Casinos and Shopping Malls are Not The Answer

[TracyTan866]

Has Singapore gone over-board, with real estate fluffing of prices up ?
What real net benefits, does real estate provide ?
Isn't Real Estate like self-cannibalism?

I am glad you can see pap's foolishness

 

[TracyTan866]

The problem is that there are too many PAPees & they are grossly overpaid. Which country pays their civil servants million dollar salaries

Spore tax payers can't afford so many parasites. Any future gov'ts that take over from the PAP will have to make cut backs & I expect them to be busy hunting down all the $$$ that is out there.

on top of that, ministers who served 10 years of service are given pensions for life. And there are many of these retired ministers

 

[TracyTan866]

thats what happens when you depend on gambling , real estate and construction sector all these while. even the casinoea are just for 2-3 years and when Korea, vietnam and phillipines open theirs and China clamp down on corruption, it would go bust. actually there is no real economy in sinkieland as not much talent and no creativity and no real product made. all teh financial products are con jobs and soon tehse wold die a quick death when people realise there is no short cut to getting rich.
everything here is copycat and almost all the success you hear in shitty times is just hot air perpertuated by the shiutty times. we do not have a bill gates or steve jobs or even a warren buffett. 99% of all the billionaires here are crooks or depend on property to get rich which is useless and not an indicator of how advanced or smart a country is. I forsee very difficult times ahead. the GINI coefficient is going to get wider.

I agree, hence my thread.

I see dangers ahead for SG and bad times for Singaporeans. those who take million dollar loans to finance their property purchase risk bankruptcy when recession hits.

 

[tonychat]

were you a Singaporean?

Of course I am.. But there is one here who say I am a malaysian but I am an Australian now...

Soon I will be a Thai.

 

[TracyTan866]

Of course I am.. But there is one here who say I am a malaysian but I am an Australian now...

Soon I will be a Thai.

U are truly an international citizen.

I hv high regards for people like you who are well travelled, experienced and wise, unlike many pap leaders who are sheltered and lead a cocooned life

 

[TracyTan866]

Of course I am.. But there is one here who say I am a malaysian but I am an Australian now...

Soon I will be a Thai.

Australia is a nice country. Why not stay in Aus?

 

[Reddog]

The PAP has run out of ideas and is leading Singapore downhill. The pap is depending on casinos and shopping malls to lead SG into the future.

The pap has failed us badly. The pap can only create jobs such as groupiers and waitresses for Singaporeans.

SIA is failing, NOL is failing, Biotech is gone. SGX is failing

Dear Tracy, you are wrong especially with regards to casino creating jobs for sinkaporeans. Most, indeed a great majority of jobs in casinos are for foreigners. Mainly pinoys and pinays.

 

[TracyTan866]

Dear Tracy, you are wrong especially with regards to casino creating jobs for sinkaporeans. Most, indeed a great majority of jobs in casinos are for foreigners. Mainly pinoys and pinays.

You hv a good point. Most Singaporeans are wise enough not to go for groupier jobs

 

[frenchbriefs]

Singapore is doomed,they have gone down the rabbit hole there's no turning back.once LHL embarked on the madness 10 years ago of importing foreigners by the truck loads and pumping this economy on steroids for the sake of fake growth,we are fucked.this roller coaster economy is going to come to a big crash. LHL has become the Lance Armstrong of the South east Asia tiger miracles.10 years later LHL is going to be on Oprah crying and sobbing how importing foreigners felt so good and the praises and allocades felt like steroids.

 

[TracyTan866]

Singapore is doomed,they have gone down the rabbit hole there's no turning back.once LHL embarked on the madness 10 years ago of importing foreigners by the truck loads and pumping this economy on steroids for the sake of fake growth,we are fucked.this roller coaster economy is going to come to a big crash. LHL has become the Lance Armstrong of the South east Asia tiger miracles.10 years later LHL is going to be on Oprah crying and sobbing how importing foreigners felt so good and the praises and allocades felt like steroids.

Agree. You are indeed wise. You see through the façade and pretense of the pap. We need more Singaporeans like you. the sooner the pap is kicked out, the better it is for Singaporeans.

The pap's greed, addiction to money and addiction to cheap foreign labour must be stopped at all costs.

As Liew Heng San once said, the pap is addicted to gambling because gambling brings in good revenue to the pap. But this revenue is sin's money and should not be desired or coveted

 

[TracyTan866]

Singapore is doomed,they have gone down the rabbit hole there's no turning back.once LHL embarked on the madness 10 years ago of importing foreigners by the truck loads and pumping this economy on steroids for the sake of fake growth,we are fucked.this roller coaster economy is going to come to a big crash. LHL has become the Lance Armstrong of the South east Asia tiger miracles.10 years later LHL is going to be on Oprah crying and sobbing how importing foreigners felt so good and the praises and allocades felt like steroids.

Lance Armstrong was once the toast of the cycling world but has fallen from grace because his addiction was found out. When will the pap fall from grace? I foresee pap's fall is imminent because the pap's addiction will likewise be found out

 

[Pinkieslut]

It's okay to have shopping malls, but there are just too many of them these days, with the same old shops found everywhere.

Think back to the days when it was wonderful to have a weekend family outing to go to Plaza Singapura or Parkway Parade. All week you would be looking forward to it.

Shopping mall is already dead (except the few key ones). Same freaking brands. Most people now buy cheap or expensive from online. Only reason to go mall is enjoy Aircon and eat in restaurants. That's why now the new malls devote high percentage of space to food (which actually attracts lowest rents, use mainly to get traffic). It's doomed.

 

[SunHo]

Of course I am.. But there is one here who say I am a malaysian but I am an Australian now...

Soon I will be a Thai.

Why not u say u are from outer space?

 

[TracyTan866]

Shopping mall is already dead (except the few key ones). Same freaking brands. Most people now buy cheap or expensive from online. Only reason to go mall is enjoy Aircon and eat in restaurants. That's why now the new malls devote high percentage of space to food (which actually attracts lowest rents, use mainly to get traffic). It's doomed.

Good summary of the sad mall situation in SG. Indeed bedok Point is struggling because of Bedok Mall. In time to come, Parkway Parade will also struggling because of I12 and the coming underground Mall at Marine Parade. There are too many Malls selling the same products and service

 

[TracyTan866]

Why not u say u are from outer space?

Because he would sound silly if he said it

 

[SunHo]

Because he would sound silly if he said it

Because he is a Jiu Hu Kia Loser.

 

[TracyTan866]

Because he is a Jiu Hu Kia Loser.

ok..that may be a reason too

 

[TracyTan866]

Shopping mall is already dead (except the few key ones). Same freaking brands. Most people now buy cheap or expensive from online. Only reason to go mall is enjoy Aircon and eat in restaurants. That's why now the new malls devote high percentage of space to food (which actually attracts lowest rents, use mainly to get traffic). It's doomed.

Amazing! there are at least 94 Malls/Shopping Centres in Singapore. It is a matter of time before some of these Malls go bankrupt

 

[Romagnum]

How can S'pore be doomed when we are No 1 in the world in so many categories?

Ok, we may retreat a little as the younger people don't want to work as hard, but certainly not doomed.

 

[TracyTan866]

How can S'pore be doomed when we are No 1 in the world in so many categories?

Ok, we may retreat a little as the younger people don't want to work as hard, but certainly not doomed.

Your optimism mirrors PAP's. But your optimism is misplaced. Don't believe what pap says about SG's standing. Don't just read pap news