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recession in. What biz will thrive in such an enviroment ?

silverfox@

Alfrescian
Loyal
That is why I must say you are really mad man

If the person needs loan sharks, he would have problem paying back. Especially at this kind of time. Still have to buy paint, harrass him. So much hassle. :o
 

BlueCat

Alfrescian
Loyal
in this time,no one will be willing to loan out.
all will be trying desperate to recover their loans even those ah longs. everyone is affected.
those runners must be pretty busy now.
 

makapaaa

Alfrescian (Inf)
Asset
I thinking of setting up a loan shark biz.

And after that u can package ur loans into mini bonds and sell them to Ah Long B. To hedge against default, Ah Long B buy credit default swaps from Ah Long C. And history repeats itself, so that in a credit event, Ah Long B will look for Ah Long C for payout, failing which Ah Long B will hack Ah Long C with a parang. Ah Long C will in turn take revenge on u for landing him in trouble.
 

Balls2U

Alfrescian
Loyal
Have u ever considered signing on with the SAF. It offers an iron rice bowl and the pay is rather good. :biggrin:
 

Ah Guan

Alfrescian
Loyal
Become Ah Long during recession? Siao ah?!

Now is best time to become freelance debt collector or repo man. Can work for legal and illegal lenders and your order books will be full for the next 2 years.
 

jw5

Moderator
Moderator
Loyal
I thinking of setting up a loan shark biz.
You will not get most of your money back.
Are you prepared to take on Singkieporeans who may have more to lose than you?
Perhaps you can also package the loans you give out into collateral backed securities and sell these to large financial institutions. :smile:
 

popdod

Alfrescian
Loyal
Economy Rice.

People will shrink their spending and eat less fine dinings.
More ppl will become poorer.

:biggrin: :smile: :biggrin:
 

myjohnson

Alfrescian
Loyal
Join the PAP and fuck the peasants to high heaven. PAP can't lose. In a depression, their stomachs will still be full.
 

dysentry

Alfrescian
Loyal
food biz still best, even students are used to eating at NYDC and Pasta Mania, bourgeoisie will just cut back on travel and taxis...
 

SammyHulk

Alfrescian
Loyal
Have u ever considered signing on with the SAF. It offers an iron rice bowl and the pay is rather good. :biggrin:

Bro, the SAF no longer issue 'iron rice bowls' for your info, even you still considered as iron rice bowls, well now they come with an expiry date.:biggrin:
 
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