Alright, so what's with the 'elites' bashing?
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Originally posted by Gazelle:
Before any company make a multi million investment, corporate tax and tax holiday are one of the key deciding factors. Companies are attracted to China because of its big domestic market, and despite that the government is also offering foreign investors with generous tax holiday.
Mauzirio is right, profits aside, when considering costs, what matters ultimately are net costs after tax.
A stronger S$ does help us ... boost our ... buying power.
I quote what you wrote later:
"any forex fluctuation between Singapore and US$ will not make the goods anymore expensive or cheaper"
your two statements contradict each other. which one is nonsense and which one is a lie?
fortunately Singapore GST/VAT and income tax is still a lot lower than those countries the whiners are worshiping.
do refer to http://www.citymayors.com/economics/richest_cities.html. it shows many countries with supposedly higher taxes end up with higher net income than us. -
i love this part, says it all so wellOriginally posted by maurizio13:You mean Switzerland like the VAT rates in Switzerland:
VAT rates
The VAT rates in Switzerland are:
7.6% standard rate
2.4% reduced rate (e.g. food, medicine, newspapers, books and feed)
3.6% lodging services
Where basic necessities are tax at a reduced rate and they provide better social welfare services.
Or
Hong Kong where there is no GST/VAT.
Or
Australia
Where GST is 10%, but medical services are FREE, housing is cheaper, electricity and cars are cheaper.
Singapore government has taken more profits, duties and taxes from GST, cars, COE, HDB, gambling (4D, TOTO, Horses Racing, Football, etc), but provided no help to the common folks of Singapore. Only time when money is given out is during general elections, but after elections all the money is returned to the government with interest. -
When they TAKE, they should also GIVE as much or at least equivalently...
However, 'our' government has all these while only been TAKING, and to date, is still TAKING - only more this time...
Take & Take, more and more..
Giving back Lesser and Lesser... or at all... -
if you read what mauzirio and many others write, you'd understand that they are no less brilliant than your so called elites.Originally posted by Mat Toro:those who love to bash elites who rule our nation are nothing but losers.
had they worked harder and smarter while younger, they too would be the very elites that they are jealous of today.
Mr Ng Eng Heng once mentioned that he welcomes ideas and he will challenge those ideas but not the person himself.
likewise, whatever we are challenging here is, is about the situation, the system, the issues and the problems and not bashing anybody.
so when gazelle bashes us, does that make him a loser? -
we are not complaining about their wealth, we are complaining about the ill-gotteness of their wealth.Originally posted by Mat Toro:So why do you complain about their wealth? Silly right? -
like you should sign off as antelope?Originally posted by Gazelle:And please sign off as SHEEP -
they worked hard for it, it is not ill gotten my fren.Originally posted by snow leopard:we are not complaining about their wealth, we are complaining about the ill-gotteness of their wealth. -
Originally posted by snow leopard:
Please read you earlier statement claiming that because of strong S$ it affect our export because we export more that we import.
not true. re-export is only one component of our exports. manufacturing consistitutes about a quarter of our GDP. so at least a quarter of our GDP isn't re-exports. .
The fact is that if you exclude trading item (ie. items/good/comodity thay are manufacture in other country by traded by singapore company) we are importing more than we export. (please go MTI website and read before whining)
""Please dont talk about GDP when you cant even finish chewing what you have on your plate""Originally posted by snow leopard:
By this statement alone, we can already tell that you have ZERO knowledge on international trade. (My suggesting is that you look into non-oil public listed company financial statement and look for the segment under Forex gain/lost)
apart from commodities like oil, we do not generally receive US$ for our exports but receive singapore dollars instead. so currency appreciation would dampen our export competitiveness.
HOW SHEEP CAN YOU GET??Originally posted by snow leopard:
Please dont follow what other sheep are doing by quoting me out of context. What I am suggesting to you is that a big portion of Singapore export are re-export goods, which have ZERO S$ cost component in the products. Hence any fluctuationg of S$-US$ will have negligible impact on the cost.
furthermore, if your argument is that goods will neither become more or less expensive, than it negates "where is god"'s argument that currency appreciation will make imports cheaper.Originally posted by snow leopard:
SNOW, please dont try to talk your way out by coming out with stupid theory, because it does make you look like a damn bloody pathetic SHEEP.
if the country as a whole is buying more than it can sell, unless that shortfall is made up for by FDIs, it can only mean more government spending. so trade surplus or deficit strongly influences govt budget / deficit, as in the case of the US.
