• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

GE2024 - PAP risk losing 12-24 more seats

I think bread and butter issues are more pertinent. Whatever happens in Gaza is only a concern for the libtards and Muslims. Maybe that alone can turn the tide. We shall see.
 

The wild card....​

Cisco to lay off 4,000 more employees: reports​

https://www.hcamag.com/asia/special...to-lay-off-4000-more-employees-reports/501221

The tech firm is one of the many organisations laying off employees this year, which includes Intel, eBay, Riot Games, Snap, Estee Lauder, Warner Music, among others.

Several reasons for retrenchment this year include the need to reduce cost, anticipation of recession, desire to increase profits, and replacing employees with artificial intelligence.
 

Yahoo to lay off all journalists, social media executives in Singapore​

Samantha Chiew and Jovi Ho
Mon, 29 Apr 20244-min read

31159a90ea3a9a20586403f58abc1d48

EXCLUSIVE: Yahoo is letting go of its editorial and social media teams in Singapore.
Yahoo is letting go of its editorial and social media teams in Singapore. In total, 17 staff will leave the digital news publication after May 7, The Edge Singapore understands.

One affected employee had worked at Yahoo for more than 15 years. Affected staff will receive slightly more than two weeks’ pay per year of service, according to a source who has requested to remain anonymous as the matter is private.
 

The wild card....​

Cisco to lay off 4,000 more employees: reports​

https://www.hcamag.com/asia/special...to-lay-off-4000-more-employees-reports/501221

The tech firm is one of the many organisations laying off employees this year, which includes Intel, eBay, Riot Games, Snap, Estee Lauder, Warner Music, among others.

Several reasons for retrenchment this year include the need to reduce cost, anticipation of recession, desire to increase profits, and replacing employees with artificial intelligence.
Lanjiao USA company full of CECA just like Intel and Microsoft
 
https://www.finews.asia/finance/41726-asia-debt-problem-debt-to-gdp-total-china

Asia is Beginning to Have a Real Debt Problem​

Site Logo
Tuesday, 13 August 2024
Image: Shutterstock
Image: Shutterstock
FINANCEFriday, 19 July 2024 22:13

Asia is Beginning to Have a Real Debt Problem​



101.jpg

Written by Andrew Isbester | Editor

Japan and Singapore are at the top of the global leaderboard when it comes to prevailing debt-to-GDP ratios although China is catching up quickly.

The US, or maybe an Italy or a Greece, are usually taken to task as veritable examples of financial profligacy when it comes to the flotsam of government detritus clogging the fixed-income markets of the world.

But there are new sovereign villains of fiscal recklessness on the horizon for the average banker to fret and despair about, a graphic by Visual Capitalist released on Friday shows.
Japan First, Singapore Third
The figures, based on International Monetary Fund data, show that when it comes to debt-to-GDP ratios, Japan unequivocally comes in first at what must be a very hard-to-service 252 percent.
Although that may be of relatively little surprise to bond market traders, the fact that Singapore follows in third place at 168 percent is likely to at least raise an eyebrow here or there.
Indebted Europe
After that, the usual continental European suspects follow in tow. Greece is in fourth place at 160 percent, followed by Italy (143 percent), and France (110 percent). However, the latter’s prominence in this dubious ranking remains a sore sticking point in the televised debates surrounding national legislative elections currently underway.
By that token, the US, which places sixth with a debt-to-GDP ratio of 126 percent, looks distinctly average - at least from the perspective of using a particular number and dividing it by another.
Other Considerations
But that is also where the usefulness of using ratios as an overarching gauge for everything ends. The total stock of outstanding US government debt is almost $70 trillion, Visual Capitalist believes. By itself, that lone figure sheds an entirely new light on the temptations offered to those elected officials who can’t help themselves from flirting with the dark side of finance.
It stands out there, isolated, a sore thumb, a sole mountain peak of unfathomable size, towering over the surrounding, much-reduced pampas of generalized, sovereign fiscal prudence.
Debt Deniers
If mentioned verbally, it silences the loudest of North American debt deniers in expert circles who otherwise all too easily ping pong between percentages and total stock when trying to make categoric, subjective points in quickly forgotten discussions.
But the interesting thing for the devotees of the total stock faction is that there is a new kid on the block called mainland China.
Coming from Behind
Although it still has a relatively manageable debt-to-GDP ratio of 87.4 percent, Visual Capitalist estimates that its total debt stands at $47.5 trillion, a figure that is surprisingly not that far off from the US and likely the second highest worldwide.
According to the online publisher, this is because the mainland has played a significant role in the recent surge of global indebtedness and it now has the largest share of non-financial corporate liabilities in the world. And we are not even talking about the real estate crisis here, although everyone in their right mind would have to keep that in the back of their minds as a factor driving some of this.
 
https://www.finews.asia/finance/41726-asia-debt-problem-debt-to-gdp-total-china

Asia is Beginning to Have a Real Debt Problem​

Site Logo
Tuesday, 13 August 2024
Image: Shutterstock
Image: Shutterstock
FINANCEFriday, 19 July 2024 22:13

Asia is Beginning to Have a Real Debt Problem​



101.jpg

Written by Andrew Isbester | Editor

Japan and Singapore are at the top of the global leaderboard when it comes to prevailing debt-to-GDP ratios although China is catching up quickly.

