[Scythian]

The World Bank says most countries are headed for a recession, and warns of a possible return to 1970s ‘stagflation’
A recession looks likely, but if inflation doesn’t go down, something even worse might be in store for the global economy.
BY TRISTAN BOVE
June 07, 2022 5:32 PM EDT

[Scythian]

Now the world’s premier international credit institution is joining the chorus that a recession is likely, and warns that something even worse might be on the horizon. 

Global economic growth is expected to slow down before the end of the year, and most countries should begin preparing for a recession, according to the World Bank’s latest global economic forecast released on Tuesday.

“For many countries, recession will be hard to avoid,” wrote World Bank president David Malpass.

[Yin yang]

Total blame n cause due to assmerica -too high a debt, tons of military expenditure like to b kaypoh king, policemen of the world , huge trade balance deficits.,
wrong priority when total neglect in infrusyructure, gun shooting education come first, homeless everywhere...majority citizens grossly neglected ,the rich r the filty rich 10% .
I tell u , the world wud b destroyed by these gun toting v arrogant cowboys , due to ww3 funding supplying deadly weapins rockets to urane, all trying to inflame the already bad situation, adding oil to fire.
Pride comes before a downfall as they.fail or simply refuse , believe dat china is one of the superpoers .
Angmos always look down on asians , tink superior race n all other poeople of colour must kneel to them, at the beck call n ready to b shot like red indians .

[babygirl]

Total blame n cause due to assmerica -too high a debt, tons of  military expenditure like to b kaypoh king, policemen of the world , huge trade balance deficits.,
wrong priority when total neglect in infrusyructure, gun shooting education come first, homeless everywhere...majority citizens grossly neglected ,the rich r the filty rich 10% .
I tell u , the world wud b destroyed by these gun toting v arrogant cowboys , due to ww3 funding supplying deadly weapins rockets to urane, all trying to inflame the already bad situation, adding oil to fire.
Pride comes before a downfall as they.fail or simply refuse , believe dat china is one of the superpoers .
Angmos always look down on asians , tink superior race n all other poeople of colour must kneel to them, at the beck call n ready to b shot like red indians .

[Ola]

So what will the useless PAP do?

Still create jobs for FTs using Employment Pass

to make citizens poorER

and then increase GST rates again??

[Scythian]

So what will the useless PAP do?

Still create jobs for FTs using Employment Pass

to make citizens poorER

and then increase GST rates again??

Bringing in more billionaires and foreigners to support property prices and help economy

[Galilo_l]

Hike gst can help d poor to ride out d storm 

[Sticw]

Bringing in more billionaires and foreigners to support property prices and help economy

The crazy bet on property and FDI to save the country is a fallacy proven wrong in 2 of our worst recession Singapore weathered. Now we have both the elements and all leveraged bets...

[Oasis]

Bringing in more billionaires and foreigners to support property prices and help economy

First Singapore PM Mr. LKY had said 
value of HDB will be increased over the years.
True
Some resale HDB flats were sold million dollars. 
Welcome more foreign investments.

[FangFang]

REcession coming ? Oh no,, retrench will be next.

[Scythian]

REcession coming ? Oh no,, retrench will be next.

Singapore, only country in the world to escape recession