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2016 Recession Year? Gloom and doom 2017!


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Turbocharged

MAS relaxing rules on car loans is a sign already

 

need to boost domestic spending... never mind that more people will be in debt

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Dow cheong ah !!! all expecting rate hike in Jun is off the table liao !!!

Aunty Yellen said 'Uncertainty' 15 times in her latest speech meant she's clueless...so traders find their own way to go in the markets...

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Turbocharged

Haha how does cheaper homes relate to 70%

 

p8p did all d CMs post GE11 mah then we gave them 70% vote in GE15... basically telling them the CMs are good.

 

now economy pua toh liao how? lol

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p8p did all d CMs post GE11 mah then we gave them 70% vote in GE15... basically telling them the CMs are good.

 

now economy pua toh liao how? lol

Aiyo, must give more credits to PAP, SG economy cannot be running on just the RE engine alone, like that FAIL big time liow.

 

The economy is bad partly because the Chinese locomotive that has pulled us ahead for last 10 years, generating huge demand for commodities, is, oil and gas, coal, steel, etc, is finally slowing down. Even our 2 world class casino are reporting lower numbers and higher PRC bad debts.

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Twincharged
(edited)

p8p did all d CMs post GE11 mah then we gave them 70% vote in GE15... basically telling them the CMs are good.

 

now economy pua toh liao how? lol

With or without CM, economy will still be very weak. In fact, without CM, I believe Singapore will be in a lot worst shape as compared to now.

Edited by Yewheng
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With or without CM, economy will still be very weak. In fact, without CM, I believe Singapore will be in a lot worst shape as compared to now.

 

I agreed too... 

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Bank interests have been dropping compared to few months ago, just wondering when will home loan interests fall again :D

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Bank interests have been dropping compared to few months ago, just wondering when will home loan interests fall again :D

Banks are widening the gap between bid and offer to increase margins.

The interest they pay will be low but the interest they take will not be.

Home loan interest unlikely to fall.

With or without CM, economy will still be very weak. In fact, without CM, I believe Singapore will be in a lot worst shape as compared to now.

I agree three.

 

Without CMs, i think i will see some foreclosure cases amongst some people i know.

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Hypersonic

Bank interests have been dropping compared to few months ago, just wondering when will home loan interests fall again :D

 

Anything that increase their pockets, will not come down lah ...

Buy bank stocks ! :D

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Hypersonic

Bank interests have been dropping compared to few months ago, just wondering when will home loan interests fall again :D

Wabbit full cash your home lah

 

Elite mcfer rule

 

Don't be like peasant me full of debt

 

 

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Turbocharged
(edited)

With or without CM, economy will still be very weak. In fact, without CM, I believe Singapore will be in a lot worst shape as compared to now.

 

i disagree. without CMs, d mkt wldve shot up n exploded then crashed, n by now its on natural recovery phase. 

 

Instead, now we have a zombie property mkt that neither wants to die or alive. A directionless mkt is much worse than boom bust IMO.

 

boom bust economy brokers still got job n traders can take advantage, a dead mkt due to CMs has caused alot more job losses IMO, n its so bad that overall economy now has been affected due to zero wealth created from prop mkt.

 

 

To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive

Edited by Duckduck
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Hypersonic

And dont a a jobless bum like me selling my possessions to survive

 

watch thread sell watches

 

porker thread sell porker

 

property thread?

 

:D

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Hypersonic

i disagree. without CMs, d mkt wldve shot up n exploded then crashed, n by now its on natural recovery phase. 

 

Instead, now we have a zombie property mkt that neither wants to die or alive. A directionless mkt is much worse than boom bust IMO.

 

boom bust economy brokers still got job n traders can take advantage, a dead mkt due to CMs has caused alot more job losses IMO, n its so bad that overall economy now has been affected due to zero wealth created from prop mkt.

 

 

To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive

 

2 of my favourite words.

 

There is nothing better than

 

a good boom boom

 

and a nice bust.

 

:D

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