SHEEP!! can you remember that you wrote this statement?
""we may be import heavy, we are export heavier, most years we achieve trade surplus, that's where we get the money for our budget ...""
HOW SHEEP CAN YOU GET???? -
If you are not an economist can we help you to understand simple economic terms in some way that is equivalent to your understanding of even a simple word like - ''weather'' ?Originally posted by Gazelle:
Original post by Atobe:
Why get so worked up with ''stupid and pathetic stunt'' by those whom you deride as sheep - unless these sheep are more superior and more capable than a mere gazelle that has no purpose on earth except to become food and sport for the leopard's recreation ?
The word ''seem'' was intended to soften the impact of an insult to a gazelle to lame to appreciate some pity shown.
What you claim that ''we all know'' is not reflected in the bravado manner of your reply in shooting someone else's views - can anyone outsmart the stupendous intelligence of a small brained gazelle ?
If the MTI report can be relied on, and if Singapore is a NET IMPORTER, how would you account for the annual trade surplus that Singapore enjoy ?
Will this Gazelle believing himself to be an Economist with an economical mind - make up his mind ?-------------------------------------------------------------------------------------------------------
- now he claim the word "SEEM" is to soften the impact of insult? i think he is insulting himself by trying to tweak facts to support his silly argument.
- Again, he is trying to simply quote me out of of context
"Singapore is a net importer if we exclude the re-export trade, because most of the good we consumed are imported"
- Weather I am a economist or not is irrelevant in this discussion what is more important is that I am able to highlight the crap ATOBE is trying to lay down for other sheep to smell.
Are the sheep better at smelling, or was it not the Gazelle that boasted of its expertise at sniffing crappy material things ?
The crap was laid for you - stupid .
............. and only your expert nose can identify it, which confirms for us that your sniffing expertise certainly showed up.
We should recognize your expert knowledge as an economist with animal instinct at being able to identify that – ’’ Trade surplus is not tax revenue nor profit. It is not money that goes to our budget.’’Original post by Atobe:
You should be getting bad feelings if you do not know your own basics.
Do you not know that budgets are part of fiscal policies that are also instruments to help in setting the economic environment that allow a nation to achieve trade surplus ?
If you want to introduce the complex economic relations between China and the USA - are you certain that you understand enough of the dynamics in the economic relations between these two giants, and the political dynamics of a USA that is globally involved ?
You should get a bad and sinking feeling if you wish to develop this line of thought based on your skin deep understanding of economic dynamics.-------------------------------------------------------------------------------------------------------
- As you can see Atobe is trying twist his own word again. let see....
Earlier on he was trying to defend Snow Leopard claim that trade surplus is what the fund the budget. and this is what he wrote.
""Trade Surplus is National Revenue to the Finance Ministry, "" and that trade surplus will be feature in Singapore bugdet.
Obviously he has confused himself between trade surplus and budget surplus and that is why he claim the the TRADE surplus will go to MOF and the this surplus will be mentioned on Budget day.
With your sniffing ability at differentiating crap, surely we can depend on you to separate the crap that was laid out for your nose ?
Could you not sniff out the difference in the ''Trade Surplus'' crap that goes into the big pile of crap in the National Reserves, which is the total crap from which will be used to fund the Budget ?
Was there any crap laid out for budget surplus yet ?
If you are patient and follow your nose, you should be able to sniff out the budget surplus crap that will come out after the crap in the budget takes effect in the economy which help in the economic activities for the crap in the economic domestic and export trade surpluses to be made..
So the crap in the cycle will go on - crap from trade surplus to be pumped into the crap in the National Reserves, that provide the crap to fund the budget for more crap to be accumulated that goes back into the National Reserves.
Now... is that enough crap for your nose ? Economist ???
Can these simple words frighten you so badly ?Original post by Atobe:
Do you not know that budgets are part of fiscal policies that are also instruments to help in setting the economic environment that allow a nation to achieve trade surplus ?
If you want to introduce the complex economic relations between China and the USA - are you certain that you understand enough of the dynamics in the economic relations between these two giants, and the political dynamics of a USA that is globally involved ?
