Singapore must prepare for economic slowdown: PM Lee

[frenchbriefs]

We stopped. That's why. We need another 2 million before 2020.

if ur economic growth is hugely dependant on the increase of one factor,isnt that a critical flaw and terrible thing?its worse than ur economy having to depend on forest fires and illegal logging.

 

[virus]

With fiat money and corruption money around they were shamelessly accrediting themselves as the basterds driving the economy. When times r down they blame it on external factors.

 

[garlic]

economic slowdown, does that mean one should hold off investing in a private property for better prices?

 

[hbk75]

economic slowdown, does that mean one should hold off investing in a private property for better prices?

still investing? when it becomes like 1997-2003. getting to survive and having enough food will be the top priority. nobody will be thinking of getting mortgages anymore.

 

[hbk75]

[

Will Hutton,principal of Hertford College, Oxford, believes its the banking system and unbridled/uncontrolled expansion in mainly China (and some countries like Brazil /Malaysia )that is the culprit.

Are the 70% aware that GIC/Temasek are amongst the biggest investors in the global banking system, in China and Malaysia and our shipyards are heavily exposed to Brazil?

this jesse colombo said sometime ago. sinkapore banks can post so much profits over the years because we are the financial hub for the emerging economies. alot of companies around the region are using sinkapore for financing due to the low rates. so how many local banks will go up lorry this time?

 

[virus]

dont worry... zorro lim will upturn the downturn.

all gong cheebye FAP supporter just have to pray hard.

 

[xebay11]

still investing? when it becomes like 1997-2003. getting to survive and having enough food will be the top priority. nobody will be thinking of getting mortgages anymore.

Buy with cash, who is so stupid to take up mortgages in times like these.

 

[hbk75]

Buy with cash, who is so stupid to take up mortgages in times like these.

sinkaporeans alot of debts but no cash.

 

[garlic]

sinkaporeans alot of debts but no cash.

drowning in debts, the lot of them...

 

[hbk75]

drowning in debts, the lot of them...

so many people kept one borrowing until pap need to come out with rules to curb lendings.

 

[garlic]

I dont know how he wants Sinkies to prepare for economic slowdown... stock up on maggi mee? When all GLCs keep raising rents to increase cost of living, what has he helped to counter cost of living?

 

[winnipegjets]

I dont know how he wants Sinkies to prepare for economic slowdown... stock up on maggi mee? When all GLCs keep raising rents to increase cost of living, what has he helped to counter cost of living?

The message is meant for his kakis ...telling his kakis to be prepared to run road in case sinkees start to go after the government. Huge protests and lynch mobs going after PAP members.