[Hfourhappy]

So far , read that spore unemployment rate drop.
But how to if global recession kicks in??

[RiseofAsia]

US bond market is scary Sia… lesser investors buying…

[FangFang]

More retrenchment coming ?

[talky]

Is a global recession coming? How will it affect Singapore? https://cna.asia/3MR0LXV

everyone knows recession coming 1yr + ago no need lsl to remind us.
if pap govt already knew why die die must increase gst?

[theold]

About 20% increase in prices? The increase in GST is no longer a big deal.

[Ola]

Economic slowdown

and we can deport 100k FTs & PRs

Just hire citizens with 50% job fit to be trained

for the jobs taken by FTs

[Ola]

Recession or not gst hike will still b implemented 

PAP said GST for 3 reasons-

1. Skills Future
Which is not needed because only jobs can build skills

2. For the poor 
Use FWs levy can also help the poor

3. Healthcare Cost
Not needed because Gan KY already raise our premiums

So, this GST is OVER- lapping 

so that PAP collects more money

[[[ForeverAlone]]]

PAP said GST for 3 reasons-

1. Skills Future
Which is not needed because only jobs can build skills

2. For the poor 
Use FWs levy can also help the poor

3. Healthcare Cost
Not needed because Gan KY already raise our premiums

So, this GST is OVER- lapping 

so that PAP collects more money

How to pay so many civil servants? their July and Year end bonus
don't forget tons of old civil servants.

A lot 40s above ones

[Galilo_l]

PAP said GST for 3 reasons-

1. Skills Future
Which is not needed because only jobs can build skills

2. For the poor 
Use FWs levy can also help the poor

3. Healthcare Cost
Not needed because Gan KY already raise our premiums

So, this GST is OVER- lapping 

so that PAP collects more money

Not enuf competition import FTs to compete with locals
Poor have to rely on gst subsidies to help them with hike 

[[[ForeverAlone]]]

SRX mention last month resale flat hit million
blah blah

seriously Not sure what these property link agency etc wat they trying to do , Obviously want to create more " Positive outlook " to push sales thus their commission.

Whereas some of them honestly mention , caution buyers to think twice as next year etc loans will be even tougher to settle etc.

[talky]

PAP said GST for 3 reasons-

1. Skills Future
Which is not needed because only jobs can build skills

2. For the poor 
Use FWs levy can also help the poor

3. Healthcare Cost
Not needed because Gan KY already raise our premiums

So, this GST is OVER- lapping 

so that PAP collects more money

4.TO HELP INCREASE PAY FOR LOW WAGE WORKERS WHICH MOM ASKED ME ON TELEPHONE INTERVEW WOULD I AGREE/FAVOUR GST INCREASE.

[bobby]

[Rubitin]

https://youtu.be/xdGYKv_N0NA

[Oasis]

SRX mention last month resale flat hit million
blah blah

seriously Not sure what these property link agency etc wat they trying to do , Obviously want to create more " Positive outlook " to push sales thus their commission.

Whereas some of them honestly mention , caution buyers to think twice as next year etc loans will be even tougher to settle etc.

If agent tells buyer resale price will drop,
how to close the deal and earn agent fee?

[Lyn]

recession? it may become a great depression 2.0
purchasing power is eroding world wide, future world growth
will be much slower. Much less fanciful than last 40yrs.

Major changes in asset class weightage is currently at works.

Recession confirm lah. Inflation will only go higher, just look how the living expenses are rising!!

My opinion? I would rather trying my luck here, at least there's a possibility of hope 😂

[Niubee]

My prediction for next crisis is property crash.
Song Boh!
Can’t imagine US rate shoot up.
Fed still take own sweet time to raise rate!

There are 3 gigantic bubbles right now.
China property bubble
US stock market bubble
Japan bond bubble.
China property bubble already popped.

Very easy to guage. When SIBOR 3month rate hit 3%. 100% SG property will go downturn.

Covid crisis.... 2% SIBOR rate already make properties go on sales.

[Sticw]

If agent tells buyer resale price will drop,
how to close the deal and earn agent fee?

A really good agent goes on volume instead of price.

In a bull trend property cycle phase, agent should go deal high prices and mostly private. But do build up a hdb profile or network. During the down phase of a cycle, focus on hdb downgraders and click the volume.

[Niubee]

PAP said GST for 3 reasons-

1. Skills Future
Which is not needed because only jobs can build skills

2. For the poor 
Use FWs levy can also help the poor

3. Healthcare Cost
Not needed because Gan KY already raise our premiums

So, this GST is OVER- lapping 

so that PAP collects more money

FT FW is pappies cocaine.

[[[ForeverAlone]]]

Civil servants will not feel it lol
Now is waiting July mid year bonus
Than year end

Than yearly increments and performance bonus
Than July / year end bonus

Cycle repeat every years till happy retire at 60s 70s see your mood

[watchfirst9]

Civil servants will not feel it lol
Now is waiting July mid year bonus
Than year end

Than yearly increments and performance bonus
Than July / year end bonus

Cycle repeat every years till happy retire at 60s 70s see your mood

Purchasing power is eroding throughout the whole world and is permanent.
A change in spending lifestyle is going to reshape global economy.
Further it may result in how people view asset.

[bobby]