You should get a bad and sinking feeling if you wish to develop this line of thought based on your skin deep understanding of economic dynamics.-------------------------------------------------------------------------------------------------------
Here Atobe is trying to use the word "COMPLEX", "GIANT" "DYNAMIC" to scare off further discussion and argument on this because of his limited understanding of the topic. Trade is trade regardless of size and country and what he is trying to say is that Singapore trade is simple and not dynamic?
Surely, your displayed immense foolishness in repeatedly bulldozing on so many other non-issues will not discourage you from also attacking these issues inspite of my preferred choice of ''WORDS'' that you prefer to emphasise in ''CAPS'' ?
Why stop yourself from discussing this matter with such a simple question ?
Why not engage my question and show us the depth of your sniffing ability in your knowledge about the ''China-USA'' crap and the inability of the USA to maintain a budget surplus even with any contributions from its trading relations with so many countries ?
Why do you simply walk away ?
Do you not wish to show your expertise in identifying how big my crap is ? -
Originally posted by Gazelle:
agreed.
SNOW, please dont try to talk your way out by coming out with stupid theory, because it does make you look like a damn bloody pathetic SHEEP.
SHEEP!! can you remember that you wrote this statement?
""we may be import heavy, we are export heavier, most years we achieve trade surplus, that's where we get the money for our budget ...""
[b]
HOW SHEEP CAN YOU GET????
[/b] -
''We'' since when did the Gazelle become part of the flock of those whom he derided as ''Sheep'' ?Originally posted by Gazelle:
Original post by Atobe:
Is that all that you can deliver with just a surface scratched understanding in the difference between ''trading (export) and domestic export'' ?
You mentioned alot about ''trading (export)'' but seem to have left out your definition as to what ''domestic export'' should be ?
Are you trying to split hairs between a ''trading (export)'' simply needing a trading office only to begin business; and you will expect us to believe that ''domestic export'' are manufacturing based ?
Are you disputing that trade surplus is a result of 'Export-Import' activities ?
If not, why are you digressing into a grand display of your simplistic understanding of economic terms ?
You are conveniently crossing between micro economic activities of a trading office, to macro levels of 'National Trade Surplus' in a useless attempt to wriggle your way out of a hopeless position.
Do you simply hope for my position to be WEAK with a mere word and without anyhting more substantial than with a confused reply ?-------------------------------------------------------------------------------------------------------
Atobe has lost sight about what he is arguing and now trying to repackage what we have been telling him to be his argument. I will let others read what he posted earlier and then decide if he is WEAK or not.
Are you feeling alone as a Gazelle, and need the support of ''Sheep'' ?
Is it any wonder that only a Gazelle will be mixed up with the self-created ''puzzle'' of a FOREX argument ?Original post by Atobe
At the 'Micro-level' - what is the use of the US Dollar - if after making the profit, it is not converted into Singapore Dollar for its local operational use ?
Even if a Corporation has a large holding account of US Dollar, when it is taken into Year End Balance Sheet and P+L Statement, the exchange loss or gains will still need to be considered.
If the US Dollar account is insufficient for the ordering of goods and services, it will have to be topped up by converting Singapore Dollar into US Dollar - and depending on the prevailing exchange rates, it CAN make the required goods and services to be either more expensive or cheaper.
At the 'Macro-level' - will a country continue to hold large quantities of any foreign currencie, if it continue to be negatively volatile ? Surely, it is only being clever to quickly convert from a negatively volatile foreign currency back to one's own national currency ?
Are you not digressing from the original idea of 'NATIONAL Trade Surplus' based on macro-economic view with this current micro-organisational handling of their forex ?
Even hedging does not remove the risk of exchange losses, if you can even begin to know what are the mechanics of 'hedging'' - beyond the word used ?
If US$ is the premier currency of convenience, why will anyone want to switch to a more costly currency - even if it provides as much stability ?
Have you lost sight of the goal to increase the Trade Surplus of a Nation ?
Can an open economy like Singapore influence or limit the broad flow of foreign currency usage, when at the same time the Government will not allow the Singapore Currency to be an international currency of choice ?
Go study more about basic economics before you dabble into some specialist territories with superficial understanding.-------------------------------------------------------------------------------------------------------
Atobe has forgotten that he mentioned about his earlier statement that
“”Corporation has a large holding account of US Dollar, when it is taken into Year End Balance Sheet and P+L Statement, the exchange loss or gains will still need to be considered”””
What I am telling him is that managing FOREX risk is part and puzzle of everyday business and companies with big FOREX exposure will have ways to minimize risk, instead of what he is trying to suggest to seat there like a lame duck blaming the government for their policy.