The US, or maybe an Italy or a Greece, are usually taken to task as veritable examples of financial profligacy when it comes to the flotsam of government detritus clogging the fixed-income markets of the world.

But there are new sovereign villains of fiscal recklessness on the horizon for the average banker to fret and despair about, a graphic by Visual Capitalist released on Friday shows.
Japan First, Singapore Third
The figures, based on International Monetary Fund data, show that when it comes to debt-to-GDP ratios, Japan unequivocally comes in first at what must be a very hard-to-service 252 percent.
Although that may be of relatively little surprise to bond market traders, the fact that Singapore follows in third place at 168 percent is likely to at least raise an eyebrow here or there.
Indebted Europe
After that, the usual continental European suspects follow in tow. Greece is in fourth place at 160 percent, followed by Italy (143 percent), and France (110 percent). However, the latter’s prominence in this dubious ranking remains a sore sticking point in the televised debates surrounding national legislative elections currently underway.
By that token, the US, which places sixth with a debt-to-GDP ratio of 126 percent, looks distinctly average - at least from the perspective of using a particular number and dividing it by another.
Other Considerations
But that is also where the usefulness of using ratios as an overarching gauge for everything ends. The total stock of outstanding US government debt is almost $70 trillion, Visual Capitalist believes. By itself, that lone figure sheds an entirely new light on the temptations offered to those elected officials who can’t help themselves from flirting with the dark side of finance.
It stands out there, isolated, a sore thumb, a sole mountain peak of unfathomable size, towering over the surrounding, much-reduced pampas of generalized, sovereign fiscal prudence.
Debt Deniers
If mentioned verbally, it silences the loudest of North American debt deniers in expert circles who otherwise all too easily ping pong between percentages and total stock when trying to make categoric, subjective points in quickly forgotten discussions.
But the interesting thing for the devotees of the total stock faction is that there is a new kid on the block called mainland China.
Coming from Behind
Although it still has a relatively manageable debt-to-GDP ratio of 87.4 percent, Visual Capitalist estimates that its total debt stands at $47.5 trillion, a figure that is surprisingly not that far off from the US and likely the second highest worldwide.
According to the online publisher, this is because the mainland has played a significant role in the recent surge of global indebtedness and it now has the largest share of non-financial corporate liabilities in the world. And we are not even talking about the real estate crisis here, although everyone in their right mind would have to keep that in the back of their minds as a factor driving some of this.
a time will come when not only will the state be in debt, 2 in 3 sinkies who are eligible to buy houses will buy beyond their means. Personal debt will further kill
 
I think bread and butter issues are more pertinent. Whatever happens in Gaza is only a concern for the libtards and Muslims. Maybe that alone can turn the tide. We shall see.
Bread and butter issues is what made trump win. Same issues here as the US ... post COVID prices spiral out of control, unaffordable housing, widening rich poor gap, people earning more but can afford fewer things, coe etc Everybody will want a reset
 
Bread and butter issues is what made trump win. Same issues here as the US ... post COVID prices spiral out of control, unaffordable housing, widening rich poor gap, people earning more but can afford fewer things, coe etc Everybody will want a reset
Murika dun have million dollar 3rm BTO flip to make them greater again mah
 
Mission accomplished - another problem fixed?

Singapore’s Pritam Singh trial: questioning of opposition leader sparks courtroom drama​

At one point, Workers’ Party chief Pritam Singh was asked by Deputy Attorney-General Ang Cheng Hock whether he was ‘an honest person’
Workers’ Party chief Pritam Singh at a food centre in Singapore in June. Photo: The Workers’ Party/ Facebook

Jean Iau
Published: 3:18pm, 6 Nov 2024Updated: 6:55pm, 6 Nov 2024
 
Bread and butter issues is what made trump win. Same issues here as the US ... post COVID prices spiral out of control, unaffordable housing, widening rich poor gap, people earning more but can afford fewer things, coe etc Everybody will want a reset
No worries, good hands will distribute CDC wow cheers soon….all problems shall be forgotten again
 
Back
Top