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Serious Singapore economy 'in for a tough period': Tharman

frenchbriefs

Alfrescian (Inf)
Asset
I dont mind importing 10 million people and building 10 casinos if I get a cut of the profits.in macau,the gpvernment shares the massive gambling revenues with the citizens,high paying jobs are plentiful if u are interested in the casino industry,swissland shares its ill gotten wealth from africa with its citizens.where is my money?what kind of capitalism is this?what kind of company is this?we are the original shareholders we should be richer not poorer.$1000 invested in berkshire harthaway in 1963 is worth $10,000,000 today.why the fuck isnt my grandmother worth 10 million?
 

Runifyouhaveto

Alfrescian
Loyal
"rough period" will be better as sinkies like it rough from the rear.

Singapore companies are less profitable going forward.
More Singaporeans are facing salary-freeze going forward.

We badly need a GST hike to save our country because singaporeans and corporations will be paying less and less income tax these days.
 

Dark Knight

Alfrescian (Inf)
Asset
GST hike?
Let in more Foreigners?
Sustain sillypore's economy based on consumption?
If the gahbrament really think that getting more foreigners into this jam packed little dot can increase both demand and supply, that means they already ran out of ideas long time ago.

For the rich and powerful, it doesn't bothers them much.
But if the cost of living is high, plus earning power and spending power of the middle class, average locals and foreigners is low the demands will goes down as well and suppliers will also ran out of business soon.
Building our economy based on consumption will not last long.
 

frenchbriefs

Alfrescian (Inf)
Asset
a country should be flexible,in times of good economy,we take in economic refugees by the boat loads,in times of economic downturn we should be deporting workers by the plane loads.just like a athelete shedding fat as he transitions from training phase to competition phase,keeping your body at optimal body fat conditions to prevent occupational injury.after all whats the point of having workers when there is no economy?
 

frenchbriefs

Alfrescian (Inf)
Asset
GST hike?
Let in more Foreigners?
Sustain sillypore's economy based on consumption?
If the gahbrament really think that getting more foreigners into this jam packed little dot can increase both demand and supply, that means they already ran out of ideas long time ago.

For the rich and powerful, it doesn't bothers them much.
But if the cost of living is high, plus earning power and spending power of the middle class, average locals and foreigners is low the demands will goes down as well and suppliers will also ran out of business soon.
Building our economy based on consumption will not last long.

our government is clueless......they only know the age old dinosaur method of attracting MNCs to our country to create jobs,offering them tax cuts and tax havens,zero labour laws and non unionization and tripartism and offering our workforce as cheap labour and sacrificial lambs.

instead of building strong powerful MNCs and expanding into other countries and tapping into foreign markets,economies and populations and bringing the bacon home,we are focusing inwards rather than expanding outwards,soon this island will reach a critical mass and the number of human bodies on board the mrt will reach a critical limit,a sinkie and bunch of ft will collide with each other,creating a implosion and chain reaction,sucking every living thing,living matter and atom from the surrounding and compressing it into a tiny singularity before a flash of white light brighter than the sun momentarily dazzles our eyes before it obliterates singapore from the surface of the earth.
 
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Wunderfool

Alfrescian (Inf)
Asset
Outstanding idea bro. Don't impose quota, just let all foreigners to come here and work and we tax 30-35% of their gross pay.
Then all give every citizen $1000 a month to eat hokkien mee, chicken rice, char kuayteow, everyday at hawker centre.

MAKE SINGAPORE GREAT AGAIN!!!

That is what Trump is going to do for USA if he wins !!! But everyone even amongst his own Republican party thinks he is a freak.
 

SgGoneWrong

Alfrescian (Inf)
Asset
Singapore companies are less profitable going forward.
More Singaporeans are facing salary-freeze going forward.

We badly need a GST hike to save our country because singaporeans and corporations will be paying less and less income tax these days.

What Sg badly need is estate tax etc. it lost hundreds of millions in estate tax when dead old bastard went to hell.
 

SgGoneWrong

Alfrescian (Inf)
Asset
we are focusing inwards rather than expanding outwards

That's because sg govt lost money in so many overseas ventures until scared and they concluded that they should do what they do best in - skinning sinkies and making money in their monopolised market.

Anyway, i watched cna this yr, sg govt invests in countries like Vietnam.
 

Satyr

Alfrescian
Loyal
I dont mind importing 10 million people and building 10 casinos if I get a cut of the profits.in macau,the gpvernment shares the massive gambling revenues with the citizens,high paying jobs are plentiful if u are interested in the casino industry,swissland shares its ill gotten wealth from africa with its citizens.where is my money?what kind of capitalism is this?what kind of company is this?we are the original shareholders we should be richer not poorer.$1000 invested in berkshire harthaway in 1963 is worth $10,000,000 today.why the fuck isnt my grandmother worth 10 million?

Wasn't that the idea of the two casinos ? Have we seen anything ? Lower costs ? Higher employment for locals ? Nadir.
 

frenchbriefs

Alfrescian (Inf)
Asset
Wasn't that the idea of the two casinos ? Have we seen anything ? Lower costs ? Higher employment for locals ? Nadir.

True what was the purpose of the two casinos?what have we seen from it until now?where did 7 years revenues go?
 
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