Today is a public holiday. If you have some time, do something for the country. Do yourself, your friends and the country a favour. Send them this email (do it again as a reminder even if you have sent it to them before).
Look what I found in the internet and I am forwarding it to you and forward it to as many people you know as possible:
Quote:
Singaporeans are now attempting to lower the cost of living here by stopping all spending and cutting down on spending on essentials.
It will benefit the country and Singaporeans at the expense of foreigners.
Do not spend even if you can, hoard your money in this time of uncertainty and do yourself a favour as well. Do this until the cost of living falls significantly. You will benefit from the lower prices if you delay your spending, you will be able to buy more for less later.
Regards
Andrew Yap"
End of quote
Originally posted by AndrewPKYap:
Tighten you belts!!!!
Warn all your friends to stop spending.
Send a simple email to your friends and see the cost of living fall:
Subject: "Buy Later, Pay Less 2008" - Stop spending for two months to bring down the cost of living
Hi
Join everyone and stop spending, hoard your money, cut down on essentials and help lower the cost of living. Buy later, pay less. (There are rumours that the government will be giving away vouchers to spend soon, so stop spending for now.)
Regards.
(Forward to as many people as possible)
The greedy despots had done the damage. Now we need drastic actions to rectify the problems. You cannot hope for greedy dishonorable despots to do the right thing. They will only be thinking about their families, their relatives, their cronies, their party and Singapore will be second last and you will be considered last.
This is your best chance to do something for your country that has been damaged by the dishonorable public money grabbing despots
Just a quick question great economic guru for Singapore,
If we all hoard our money, and money stops circulating, wouldn't the government have to print more money? If thats so, wouldn't our hoarded value drop ANYWAY?
Originally posted by Shotgun:Just a quick question great economic guru for Singapore,
If we all hoard our money, and money stops circulating, wouldn't the government have to print more money? If thats so, wouldn't our hoarded value drop ANYWAY?
Hoard your money means hoard currencies under your pillow issit?
Say, if you have one dollar and it buys you 1 cup of coffee. If prices drop, then you can buy two. So if you spend it now, you get 1 cup of coffee, if you hoard it and spend later, you get two. So hoard or don't hoard?
Originally posted by AndrewPKYap:
Hoard your money means hoard currencies under your pillow issit?
Say, if you have one dollar and it buys you 1 cup of coffee. If prices drop, then you can buy two. So if you spend it now, you get 1 cup of coffee, if you hoard it and spend later, you get two. So hoard or don't hoard?
I don't get you, say the government prints more money, the value of your money drops, how are you able to buy 2 cups of coffee?
Originally posted by Chris88110:I don't get you, say the government prints more money, the value of your money drops, how are you able to buy 2 cups of coffee?
Say the government "prints more money" and the solution to that is not spending but:
Are foreigners pulling money out of Singapore banks?
Originally posted by AndrewPKYap:
ARE YOU STILL KEEPING YOUR MONEY IN SINGAPORE BANKS?
S'pore dollar at 14-mth low
Straits Times, Singapore - Nov 17, 2008
Singapore runs monetary policy by guiding the trade-weighted exchange rate. In October, it already eased policy by switching to a zero appreciation path for ...
Singapore May Weaken Currency in Recession, UBS Says (Update1) Bloomberg
all 3 news articles » UBS
So the solution is, hoard your money, and convert it to safer currencies out of Singapore.
I don't see how your solution does anything but worsen the stituation.
You're trying to create a panic wave that would furthur cripple the currency. How the hell does that benefit Singaporeans?
Originally posted by Stevenson101:I don't see how your solution does anything but worsen the stituation.
You're trying to create a panic wave that would furthur cripple the currency. How the hell does that benefit Singaporeans?
The dishonorable greedy for public money despots has already damaged the economy.
There are a lot of things that they can do to rectify the situation but they will not because they are, "dishonorable greedy for public money despots".
If they are not "dishonorable greedy for public money despots" we would not be in this situation.
Since they are "dishonorable greedy for public money despots" you can expect more of the same self-serving, take more public money for themselves, take as much money from the public as possible; do propaganda "GST increase is to help the poor; policies.
Since you cannot depend on the "dishonorable greedy for public money despots", and you know that they will only come up with more "dishonorable greedy for public money" policies, you have to take care of yourself.
So it is, the "dishonorable greedy for public money despots" has damaged the economy and it is every man for himself.
Send the email.
Originally posted by AndrewPKYap:Tighten you belts!!!!
Warn all your friends to stop spending.
Send a simple email to your friends and see the cost of living fall:
Subject: "Buy Later, Pay Less 2008" - Stop spending for two months to bring down the cost of living
Hi
Join everyone and stop spending, hoard your money, cut down on essentials and help lower the cost of living. Buy later, pay less. (There are rumours that the government will be giving away vouchers to spend soon, so stop spending for now.)
Regards.
(Forward to as many people as possible)
Originally posted by Stevenson101:I don't see how your solution does anything but worsen the stituation.
You're trying to create a panic wave that would furthur cripple the currency. How the hell does that benefit Singaporeans?
heehee... such a fun read. glad there's lots of sensible people out there still.
I'd like to be next in line to be branded an "idiot" pls!
Originally posted by R3D3V1L:heehee... such a fun read. glad there's lots of sensible people out there still.
I'd like to be next in line to be branded an "idiot" pls!
OK wish granted, "Please be an idiot and withdraw all your savings to counter everyone's effort to stop spending."
Originally posted by R3D3V1L:heehee... such a fun read. glad there's lots of sensible people out there still.
I'd like to be next in line to be branded an "idiot" pls!
welcome, here every1 is an idiot except AndrewpkYap and company
just some free entertainment and Kao Bei Kao Bu for fun
Originally posted by seyKai:
welcome, here every1 is an idiot except AndrewpkYap and companyjust some free entertainment and Kao Bei Kao Bu for fun
So I take it that you will be the other idiot and withdraw all your savings to counter everyone's effort to stop spending?
That makes two of you... wow the two of you idiots will make such a big difference!
ROFLMAO!
Who took my Uncle medicine away?? damn!
Originally posted by angel7030:Who took my Uncle medicine away?? damn!
I know you are stupid but don't be THAT stupid... as my coolie, bumpz up those threads that are dormant and not those really popular ones... and are you idiot number three, withdrawing all your savings to spend?
Originally posted by angel7030:Who took my Uncle medicine away?? damn!
the medicine is not strong enough...
Originally posted by skythewood:the medicine is not strong enough...
You are idiot number four that will withdraw all your savings to spend?... woo hoo...!
Originally posted by AndrewPKYap:
You are idiot number four that will withdraw all your savings to spend?... woo hoo...!
I see the trend here.... anyone who oppose the uncle is an idiot.
man, what a despot.
Originally posted by skythewood:I see the trend here.... anyone who oppose the uncle is an idiot.
man, what a despot.
No, don't be foolish.
People like you that will withdraw your savings to spend... people like you... idiots.
Originally posted by AndrewPKYap:
No, don't be foolish.
People like you that will withdraw your savings to spend... people like you... idiots.
man, not only is he a despot, he is accusing of something i did not do and insulting for no reason.
how dishonourable.
what a dishonourable despot
Originally posted by skythewood:man, not only is he a despot, he is accusing of something i did not do and insulting for no reason.
how dishonourable.
what a dishonourable despot
You are foolish... there is a "Law of Non-contradiction" since you are too stupid to know it, google...
now you have judged me in your own kangeroo court to be stupid, just like that despot LKY...
what a dishonourable despot