Chuckles of the Day

---

---

---

---

---

---

---

Chart: Gold vs. Inflation

Source : Bond Vigilantes

Charts: Smallest Monthly Increase of Credit Card Debt in March in the U.S. Since COVID

Source : ZeroHedge

Infographic: The World’s Fastest Growing Emerging Markets (2024-2029 Forecast)

Source : Visual Capitalist

The Art of Playful Teasing

Jeffrey Rubin wrote . . . . . . . . .

Teasing is a game sometimes known as bantering, joshing, crackin’, rankin’, playing the dozens, and trash talk. You are judged in part on the quality of your insults and also how well you keep your cool on being insulted.

Even the most mature people may like to play the teasing game, for they enjoy the duel of wits and the occasional humorous comeback.

MATURE VERSUS IMMATURE TEASING

Mature people are distinguished from immature people in this game by their lack of desire to hurt somebody in this game. Their empathy helps them to realize that the smiles and the lighthearted tone they try to set throughout the game sometimes mask real tensions. Thus, they keep their senses tuned to the subtleties of the repartee, and know when to back off when things begin to get too serious.

Less mature people, partly because of their lower levels of empathy, may think that the more awful they can make someone feel during this game, the better they are at it. When the criticizers have themselves been humiliated by other immature people, they may come to be even more motivated to humiliate others as a way to take out their own pain on others.

IS PLAYFUL TEASING REALLY WHAT IS GOING ON?

If you find that you are being criticized and it doesn’t seem to be motivated by a desire to get you to improve, and you’re not sure what else may be the reason, my advice is to first theorize that it’s just some playful teasing. If the criticism is provided with a smile, or by someone you know who likes to tease in a friendly way, you can be pretty sure that it is just for fun. Then, if you reply with a smile and a comment such as, “That’s a good one,” it shows that you can take a little teasing without getting defensive. If you want to take the game a little further, you can throw a friendly insult right back, like “Same to you, fellow.” When you’ve had enough of the game, smiling and giving the other player a pat on the back can be a good way to draw the game to an end.

Sometimes you are not sure if playful teasing is the name of the game. Then you have to be careful about throwing insults back at the insulter. If it turns out that the criticizer’s comments are not meant to be playful teasing, throwing back insults might make the situation worse. Here are some ideas that permit you to play along while providing you time to figure out what’s really going on.

After the first insult, consider responding in a kidding around way by crying, “OH YEAH!?” As you do this, pretend, in an obviously joking around way, that you have become defensive at the insulter’s comment. But then follow up your fake outrage with a broad smile. This shows that you can play along with the insult while, at the same time, you can take a joke.

If the insulter again insults you in a manner that still leaves you uncertain if the person is just teasing, consider saying the following. “It looks like you have some more missiles to send my way. Okay, hit me with your best shots. I already know that you think my nose is too big and my mother is a fool, so there’s no need to bother with those. Go ahead. I can take it.”

Then, if the insults continue, cry out, “Look out! Incoming torpedoes! Mayday! Mayday! I’m going down! I’m sinking! I’m sinking!” Then fall to your knees, and cover up your ears.

All of this allows you to continue to play along without throwing insults back at a criticizer who may not be playing the teasing game. By the time you fall to your knees, if you still aren’t clear about what is going on, get back up and try saying in a concerned, caring way, “Listen, at first I thought you were joking around. Now I’m not so sure. Is everything okay?”

This often leads to the insulter revealing what is actually motivating this behavior. But if the insulter walks away, and then begins to insult you on another occasion, it’s time to go down the list of other desires that motivate criticism.

If you find that the person, or the group of people teasing you are playing the game of teasing in the immature manner—that is, just trying to make you feel as awful as possible—what can you do? I suggest that you just give a quick nod at the comment and then get as far away as possible. Then do your best to stay away from such people.

Now, I certainly realize it is not always easy to avoid a person or a group. Students or bus monitors who ride the school bus are pretty much forced to be confined with a certain set of students for a period of time a couple of times each day. Or the group you want to avoid might be in your classes. As you leave the class you might be stuck walking down the hall with the criticizers. In such cases, when you feel that you have reached your limit of dealing with the put downs, sometimes the following approach is worth a try.

To begin, this approach only requires that you learn to say two words—Please, enough. That’s the easy part. For some, learning how to say these words is the hard part of this strategy.

