Global financial situation

[Angcheek]

Its actually very simple.

 

 

 

 

 

in the case of MY .......... Jib gor used the toilet roll to wipe his a** ?

[Duckduck]

http://schrts.co/1kAiI8

 

its early days but the short end of the USTs have been blasting off... 1 of the things i monitor all d time are the high yield debts n yield curve... once it inverts... its head for the hills time...

[Sunny]

US$ - 1

Gold - 0

Petrol companies (in Sg) - 1

Petrol consumers - suck thumb 0

RM - -1

[Wyfitms]

Its actually very simple.

 

They printed so much dollars that it is now worth

 

as much as toilet paper.

 

So if everyone took their wheel barrows of dollars

 

into the shops to buy things at the same time

 

there is too much money and not enough goods.

 

So to prevent this the banks pay people to hold their

 

money for them and the longer they hold their money

 

the more money they will pay them. The amount of

 

"more" money they will pay them is called "interest".

 

Simply put if you let me hold your 10 rolls of toilet paper

 

for one year, I will return you 11 rolls and the extra roll

 

is the "interest". "Interest" is also known as the price

 

of money. The more you give me to hold and the longer

 

I hold it I will pay you more.

 

 

 

 

if only my econs professor can explain in such layman english like you

 

i would have passed

SG Debt to GDP ratio is about 100% of GDP.

 

Not counting reserves I think.

 

http://www.tradingeconomics.com/singapore/government-debt-to-gdp

 

 

 

mai spread fear

 

wait everyone migrate to australia and withdraw all CPF

 

and all SG developers can also advertise condo as NO RESALE VALUE

[Duckduck]

my guess is global mkts r setting up for another leg up which will finally force US rates to jump hard n set the beginning of the end

[Showster]

I will exchange the 10 rolls of toilet paper for a working rolex anytime. Let me know where to change.

 

 

Its actually very simple.

 

They printed so much dollars that it is now worth

 

as much as toilet paper.

 

So if everyone took their wheel barrows of dollars

 

into the shops to buy things at the same time

 

there is too much money and not enough goods.

 

So to prevent this the banks pay people to hold their

 

money for them and the longer they hold their money

 

the more money they will pay them. The amount of

 

"more" money they will pay them is called "interest".

 

Simply put if you let me hold your 10 rolls of toilet paper

 

for one year, I will return you 11 rolls and the extra roll

 

is the "interest". "Interest" is also known as the price

 

of money. The more you give me to hold and the longer

 

I hold it I will pay you more.

 

 

 

 

[Tigerwoods]

 

if everyone knew wat they were doing, there wldnt be millionaires or paupers...

Totally agree.

Cantonese saying - Early know, No beggars.

Or

Mr incredible - if everyone has superpowers no one will.

[Jamesc]

 

if only my econs professor can explain in such layman english like you

 

i would have passed

 

 

Albert Einstein quotes

 

“It should be possible to explain the laws of physics to a barmaid.”

 

in 2 minutes if the physics professor understood his subject well.

 

Maybe your econs prof is not well verse in his subject.

 

Teaching econs is only my part time job, I am actually a dedicated

 

full time lesbian sex instructor. First lesson free.

 

[Fuelsaver]

 

if only my econs professor can explain in such layman english like you

 

i would have passed

 

 

mai spread fear

 

wait everyone migrate to australia and withdraw all CPF

 

and all SG developers can also advertise condo as NO RESALE VALUE

I somewhat welcome reset to baseline. Inflation has been kinda ridiculous these few yrs. migrating to aust isn't such a bad idea too if I can land a job requiring my expertise. At least house n car much more affordable.

[Rayleigh]

I somewhat welcome reset to baseline. Inflation has been kinda ridiculous these few yrs. migrating to aust isn't such a bad idea too if I can land a job requiring my expertise. At least house n car much more affordable.

Grass through glass always appear greener on the other side, but glass is fragile. Be wary. Be a minority in other's land?

[Fuelsaver]

Grass through glass always appear greener on the other side, but glass is fragile. Be wary. Be a minority in other's land?

no doubt there is a tendency for greener grass at the other side, but like i said earlier, also depends on who you meet and your luck.

[Wt_know]

economic downturn will be triggered by china stock crash rather than greece ...

Edited July 27, 2015 by Wt_know

[Hosaybo]

Hindsight...... Easy to 马后炮. I also know the Toto number after it comes out!

[Ktglfc]

economic downturn will be triggered by china stock crash rather than greece ...

 

When everybody can see, then its not a crash.. just a correction

enjoy the see-saw... it will go up another 8%

 

On a serious note, pls do have some spare cash.... invest with spare cash and invest with caution

[Myxilplix]

So what is the China govt going to do today to meddle with the market?

[Sdf4786k]

So what is the China govt going to do today to meddle with the market?

 

China still is a giant with a huge EGO..

 

Most definately step in to prop..

 

My guess is 2500 points is the starting point of re entry for buying china ..

 

Some have called this wishful thinking..

 

SG , I would imagine 2900 points ?.. now at 33XX..

[Wyfitms]

no worry, everything will be fine

 

all malicious sellers trying to bring the market down will be dealt with severely. likely to disappear from the face of the earth

 

http://www.zerohedge.com/news/2015-07-27/here-come-witch-hunts-chinese-regulator-urges-traders-rat-out-malicious-sellers

Hrmm its very complicated relationship between the Fed and the interest rates, from my simplistic understand its work like this

 

- Fed issues bonds to raise money

- Money is loaned to banks at low rates to spur the economy

- Fraction of it goes it the actual economy, most goes into property and stock market, bond market, commodities etc creating bubbles.

 

The fed keeps the rates low to ensure the economy is kept ticking (also debt repayment low), once the economy is self sufficient enough then they would raise the rates to rein in inflation and debt loading which has it adverse impacts on the long term as well.

 

http://www.economicshelp.org/blog/4927/economics/what-debt-levels-are-dangerous/

 

 

 

this one even easier to understand.. in comic form

 

 

Edited July 28, 2015 by Wyfitms

[Karu]

The downturn will probably be next year after the GE....

 

The economists have given their reports to PAP...

 

Then again... They'll play on the fear of S'porean, to choose wisely to help them ride the storm. Not entirely untrue also.

Edited July 28, 2015 by Karu