• 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.

TanSong, CCP food for thought


Think carefully my brother,
Singapore is built on western system.

Our scholars went to top USA and Europe universities

Our fight jets and submarines are from USA and Europe

All these will turn to rubbish if we side China communist
 
Robert Ng gambled in HK stock exchange and when he lost in Hong Kong stock exchange, he refused to pay up

What kind of man is Robert Ng?

He can file defamation against Wikipedia
 
Ng was speculating in futures contracts on the Hong Kong Futures Exchange through two Panamanian-registered companies when the October 1987 global stock market crash began; his paper losses reportedly reached HK$1 billion. At first, Ng refused to pay, claiming to be protected by the limited liability of the companies through which he had traded.[4] This led to the collapse of the futures exchange; trading was also halted on the Hong Kong Stock Exchange for four days.[5] An investigation by the Commercial Crime Bureau of the Royal Hong Kong Police revealed that Ng had avoided required margin calls through collusion with one of his brokers.[4] However, in the end, no charges were laid against Ng because the colonial government of Hong Kong felt that prosecuting him would pose a risk to overall market stability.[6] Instead, a deal was worked out which saw Ng repay HK$500 million, with Hong Kong taxpayers providing the rest of the funds needed by the Exchange through a government bailout.[5] Ng reportedly lost a total of US$250 million in his various investment holdings as a result of the crash.[7]
 
Beginning in the late 1990s, the family became more active in the Hong Kong Jockey Club.[25] Daryl, Nikki, and Jeanne own four horses between them,[26][27][28][29] while the elder Ng himself owns eight and his wife one.[30][31] At one point in 2002, Ng was said to be interested in joining the 12-member board of stewards of the Hong Kong Jockey Club; however, some of the club's 200 voting members objected due to Ng's conduct during the futures market collapse in 1987.[32]
 

Experts now recommend a 12-month emergency fund. Here’s how to quickly save thousands in cash.​

Economists worry a recession will start in the next few months. There’s still time to beef up your emergency fund by thousands of dollars with these aggressive — but temporary — changes.​

By


Venessa Wong
Follow

Published: April 12, 2025 at 10:00 a.m. ET



As economic uncertainty rises, some financial planners suggest bumping up emergency savings to cover 12 months of necessary expenses — and to do it quickly.
As economic uncertainty rises, some financial planners suggest bumping up emergency savings to cover 12 months of necessary expenses — and to do it quickly.PHOTO: MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO

Referenced Symbols​


Many personal-finance experts were already warning that a cash emergency-savings account covering three months of necessary expenses in case of unemployment was likely too little for today’s job market — recommending a six-month buffer instead.

Now, as President Donald Trump’s tariff plans increase economists’ expectations of a recession and sent the Nasdaq


COMP
+2.06%

and Russell 2000

RUT
+1.57%

stock indexes dipping into bear-market territory last week, some financial planners are suggesting bumping up those savings to cover a whopping 12 months of necessary expenses, and say it needs to happen quickly — especially if you are in an industry or occupation that has few job openings or are the sole earner in your household.


Moody’s Analytics Chief Economist Mark Zandi put the chance of a recession at 60% even after Trump announced a 90-day pause on “reciprocal” tariffs for dozens of countries. The markets rebounded briefly this week, but if the president doesn’t change course on tariffs in the next four to six weeks, “we’re done,” Zandi told MarketWatch. “I suspect by June, we will see job loss.”
 
The local Chinese language media has been severely compromised by the CCP. Most of their viewpoints and talking points are the same as CGTN and Xinhua. :rolleyes:
 
The local Chinese language media has been severely compromised by the CCP. Most of their viewpoints and talking points are the same as CGTN and Xinhua. :rolleyes:
there is a website called "Think China" run by SPH and it's a shrine built for China related issues. No other cuntry enjoys this privilege and deification
 
Back
Top