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Old Fart Gave $3.2B to Sands?!!!!
- Thread starter makapaaa
- Start date
The casinoes will likely join the long list of white elephants...Tang Dynasty, Har Par Villa, Durian @ espanade, Singapore Flyer...can anyone remember any thing that enjoy great success in Singapore.
Don't forget all these other countries you have mentioned who are going to built casinos are already attractions on their own. Sinkholepore is so screwed.
Singapore's problem with these financial analysts is that these people often sugarcoat and badly mislead on financial prospects. And because they are often paid by the state press to say what the government wants to hear, and not what the government needs to hear, its no wonder whenever an economical news report, say unemployment, is released, the spinning from these people starts, and they often bubble up the positive side.
So if they say the unemployment rate remains bad, they will say that, oh because of the current market, this is to be expected. I'd worry if it doesn't. But with the IRs opening up soon, and with a few malls, I expect these companies would start hiring, and we will be home free again.
Any person who knows nuts about economical issues- and there are many, since economics is a science, isn't easy and for everyone- would believe these analysts because they were supposed to be experts. But they are being misled because these people are unreliable and have been politically compromised. They say what the government wants them to say, and not what the truth deems them what to say.
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