Do we need to wonder why you need any excuse to blame others for blaming the Government when you have simply no ability to read details on its own merit, but prefer to read it according to your views that everyone is blaming the government ?
Which part of my reply blamed the government for exchange losses ?
''NOT RISK'' ?””Even hedging does not remove the risk of exchange losses, if you can even begin to know what are the mechanics of 'hedging'' - beyond the word used ?”””-------------------------------------------------------------------------------------------------------
Atobe is trying his luck to actually question me about HedgingÂ….lets see..
The only cost (NOT RISK) you have to consider in hedging is the fee, which the banks charge you, and it will fluctuate based on the amount, timing and economic condition. The benefit of hedging is that the COST of doing business is predetermine therefore it will be taken into consideration as business cost instead of forex lost!!
Did you not mention that :
''- Large corporations with significant exposure to forex will usually
a) Hedge their foreign currency income (just like how SIA control all their forex revenue)
b) Reduce forex risk by avoiding US$ transaction (e.g. switch to Euro)
c) Balance between domestic and export business to balance the receipt and usage of US$. ''
It is less painful for a Gazelle to stop flip-flopping in a vain struggle to delay the inevitable end - when you know that your neck is already clamped by more 'superior jaws of death'.
As I have mentioned in my last post - " Are you not digressing from the original idea of 'NATIONAL Trade Surplus' based on macro-economic view with this current micro-organisational handling of their forex ?''
continue below -
continuation
By your expertise in international trade - will you prefer to priced your goods sold to Indonesia in Ruppiah, or in Singapore Dollar, or in Euro ?“”If US$ is the premier currency of convenience, why will anyone want to switch to a more costly currency - even if it provides as much stability ?””-------------------------------------------------------------------------------------------------------
Over here Atobe is using the word “PREMIER” to tweak the discussion and to even suggest that there is such thing as a more costly currency, it only shows his limited knowledge on international trade.
Would you prefer to import your goods from Indonesia into Singapore by paying in Euro, or Singapore Dollar, or Ruppiah ?
Yes, we can trust the expert opinion of a gazelle, as much as we can trust its 'sniffing'' ability to differentiate the different crap.“”Have you lost sight of the goal to increase the Trade Surplus of a Nation ?””-------------------------------------------------------------------------------------------------------
Nah...our government budget is geared towards boosting our domestic export not just trade surplus. Because trading activities cant create enough jobs for singaporeans.
You should teach LHL a thing or two about domestic export when the lifeline of Singapore since Colonial Days has been Trade.
By your stupendous approach, we should believe your concept to lessen the importance of your version of ''trading (export)'' and concentrate on ''domestic export'' in achieving your version of ''trade surplus'' - which you believe do not help in anyway to fund the Budget.
A gazelle - who knows only how to differentiate crap by sniffing - trying to teach others how to eat in a civilized way - from a plate ?“”Can an open economy like Singapore influence or limit the broad flow of foreign currency usage, when at the same time the Government will not allow the Singapore Currency to be an international currency of choice ?”””-------------------------------------------------------------------------------------------------------
Atobe actually believe that it is in the hand of Singapore government to decide if S$ should be use as an international currency of choice?? My suggestion to him is please donÂ’t bring in Open Economy when you can even finish chewing what you have on your plate now!!
Is your suggestion worth any sniff ?
Did you ask LHL for his reasons in making the following statement at a MAS Staff Seminar in 2002 ?
''Our approach had been to operate an inscrutable monetary policy and impose comprehensive restrictions on non-resident borrowing of Singapore Dollars. This was not only becoming untenable, but was also hampering the growth of our financial markets. We needed a more explicit and transparent monetary policy stance, and more precisely targetted safeguards against the risks of internationalising the Singapore Dollar''
Would you like to repeat again the following :
''Atobe actually believe that it is in the hand of Singapore government to decide if S$ should be use as an international currency of choice??''
Should Atobe NOT believe that it is in the hand of the Singapore Government to decide ?
This shows the conceit that a gazelle has towards sound advice, and do we need to understand why we see the gazelle constantly diminished in stature ? Should we even offer him any sniff, when he is already such an expert ?“”Go study more about basic economics before you dabble into some specialist territories with superficial understanding.””-------------------------------------------------------------------------------------------------------
I think he should direct this statement to himself
Are you being stupendously clever or simply devious ?Did anyone mention that Singapore should hold reserves in S$ ? How did you come to this stupdenous conclusion ?
