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COE Bidding – 2nd Round of October 2019


Carbon82
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2 minutes ago, 13177 said:

Skoda cars suddenly become quite popular recently. Lol.

In this thread only la.

Saw few otr. Quite chio 

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28 minutes ago, Dilemma said:

Altis was just an example. I can use the example on a sienta as well. what i'm trying to say is popular cars have better resale value compared to rare make/models.

Reply is spot on! 

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1 hour ago, Dilemma said:

Altis was just an example. I can use the example on a sienta as well. what i'm trying to say is popular cars have better resale value compared to rare make/models.

How much better? Any ballpark figure?

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2 hours ago, 13177 said:

Skoda cars suddenly become quite popular recently. Lol.

Must read between lines haha...

He is driving some messages across..lol

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COE will be $100,000 next round.

The US government will pump in as as much as 100 billion a day to save the world economy.

More than 100 billion each and every day I am not kidding.

:D

Quote

 

The New York Fed announced it is increasing its temporary overnight repo operations to $120 billion a day from the current $75 billion.

In addition to the repo increase, term repo operations are rising to $45 billion, from $35 billion

The Federal Reserve is ramping up the amount of temporary liquidity injections it is providing for overnight lending markets.

Starting Thursday, the repo operation offerings will escalate to $120 billion from the current $75 billion as the central bank continues to calibrate the right amount of funding needed to keep the markets operating properly and to hold the overnight funds rate within its target range.

The announcement came from the New York Fed, which did not elaborate on the reason for the increase. However, it comes a day after the Fed injected just shy of $100 billion into the system via an operation where it provides banks with cash in exchange for high-quality assets like government bonds.

 

 

https://www.cnbc.com/2019/10/23/fed-repo-overnight-operations-level-to-increase-to-120-billion.html

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1 hour ago, Jamesc said:

COE will be $100,000 next round.

The US government will pump in as as much as 100 billion a day to save the world economy.

More than 100 billion each and every day I am not kidding.

:D

 

https://www.cnbc.com/2019/10/23/fed-repo-overnight-operations-level-to-increase-to-120-billion.html

The Fed is getting it totally wrong!  Gibing money to the banks will not save the economy.  The banks will use it to buy more bonds and not lend to companies.

The Fed should listen to Andrew Yang, just give money directly to you and me for free. Guaranteed we will spend it immediately and drive up the world's economy.

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8 hours ago, 13177 said:

Skoda cars suddenly become quite popular recently. Lol.

I suspect it is because the current line up are nicely styled and masculine looking sedans. Reminded me of the Chevy Cruze when it first came into SG around 10 years ago. You see many of them on the road then. Of course, not many left as all the issues started to appear in the 6-7th year. Hopefully the Skodas are not the same.

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15 hours ago, Jamesc said:

COE will be $100,000 next round.

The US government will pump in as as much as 100 billion a day to save the world economy.

More than 100 billion each and every day I am not kidding.

:D

 

https://www.cnbc.com/2019/10/23/fed-repo-overnight-operations-level-to-increase-to-120-billion.html

100 billion a day is alot of money. How does this affect the world?

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We had been off tracked for awhile.

While we still are, may I add that a true driver/car lover will not place that much emphasis on resale value, easy upkeep, low maintenance and what have you.

This is akin to one consider his/her partner's  resale value (or divorce settlement), lifestyle etc as criteria for marriage. No passion, no consideration of style, handling, safety, performance. Just reliable,  high resale value will do?

 

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10 minutes ago, andrewyewkc said:

100 billion a day is alot of money. How does this affect the world?

The value of money becomes smaller. 

Just like RM always goes down. 

The US dollar will goes down even faster. 

And the people that owns the most US debt is China. 

China because everyone in China saves their money even if they only earn a few dollars a day will save 20 to 30% means China banks will have billions. 

China banks with so much money have bought US bonds. 

The US$ will fall and the China banks will get a lot less money back on their investments. 

This will cause the China banks to get into trouble. 

:D

 

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If we think about it it's not companies that crash the economy. 

It's not us consumers that crash the economy so who is it that crash the economy? 

A Republican president implementing Voodoo economics. 

Voodoo economics have a few names. Monetarism or trickle down economics or neo classical economics. 

October 1987 stock market crash US president was a Republican Ronald Reagan. 

2008 crash Republican president George Bush. 

2020 crash US president Trump a Republican. 

:D

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A Republican president will mess up the economy and COE will go down. 

A democrat president will fix the economy and COE will go up. 

:D

I only like Republicans and that's why I support Trump. 

Although he is a lousy man and a lousy president. 

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1 hour ago, Jamesc said:

The value of money becomes smaller. 

Just like RM always goes down. 

The US dollar will goes down even faster. 

And the people that owns the most US debt is China. 

China because everyone in China saves their money even if they only earn a few dollars a day will save 20 to 30% means China banks will have billions. 

China banks with so much money have bought US bonds. 

The US$ will fall and the China banks will get a lot less money back on their investments. 

This will cause the China banks to get into trouble. 

:D

 

:secret-laugh: China don't use money against money in exhange ....

Only USA use that to weck othe countries. Remember George Soros in the 80's ... [sly]

 

Edited by Picnic06-Biante15
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2 minutes ago, Picnic06-Biante15 said:

:secret-laugh: China don't use money against money in exhange ....

Only USA use that to weck othe countries. Remember George Soros in the 8's ... [sly]

 

Yah lah and USA wants to wreck the China economy. 

I remember that George Soros don't like Dr M and wreck the Bolahland economy. 

Dr M Vision 2020 because Vision 2120.

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