Old Fart's Latest: US Recession Won't Hurt Asia

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">confuze <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Feb-21 10:18 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">Sikodolauka <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (13 of 20) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7671.13 in reply to 7671.12 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>OK from the horses' mouth
Lee Kuan Yew: US Recession Won't Hurt Asia
Singapore (dpa) - Buoyed by bustling growth in China and India, Asia will not be "unduly disadvantaged" if a recession hits the United States, said Singapore's Minister Mentor Lee Kuan Yew Sunday night.
"I believe this may be the first time where the US economy catches a flu and we are not going to catch influenza - I hope," the city-state's founding prime minister said at a Singapore Airshow leadership dialogue.
The Chinese and Indian economies are unlikely to dip below 8, 9, or 10 per cent growth, Lee said. While 40 per cent of intra-Asian trade is bound for the United States, even if the US cuts its imports by half, Asia would not be too badly hit.
Focusing on the aviation industry, Lee said he was confident Asia will continue to soar. With new airports being built and more people taking to the skies, Lee forecast "enormous growth in Asia in the next 10, 20 years, more in Asia than in any other part of the world."
He was more sceptical on liberalisation going forward. Countries that are not doing so well will want their flag carriers to grow stronger first before they open up, he said.
Citing some progress, he noted that by December, the Association of Southeast Asian Nations (Asean) will lift all restrictions on flights between capital cities.
ASEAN includes Singapore, Thailand, Malaysia, the Philippines, Indonesia, Brunei, Laos, Vietnam, Cambodia and Burma.
The six-day Singapore Airshow featuring the giants of the manufacturing industry starts on Tuesday.
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[The_Latest_H]

Are you sure this is the latest stuff out of his mouth? I tried to google "Lee Kuan Yew" just now and I can't find this article. This speech from the Air show could be possibly from last year's show- and if so, it was way before Lehman Brothers broke the camel's back.

Of course, if it was before Lehman crashed last September, people like LKY wouldn't have realised.

On a sidenote, if its indeed recent, then I think he really doesn't know what he's talking about. But note the word, "if".

 

[snrcitizen]

If indeed he said this recently, it looks like he is still in his "Golden Period" dream.

 

[funglung]

That old bastard slimey piece of shit Lee Kuan Yew should be locked up in prison with the key thrown away.

If not that, then rotten LKY should be thrown into old folks home in JB




GO ALL OUT TO KICK ALL THOSE BASTARDS OUT

ALL OF THEM

DO NOT WAIT UNTIL ELECTION TIME
THE TIME TO ACT IS NOW!

TALK TO YOUR FRIENDS AND YOUR RELATIVES.

SUPPORT OPPOSITION PARTIES WITH YOUR TIME AND MONEY AND STAND BY THEM AND WITH THEM.

THEY SPEAK FOR YOU AND TRY TO SPEAK FOR YOU.

NOT LKY AND HIS BASTARDS IN WHITE WHO ONLY WANT YOUR MONEY AND TO FUCK YOU.


IF NOT FOR YOURSELF, THEN FOR THE FUTURE OF YOUR CHILDREN

THERE WILL NOT BE AN OBAMA AS PRESIDENT OF USA IF THE CIVIL RIGHTS MOVEMENT THERE WAS INTIMIDATED BY BEATINGS AND LYNCHINGS IN THE PAST.


THE TOBBLING OF LKY WILL NOT BE EASY, AND CAN BE BLOODY AS WELL.
THEY WILL NOT GIVE UP THE BILLIONS THAT THEY SUCKED FROM YOU AND CAN CONTINUE TO SCREW FROM YOU NOW AND IN FUTURE.


ONLY YOU HAVE THE POWER TO SAY 'NO MORE OF THAT' AND THROW EVERYONE OF THOSE BASTARDS OUT






Sinkies must organise themselves

Show that they got balls and can stand up to LKY intimidation.

Big money at stake.

