Thursday, January 19, 2012

"no woman is desirable unless she cast a wide shadow"

QUOTE (KARTer @ Jan 20 2012, 10:07 AM) *
(Topic): Public transport in Singapore: Ride bicycle is faster. [This post]
what's the correct way to cycle in order to reduce weigh?... speed or distance? smile.gif thks

Thursday, January 5, 2012

Poor Mr CH Tan, owns 3 private properties but still quite an unhappy man.


ST Forum |Multi-property owner speaks up | Published on 5 Jan 2012
Source: The Straits Times / Forum (Published on 5 Jan 2012)
Personally, I feel that the writer has completely missed the point of the recent cooling measures implemented by the Government. Policies rarely benefit everyone across the board and there will always be people who suffer from such a policy change. In this circumstance, the Government has to keep in mind that the average Singaporean (unlike Mr. Tan) has to struggle with rising property prices, which has been driving up the cost of living in Singapore.

Keynes: Misplaced priorities, waylaid journey.

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Originally Posted by wbwbwbwibi View Post
you can do better than this article.........

Stimulating a ponzi economy, only prepares the ingredients, for welcoming WWIII.

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Originally Posted by wbwbwbwibi View Post
Quote:
Originally Posted by hehehehaha View Post
(This post: Re: 'World’s Biggest Economies Face $7.6T Debt')
The moral of the story - minister pay cut have no relation with USA debt.
Has the minister cut related w/Singapore recession.................?

No roll overs, no printing, unless you want to be like Zimbabwe today.

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Originally Posted by john_wai View Post
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Originally Posted by hehehehaha View Post
[this post]
The moral of the story - USA debt is in USD, just print more. Cash is king.
Not necessary... it is like you have outstanding housing debts that is maturing, you can take new loans to repay your existing maturing debts without having to increase your overall debt burden.. You merely "extended" the duration of your existing maturing debts by "rolling" them over to another new debt..

Tuesday, January 3, 2012

Salaries premised on what definition of GDP?

28% pay cut for PM, 31% cut for entry-level ministers proposed
President will get a 51% paycut
As for the rest, they are still million dollar minister. But the basis for their bonus looks interesting as it will be based on four measures: GDP growth, unemployment rate, real growth in median incomes and real growth in the incomes of the bottom 20 per cent of wage earners.
How to determine real growth?

Euro Debt: Let's stop this mindless ponzi borrowing and lending today.

Re: ECB/IMF announcement of Greek bondholders haircut- what is holding them back?
Yawn. And after this, let's just let Italy default, Spain default. And while we're at this, Ireland as well. And maybe, the US will than choose to default on the debts as well, so the world is square.
Its so convenient for people to keep saying cut this cut that and reduce debt and increase revenue. Only that in a country that has no economic growth, no government to spur growth, where got taxes huh?

Monday, January 2, 2012

The question about what constitutes a 'good' life: "The Blind Men and the Elephant" by John G. Saxe

Is he daft or is he sly?
We ask him to curb untalented white-collar FT and he went to target blue-collar.
Singapore Predicts

Sunday, January 1, 2012

Bondholders price in 75% haircut, so why shouldn't ECB concede?

[link]
Re:Sovereign debt question on 'yields'
Cool, thanks. Though it's not exactly "reasoning", it's just facts; relativism is for philosophy students.