Policy watch: Economy strategy

[SgParent]

http://forums.delphiforums.com/3in1kopitiam/messages?msg=65978.31

Singapore's PMI shrinks for 3rd month, recession looms
http://sg.finance.yahoo.com/news/singapores-pmi-shrinks-3rd-month-132959368.html

>

SINGAPORE, Oct 2 (Reuters) - Singapore's manufacturing

sector contracted for a third consecutive month in September as

new orders fell further, a business survey showed, bolstering

the view the trade-dependent city-state likely slipped into

recession in the third quarter.
...
<


1M thanks to the White Scums, Singapore is still stuck in the strategy formulated decades ago, plague by failed policies and missed opportunities.

That's why our economy is so affected by manufacturing output.

*** HINT: you know why the White Scums are so keen to continue importing cheaperest foreigners?***

===EDIT===
And do you know why recently many normally chobolan White Scums came out to say importation of cheaperest foreigners is slowing? To blame the recession on less foreigners, and they'll tell you not to say they never warn you earlier

 

[singveld]

USA down, EU down, Japan down, china going down too, so you expect singapore economic to go up? Not realistic right?

 

[SgParent]

USA down, EU down, Japan down, china going down too, so you expect singapore economic to go up? Not realistic right?

Sure if the rest of the World is down, Singapore economy will be affected. But if we had moved on/up to something else at least true pink Singaporeans could enjoy a decent job with decent pay on a decent inflation rate in a decent environment, instead of getting hit so many times over