Looks like its getting really serious....
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... you must be still young if you are not already in debt... we old people have seen it all (but many cashed in and moved to Australia, Canada),
...you be careful and do not be blinded by propaganda.... there is no room for wishy washy thinking when it comes to investment or what you think will make you money will be money down the drain... -
...not only the money you have go down the drain, worse of all, you will be in debt and will be paying off money you borrowed and that is, paying for something with much lower value than what you paid for...
... all over the world, people borrow money to buy homes but the difference here is that you have despots pushing up the prices and putting people into necessary debt..... -
For those too lazy to turn to prev pages...
DOWIndex Value: 12,800.18
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Prev Close: 13,056.72
Open: 13,046.56
Day's Range: 12789.04 - 13046.72
52wk Range: 11,926.80 - 14,280.00Index Value: 6,348.50
Trade Time: 11:35AM ET
Change: Down 130.90 (2.02%)
Prev Close: 6,479.40
Open: 6,479.40
Day's Range: 6333.20 - 6534.70
52wk Range: 5,821.70 - 6,754.10 -
Singapore must move up into the ranks of 1st world countries instead of remaining a nation run by despots with their opacity, unaccountability, nepotism, cronyism and money grabbing policies.
... the natural conclusion is that more Singaporeans must support Dr Chee Soon Juan, the internationally recognized martyr of Singapore to ensure that the despots open up and be accountable for their actions...
... My guess is that it would be a waste of time asking the despots' ass-sniffing supporters to love Singapore and do the right thing, and that is, withdraw their support for the despots until they stop behaving like TT Durai and let the GST and ERP and HDB taxes payers see and ensure the GST tax payers ensure that they are held accountable for their despot behavior.... and actions
The Ho that is a Jinx's squandering of Singaporeans hard earned money in action...
So the people in London, besides the towkays that had their corporate taxes (on their profits!) cut, are the 'poor' that the 2% GST increase was supposed to help? -
Ur coolie?? I dun think so. That is ur own pervertic perception of those who flamed u. Ur thick skin ability is truly remarkable though.Originally posted by AndrewPKYap:... I was so sad when he disappeared, luckily now there is you to act as my coolie...
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Your opinion, like I said, no matter how stupid is your own and makes no difference.Originally posted by lagrangian1125:Ur coolie?? I dun think so. That is ur own pervertic perception of those who flamed u. Ur thick skin ability is truly remarkable though.
What is important is that you continue to act and behave as my coolie. What is important is that you bump up my thread as my good coolie.
Thanks, coolie, for bumping up my thread. -
Unemployment Sounds Warning About Economy
By PETER S. GOODMAN and MICHAEL M. GRYNBAUM
Published: January 5, 2008
The unemployment rate surged to 5 percent in December as the economy added a meager 18,000 jobs, the smallest monthly increase in four years, the Labor Department reported on Friday.
Economists viewed the report as the most powerful indication to date that the United States could well be falling into a recessionary downturn. Evidence of widening unemployment heightened anticipation that the Federal Reserve would further cut interest rates this month, perhaps by an unusually large half a percentage point, in a bid to prevent the economy from sliding into the muck.
“This is unambiguously negative,” said Mark Zandi, chief economist at Moody’s Economy.com. “The economy is on the edge of recession, if we’re not already engulfed in one.”U.S. Stocks Fall Most in 5 Months on Weaker Jobs, Manufacturing
By Eric Martin
Jan. 5 (Bloomberg) -- U.S. stocks had the steepest weekly loss since July after unemployment increased to a two-year high and manufacturing declined, bolstering speculation that a recession will stymie profit growth. -
Singaporeans should now seriously consider what they are going to do if property prices drop by half and they go out of job.
I have been warning about this since middle of 2006
Property Prices Rise at our expense - By Andrew PK Yap
Columns By Andrew PK Yap
Author of Insights Into Casino and Stock Market
When property prices go up, it benefits the few at the expense of the majority.
But did the despots care? Of course not, the policies they make are for the benefit of themselves, their relatives and their cronies.
I am not saying that they should have taken my advice. What I am saying is that, as I have shown in my article, this is just waiting to happen and the despots know but do not care. They pay themselves millions, why should they care if you suffer?
They only care how much public money they can get for themselves, and their relatives and all they care about you is to make policies that put you in as much debt as possible, so you will have to work harder for their benefit.
When (not if) things go wrong, they do not care because they will still be in power and why is that? Silliporeans did not care when they did and do scurrilous acts to opposition members (think Mr JB Jeyaratnam, Dr Chee Soon Juan, Dr Francis Seow, et al....).
So ultimately, Silliporeans are to blame for their short-sighted blind faith in despots that are all out to enrich themselves with public money. -
Originally posted by AndrewPKYap:
Again, how do u define the actions and behavior of a coolie?
Your opinion, like I said, no matter how stupid is your own and makes no difference.
What is important is that you continue to [b]act and behave as my coolie. What is important is that you bump up my thread as my good coolie.
