We are one of the richest country? But.....

[BuiKia]

New bankruptcy cases hit four-year high

The number of people made bankrupt last year rose by 14 per cent to reach 1,992 - the highest since 2009.

The Insolvency and Public Trustee's Office (IPTO) under the Ministry of Law gave general reasons for the rise: overspending, business failure and unemployment.

Certainly, the overall jobless rate has risen - from 1.8 per cent at end-2012 to 2.2 per cent in June last year, according to the Ministry of Manpower.

The business environment also got tougher last year.

 

[AhMeng]

PAP Porlumpars are the richest.
Not Sinkies.

 

[Leongsam]

New bankruptcy cases hit four-year high

It doesn't matter how rich a country is. Bankruptcy isn't caused by poverty. It's caused by people making poor financial decisions like buying an Audi or Merc when they should be driving Toyotas or Mitsubishis.

 

[eatshitndie]

that's the number that keeps showing up as "guests" on sbf. :p

 

[AhMeng]

just take a walk along Rangoon road and you can see stupid investors who bought all these studio shoe box apartments having problem renting them out!
hahahaha.....soon all will collapsed...

 

[Kuailan]

PAP Porlumpars are the richest.
Not Sinkies.

Yes you're RIGHT!!!

PAP are fucking RICH but the Sinkies are damn POOR
being suck dry by the parasites!!

No blood left in the body!

 

[Leongsam]

Yes you're RIGHT!!!

PAP are fucking RICH but the Sinkies are damn POOR
being suck dry by the parasites!!

No blood left in the body!

If Sinkies are poor, how do you explain the fact Mercs, Beemers and Audis are amongst the top selling cars. In fact more Porsches were registered than Kias. This proves beyond doubt that Singaporeans are extremely wealthy.

http://www.lta.gov.sg/content/dam/l...iles/FactsandFigures/M03-Car_Regn_by_make.pdf

 

[GoldenPeriod]

If Sinkies are poor, how do you explain the fact Mercs, Beemers and Audis are amongst the top selling cars. In fact more Porsches were registered than Kias. This proves beyond doubt that Singaporeans are extremely wealthy.

http://www.lta.gov.sg/content/dam/l...iles/FactsandFigures/M03-Car_Regn_by_make.pdf

Who the feck would want to drive a Kia with such a high COE? The reason why more conti cars are bought is because of the COE value vis-a-vis the car. It's all relative value.

 

[neddy]

It doesn't matter how rich a country is. Bankruptcy isn't caused by poverty. It's caused by people making poor financial decisions like buying an Audi or Merc when they should be driving Toyotas or Mitsubishis.

Driving Toyota is not a sign of the rich.
Driving Mitsubishi is worse.

 

[Leongsam]

Who the feck would want to drive a Kia with such a high COE? The reason why more conti cars are bought is because of the COE value vis-a-vis the car. It's all relative value.

The fact that the COE is so high is more evidence that Singaporeans have plenty of money to burn on nothing more than a piece of paper.

If Singaporeans were poor, the COE would be far lower.

 

[Agoraphobic]

DO NOT call Singaporeans poor. The last person who did angered the citizens so much he had flee. Singaporeans are not poor, maybe smelly.

Cheers!

.....
If Singaporeans were poor, the COE would be far lower.

 

[Leongsam]

DO NOT call Singaporeans poor. The last person who did angered the citizens so much he had flee. Singaporeans are not poor, maybe smelly.

Cheers!

I would be the last person on earth to call Singaporeans poor. Thanks to the PAP, there is no poverty in Singapore.

 

[Agoraphobic]

What about "smelly?"

Cheers!

I would be the last person on earth to call Singaporeans poor. Thanks to the PAP, there is no poverty in Singapore.

 

[Leongsam]

What about "smelly?"

Cheers!

All Chinese stink because they eat too much pork.

 

[Agoraphobic]

What about those who eat dog?. Oh, some Chinese are vegetarians, but they still have BO, how come?

Cheers!

All Chinese stink because they eat too much pork.