'll see how it might not be far from being the first.
Think I'm going nuts?
Definitely not!
Look, one third of the International trade uses the EURO as its exchange currency.
20% of the reserve currencies from central banks are denominated in Euros.
And many other countries also issue debt in this currency.
But this is not the end of the story!
If you follow VisualPolitik every week, you already know that Donald Trump is putting
lots of tariffs on international trade…
So what does this mean?
Think about it!
If Americans are going to buy less stuff abroad, there will be fewer dollars in circulation.
Then again…
Who's signing free trade deals with every mother's son?
Exactly!
The European Union!
They have already passed a treaty with Canada, the so called CETA.
But this is not the only one!
In the last two years, Europe has reduced tariffs with Japan, Mexico and many other
countries.
In other words, the more Europeans buy abroad, the more EUROS there will be in circulation.
This means there could be a moment where instead of having ONE hegemonic reserve currency…
we might have TWO: the US Dollar and the Euro.
OK, OK, I know what you're thinking now… and what good does this do?
Is it really useful for Europeans to have the EURO as the hegemonic currency?
Well… yes and, at the same time… no.
If you're watching this video from any EU country and, let's say, you have a company,
having the EURO as the World's reserve currency won't help you all that much.
But… if you're working for a European Government…
Boy, you are really feeling lucky!!!
If there's a big demand for euros, the European Central Bank will have a bigger margin to
print money without devaluing it.
Anyway, we talk about this in our video about the dollar.
If you haven't seen it yet, there's a link in the description.
Now the big question is…
Why is the Euro more popular than any other currency?
For example… why the Euro and not the Chinese Yuan?
Why are so many economists so critical of the euro?
Today, we are going to answer these questions, but before we do, let's take a look back
at history.
EXISTENTIAL CRISIS
During the 70s, European countries were happy to trade with each other.
Although there was no European Union back then, there was something very similar, the
so-called COMMON MARKET.
Nonetheless, there was a problem.
Each country had its own national currency.
And each currency worked in a different way.
For example, the German Mark was strong and stable.
But the Italian lira was devaluing every other day.
So imagine this situation.
You work for a German bank and you lend 1 million liras to an Italian company.
In this moment, a million liras are worth 1000 German marks.
But when it's time for that Italian company to give you back the money, the Lira has been
devalued.
So, even if you get 1 million liras back, when you exchange it to your local currency,
you only get, say, 900 german marks.
A hell of a business transaction!
Isn't it?
OK, so in order to avoid this, the European politicians met in a room and… well…
…apparently they tried something… pretty strong.
They came to an agreement called the... snake... in the... tunnel.
So, well, the snake is kind of a methaphor for the currency fluctuations... right?
Because... you know, currencies go up and down like a snake.
So, if you don't want the snake to go crazy... you...
make a tunnel, right?
This way... the currency doesn't fluctuate.
Well... look my dear viewers: this was the 70s, a crazy time were Bob Marley was still
alive and bellbottoms were trendy.
So did this snake in the tunnel agreement work?
Of course not!
During the 80s, European currencies went up and down like a... drunk snake in a very wide
tunnel.
This is why, decades later, European politicians met again in another room.
This time it was 1992 and this agreement had a more proper name: They called it the MAASTRICH
treaty.
And in this one, they got really serious and said:
Let's not fuck around!
We will create a common currency for all.
No more exchange rates, fluctuations, or bullshit...
What?
What do you say, Great Britain?
You don't want in?
OK!
Great Britain!
You can go fuck yourself with your sterling pound, your five o'clock tea, and your driving
on the wrong side of the road!!!'
And this is how a three step process to create a single currency started.
In 1999, all the EU stock markets started listing in Euros and, later on, European citizens
started using the new coins for their daily trades.
Now we all have gotten used to hearing about Euros like any other normal currency.
But make no mistake, back then, it was an unprecedented financial experiment.
And... this is how the first critics came up.
Europe exemplifies a situation unfavourable to a common currency.
It is composed of separate nations, speaking different languages, with different customs,
and having citizens feeling far greater loyalty and attachment to their own country than to
a common market or to the idea of Europe.
–Milton Friedman And now you might wonder…
What is the problem with a single currency?
That's easy.
If we have a single currency, that German bank we talked about before, will have no
problems lending money to an Italian or a Greek company.
So what happens, then?
Well… since there is no currency risk, German banks, having a lot of money, lend it to poorer
Italian, Greek and Spanish companies.
All of a sudden, rich countries started investing in poor countries like there was no tomorrow.
And yes, yes, I know what you're thinking now…
Where's the problem, then?
Well, the problem comes with the crisis.
Banks must take bigger losses on Greek loans, says German finance minister
Basically, the Southern European economies are poorer and weaker.
When there's a crisis, their companies are the first ones to go bankrupt.
So if companies can't pay their debts back, the banks can go bankrupt too.
This is what we call the RISK OF CONTAGION.
This explains why, during the 2008 crisis, so many politicians and economists suggested
abandoning the Euro.
Many of them talked about the creation of two different EUROS: one for the wealthy countries,
solid and stable, and another for the poor ones.
