so ,u can see SG grew at a crazy rate in 1 st world standard.

Now slowed down to few % is normal for 1 st world country!!

i am not interested for forecast.

mmm

your optimism was definitely not share by many economist and your much admire LKY, LHS and tharma.

recession is already start to bite into high tier and middle high tier property prices.reduction in spending in adverisement as shown by SPH. this show all business are basically pessimistic about the general economy.

the market has rally. will it last? i would sell into any rally.

the fundamentals of the problems is not away. this is no longer just a financial crisis. it has turn into a global recession!

i think we are heading back to 1800 soon.!

if it is true, i am very afraid.

since putting money in banks dont yield any interest. might as well put in my home and ask SS angel to guard my door.

heil hitler!!!

the market did indeed open higher,will it hold? probably not?

it has no longer just financial crisis anymore.

world recession is on the brink. singapore has started, just look at the result of SPH. drop12%.

HDB houses prices are indeed supported by PRs. whether it will hold will greatlt depend whether they remain in singapore more move somewhere else. downgraders could also fill the void left by them.

i still think mid tier and low tier HDB houses are pretty safe.

HBD will generally hold out well discount those who pay 800K for a HDB. if u buy during the 2003-5 times, 200k for a 5 room flat. you can rest in peace as there are many PR queuing to buy it from u.

how more more can you downgrad from a 4-5 room flat.

how much more cheaper can you sold lower than the 200k/unit?

But fuhrer,

How about our bunkers and the gas chambers??

no worry, my contribution to singapore contruction industry is to built more bunkers and chambers for those idiots who get us into this shit hole. why no minister from singapore come out to claim credit. if the can fix this, i nazi salute them.

the lehman related funds amount to HK 15billion. how much was that belong to DBS? haha if singapore also pay back 100%, DBS is in deep deep shit.

anyway, Temasek of GIC will bail them out using but possibl taxpayers money.

what do you think the STI will open on monday?

i think it wil be higher but not for long.

the late rally on wallstreet on friday is banking on G7 meeting.

But, in my own opinion, i dont think any good can come out of the G7 meeting moreover, morgan stanley sales to MUFJ is still hanging by the thread.

things could get worse as financial instituition is still trying to de-leverage and that means sell sell sell.

maybe time to invest in fourth reich development funds.

sorry for my mistake as the damn Himmler SS give me wrong information,

u dont heil EVA. he is my wife dude!

so can we conclude that singapore also compensate 100%?

Hike Fuller,

My fourth reich, perhaps he should join as our foreign Minister in the rank of Colonel fully incharge of Foreign workers' chamber, we shall award him with our iron cross.

SS Waffen

Antiforeign workers dept

i can commission him to be field marshall to replace that gutless, irresponsible, cowards paulus who ruin and destroy my 6th Army at stalingrad!

Heil Hitler!!!!

no lor.. our government very very good good one.....they wont see so many ppl die one... 600 leh..... sure come in as hero to save them one... then tell them see lah next time put money in cpf hor.. more safe.. next time i wont help u ok...

if our govt to decide between saving Banks and PPl, do you think it will save who?

The hero is Tan Kim lian. Take off nathan pic. and replace it with him photo

in terms of crisis, i dont know where our president is hiding or again away with one of his many meaningless trips overseas.

heil hitler!!

600 only, i thot 1000, so little, got 2000 riot police on standby mode, today mobilise Gukkas, exercise codename, "Old Lehmaner". Once flash on Cinema, tv and all public places, all are to report within 1 hour.

that the poorest of the 9700 thought to ave bouyght lehman related investment products. the rest 9100, decided to donate it to Richard Fuld.

Heil hitler!!

i can find similarities between Wall street financial crisis and PAP politics .

Personal profits and social risk

meaning, in good times, they get pay rise, in bad times, ppl like us take pay cut to drive up the economy .

heil hitler!!

Actually the FWs should be housed in places like lim chu kang where resident numbers are low. All FWs need is just a shelter over their head and a decent living condition. LCK is also near tuas. Locating them at other places are just finding trouble. No one is gonna let their house value drop without a fight.

I dunno why the commends are always about discriminating against FWs. Its true that they cause trouble. There is no doubt about it. I've been a resident in Jurong West for more than a decade. Before their dorms were built, this place used to be peaceful and safe at night. However, after it was built, we have drunks moving all about half naked at night, men hugging each other like long-lost lovers, beer bottles being discarded along the road and better still, fights nearly every night. These are also why the values of houses in our estate is decreasing. 

