SG Talk

Dow dived more than 500 pts last night.

(12-02-2022, 02:52 PM)Migrant Wrote: [ -> ]Dow dived more than 500 pts last night.

And the night before….total 1000 pts loss already.

(12-02-2022, 02:52 PM)Migrant Wrote: [ -> ]Dow dived more than 500 pts last night.

The hidden hands will play up the stock prices again..... and again....... until..... 

(12-02-2022, 02:52 PM)Migrant Wrote: [ -> ]Dow dived more than 500 pts last night.

STI is very strong, never drops.

(12-02-2022, 03:00 PM)cityhantam Wrote: [ -> ]The hidden hands will play up the stock prices again..... and again....... until..... 

Now waiting for popping once rate hike spiking…
It will be very spectacular….
Just like what happen in the 80s…
Let see how US may lose its world currency status this round.
How come the 3 rating agencies never Downgrade US?

upload image online

(12-02-2022, 03:10 PM)lvlrsSTI Wrote: [ -> ]STI is very strong, never drops.

Hope it doesn't drop, but rise, or at least hold steady........

Keep on printing $$$ lah...to b given largely to the jobless, lazy leechers as freebies.n as subsidies for struggling smes
..anyway, no incentives for these bums to work as their disposable incomes cannot buy much of their infkated goods services.
Raising interests a must but it will kill marginal coys unable to cope up with fast rising cost of doing biz...
Expecr more bankruptcy n jobless rate to increase ..
Doom n gloom wud b the result with more rate increases n low productivity

Singapore inflation also bad lah. But PAP govt is going to make it worse with GST.

aiya. Then they should ask for government sub this 2 years.
Then ... so they do not have chance to spend on military.

STI great chance to sell - Inflation, Interest rates, Russia, GST, ...

When inflation is too high... You need to protect your assets....

(12-02-2022, 06:42 PM)guffaw Wrote: [ -> ]When inflation is too high... You need to protect your assets....

You don't need to protect. CIA has US$ 300 million + US$ 500 million waiting for you to claim! 

(12-02-2022, 06:44 PM)cityhantam Wrote: [ -> ]You don't need to protect. CIA has US$ 300 million + US$ 500 million waiting for you to claim! 

Thanks for approving it.

(12-02-2022, 06:49 PM)guffaw Wrote: [ -> ]Thanks for approving it.

Don't forget to wash your backside clean everyday and wait for AMTK to poke hor!

(12-02-2022, 06:53 PM)cityhantam Wrote: [ -> ]Don't forget to wash your backside clean everyday and wait for AMTK to poke hor!

I not comfort man like you.

(12-02-2022, 06:53 PM)guffaw Wrote: [ -> ]I not comfort man like you.

Don't pretend lah!

I know you love AMTK very much!

(12-02-2022, 06:58 PM)cityhantam Wrote: [ -> ]Don't pretend lah!

I know you love AMTK very much!

You are voted the most talented comfort man to both ah Xi and pudding. Saw in communist times, cityhantam is the comfort  man of the year.

(12-02-2022, 07:02 PM)guffaw Wrote: [ -> ]You are voted the most talented comfort man to both ah Xi and pudding. Saw in communist times, cityhantam is the comfort  man of the year.

Voted by you alone? 

(12-02-2022, 03:41 PM)lvlrsSTI Wrote: [ -> ]

Housing not included.

Otherwise it would be even higher!

Quote: A leading measure of home prices, the S&P CoreLogic Case-Shiller Home Price Indices, notched a 19.1% annual gain in home prices nationally in October, the most recent month for which data is available. Meanwhile, the most recent national rent report from real-estate website Apartment List showed that the median rent nationwide increased 17.8% over the course of 2021.

(12-02-2022, 05:32 PM)Instinct Wrote: [ -> ]Singapore inflation also bad lah. But PAP govt is going to make it worse with GST.

The GST of 9% is a done deal........cos PM Lee had already mentioned this in one of his speech....

(12-02-2022, 05:32 PM)Instinct Wrote: [ -> ]Singapore inflation also bad lah. But PAP govt is going to make it worse with GST.

You want them to print or take from us?

美国怕的不是通胀，美国怕的是全球只有自己通胀！.

https://www.163.com/dy/article/H0GVOK2005238404.html

那么，是什么目的？

四个字——收割全球！

'22.08.30【豐富│東南西北龍鳳配】Pt.3 先養通膨，再打通膨！美聯儲病得太重了！
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This Is How Working Families Are Being Destroyed By This Economy

 Sep 10, 2022  How can we live the American Dream when the deck is stacked against us? For decades, our politicians stood idly by as millions of good-paying jobs were shipped overseas, our economic infrastructure was completely dismantled and multitudes of businesses were choked to death, leaving our population mostly with low-paid positions, a shrinking purchasing power, and rising living expenses. Today, we are definitely reaping the consequences. According to a new survey, almost 1 in 2 Americans are struggling financially right now, which means that about half the country is flat broke, and things are set to get even more precarious for working families as we enter the last few months of the year.

Working families in America are being destroyed by this crazy economy. Households are getting squeezed by a giant pile of expensive bills that only get higher and higher, and wages are not keeping pace with rising prices. People are seeing the value of their money go down while the cost of living continues to go up. That is why the levels of economic suffering are simply off the charts at this point, with almost 1 in 2 Americans saying that they’re having major difficulties making ends meet financially amid soaring food and gas bills, new research from Monmouth University shows.

