MAS may devalue Sing dollar

[fighterpilot]

Any good money changer to recommend?

 

[Internet Brigade]

Less than 30% devaluation is of no use.

Guess they are still hoping against hope that the 2 IRs will work.

There is no way the IRs can work and be profitable given the MAMMOTH investments and working capital that is needed to keep them running.

No one is going to gamble there.

1-5 years after their opening, it will be plain for ALL the world to see. The failings I meant. It's just too big and sucked away resources to build our new stadium as well as the Yishun hospital and other projects.

They should have built only one IR at a time. Another cock-up planning.

Please remain calm. We are on top of it.

Once we devalue sgd to be on par with ringgit, we can compete on all fronts: gambling inflow, exports, port activity, prostitution....

 

[LoveSingFade]

Please remain calm. We are on top of it.

Once we devalue sgd to be on par with ringgit, we can compete on all fronts: gambling inflow, exports, port activity, prostitution....

You think the Geylang chicken so stupid to accept a devalue S$? They will 'Adjust' the chicken hole price accordingly, zero-ing till on par with current exchange rate to renminbi.

So very soon, not only chicken rice is ex, feed chicken more ex, prepare for the worst.

 

[Internet Brigade]

You think the Geylang chicken so stupid to accept a devalue S$? They will 'Adjust' the chicken hole price accordingly, zero-ing till on par with current exchange rate to renminbi.

So very soon, not only chicken rice is ex, feed chicken more ex, prepare for the worst.

Geylang 'chicken' as you so colourfully put it, is for ordinary citizens such as yourself.

Our monetary polices are not so powerful as to effect global commodity prices.

 

[Lu Bu]

Geylang 'chicken' as you so colourfully put it, is for ordinary citizens such as yourself.

Our monetary polices are not so powerful as to effect global commodity prices.

Wrong lah, its Lesser Mortals! :oIo:

 

[Internet Brigade]

Wrong lah, its Lesser Mortals! :oIo:

Well done.

We need people like you in parliament. Shall i nominate you for the NMP role?

 

[Lu Bu]

Well done.

We need people like you in parliament. Shall i nominate you for the NMP role?

Yes that will be a great as i am a skilled flame thrower.

 

[yinyang]

competitive devaluation of the SGD will not achieve anything in light of falling global demand.

Nothing to say of inflation, imported or otherwise. 30-50% bandied around is speculative, without basis.

 

[miosux]

Nothing to say of inflation, imported or otherwise. 30-50% bandied around is speculative, without basis.

not speculative but utter BS

soros will be the first to short if really got that kind of price movement.