Why must we lose money for people like them? People who come to our country and make a mess at the places they stay? After they made their mess, they would hide behind the protective shield of sympathetic singaporeans who find that whatever negative commend said about them are "discriminating". Its obvious why they are discrimainated against, they tarnished the image of my neighbourhood and, perhaps, every neighbourhood they live in.

They build house, they build road and yes, they are our nation's "builders". But we paid them too. It is not as though they come and work for us for free. We pay them an agreed price every month fot them to work. Everything is fair. Only retards will come in and say " Hey you freaking bastards, they build our roads and whatever shit you know." Fuck you man. No happy dun work, there are tonnes of people waiting to replace you. Want to work here better be a guai kai.

Remember, in every country in the globe, its always locals > foreigners. Think about ourselves first.

well said, another kaki.

wana join my Fourth reich?i make you my propaganda minister.

Heil hitler!!

whether or not the ruling regime listen or not, i would consider it their lost instead of ours.

no revolution is achieve without hard work, perservance and persistent.

there's nothing unique about that... the UK olympic asociation is headed by australians, the english football team by italians and the english rugby team by italians. As for all small nations I can think of very few who employ local talents to head up any serious international sporting efforts.

we are refering to players not coaches la.

Do you see english footballers represent by italians players.

Zidane is different, he migrate from african to france since we was very young. that why i say, players must stay in singapore for at least 10 yrs before they are allow to don singapore colors. so that we feel they are singaporeans.

feng tianwei was hardly in singapore for less than 2 yr when she was headhunted in Jpn and told to represent singapore.

pls make similar comparison.

heil hitler!!

Temasek sold Singapore's power stations to foreign investors, instead of price coming down the price shot up 22%. Tell me people have the Lees, PAP and Temasek commited treason to Singaporeans?

in fourth reich opinion, selling energy company is quite common in many developed nations. such as Australia. But the only difference is that in these countries, running it is not as profitable as in Singapore. the reason they could be giving is because of the forward energy pricing, better management to lower cost, efficiency and $%$^.

Heil Hitler!!!

if the credit woes worsen in US and the fed no longer have fund to bailout banks.. ML will be allow to fail since its not a deposit holding company... all our CPF monies will be down into the drain and some ppl here who start to feel the pinch..

in my fourth reich opinion, American will never run out of money. especially so in this credit crisis. Why? just look at strength of USD in past 1 mths. it has surge against Euro, SGD and most currency except RMB and Yen.

USA is still deem by the world as safe havens for their money. American is still too strongth, both military and economically.

They just need to issue more bonds, and sell them to SWF or foreign govt who will be eager to buy them such as Japan, CHina etc.

im not sure whether it has to do with LKY.

but maybe balakrishna could be the one who can make the difference.

I rather singapore not won any medal than won with foreign help.

AT least those who rep. singapore must stay in singapore for at least 10 yrs before they can done singapore colors.

my china business associate when talk abt singapore medals only knows the shuttlers are more china. never know them as singaporeans.

that summed up the issue.

pls consider also raffles marina. while the tourist are enjoying the IR, and F1, they can also visit the FW dorm.

uniquely singapore!!

Don't really have to know why it dropped. If you know the Aus currency's fluctuation trend over the years, you can make a bundle.

You may have to buy and hold for a few years.

in my simpler terms, currency are affected by various factors.

1. interest rate.-- central bank in australia has been cutting interest rate

2. fall in commodity price. it was a impact on the AUD currency.

3. risk aversion.-- ppl fund manager tend to move their currency to safer currency such as USD and Japanese yen. are you surprise why USD? coz some ppl fund manager would rather buy eg. US treasury bonds, bills even though the yield are zero. the mentality is.. it is better not to gain than to lose.

the third pt could be wat TS trying to say ah, i think.

can you drive your pt short and sharp?

what is your pt after showing so many clipping and chart?

what is the consequences?

The loser has to fall
It's simple and it's plain
Why should we complain?

your pt is?

S'pore is in recession
Fri, Oct 10, 2008
AFP

SINGAPORE - Singapore's trade-sensitive economy has declined for a second straight quarter, the government said Friday, meaning the city-state has entered a recession for the first time in six years.

On a seasonally adjusted quarter-on-quarter annualised basis, real GDP declined by 6.3 percent in the third quarter after contracting 5.7 percent in the previous quarter, estimates from the Ministry of Trade and Industry said.

 

Is Singapore the first Asian country in recession?

yeah, if we exclude new zealand.

damn.. the ruling party must be angry we couldnt get first this time. first in recession in asia, i mean.