Serious Heng kicking can down the road...refuse swallow bitter medicine..throw money

S

SalahParking

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By draining the reserves of Singapore, debase Singdollar and weaken the foundations of sound monetary policy..like taking a big chunk out from the bottom and of jenga tower...the base is unstable, and you pile more pieces of debt on the top, eventually it will collapse..

already singdollar hit low of 1.45..what is the market telling us, STI stock market is like a global voting indicator, the smart money is not confident of ultra easy money, which failed in Japan for 30years, failed in Eurozone, etc

Kicking the can down the road is the easiest way out, leave it to the children and grandchildren to pay for past mistakes..
 
SalahParking said:
By draining the reserves of Singapore, debase Singdollar and weaken the foundations of sound monetary policy..like taking a big chunk out from the bottom and of jenga tower...the base is unstable, and you pile more pieces of debt on the top, eventually it will collapse..

already singdollar hit low of 1.45..what is the market telling us, STI stock market is like a global voting indicator, the smart money is not confident of ultra easy money, which failed in Japan for 30years, failed in Eurozone, etc

Kicking the can down the road is the easiest way out, leave it to the children and grandchildren to pay for past mistakes..
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A country that is held hostage by a husband and wife team will never have a happy ending. Ah Heng is just a minion under their thumb.
 
All this fuss about masks when they do nothing to stop the spread.
 
The model of turning inward for domestic demand to drive the GST machinary is severely flawed. Many people left high paying jobs to start a small cafe, restaurant, take out Acai and salad bowls..Where is your world class Companies? Why study for a degree or research to get PHD, where you can earn more selling pastries and bespoke gourmet eats.
 
SalahParking said:
the country is imploding
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Sounds just like the Americans lots of talking heads but all a load of hot air.

Taiwan is no match for Singapore. Singapore is so far ahead that Taiwan should just shut the fuck up and concentrate on their own problems and mind their own business.

The comparison of the per capita GDP of the two countries tells the whole story.


Screenshot 2020-04-14 21.12.30.png
 
SalahParking said:
The model of turning inward for domestic demand to drive the GST machinary is severely flawed. Many people left high paying jobs to start a small cafe, restaurant, take out Acai and salad bowls..Where is your world class Companies? Why study for a degree or research to get PHD, where you can earn more selling pastries and bespoke gourmet eats.
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You must understand why they turn inward to up their revenue using GST. Problem is that our GLC can't turn profit competing with World Class company. Of course the Human Resources they input into these GLC is also of questionable quality.

Where would you want to slot your highly paid apprentice after they left their highly paid uniformed job ? Of course some GLC for them to learn their trade.
 
This is the middle income trap, Singapore Ah Heng is kicking the inevitable Can down the road..there is a severe output gap..How much can the reserves hold up a deflating balloon.
 
congo9 said:
You must understand why they turn inward to up their revenue using GST. Problem is that our GLC can't turn profit competing with World Class company. Of course the Human Resources they input into these GLC is also of questionable quality.

Where would you want to slot your highly paid apprentice after they left their highly paid uniformed job ? Of course some GLC for them to learn their trade.
Click to expand...
Our GLCs are global uncompetitive. Some more loaded up with huge debt and give the appearance of hollow success.
 
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