Atobe ””At the 'Macro-level' - will a country continue to hold large quantities of any foreign currencie, if it continue to be negatively volatile ? Surely, it is only being clever to quickly convert from a negatively volatile foreign currency back to one's own national currency ?”””
If not, it is best that you stick to the basic understanding of Trade Surplus - with your simplistic (and laughable) statement that - ''Singapore trade surplus doesnt come from exporting MADE IN SINGAPORE good, they come from re-exported goods.''-------------------------------------------------------------------------------------------------------
Atobe is again trying to quote me out of context without highlighting that the above state was meant to be reply to
Snow Leopard statement of “”we may be import heavy, we are export heavier, most years we achieve trade surplus, that's where we get the money for our budget “””
Either way you are not being too clever nor skillful in the art of dodging.
Did I quote you out of context, when every one of my reply has seen a full quote of your post - compared to your selective response to selected statement or paragraph from each of my full response ?
In my reply that you have now quoted - are you being honest that your statement was made in reply to Snow Leopard's post ?
In the chronology of responses, you could have been more accurate with your handling of my respone that you have quoted above - which was posted by me on 8 August 2007 02.41 PM on Page 7 of this thread, while it was made in response to your post of 8 August 2007 10.02 A.M. - which itself had made reference to my post of 8 August 2007 05.03 AM - appearing just above your reply on Page 6 of this thread.
Was Snow Leopard's post featured anywhere in our exchange of replies, or referred to in any specific way in your responses to my posts ?
The problem with dodging issues and selectively taking ''one-line" to respond out of the entire paragraph, is that you will only lose yourself in your own deception.
Even the sheep will know how to get home when lost - does a gazelle know where to run to in a useless attempt to escape the jaws of death ? -
Atobe, please stop arguing like a kid lah. Anybody with basic knowledge on economic 101 will know that you know nuts about economic and all you are capable are BIG TALK BULL SH.IT
Gazelle now enjoying a hot plate LAMB CHOP
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This is sad, that you find things to be so childish - and do we need to know why you begin to wake up to this thought ?Originally posted by Gazelle:Atobe, please stop arguing like a kid lah. Anybody with basic knowledge on economic 101 will know that you know nuts about economic and all you are capable are BIG TALK BULL SH.IT
Gazelle now enjoying a hot plate LAMB CHOP
Typical Gazelle style - cannot defend your position and can only bleat like an ewe while you accuse others of being sheep.
I certainly believe you that anybody else with basic knowledge of economics will know more than a gazelle, who knows nothing else but sniff at crap.
Now you seem to know something more then crap with your new ''BIG TALK BULL SH.IT'' idea of debate - did you take a sniff of the crap from the resident bull with a spastic brain too ?
Nobody can beat you at this game of sniffing at other's views and can only find nothing but crap - it is just your expertise.
Gazelle eating lamb chop ?
Are you sure you can manage it when gazelles are known to eat only grass that grows super well for the gazelle's diet - when there are lots of crap around for the grass to grow well.
Try not to choke on the bones when gazelles are known to gobble only soft lushes grass. -
Hey gazelle, compliments to you from the Japs on this National Day.
With your familiar and well publiscised fetish of your favorite pass-time, you will probably enjoy this wide selection of after-dinner treats.
Probably, you will be able to hold down your chops - better than anyone in this Corner - even if you were to take a deep after-dinner sniff of the used content.
Try not to strain your eyes, or you will not be able to choooose your favorite item. -
When someone lose an arguement it is natural that they will resort to such childish act..Originally posted by Atobe:Hey gazelle, compliments to you from the Japs on this National Day.
With your familiar and well publiscised fetish of your favorite pass-time, you will probably enjoy this wide selection of after-dinner treats.
Probably, you will be able to hold down your chops - better than anyone in this Corner - even if you were to take a deep after-dinner sniff of the used content.
Try not to strain your eyes, or you will not be able to choooose your favorite item.
Atobe, didnt really expect you will bring yourself so low to even talk about panty sniffing.
LOSER!! -
Originally posted by Gazelle:When someone lose an arguement it is natural that they will resort to such childish act..
Atobe, didnt really expect you will bring yourself so low to even talk about panty sniffing.
LOSER!! 
