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Things are getting worse in Singapore

E

enterprise2

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Manufacturing down...Sinkapore not tapped into mobile phones and tablets market.Cost of living going up but Sinkies salaries and bonuses and increments (if any!) under severe strain. In fact companies are retrenching due to poor economic outlook. Also Gahment pumping in so called investments into infrastructure.. HDB flats, roads, MRT...etc to float the economy and address shortfalls in infrastructure. This has caused endless frustrations in traffic jams, noise, congestions and also the influx of FTs. But these improvements in infrastructure comes with increases in price. U all know whenever food courts are renovated, they open with a new price lists rite?
 
this are macro issues which hurt the gov's pocket. the micro ones which are mainly ignored or denied by gov are hurting the heartlanders.

unless the million$ pappies can truly descend from their lofty ivory towers and take a good hard look at how citizens are suffering at ground-level, more social problems shall arise.
 
Agree.

This is made worse by their locking-up of OUR hard-earned Cpf money instead of giving back to us at age 55.:mad:
 
They are pumping in more money into their own pockets than anything else.
 
hairylee said:
They are pumping in more money into their own pockets than anything else.
Click to expand...

Yeah!! Really galling to see all those gahment organizations like PA who are insulated from the REAL economy enjoying themselves with overseas junkets!
 
I am looking forward to property crash n fire sales. All thanks to messiah Obama
 
enterprise2 said:
Manufacturing down...Sinkapore not tapped into mobile phones and tablets market.Cost of living going up but Sinkies salaries and bonuses and increments (if any!) under severe strain. In fact companies are retrenching due to poor economic outlook. Also Gahment pumping in so called investments into infrastructure.. HDB flats, roads, MRT...etc to float the economy and address shortfalls in infrastructure. This has caused endless frustrations in traffic jams, noise, congestions and also the influx of FTs. But these improvements in infrastructure comes with increases in price. U all know whenever food courts are renovated, they open with a new price lists rite?
Click to expand...

SG recession in 2013?
 
YewCharKuay said:
i supposed own pockets include those cronies. those porlumpar who volunteered in the rc, ccc etc get the contracts.
Click to expand...

Those MIW who robbed the people's money would be hanged by the balls until death at the Padang.:D:*:
 
First of all, I do not rejoice for other peoples misfortune, I simply buy n sell smartly.
Why will there be a recession? Because the fed refuse to increase interest to reign in on inflation even while they printed so much money. USD will crash massively within next year n send interest rates soaring. Those who bought houses n lose their jobs will need to cut loss
 
Kinana said:
First of all, I do not rejoice for other peoples misfortune, I simply buy n sell smartly.
Why will there be a recession? Because the fed refuse to increase interest to reign in on inflation even while they printed so much money. USD will crash massively within next year n send interest rates soaring. Those who bought houses n lose their jobs will need to cut loss
Click to expand...

i think you salah.

1. the dollar crash on its own, does not send interest rates soaring.

2. historically, when interest reates soar, the currency will up.

are you trying to pull a fast one?
 
Assuming USD continues to decline then gold will go north, close to US$2000 an ounce or more.
 
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