To use this technique, after two or three insults, say, in a very serious way, rather softly, but loud enough to be clearly heard, “Please.” Then pause for about three seconds while looking firmly into the eyes of each person who has been teasing you. Than say, “e” using the long “e” sound. Then, after another second, say, “nough!” When you look into the eyes of each of the name callers, you are NOT to glare at them in a threatening manner, with your eyebrows pressed to the middle of your forehead. Rather, you are seeking to be firm and very, very, serious.

If immediately after you finish saying this, somebody begins to insult you again, repeat the same words in a similar manner, but this time say it distinctly louder, though just short of shouting. At this point you are seeking to communicate that dire consequences are at hand. You must be firm and look squarely into the eyes of each insulter once again. Then you are to remain very serious while staring either out the school bus’s window or straight ahead where you are walking, but not at any one of the criticizers. You are to remain silent, without talking to anyone, for the remainder of the period you are stuck together, looking the whole time like you are through fooling around and enough is enough!

When the end of the time period that you are stuck together comes, immediately take your stuff and hurry away from the group continuing to look like you are very much annoyed.

The next time you see them, again, turn very serious and silent. If the group members don’t bother you, after a few minutes you can slowly begin to reduce the tension you have created. If the group members again insult you at any time, be silent and serious while again staring out the window or, if you are walking, straight ahead.

The game of immature name calling is kind of like a tennis game. In tennis, if someone hits the ball over the net to you and you refuse to hit it back, people will stop playing with you. Similarly, if someone insults you and you remain silent, often the insulter will find the game too boring to continue.

Although the style I want you to consider comes fairly easy to some, others must learn it with someone who can model the right tone and expression. Some people I worked with over the years found it hard not to put a smirk on their face after they said, “Please, enough!” Some came off as embarrassed while they carried out the technique. If you are not sure how you look while carrying out each step, observe yourself in a mirror. Also run through a role play with a couple of friends or family members and ask them if it looks right to them. Better yet, find out who directs plays at your school. Find out the director’s office hours, and go and explain what you want to learn.

I encourage you to avoid becoming discouraged if you end up botching the performance the first few times you try this during practice sessions. I’ve worked with students that at first kept cracking up throughout the process. Every one of them eventually learned to effectively utilize this technique. Five sessions, each lasting about fifteen minutes, can usually get a shy guy to put together an academy award winning performance.

There are times when those who are doing the teasing are being so cruel and relentless, that the wisest course of action is to inform authorities such as a school principal and the police. This may take courage, but keep in mind that if you remain silent, not only will you continue to be cruelly treated, but so too will others.

Source : From Insult to Respect

China’s Outstanding Personal Mortgages Shrink in Q1 2024

China’s outstanding personal mortgages declined at a faster pace of 1.9% year-on-year at the end of March, as the protracted real estate downturn continues to weigh on demand.

The rate was 0.3 percentage points faster than a quarter earlier, resulting in a balance of 38.2 trillion yuan ($5.4 trillion) at the end of March, figures from the People’s Bank of China (PBOC) show.

Source : Caixin

China’s Gold-Buying Spree Extends to 18th Straight Month

Sybilla Gross and Jack Ryan wrote . . . . . . . . .

China’s central bank topped up its gold reserves for an 18th straight month in April, although the pace of buying slowed in the face of record prices.

The People’s Bank of China has long been one of the market’s largest buyers, steadily growing its bullion holdings since 2022. However, the precious metal’s record-breaking rally since mid-February — with successive all-time-highs reached last month — seems to have dented demand.

In April, the PBOC bought 60,000 troy ounces, according to official data released Tuesday. That’s down from 160,000 ounces in March, and 390,000 ounces in February.

First-quarter purchases by the world’s central banks, led by China, were the strongest on record, according to the World Gold Council. Some market watchers have suggested that gold’s 12% rally this year has been partly driven by mystery buyers among those institutions.

Central banks tend to be longer-term strategic buyers, and bullion-buying by institutions in emerging markets has much further to run, according to Goldman Sachs Group Inc.

“Emerging market central banks drive the gold rush,” Goldman researchers wrote in a note. Bullion holdings are still only 6% of reserves at emerging central banks, half the levels in developed markets.

Gold has also been supported by increased demand from Asian investors, especially in China, where appetite has been sharpened by an underperforming economy and lackluster markets. Heightened geopolitical risk amid conflicts in Ukraine and the Middle East has also bolstered haven buying.

Source : BNN Bloomberg