More than 42% of the nation’s workers admitted they are under financial pressure, pointing to inflation as their biggest concern, the survey found. The figure is the highest recorded by the university since it started polling people five years ago. At the same time, over half of the nation – or 51 percent of all American workers - make less than $30,000 a year. With so many expenses adding up and so little money, most people don’t have a financial safety net to rely on. In fact, a new YouGov survey says that 49 percent of all Americans could not afford an unexpected $400 emergency expense without borrowing the money from somewhere or selling something.
Considering all of these factors, there’s no wonder why so many hard-working families are facing such great financial hardship. Despite working harder than ever, Americans’ sense of financial security is diminishing. Given that we have to spend a larger share of our salaries each month, it is getting harder to save money and build a financial cushion to fall back on. Having emergency savings is key to avoiding taking on more debt. But unfortunately, roughly 40% of consumers cannot put any money at all into savings, according to a recent analysis of household financial health and readiness by the American Consumer Credit Counseling, while about 19% said they had to reduce their savings rate.

Sadly, this is about as good as things are going to get. A new economic downturn is on our doorsteps, and layoff announcements at major firms are running 24 percent higher this year than they were last year. The America that most of us grew up in is dying, and what we have seen so far is just the beginning of its collapse. Our leaders will continue with business as usual. They will just keep doing the same things over and over again, and foolishly expecting different results. Whatever they are doing to “fix” things is not going to work, and that’s crystal clear to everyone by now.

We must start valuing working families again, and that means giving them opportunities to improve their financial situations and encouraging the creation of good-paying jobs. Unfortunately, we have already entered the early stages of the next great economic crisis, and so things are going to get a whole lot worse for the working class before there is any chance of them getting better.

(09-09-2022, 10:45 AM)kokee Wrote: [ -> ]china covid is the best to show slavery life in china is dirt!
how china dictatorship, 0 policy, torture & make slavery suffer, no freedom & human right at all!





新疆伊犁封38天了！S了很多人，太惨了：孩子发烧老人上吊没人管，饿到只能喝自来水；被封居民大面积断粮，捐赠的物资居然被高价转卖了！




中国变成人间地狱，韭菜纷纷逃往国外，唯有出国才有活路

all these moronic comie dogs can lies whatever in almost 100% of their posts & threads, norm!
whole world know US per capita income is easily 1000% higher than china today!
with china sinking like crazy now, ton of bankrupt, no money, jobless, much worse today & more worse yet to come!
even in beijing, shanghai & all across china, ton of beggars, sleep in rubbish dump, lie down everywhere in china, norm!

(11-09-2022, 11:20 AM)cityhantam Wrote: [ -> ]

This Is How Working Families Are Being Destroyed By This Economy

 Sep 10, 2022  How can we live the American Dream when the deck is stacked against us? For decades, our politicians stood idly by as millions of good-paying jobs were shipped overseas, our economic infrastructure was completely dismantled and multitudes of businesses were choked to death, leaving our population mostly with low-paid positions, a shrinking purchasing power, and rising living expenses. Today, we are definitely reaping the consequences. According to a new survey, almost 1 in 2 Americans are struggling financially right now, which means that about half the country is flat broke, and things are set to get even more precarious for working families as we enter the last few months of the year.

Working families in America are being destroyed by this crazy economy. Households are getting squeezed by a giant pile of expensive bills that only get higher and higher, and wages are not keeping pace with rising prices. People are seeing the value of their money go down while the cost of living continues to go up. That is why the levels of economic suffering are simply off the charts at this point, with almost 1 in 2 Americans saying that they’re having major difficulties making ends meet financially amid soaring food and gas bills, new research from Monmouth University shows.

More than 42% of the nation’s workers admitted they are under financial pressure, pointing to inflation as their biggest concern, the survey found. The figure is the highest recorded by the university since it started polling people five years ago. At the same time, over half of the nation – or 51 percent of all American workers - make less than $30,000 a year. With so many expenses adding up and so little money, most people don’t have a financial safety net to rely on. In fact, a new YouGov survey says that 49 percent of all Americans could not afford an unexpected $400 emergency expense without borrowing the money from somewhere or selling something.
Considering all of these factors, there’s no wonder why so many hard-working families are facing such great financial hardship. Despite working harder than ever, Americans’ sense of financial security is diminishing. Given that we have to spend a larger share of our salaries each month, it is getting harder to save money and build a financial cushion to fall back on. Having emergency savings is key to avoiding taking on more debt. But unfortunately, roughly 40% of consumers cannot put any money at all into savings, according to a recent analysis of household financial health and readiness by the American Consumer Credit Counseling, while about 19% said they had to reduce their savings rate.

Sadly, this is about as good as things are going to get. A new economic downturn is on our doorsteps, and layoff announcements at major firms are running 24 percent higher this year than they were last year. The America that most of us grew up in is dying, and what we have seen so far is just the beginning of its collapse. Our leaders will continue with business as usual. They will just keep doing the same things over and over again, and foolishly expecting different results. Whatever they are doing to “fix” things is not going to work, and that’s crystal clear to everyone by now.

We must start valuing working families again, and that means giving them opportunities to improve their financial situations and encouraging the creation of good-paying jobs. Unfortunately, we have already entered the early stages of the next great economic crisis, and so things are going to get a whole lot worse for the working class before there is any chance of them getting better.