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S'pore became a 1st-world nation under PM Lee's leadership: Ng Chee Meng at 2024 NTUC May Day Rally

VanDick

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Continued to deliver results for Singaporeans? Lets see.... exploding HDB pigeon hole prices, sky-rocketing COE prices, inflation spiraling out of control, foreigners taking over local jobs, the SimplyGo fiasco, just to name a few. Job well done. Ownself praise ownself.

And sure, Sinkieland has made exceptional economic and social gains.... at the expense of local retard sinkies, for the benefit of the foreigners.
 

millim6868

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This cb guy really how to por lan par , cb,now u see how useless ppl survive by sucking cocks, ntuc chief ,cb lah, u put a monkey there all same, lol
 

birdie69

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Continued to deliver results for Singaporeans? Lets see.... exploding HDB pigeon hole prices, sky-rocketing COE prices, inflation spiraling out of control, foreigners taking over local jobs, the SimplyGo fiasco, just to name a few. Job well done. Ownself praise ownself.

And sure, Sinkieland has made exceptional economic and social gains.... at the expense of local retard sinkies, for the benefit of the foreigners.
But they did help the reduce the rental price at Ridout Road, lol!
 

Hightech88

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20OX4yT.jpg

 

laksaboy

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Asset
He lost his MP and minister position after the loss of Sengkang GRC during GE2020, but shamelessly stayed on as ntuc chief.

He stayed on because his master told him to stay on. Nothing these goons do is out of their own volition.

Pappies who lose in an election tend to fall into these categories:

1) Lurk around in the same GRC and become the 'grassroots advisor' rabble rouser responsible for bribing the residents there ('sweeten the ground') for the next election.

2) Get parachuted to another 'safe' GRC.

3) Hang about in the various organizations e.g. CASE, NTUC or GLCs, or certain law firms or the academia.

4) https://en.wikipedia.org/wiki/George_Yeo#Post-political_career
 

laksaboy

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NTUC is a fraudulent labour union and a proxy organization of the PAP regime. See also People's Association.
 

laksaboy

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LOL, a tribute segment to Pinky at the NDP. :biggrin:

I expect great things for NDP60 and LKY15 in 2025. :sneaky:

 

oliverlee

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When you have plebeians like @JohnTan carrying balls on this forum how would you not expect cretins with broader shoulders higher up in the food chain?
 

po2wq

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... Sinkieland became a first world nation under LKY ...

144409.jpg

... S'pore became a 1st-world nation under PM Lee's leadership: Ng Chee Meng at 2024 NTUC May Day Rally ...

sinkielan has undeniably bcum a 1st world nation under lky ...

now, tis burger craimed dat ah loong made sinkielan bcum 1st world nation ...

ok, den ... wat happened during ze gap in between? ...

from oredi 1st world 2 bcum 1st world again 2 happen, u haf 2 drop down 2 @ least 2nd world ... n oni den can u climb back 2 1st ...

so, tis burger has subtly but viciously insinuated dat ah woodrow has made sinkielan dropped down from 1st world ...

datz a massif insult 2 ah woodrow ... ah woodrow does not nid tis insult from a young punk ...


ze purpose of tis burger is crystal clear ... he wans a safe seat nax erection so dat he can get back 2 pariahmen n a multi million $ salary ...

2 achieve dat, he carry bols ...

n he has no qualms stomping n trampling on others ... even on sex pee am who he perceived as powderless ...

wat mor u low ses, went 2 lousy skool peasants ... he wil stomp n trample all over u in order 2 achieve his personal gains ...
 

k1976

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Careful of Ah Tiong curve ball?​

Markets are worried about the Chinese yuan sparking a new wave of turmoil​

Huileng Tan
Thu, 8 August 2024 at 2:07 pm SGT4-min read



How bitcoin halving affects crypto prices

Scroll back up to restore default view.
  • Markets are stabilizing after Monday's selloff, but concerns are shifting to the Chinese yuan.
  • Some analysts are warning of potential yuan carry trade unwind.
  • Japan's interest-rate hike triggered a massive selloff on Monday due to the yen carry trade unwinding.
The markets appear to have stabilized after melting down on Monday, but there's a new worry on the horizon in the form of the Chinese yuan.
Monday's massive market selloff — the worst on the Nikkei since Black Monday 1987 — was in part triggered by the unwinding of Japanese yen carry trades.
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"The next carry trade unwind could be the yuan," Khoon Goh, the head of Asia Research at ANZ, told CNBC on Wednesday, pointing out that the offshore yuan already jumped against the dollar earlier on Monday as a kneejerk reaction to the yen carry trade unravel.

The carry trade strategy involves borrowing Japan's longstanding ultra-low interest rate environment to fund higher-yielding assets elsewhere. The Bank of Japan's rate hike last week, however, jolted the market, forcing investors who borrowed to fund their carry trades to liquidate their positions, setting off the global market rout.

Now, analysts and investors are jittery about the same happening in the Chinese yuan.
China is in a low interest-rate environment as authorities are trying to boost the country's flagging economy.
 
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