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    S’pore is now richest in the world

    I don't think you understand my post. The US$ is historically, even artificially low, and will be (through the end of 2014 according to Bernanke) This is unprecedented in History, and granting that the neoclassical economic theory at the center of the Fed is sound and the process of deleveraging...
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    USA is Top Nation, Beats China Hands Down

    What you say is true. China might have 3 Trillion in reserves and 1 Trillion of US Debt, but this is a mercantilism at work. Accepting a lower standard of living to export a surplus of labor is central to the RMB "weakness". Currently the Chinese economy is in trouble, the surplus of labor is...
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    S’pore is now richest in the world

    Oh no not again. I am getting so tired of this nonsense. Yes, we have a high per capita BUT the US Dollar is artificially low due to Fed Funds policy of 0% interest rates. In 2002-03 the dollar was at 1.8 to the USD. Today we are trading at 1.25. Taking that GDP per capita into account lowers...
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    Dual Citizenship / NS Obligations / HDB Flats and Migration

    Yes there is its right off mission. Been there a few years ago did it close? or do you mean its a consulate not an embasy? God how nit picky
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    Dual Citizenship / NS Obligations / HDB Flats and Migration

    If you want bad service, visit any Singapore Embassy worldwide. Have horror stories from the ones on San Francisco and London for you.
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    2012 Olympics: Nation Power Rankings for Day 7...USA#1

    Their motivation is different they dream about it, and its sport to them. When it comes to the US of A many FT who live there hold dual citizenship and are American and something else and when it comes to the olympics opt to represent their other nationality - for example today Maria Sharapova...
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    Aussies are drunk dumb and racist.

    I see it differently. Its about evolution. Australia socially, is where America was in the 80s. I remember visiting Perth in the 80s and 90s - life was very different, very laid back and the Asians were not invading - the talk of the town was wealthy Indonesians and then Singaporeans who were...
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    NYC is cheaper to live in then Sydney.

    If the Chinese dont stop saving and start spending we are all in serious trouble. Domestic Consumption in China must rise or our financial system will collapse. China's surplus of labor and acceptance of lower living standards is what got the West into trouble in the first place. The surplus is...
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    Anyone Owns a boat?

    I've spent quite a bit of time and money now on 2 boats, but question is do you know what kind of boating you want? There are power and sail - both allow you to get away, sail is more quiet, and has less fuel charges and then there is power. Sailing requires some skill and handling power boats...
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    NYC is cheaper to live in then Sydney.

    I already told you. It all depends on China. Just wait and see what they do........
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    NYC is cheaper to live in then Sydney.

    Oh no its the return of the great Australian Sandwich!!! It was quite famous in the old forum. Its still all relative, Singapore and Australian dollars still at record highs compared to the US$ and by the end of the year the euro would be closer to parity. That means ALL of America AND Europe...
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    CPF Tax Audit

    In your case anything is possible. For the rest of Australia, it all depends on China...........
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    1 in 5 a millionaire in Singapore?

    This Boson Consulting Report strikes again. It does not include property. In Singapore, unlike other Western Countries, families tend to live together, so households are bigger, about 3.6 people per household. There are approx 1.2 Million "households" in Singapore. The report is based on the...
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    If you don't earn more then 300K a year in Australia you are poor.

    Re: If you don't earn more then 300K a year in Australia you are poor.ain Yes looking at the numbers its shocking. Every time I look at rents its going up - which is strange because during the last up-cycle I did not see a huge increase in rents. This time, yes. I wonder if the housing...
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    CPF Tax Audit

    Relax. For most Singaporeans, most if not all your CPF was amassed before you became a resident for tax purposes. In this case your CPF was contributed to on a pre tax basis prior to you being subject to Australian taxes and therefore not subject to Australian taxes as its not income, salary...
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    2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to live

    Re: 2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to Yes you are correct, locals dont have to pay rent but they do have home ownership costs - high rents make the city more "expensive" - Is it cheaper to own or rent? In Singapore owners complain about rents...
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    2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to live

    Re: 2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to Mercer is an HR firm. The list is for companies who send workers into other countries. The cost of living is based on a basket of goods and services such as clothing, a movie ticket, and food costs in these...
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    2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to live

    Re: 2012 Mercer Worldwide Cost of Living Survey- Singapore #6 Most Expensive City to Not surprising at all. We are now so successful, our leaders have delivered not only a Swiss standard of living, but a Swiss cost of living as well. http://www.mercer.com/costoflivingpr#City_rankings So we...
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    If you don't earn more then 300K a year in Australia you are poor.

    Its still about location, and we'll see about the interest rate boost. In Sydney Eastern Suburbs seems rock solid. But Australian property is still the most resilient market I have ever seen. But at least you are there, and not in SG. Just read in the coffeeshop the Mercer cost of living...
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    Singapore's unhappy millionaires

    This Boson Consulting Report strikes again. In Singapore, unlike other Western Countries, families tend to live together, so households are bigger, about 3.6 people per household. There are approx 1.2 Million "households" in Singapore. The report is based on the avg person in SG having S$360K...
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