Thursday, February 9, 2012

Did TTSH stint on staff deployment?

Quote:
Originally Posted by nobodywantstolisten (10Feb2012) View Post
Topic: TTSH: Patient fell off the bed for his own good.
Morals of the reply:
1. In any hospital here, complaints are always refuted. They are always right. You have signed the indemnity form before admission. You life in our hands. Patients not like customers. You pay and we lord over you.

SG healthcare: in all instances, there is no difference in medical care of the patient

Quote:
Originally Posted by sock_min View Post
Topic: TTSH: Patient fell off the bed for his own good.
Then stay in those ward when there are more nurse than patient. Of course the charges are higher.
 In cheaper ward, patient may need to wait as nurses maybe busy with another patient. Some proceedire requires 2 or more nurses.

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.

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

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

Quote:
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.

Quote:
Originally Posted by john_wai View Post
Quote:
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.

Saturday, December 31, 2011

How government debt defaults are conducted?

[link]
Re: Sovereign debt question on 'yields'
Here is my possible explanation in layman terms.
Greece is technically bankrupt at the moment. The market is anticipating a default in the capital repayment for the bond which expires in 2 years. So everyone is selling short dated bonds thus driving yields higher.
In 15 years time, do you think greece will remain a bankrupt? They probably have improved their financial status.

Friday, December 30, 2011

Do governments intend to repay their debt obligations?


Re: Invest in Gold
The chink in the armour here is that you assume governments intend to repay their debt obligations.

Maybe not hyperinflation but inflation certainly.


Re:Invest in Gold
Oh god, a conspiracy theorist.
Look, I'll spell it out for you. The big banks are NOT selling gold to "artificially depress the market". They are NOT "short gold". The Fed is the world's biggest owner of gold; they have no reason to want the price lower either. I could link here to an excellent piece on the hyperinflation myth by Cullen Roche but I don't think you'd read it because it doesn't support your wacky conspiracy theory. So here's the scoop.