Already 400++ billions got sucked and bled by LKY into his Temasick and GIC

EVEN IF NO ELECTIONS, SINKIES MUST SPEAK WITH ALL THEIR FRIENDS AND ALL THEY KNOW

STAND UP TO THAT BASTARD LKY AND PAP BLOODSUCKERS

STAND WITH ALL THOSE THAT FIGHT BASTARD LKY

OR STAND UP YOURSELF IN YOUR CONSTITUENCY

DONT BE BULLIED BY THAT FUCKING COWARD LKY USING HIS CORRUPT KANGAROO COURTS AND ALL THAT HE CAN, AND WILL THROW AT YOU

 

[gina]

<p>

On a sidenote, if its indeed recent, then I think he really doesn't know what he's talking about. But note the word, "if".

Singapore (ANTARA News) - Buoyed by bustling growth in China and India, Asia will not be "unduly disadvantaged" if a recession hits the United States, said Singapore's Minister Mentor Lee Kuan Yew Sunday night.

"I believe this may be the first time where the US economy catches a flu and we are not going to catch influenza - I hope," the city-state's founding prime minister said at a Singapore Airshow leadership dialogue.

The Chinese and Indian economies are unlikely to dip below 8, 9, or 10 per cent growth, Lee said. While 40 per cent of intra-Asian trade is bound for the United States, even if the US cuts its imports by half, Asia would not be too badly hit.

Focusing on the aviation industry, Lee said he was confident Asia will continue to soar. With new airports being built and more people taking to the skies, Lee forecast "enormous growth in Asia in the next 10, 20 years, more in Asia than in any other part of the world."

He was more skeptical on liberalization going forward. Countries that are not doing so well will want their flag carriers to grow stronger first before they open up, he was quoted by DPA as saying.

Citing some progress, he noted that by December, the Association of South-East Asian Nations (ASEAN) will lift all restrictions on flights between capital cities.

ASEAN includes Singapore, Thailand, Malaysia, the Philippines,
The six-day Singapore Airshow featuring the giants of the manufacturing industry starts on Tuesday. (*) END

http://www.nowpublic.com/tech-biz/lee-kuan-yew-says-asia-won-t-be-badly-hit-if-us-has-recession

http://www.nationmultimedia.com/2008/02/18/regional/regional_30065712.php

https://www.chinapost.com.tw/business/asia/singapore/2008/02/19/143575/Lee-Kuan.htm

 

[The_Latest_H]

Apparently, the Economist has a different idea. LKY is living in his own fantasy land, and that's why I'm appalled to see him putting his own self-interest first instead of the country's own, by thinking of a snap election before he becomes too weak.

http://www.economist.com/printedition/displayStory.cfm?story_id=13022085

http://media.economist.com/displayStory.cfm?story_id=13022067

Another good reason why we shouldn't have LKY staying on and being the de facto PM. With him around, we will only get into more trouble for more than its worth. A leader who's detached from reality is very dangerous.

 

[Leegimeremover]

Apparently, the Economist has a different idea. LKY is living in his own fantasy land, and that's why I'm appalled to see him putting his own self-interest first instead of the country's own, by thinking of a snap election before he becomes too weak.

http://www.economist.com/printedition/displayStory.cfm?story_id=13022085

http://media.economist.com/displayStory.cfm?story_id=13022067

Another good reason why we shouldn't have LKY staying on and being the de facto PM. With him around, we will only get into more trouble for more than its worth. A leader who's detached from reality is very dangerous.

LKY is a Puyi last emperor of China type who moves to the tune of greater powers.
Well fed canary in a cage who believes it can do anything and everything. Look what happens every time this canary tries to leave the cage for a while.

 

[johnny333]

LKY is a Puyi last emperor of China type who moves to the tune of greater powers.
Well fed canary in a cage who believes it can do anything and everything. Look what happens every time this canary tries to leave the cage for a while.

More likely
LKY = Empress Dowager
LHL = Puyi

 

[DerekLeung]

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[singveld]

HK hit too

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