SG Talk

Singapore’s inflation outlook: Only 4 in 10 believe prices will fall

https://theindependent.sg/singapores-inf...will-fall/

(24-10-2024, 11:23 AM)EvertonDiehard Wrote: [ -> ]Govt policies like increasing S'pore's population past the 6 million mark has made us the most expensive city in the world. So the Govt is the cause of inflation in our country. If they are serious about controlling the cost of living, reduce our population to 3.5 million residents.

after GE inflation will only go up never down
more hikes tarrifs n fees increase.

(24-10-2024, 11:43 AM)talky Wrote: [ -> ]after GE inflation will only go up never down more hikes tarrifs n fees increase.

There are a lot of similarities between the Mafia and our govt. We have to pay our dues to receive "protection".

(24-10-2024, 11:23 AM)EvertonDiehard Wrote: [ -> ]Govt policies like increasing S'pore's population past the 6 million mark has made us the most expensive city in the world. So the Govt is the cause of inflation in our country. If they are serious about controlling the cost of living, reduce our population to 3.5 million residents.

They are addicted to mass importing and they are clueless on how to tame the inflation.

There is no such thing called good inflation.
Inflation or deflation is neither good or bad. It is just a reflection of mismanagement
Of economy.

We need to have ups and downs in a normal economic cycle. But this team only plan for ups but no down.
Once the economic downturn comes, we are doomed lah.

More and more youngsters are heavily in debt now and they have already spent their future $$$ rampantly.

China is now a good example for us to learn, the property bubble already burst, dont know will take how long to recover.

Next 2 bubbles going to burst are US stock bubble and Japan bond bubble. It is inevitable and sure will pop out of the blue.

(24-10-2024, 12:52 PM)RiseofAsia Wrote: [ -> ]They are addicted to mass importing and they are clueless on how to tame the inflation. We need to have ups and downs in a normal economic cycle. But this team only plan for ups but no down. Once the economic downturn comes, we are doomed lah. More and more youngsters are heavily in debt now and they have already spent their future $$$ rampantly.

Imagine how many young local couples committed to massive bank loans to secure their overpriced condos because our govt allowed money launderers from China and other ultra rich foreigners to buy freehold land and GCBs after being fast tracked to their pink ICs.