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Recession in 2013?

SG was suffering in the 1960s, that's why LKY was given a chance

2010s SG is suffering...the opposition must be given a chance

LKY was the prime candidate to lead Singapore, and under the circumstances them, Sg had a lot of ground to cover and accomplish, and her vision was clear. No one else (as a politician) even came close to LKY. Sg is not suffering now. She has reached her maximum potential and has run out of ideas (never had any, fresh ones) to take her out and beyond this level of development, hence the gaovernments is looking for ideas outside of their own group.

Cheers!
 
Recession in 2013?

A recession could typically be defined as a decline in GDP for two or more consecutive quarters

Given the current economic scenario, it is likely that we could ended up with one especially so if the US law makers are unable to come up with something that could negate the impact of the impending fiscal cliff. The Fed has recently confirmed that their bag of tools has virtually dried up.

The Chinese have problems of their own. Talks have been that they have been printing money like nobody's business. Unlike the US, who need to make necessary annoucements when they did the QEs. The Chinese has no such obligation to do so. They need money to finance their prime pumping. Now they have to content with taming the inflationary pressure which are driving the have and have not divide. How much they could continue this game is anybody's guess.

Euro has been on borrowed time for a long while. How much longer could they drag and stretch?

SG? The situation is not all rosy. How much more can they squeeze to boost their bottomline? The recent SMRT strike indicated the amount / level of frustration. At the end of the day, there is only so much that could be squeezed out. We are almost there, given the high cost (especially of rent & up scale executive pay) Singapore has gotten herself into. How much lower can they lowered the interest rates?

So my take? Unless the 超级白 could control the situation well, which I seriously doubt, my view is that it is likely that a recession will take place in 2013.
 
You cannot leave everything to the PAP. They are a government, their job is governance (although somehow they've gone into profitable private businesses as well) and should keep to that.

Sinapore is small, and has finite resources, means, abilities, and markets. Our current model of economic growth has definite limits here. One has to look regionally, globally, if one wants to grow beyond the limits of Peesai. So, do not depend on the government for everything. Look outside.

Cheers!

i dont rely nor depend on the pap...i certainly wld appreciate if they could just be neutral and dont hinder Singaporeans' livelihood...now they are obstacles to Singaporeans well being
 
Recession? Pappies like to use such word into frightening peasants or 60.1% to continue voting for pappies till eternity.

My own hokkien peng saying, "Road is ownself walk one, don't wait pappies give road for you to walk!" aka "Lor Si Ka Ki Kiar Chu Lai Eh, Mai Dang Pi Eh Pi hor Lu Lor Kiar"
 
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Gonna tank in a year's time, get ready to buy cheaper property and stocks. Currently, properties in China not doing well, those holding such properties are bracing for a big time downturn or crash. Sinkieland will follow likewise, MBT knows that the property market here is and will not be sustainable.
Likely to happen end 2013, I heard :o

The pap is trying to put on a brave front.

The following show that a recession is likely for Singpore in 2013:

1. Businesses are struggling because of poor demand and poor purchasing power
2. SIA is finding it difficult to fill its seats
3. SIA cargo is flying half empty planes and is losing money
4. ICA shows a reduction in incoming tourists
5. SATs catering shows that passengers coming in and going out of Singapore is declining fast
6. Fewer cargo ships are calling at Singapore

Despite the glitter, Singapore is not doing well.

So when will the pap finally tell the truth abt the bad economic situation in SG?
 
Recession? Pappies like to use such word into frightening peasants or 60.1% to continue voting for pappies till eternity ...
n oso dey like 2 boast dat oni dey can solf any n all recession probs ... :rolleyes:
 
n oso dey like 2 boast dat oni dey can solf any n all recession probs ... :rolleyes:

If they can, they won't be where they are sitting today. They aren't even able to handle minor issues. Clueless is the word!
 
The pap is trying to put on a brave front.

The following show that a recession is likely for Singpore in 2013:


3. SIA cargo is flying half empty planes and is losing money

Despite the glitter, Singapore is not doing well.

So when will the pap finally tell the truth abt the bad economic situation in SG?

Are you sure you know enough to make that statement?
 
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End of 2013.
No way sinkieland will ever have any recession. By definition GDP is total income of residents. through continuously importing more immigrants and exponential increment of ministers and admin service salaries to offset the total income of the remaining 99%, GDP will never fall, can only rise.
 
guys, recession is a word used by the pappies when they squanderd all your cpf and to scare peasants into believing only the pappies shit can bring peasants out of recession. please trust this retiree who have seen all the tricks. luckily, i open eyes wide, if not, me will be cleaning tables at hawker centre liaoz.
 
The pap is trying to put on a brave front.

The following show that a recession is likely for Singpore in 2013:

5. SATs catering shows that passengers coming in and going out of Singapore is declining fast

Despite the glitter, Singapore is not doing well.

So when will the pap finally tell the truth abt the bad economic situation in SG?

Please show links instead of making conjectures.

http://www.pax-intl.com/industry-news/catering-service/2012/11/09/1h-revenues-and-profits-up-at-sats/
 
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The pap is trying to put on a brave front.

The following show that a recession is likely for Singpore in 2013:

6. Fewer cargo ships are calling at Singapore

Despite the glitter, Singapore is not doing well.

So when will the pap finally tell the truth abt the bad economic situation in SG?

Your statements are not back up with proofs and this is an evident attempt to troll SBF.

http://www.seatrade-asia.com/news-headlines/singapore-moves-larger-box-throughput-in-august.html
 
Recession in 2013?

A recession could typically be defined as a decline in GDP for two or more consecutive quarters


SG? The situation is not all rosy. How much more can they squeeze to boost their bottomline? The recent SMRT strike indicated the amount / level of frustration. At the end of the day, there is only so much that could be squeezed out. We are almost there, given the high cost (especially of rent & up scale executive pay) Singapore has gotten herself into. How much lower can they lowered the interest rates?

So my take? Unless the 超级白 could control the situation well, which I seriously doubt, my view is that it is likely that a recession will take place in 2013.

You sound like an economic genius.

I agree with you that recession will hit Sg in 2013. That's why I started this thread
 
Recession? Pappies like to use such word into frightening peasants or 60.1% to continue voting for pappies till eternity.

My own hokkien peng saying, "Road is ownself walk one, don't wait pappies give road for you to walk!" aka "Lor Si Ka Ki Kiar Chu Lai Eh, Mai Dang Pi Eh Pi hor Lu Lor Kiar"

The pap tries to deny that it's not rosy for SG...but it cant hold this lie for long..the truth will surface...
 
Gonna tank in a year's time, get ready to buy cheaper property and stocks. Currently, properties in China not doing well, those holding such properties are bracing for a big time downturn or crash. Sinkieland will follow likewise, MBT knows that the property market here is and will not be sustainable.
Likely to happen end 2013, I heard :o

Recession in SG may happen earlier than end 2013
 
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