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Serious Knn this year many in-debt sinkies will be jia lak liao.
- Thread starter hbk75
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Not a bad thing. Many dumb sinkies deserved to be fucked hard. I foresee a boost in the funeral industry.
They dunno it is a trap. All chiong and get loans like nobody business. Any hdb or condos listed out also ppl chiong to buy. Now usa is having Nixon kind of inflation liao. So must pay more interest liao. Normal days still ok. Now is taking ur health gamble with the vaccine to continue paying debts.
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Good choice. He won't be jobless and in debt anymore.
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These dumb sinkies are no different from the dumb tiongs, always thinking their property investments will only yield high returns.
Now u see ppl buying those recent mop flats. Original price 350k ppl can sell for double at 700k. The kum gong buyer next time can flip for 900k? The first owner earn all the profits liao. Left nothing for future sellers.
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Ya, leaving his wife and kids to clean his shit.
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I am awaiting news of vax injury (like paralyse/serious disability/retardation) forcing him to Superman.
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Just wait until World Cup 2022. More will Superman when they lose their pants betting on Brazil or France or Germany
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Inflation in usa due to ships being held up in ports. Goods end up spoilt. Its not really due to shortages.
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It is only the natural course that sinki goes extinct.
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Inflation up because of money printing
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m&ds are not only poor in maths but also economics. Never hear of the US Treasury printing money ?
Also due to Powell printing 40% of all m2 u
Money in existence. Nixon time no ships stuck also inflation.
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Wait a little while more.. retrenchment coming this year. The global supply chain crunch is putting pressure on companies that many will crumble this year. With nothing to sell, the only logical step is retrenchment. After that it'll spiral to a market crash and we begin the greatest reset the economy has ever seen.
The right thing to do now is to back up on cash and clear all your liabilities. Sell your property now at unrealistically high price (if you can) because in another 6-9 months, you'll be cherry picking assets at heavily discounted prices. Maybe buy back your home at >30% less. Remember 2007 when Orchard area properties are going for $1300 psf? It's coming back soon.
The right thing to do now is to back up on cash and clear all your liabilities. Sell your property now at unrealistically high price (if you can) because in another 6-9 months, you'll be cherry picking assets at heavily discounted prices. Maybe buy back your home at >30% less. Remember 2007 when Orchard area properties are going for $1300 psf? It's coming back soon.
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