A netizen wrote to comment on rising prices of everything, esp properties in Singapore:
This is the market… it is not rigged…
USA is printing money (Quantitative Easing)
The cheap money finds its way to Asia….. My relatives in China now makes US$3000 to US$5000 at age below 30….
Money is everywhere… and inflation causes everything including property to go up…
If you dont buy now if you have the means, you will regret…..
mmmmmmmm
Re: “The cheap money finds its way to Asia….. My relatives in China now makes US$3000 to US$5000 at age below 30″
That’s what they make in a month, as a salaried worker in a foreign owned firm….
Yes, they are graduates, from the top Chinese universities….. those at the bottom suffer, yes, but you will be at the bottom if you don’t move your backside… because the money will find its way here to buy up the local market….
This is a globalised world, and we better adjust ourselves to face the new challenges ahead ………….
This is the market… it is not rigged…
USA is printing money (Quantitative Easing)
The cheap money finds its way to Asia….. My relatives in China now makes US$3000 to US$5000 at age below 30….
Money is everywhere… and inflation causes everything including property to go up…
If you dont buy now if you have the means, you will regret…..
mmmmmmmm
Re: “The cheap money finds its way to Asia….. My relatives in China now makes US$3000 to US$5000 at age below 30″
That’s what they make in a month, as a salaried worker in a foreign owned firm….
Yes, they are graduates, from the top Chinese universities….. those at the bottom suffer, yes, but you will be at the bottom if you don’t move your backside… because the money will find its way here to buy up the local market….
This is a globalised world, and we better adjust ourselves to face the new challenges ahead ………….