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(26-04-2023, 10:16 PM)Rubitin Wrote: Basically, More people are getting rich.imo.
No. It is cash poor. All these $$$ are borrowed from banks with higher rate

I worry for bank now.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 27-04-2023, 06:29 AM by
RiseofAsia.)
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high coe prices means.
1. no change to number of new car as that is limited by coe.
2. people paying to renew coe to extend used of car beyond 10 years will drop drastically.
3. the change to hybrid car, electric car will speed up asold cars hitting 10 years got removed from road and those renewed coe car also got removed from road.
net net change to ev car happens. my suspicion is this is all plan to force change happen.
after 1 years. the number of coe available should go up as more old cars are removed from road compared to previous where some will continue on road by paying coe. but then controller may change rule to remove number of coe to maint high price to serve their purpose.
no know good or evil. judge for yourself.
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(27-04-2023, 08:14 AM)sclim Wrote: high coe prices means.
1. no change to number of new car as that is limited by coe.
2. people paying to renew coe to extend used of car beyond 10 years will drop drastically.
3. the change to hybrid car, electric car will speed up asold cars hitting 10 years got removed from road and those renewed coe car also got removed from road.
net net change to ev car happens. my suspicion is this is all plan to force change happen.
after 1 years. the number of coe available should go up as more old cars are removed from road compared to previous where some will continue on road by paying coe. but then controller may change rule to remove number of coe to maint high price to serve their purpose.
no know good or evil. judge for yourself.
Your narrative makes sense.............
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Money so easy to collect dream on they will change