-
Originally posted by Gazelle:
Is it important to win or lose ?
When someone lose an arguement it is natural that they will resort to such childish act..
Atobe, didnt really expect you will bring yourself so low to even talk about panty sniffing.
LOSER!!
The fact that you refused to respond to my counter-points to your arguments by simply dismissing all that have been posted with just one sweep already reveal your own admission of dropping the useless argument.
Did you loose or win ? I will leave it for you to imagine, as it is no skin off my nose.
Should I be surprised with your statement that ''when someone lose an argument it is natural that they will resort to such childish act... '' ?
I guess you are speaking from your personal experience with your displayed infatuation of the flock of ewes being repeated multiple times - whenever you have nothing left to say, and leaving the ewes to speak nothing for you.
Did you not read what I said with the photo sent to perk up your morale by addressing your special fetish ?
If the gazelle will not respond, the only way to attract its attention is to humor his fetish - even if one has to resort to low techniques to work with those who appreciate the low downs in life.
Rightfully, the loser is the one who will not respond gracefully after having stubbornly chase a useless argument line to its obvious dead end, and with no ability to U-Turn.
Do you need help with the vending machine ?
I see your ''Green Faces already lighted up'' over the vending machine. -
how hard do you have to work for a paycheck that you sign for yourself?Originally posted by Mat Toro:they worked hard for it, it is not ill gotten my fren. -
Originally posted by Gazelle:
The fact is that if you exclude trading item (ie. items/good/comodity thay are manufacture in other country by traded by singapore company) we are importing more than we export. (please go MTI website and read before whining)
not true. you should think about what you read from govt websites and make sense of it. the website sub-categorizes exports into domestic exports and re-exports. so it is up to us to figure that imports can also be sub-categorized into imports that are ultimately consumed in singapore and imports that are merely re-exported.
The 2005 trade figures for singapore are as follows:
total exports 229.6
domestic exports 124.5
re-exports 105.1
total imports 200
retained imports 94.9
re-exported imports 105.1
therefore, our domestic export of 124.5 is more than our retained import of 94.9
""Please dont talk about GDP when you cant even finish chewing what you have on your plate""
so it's not that i cannot chew, but that you shot off like a happy puppy without even digesting or assimilating what you've read.
By this statement alone, we can already tell that you have ZERO knowledge on international trade. (My suggesting is that you look into non-oil public listed company financial statement and look for the segment under Forex gain/lost)
HOW SHEEP CAN YOU GET??
the fact that there are forex gains and losses means that most companies are affected by currency changes so your assertion that most of our trade is in US$ and so we are shielded from currency fluctuations does not stand.
no one can be as near to a sheep than a gazelle.
Please dont follow what other sheep are doing by quoting me out of context. What I am suggesting to you is that a big portion of Singapore export are re-export goods, which have ZERO S$ cost component in the products. Hence any fluctuationg of S$-US$ will have negligible impact on the cost.
i quoted your exact words, stand by them if you have the balls. if you suggest that "fluctuationg of S$-US$ will have negligible impact on the cost", then it wouldn't make our imports cheaper would it?
SNOW, please dont try to talk your way out by coming out with stupid theory, because it does make you look like a damn bloody pathetic SHEEP.
SHEEP!! can you remember that you wrote this statement?
""we may be import heavy, we are export heavier, most years we achieve trade surplus, that's where we get the money for our budget ...""
HOW SHEEP CAN YOU GET????
it should be right, do check it out. if you cannot understand it, then you must be more stupid than a sheep. -
you agree blindly to his nonsense about us importing more than we export? sounds like we got a sheep here for you, gazelle.Originally posted by Where Is God:agreed.
sheep and gazelle, best partners -
thing is never to be change by wat we say
but why LABEL low class/poor as the black sheep of the country elite may come from middle / high class people...remember this we human come to this life with nothing.the only thing different is elite is silver spoon fed people but are u a human.how abt a elite bash by another elite.but poor people is aredi in a agony but elite keep draining them dry to a extend of jumping down from the building ,how abt the kid of the poor people...is the elite going to say something for them...answer is no n they will ask them to pay the damage the dead man did
low income = pay below 1200 for 2 people earning that is below that amount
that is damn dan poor n if u dun believe people earn that amount go be a cleaner thats the amount they get pay -
Originally posted by snow leopard:
Can someone explain to me what the Fcuk is this snow sheep talking about???
