SG forecast 2009 GDP -5.0 to -2.0 per cent
-
SG forecast 2009 GDP -5.0 to -2.0 per cent.
http://app.mti.gov.sg/data/article/17221/doc/PrelimGDP_4Q08_PR.pdf
Opposition Parties are happy to read this.
They have more ammo to shot to PAP.
But we have much more resoucres to deal with crisis.
Eg national reserve etc.
I have told u why SG is the first country in asia ran into recession.
The reason is SG were growing much faster than other developed countries.
We are decribed growing at developing country rate.
Country A has been growing at a faster rate than country B.
This is possible that A runs into so called technical recession but
A's GDP is still higher than B!!
http://www.sgforums.com/forums/10/topics/334051?page=3
Do u guys how to define recessions?
This is slower GDP
"growth is negative for two or more consecutive quarters."
Let us see this example:
Real figures,annual GDP growth
Quarter...SG......aussie
2007
3Q--........9.5
4Q--.......5.4
2008
1Q..........7.0.......3.6
2Q..........2.3........1.9
3Q.........--0.5..........4.3
so SG is in recession,technically.while Oz is not!!
@@@@@@@@@@@@@'''
Anyway,all these rates are small matter.
SG GDP per capita is 33% higher than Australia.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html
8Singapore $ 49,900 2007 est. 23Australia $ 37,300 2007 est. -
...will it kill you to organise your posts in a more readable form?
-
If u think SG is very bad,i invite u to meet in this forum in next Jan today.
We will then know if SG is really very bad in the world!!
If u have a tent to stay over night,u are the best among homeless
people during a storm.I think we get a small tent to stay during this storm.
-
Originally posted by Stevenson101:
...will it kill you to organise your posts in a more readable form?
This is the best i can.
Can u give me a demonstration?
-
Originally posted by lionnoisy:
This is the best i can.
Can u give me a demonstration?
Your opinions and data are both of the same fonts and colors. Making it difficult to seperate and read.Put the data first, then put your opinions at the end so it's more organised.
You mentioned a forum in next Jan, you don''t specify where and when. And what sort of forum it is. How in the world can anyone understand you?
English isn't your main language of use is it?
-
-
so noisy. More noise than anything.
-
Ouch. -5%.
-
Seriously is there any forecast at all? I also know how to do man! Just keep changing the figures that reflects the worsening economy.
How can leaders be so fickle minded?
-
Originally posted by Evangel:
Seriously is there any forecast at all? I also know how to do man! Just keep changing the figures that reflects the worsening economy.
How can leaders be so fickle minded?
Actually they don't know how to forecast, they play it by ear as it goes along.
-
Originally posted by Evangel:
Seriously is there any forecast at all? I also know how to do man! Just keep changing the figures that reflects the worsening economy.
How can leaders be so fickle minded?
Be thankful.
Lesser mortals like us would be giving forecasts like -10% to 0%.
A range which I suspect would likely be right.
-
Originally posted by lionnoisy:
This is the best i can.
Can u give me a demonstration?
Most people here post more legibly than you.
Geeze! I thought they solved the problem of illegible words when we moved from handwriting to typewriters and finally computers.
Lionnoisy, u really don't have to pioneer a new level illegibility.
-
Originally posted by lionnoisy:
If u think SG is very bad,i invite u to meet in this forum in next Jan today.
We will then know if SG is really very bad in the world!!
If u have a tent to stay over night,u are the best among homeless
people during a storm.I think we get a small tent to stay during this storm.
goodness, can you try to proof read your writing before you post it?! my eyes hurt when i read them. Did u finish primary 6 in the 1st place?