One that could be severely devalued.
Nonetheless… today, the EURO is still alive and kicking.
Why?
We'll see right now.
LONG LIVE CHAOS!!!
Critics are right: the European Central Bank, also known as the ECB, is a modern day Babel
Tower.
It works similarly to a country's government.
The current president is a man named Mario Dragui and the executive board is something
like the executive power.
But we also have a legislative power: the Governing Council.
This is where you have representatives from all the Eurozone countries.
There's one from Spain, one from France, Germany, Slovenia… well, all the countries
that have the euro as their currency.
These guys are the real decision makers.
They decide whether to raise of lower interest rates or print more or less money.
But before they do, they have to reach an agreement.
And this is where the problems start!
The Southern European countries want to print more money but their Northern neighbours don't.
Since they can't come to an agreement, it's almost impossible to make drastic decisions.
This is all true and the problem is…
(((LOOK AT THE CAMERA FOR 4 SECONDS IN PURE SILENCE)))
… ahm… well…
Where is the problem?
I mean, where is the problem in having a currency that cannot be devalued because those who
are in charge of printing it don't agree with each other?
Isn't this a strength?
We talked about this thousands of times on VisualPolitik.
The best currency is the strongest one.
If the value of your money doesn't change, there is low inflation and you can do your
shopping without being afraid of losing your money.
You can start your tech company because you know you can invest long term.
And you might wonder now… but is the EURO that stable?
Well… look at this chart!
Here you can see a comparison between the monetary supply, the so called M2, of the
ECB and the American Federal Reserve.
Can you see how they go hand in hand?
In less than 20 years, the EURO has become as solid as the American Dollar.
In fact, Europeans have already forgotten what inflation even is.
For a better understanding, the American Federal Reserve has two main goals: keeping inflation
low and keeping unemployment low too.
The European Central Bank, instead, has just one goal on their agenda: monetary stability.
And, so far, they have achieved it!
So yes, we can say that the EURO is as solid and abundant as the USD but… could it be
even more solid and abundant?
Well… the answer is yes.
Today, Eurozone has around 320 million inhabitants… almost the same as the United States.
But despite the European economy being poorer than the American one, the eurozone can increase
as long as new countries join it.
In the last 10 years, 6 new countries have adopted the Euro as their currency.
And, despite the political climate not being very in favour of it, Poland of the Nordic
countries might end up using it at some point.
If this wasn't enough, there are many other currencies that are linked to the EURO.
Do you remember this other video where we talked about the French colonies in Africa?
There we said how countries like IVORY COAST and SENEGAL have a common currency called
the CFA FRANC.
This currency is linked to the EURO.
And we're talking about more than 150 million people in emerging economies.
In other words, with so many people using EUROS in their daily lives, there are enough
coins out there to make it easy for any company to get them.
But, OK, now you might be thinking…
Yes, Simon, a lot of people are using Euros but… you know what other currency has a
lot users?
The Chinese Yuan!
Also known as the RENMINBI.
It's becoming more and more in fashion nowadays… so…
Why are we gonna use EUROS and not RENMIMBIS?
Well, we'll see why right now.
YUAN'S FLAWS
You're right!
China is full of Chinese people!
And those Chinese people use YUANS, also known as RENMIMBIS, for their daily transactions.
This means high great demand for this currency and lots of notes and coins in the market.
At first glance, this should be enough for the YUAN to become an international reserve
currency, right?
Well… there is a problem…
China puts US$15,000 annual personal cap on overseas bank card withdrawals
Yes, you heard this right: China does not want yuans to leave the country.
This is why they put lots of capital controls in place.
In other words, finding yuans in the international market is not an easy job.
In fact, China wants to avoid Chinese businessmen taking Money out of the country.
Hence, the Chinese People's Bank has lots of restrictions.
And, as you can imagine, in a dictatorship like the Chinese one, it's hard to believe
in the independence of their central bank.
In other words, if Xi Jimping needed to, he could change the Governor's bank and start
printing money at will.
Don't believe me?
Do you really think a political system doesn't affect a currency?
Oh, come on!
You should watch our video on Turkey.
There you'll see what happens when you mix authoritarianism and economic crisis.
Meanwhile, it's your turn.
Do you think the EURO can become as important as the dollar?
Or maybe we'll see a brand new crisis destroying the European single currency?
Please, leave your answer in the comment section below.
Also visit the reconsidermedia website, they are the podcast that provided the vocals in
this episode that were not mine.
And don't forget that we publish brand new videos every week so hit that subscribe button
and click on the bell icon so you will always have a notification when we publish a new
video.
If you liked this episode, give us a like, share it with your friends and, as always,
I'll see you next time.
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How a Democrat can win in Trumpland: 'The dirt poor will eat the filthy rich' - Duration: 11:52.
For more infomation >> How a Democrat can win in Trumpland: 'The dirt poor will eat the filthy rich' - Duration: 11:52. -------------------------------------------
Man Can't Get Enough of BOTH Sisters (Full Episode) | Couples Court - Duration: 16:55.