Lee Hsien Loong told the truth this time - Singaporeans must suffer!

[Huat A Fuck!]

What he did not say is we are already fucked and will be fucked deeper and further as the time past, and the ending is still not visible yet.

http://business.asiaone.com/Business/News/Story/A1Story20111111-310105.html


>> ASIAONE / BUSINESS / NEWS / STORY

Friday, Nov 11, 2011
AsiaOne

Incomes will be under pressure soon: PM Lee

Prime Minister Lee Hsien Loong said on Wednesday that the incomes of low-end and white-collar workers will be under pressure soon.

PM Lee told CNBC in an interview that Singapore's economy is slowing down and will continue to do so going into 2012. This is due to global economic conditions getting tough.
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According to a Sept 1 economic report by the Monetary Authority of Singapore, economic activity in Singapore is likely to grow modestly in the second half of this year.

Statistics provided by the Ministry of Trade and Industry showed that Singapore's economy grew by 1.3 per cent from July to September after contracting by 6.3 per cent in the previous quarter.

This is on a seasonally-adjusted quarter-on-quarter annualised basis.

PM Lee also told CNBC there will be uncertainties because the economic cycles are shorter.

For the Singapore economy to continue growing at a strong pace, he said Singapore needed more workers, more skills and more talent.

Mr Lee also spoke on the economic situation in Europe.

When questioned by CNBC, he said the problem was deep and involved not just Greece but also other countries like Italy and Spain.

"It's not just the immediate problems but there're also longer term structural questions about the Euro, and whether it will go forward or it'll go backwards.

"They have to make sure that the problem does not spread beyond Greece and cause a run on Italy for example, which would have an implication for the whole world," he said.

 

[psy83]

Well if we got a fucking dirty chink communist family taking care of our affairs you niggers better be ready to face some type of hardships.

 

[halsey02]

Repent!, Ye sinners!, repent!

 

[bullfrog]

Have you realised that only Ministers' incomes do not come under pressure even if the global economy crashes?

In fact, he will even argue for more pay because the work is harder.

 

[tanwahtiu]

Ass Loong is highest well paid PM in the world and he tell us this shit for fuck, solve the problem if not fuck off and resign.

 

[aangsc]

trust me , you don't want them to do another pay cut because they will reward themselves much more when good times return ..that why now super high salary, our highest paid miw.

 

[no_faith]

sure or not? still many Q for iphone, new cars on the road, property rise like no tomorrow.

 

[Loofydralb]

For the Singapore economy to continue growing at a strong pace, he said Singapore needed more workers, more skills and more talent.

Muahahaha Singaporeans are going to be screwed again!

Its so obvious the message of the last ge does sink into his brains. Those dumb 60% Better wake up before they realise one day their cheese is gone.

 

[tonychat]

that is the result and effect of sinkie being a coward... sinkies deserve to suffer.

 

[Fook Seng]

sure or not? still many Q for iphone, new cars on the road, property rise like no tomorrow.

Did you hear about the income gap?

 

[Cruxx]

More MPs who are happier than peasants = Net happiness

 

[methink]

Prime Minister Lee Hsien Loong said on Wednesday that the incomes of low-end and white-collar workers will be under pressure soon.

For the Singapore economy to continue growing at a strong pace, he said Singapore needed more workers, more skills and more talent.

All others - incomes of low-end and white-collar workers, PMEBs, with the exception of ministars and MPs - will face salary cuts.

Yes Singapore do need more workers, more skills and more talent, so these chiat lau bees can have bigger and fatter salaries!

 

[Sinkieloser]

i thought all the while sinkies are screwed.

 

[jacobsgoh]

Ass Loong is highest well paid PM in the world and he tell us this shit for fuck, solve the problem if not fuck off and resign.

But he is doing his upmost waiting for the world economies to improve and help leeapore's.
lky's son cannot resign, he is afterall the inheritor; best he can do is sell off his inheritance.

 

[soikee]

Why the fuck he must wear a pink shirt and tie?

 

[Merl Haggard]

Am disappointed that Martin Sng didn't ask Pinkie why despite Temasek making huge losses in so many bad investments, he has not taken any step to replace Ho Ching.