Originally posted by Gazelle:
[b]
The fact is that if you exclude trading item (ie. items/good/comodity thay are manufacture in other country by traded by singapore company) we are importing more than we export. (please go MTI website and read before whining)
not true. you should think about what you read from govt websites and make sense of it. the website sub-categorizes exports into domestic exports and re-exports. so it is up to us to figure that imports can also be sub-categorized into imports that are ultimately consumed in singapore and imports that are merely re-exported.
The 2005 trade figures for singapore are as follows:
total exports 229.6
domestic exports 124.5
re-exports 105.1
total imports 200
retained imports 94.9
re-exported imports 105.1
therefore, our domestic export of 124.5 is more than our retained import of 94.9
""Please dont talk about GDP when you cant even finish chewing what you have on your plate""
so it's not that i cannot chew, but that you shot off like a happy puppy without even digesting or assimilating what you've read.
By this statement alone, we can already tell that you have ZERO knowledge on international trade. (My suggesting is that you look into non-oil public listed company financial statement and look for the segment under Forex gain/lost)
HOW SHEEP CAN YOU GET??
the fact that there are forex gains and losses means that most companies are affected by currency changes so your assertion that most of our trade is in US$ and so we are shielded from currency fluctuations does not stand.
no one can be as near to a sheep than a gazelle.
Please dont follow what other sheep are doing by quoting me out of context. What I am suggesting to you is that a big portion of Singapore export are re-export goods, which have ZERO S$ cost component in the products. Hence any fluctuationg of S$-US$ will have negligible impact on the cost.
i quoted your exact words, stand by them if you have the balls. if you suggest that "fluctuationg of S$-US$ will have negligible impact on the cost", then it wouldn't make our imports cheaper would it?
SNOW, please dont try to talk your way out by coming out with stupid theory, because it does make you look like a damn bloody pathetic SHEEP.
SHEEP!! can you remember that you wrote this statement?
""we may be import heavy, we are export heavier, most years we achieve trade surplus, that's where we get the money for our budget ...""
HOW SHEEP CAN YOU GET????
it should be right, do check it out. if you cannot understand it, then you must be more stupid than a sheep.[/b]
ATOBE, since you are also a sheep, can you please help explain to the general public what crap is this sheep talking about? are you guys speaking in Sheep language?
-
Originally posted by Atobe:
Ok Atobe, if you really want to proof to us that you know what nuts you are talkinga about, can you please tell us why you say that US-China trade is more complex and dynamic than Singapore foreign trade?
Is it important to win or lose ?
The fact that you refused to respond to my counter-points to your arguments by simply dismissing all that have been posted with just one sweep already reveal your own admission of dropping the useless argument.
Did you loose or win ? I will leave it for you to imagine, as it is no skin off my nose.
Should I be surprised with your statement that ''when someone lose an argument [b]it is natural that they will resort to such childish act... '' ?
I guess you are speaking from your personal experience with your displayed infatuation of the flock of ewes being repeated multiple times - whenever you have nothing left to say, and leaving the ewes to speak nothing for you.
Did you not read what I said with the photo sent to perk up your morale by addressing your special fetish ?
If the gazelle will not respond, the only way to attract its attention is to humor his fetish - even if one has to resort to low techniques to work with those who appreciate the low downs in life.
Rightfully, the loser is the one who will not respond gracefully after having stubbornly chase a useless argument line to its obvious dead end, and with no ability to U-Turn.
Do you need help with the vending machine ?
I see your ''Green Faces already lighted up'' over the vending machine.
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This is wat Atobe wrote:
"""If you want to introduce the complex economic relations between China and the USA - are you certain that you understand enough of the dynamics in the economic relations between these two giants, and the political dynamics of a USA that is globally involved ?"""
(Please dont give cock and bull stories, because we have had enough of your BS!!) -
Originally posted by Gazelle:
Why do you need help ? Too much sniffing of the ewes got you into a daze that you are floored by a snowleopard ?
Can someone explain to me what the Fcuk is this snow sheep talking about???
ATOBE, since you are also a sheep, can you please help explain to the general public what crap is this sheep talking about? are you guys speaking in Sheep language?
This is quite uncharacteristic of a gazelle that leaped into a debate without any clear thinking.
Did you not believe in your own opinion that I am full of crap, or are you having a second thought about your own statement to ask help from me ?
The vending machine certainly perked up your spirit again...