Thanks, coolie, for bumping up my thread. [/b]
"coolie" was a designative term describing a low-status class of workers rather than a pejorative term for them. However, in the wake of centuries of colonialism and the social inequalities thereof, it has taken on not only the characteristics of a slur in the general sense but also that of a racial epithet. In this last sense, it has been applied to Asian people regardless of their professions or socio-economic standing with obviously insulting intent.
This is the correct definition I suppose. So are u a white dick sucker who look down on ur own enthicity??
Again, ur definition of coolie is not in the mainstream definition of what a coolie is.
Are u trying to show that u are special, oh great MR PK YAP????
Obviously, ur intended sarcasm blow off ur cover to hide ur stupidity and insanity.
Oh of course, Mr white dick sucker, I hope ur western conterpart would appreciate and support ur upcoming book. -
I hope more people with stupid opinions like you bumpz up my threads.
Thanks, coolie, for bumpingz up my thread -
... but please don't go insane like the last few of my coolies ... your desperate, insane name-calling is worrisome...
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The despots took the dubious get rich schemes route of :
1. Casino,
2.forcing debt down the people's throat, inflating asset prices,
3. building infrastructure with limited marginal returns compared to the earlier infrastructure projects...
With the same person holding (until recently) the PM and FM portfolio and having an urgent need to prove himself and lose his father's shadow constantly towering over him, he took the dangerous and ultimately foolish route that the gamblers I study (in order to write my book), takes.
I think this time, Singaporeans will be paying a heavy price for a lack of democratic checks and balances. -
The despots took the dubious get rich schemes route of :
1. Casino,
2.forcing debt down the people's throat, inflating asset prices,
3. building infrastructure with limited marginal returns compared to the earlier infrastructure projects...
With the same person holding (until recently) the PM and FM portfolio and having an urgent need to prove himself and lose his father's shadow constantly towering over him, he took the dangerous and ultimately foolish route that the gamblers I study (in order to write my book), takes.
I think this time, Singaporeans will be paying a heavy price for a lack of democratic checks and balances. -
so let me get this straight.
you blame the government for inflating property prices.
But if the property prices drop tommorow, it's still their fault?
Talk about a catch 22. -
Just let this thread die a natural death, since its full of ridiculous antics from the TS. Don't need to respond to him.
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Fully agree with you......but, ooops, i just added one more post to this stupid thread.Originally posted by soul_rage:Just let this thread die a natural death, since its full of ridiculous antics from the TS. Don't need to respond to him.
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... I know you do not have the capability to understand any of this, but not everyone is stupid like you. If you do not understand any of this, you can don't read this thread.Originally posted by soul_rage:Just let this thread die a natural death, since its full of ridiculous antics from the TS. Don't need to respond to him. -
I know it is difficult for you to understand something so simple... but try.Originally posted by deathbait:so let me get this straight.
you blame the government for inflating property prices.
But if the property prices drop tommorow, it's still their fault?
Talk about a catch 22.
In inflating property prices, they benefit themselves at everyone's expense, and especially the next generation of people, and in inflating property prices, they put Singapore at risks of a financial disaster that Singapore would not be at risk of if they did not inflate property prices.
As the owners of the biggest property land bank and the single biggest property owner, they can easily manipulate the property prices.... and they are the government to boot (which makes it even easier).
As a government it behooves them to consider the welfare of the majority and not their own welfare and the welfare of their relatives and cronies. -
*shrugs*Originally posted by AndrewPKYap:... I know you do not have the capability to understand any of this, but not everyone is stupid like you. If you do not understand any of this, you can don't read this thread.
I am smart enough not to get into fights with you anymore, coz you just don't get anything that others say.
As long as someone says something against you, you flare up and display that same sort of arrogance and attitude that you complain the 'despots' for.
What's the difference between you and the so-called z'despots'? -
another proof that the truth is... Looks like its getting really serious....
don't be the biggest fools like some here... and sell only when it hits bottom... -
... or start to panic because you were buying the propaganda coming out of the media... and refuse to plan for it....
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in other words, Andrew is saying the government is wrong, and will always be wrong by virtue of the fact that they are....the government.
That oughta keep my circular logic fuel tank full for months. -
... and who is the one that said the words, 'the government is wrong, and will always be wrong by virtue of the fact that they are....the government'? Nobody but you and that, by your own admission makes your 'circular logic fuel tank full for months'.Originally posted by deathbait:in other words, Andrew is saying the government is wrong, and will always be wrong by virtue of the fact that they are....the government.
That oughta keep my circular logic fuel tank full for months.
I agree and you should see a psychiatrist ASAP. -
i like the way Andrew disappears into the shadows on the days when the markets went up.
And the moment they come down, he appears to give doomsday predictions again -
Sure, continue to be a biggest fool and be a delusional too blind to see Looks like its getting really serious....Originally posted by soul_rage:i like the way Andrew disappears into the shadows on the days when the markets went up.
And the moment they come down, he appears to give doomsday predictions again