how come US got bailout but sg

[madmansg]

govt let the STI drop untill all our retirement funds depleted ? PAP govt always think ang mor tua kee buy billions of billions of banks going bankrupt kenna con by ang mor but STI stocks they never buy ?

 

[DIVISION1]

Bailouts are last line of defences for systemic failure to cushion systemic readjustment shocks. Bad Personal judgments are consequences to be borne by the individual. If the system is sound and stable, bankrupts can reemerge as millionaires, as the Singapore financial market has seen with many examples. If one is not smart and hungry enough, a financial folly follows a person for life.

 

[chinkangkor]

What goes up must come down. Just wait for it to go up again.

 

[BlueCat]

Wall Street blue-chip stocks suffered their worst single-day point decline on Monday as markets went into convulsions after US lawmakers rejected a massive rescue of the financial system.

The plunge came with investors already fretting over a deepening of banking sector problems in Europe and the United States, with at least three banks saved with government aid.

they only do selective bailout.
US is the biggest debtor in this planet.

 

[captainxerox]

What goes up must come down. Just wait for it to go up again.

but don't know whether can go there some more or not. itching to buy but not sure when to jump in.

 

[eQuipment]

the financial crisis is still at the teething stage, the impact is not anywhere near its full bloom yet. many depserate measures to bail out or selling of assets to buffer and slow down the slump only. the recovery will take very long time to bounce back up.

 

[ksterk]

Bill Out?
lolx, i will say famiLEE are all ready to "fly out" not bill out

 

[eeoror88]

Bailouts are last line of defences for systemic failure to cushion systemic readjustment shocks. Bad Personal judgments are consequences to be borne by the individual. If the system is sound and stable, bankrupts can reemerge as millionaires, as the Singapore financial market has seen with many examples. If one is not smart and hungry enough, a financial folly follows a person for life.

I agree fully.

When investment rosy, people celebrate, throw party, clap hands but when investment sours, people cry father, cry mother, blame cows, neighbours, the society and gahmen !!

Always remember: the sword has 2 sides!! If play with fire, prepare to be burnt !!