![]() |
|
|||||||
| Register | FAQ | Members List | Calendar | Search | Today's Posts | Mark Forums Read |
![]() |
|
|
LinkBack | Thread Tools | Display Modes |
|
||||
|
On! And ... I like newton hawker center chicken rice so you have to buy it for me ...
![]() Take plenty of USD though ... ![]() Yes .. the USD is falling like shit off a shovel .. but I seem to recall predicting gold would go to 500 GBP's with the exchange rate taken into consideration ... You read what MM Lee has recently written? Quote:
__________________
~ Unlimited IDNs / Email / MySQL databases / 1 click installs, 500GB storage (Increases by 2GB per week) 5TB Bandwidth and loads more for only $89 per year! (Usual price is $119.40)Click HERE & select the 'Yearly' hosting plan, fill in your information and enter IDNED in the 'Promo Code or email of who referred you' box. ~ Your discount will be applied on the confirmation page. Questions? PM me. |
|
||||
|
'financial naive' is fairly 'strong language' and if not invested .. well what to do?
BTW .. In the main .. gold I do actually own was made into coins many, many years ago and holds substantially more value as a coin than the gold content. Gold mines in general ... yes .. I know they use chemicals and the like but what to do? How to educate them? go back to 'panning' It's all about getting it out of the ground and onto the market in the fastest time possible. Ever buy a piece of gold? In any form? Ring? Earrings? Bracelet? Where there is perceived value by humans there will always be demand Quote:
__________________
~ Unlimited IDNs / Email / MySQL databases / 1 click installs, 500GB storage (Increases by 2GB per week) 5TB Bandwidth and loads more for only $89 per year! (Usual price is $119.40)Click HERE & select the 'Yearly' hosting plan, fill in your information and enter IDNED in the 'Promo Code or email of who referred you' box. ~ Your discount will be applied on the confirmation page. Questions? PM me. |
|
|||
|
MM Lee talked about China being relatively immune to the credit crunch. This is more of politics than fact, he has to kowtow to China after his son offended them 3 years ago.
Quote:
__________________
대한민국. com SouthKorea.com http://en.wikipedia.org/wiki/South_Korea |
|
|||
|
Quote:
You're a lucky fellow. ![]()
__________________
대한민국. com SouthKorea.com http://en.wikipedia.org/wiki/South_Korea |
|
||||
|
You didn't read abt what he said abt the economy? (This is from memory so don't quote me on it)
Expect a downturn .. blah blah .. nobody will starve but we will not bail out those who have invested in the property market etc etc .. I cant find a link for it but it was in ST Heavy words from a heavy hitter .. ![]()
__________________
~ Unlimited IDNs / Email / MySQL databases / 1 click installs, 500GB storage (Increases by 2GB per week) 5TB Bandwidth and loads more for only $89 per year! (Usual price is $119.40)Click HERE & select the 'Yearly' hosting plan, fill in your information and enter IDNED in the 'Promo Code or email of who referred you' box. ~ Your discount will be applied on the confirmation page. Questions? PM me. |
|
|||
|
Quote:
Oh yes, of course there's no bailout in Singapore, everyone knows that, he is hinting to owners in shaky position to sell while the market is still holding up.
__________________
대한민국. com SouthKorea.com http://en.wikipedia.org/wiki/South_Korea |
|
||||
|
You sure? I took a different message away from what he said? Sell to who? Enblocing has gone crazy on the East Coast .. Are the developers gonna be caught 'holding the baby'?
__________________
~ Unlimited IDNs / Email / MySQL databases / 1 click installs, 500GB storage (Increases by 2GB per week) 5TB Bandwidth and loads more for only $89 per year! (Usual price is $119.40)Click HERE & select the 'Yearly' hosting plan, fill in your information and enter IDNED in the 'Promo Code or email of who referred you' box. ~ Your discount will be applied on the confirmation page. Questions? PM me. |
|
||||
|
Yes, we have heard these arguments time and time again.
The sub-prime crisis is not just an American problem it is also a European problem, and to some extent an Asian problem because they lent us the money to get in this mess in the first place. Indeed, it really is there problem and not our problem because all we have to do is drop our interest rates and stimulate our economy, so they should be much more worried about it than us. In fact China is in real problem and the next US Boom is just around the corner. Who the fuck do they think they are kidding? One more interest rate drop and Bernanke is carry trade territory. The US economy will not boom until it find new investors, and dropping the interest rate is only likely to more capital investment flea the country for Asia. This is a risk reward scenario and Bernanke is trying to rig the World's financial market by offer lower return for much greater risk. But what actually manifested itself in the first place was a Credit Crisis because lender would not lend. It did not occur because American's would not borrow! China will cool a bit due to the American depression that is now undoubtedly coming. Yes, forget the R word nobody will mention. It is the D World we are talking about here. China, and to a lesser extent India have been struggling for several years to keep a lid on run away economies by restricting capital investment and running tight fiscal and monetary policies. Plenty of room for easing should they choose to do so, but it is actually likely that will tighten further by letting their currencies appreciate. The bottom line is bubbles burst. The US economy has been a bubble for several years now. It will burst. It is bursting. Get over it!
__________________
Yours RD. Sales threads older than 30 days are void unless stated otherwise. |
|
|||
|
Quote:
Yes, local residents aren't buying. Who's that crazy to pay US$1000-US$1200 a sq foot for suburb properties? Singapore is not america, the government doesn't do bailouts. There had been 3 recessions in the last 20 years when prices dropped 40-50%. They are not fools. At the moment, the developers are doing overseas launches - selling to gulf arabs with too much money and no where to spend. ![]() http://www.middleeastevents.com/site...s.asp?pid=2946 From the look of how things are going, they should be able to offload quite a lot of properties by the time of Beijing Olympics.
__________________
대한민국. com SouthKorea.com http://en.wikipedia.org/wiki/South_Korea |
![]() |
| Thread Tools | |
| Display Modes | |
|
|