Calvin Cheng explains the rising cost of living -
Blasterlord2 - 12-11-2023
https://www.facebook.com/calvinchengnmp/posts/pfbid0fyuHm3nYr2jNTjUzxh4T1rwbYNsEucC5ADTsYi4AtxM9Y2enXw3M1TpN7Capn2Vrl
Quote:It’s not random that I am posting more on international affairs.
The world is fracturing into pockets of chaos and war. These might turn global. Countries are turning tribal, allying against one another.
As the world’s most open economy, Singapore is very vulnerable to global economic shifts.
As a small multi cultural island state , we are vulnerable to global political events.
We are price-takers.
This means that many of the domestic issues Singapore face, are very much dictated by external circumstances.
Take cost of living.
We are an import economy.
If global prices rise, our cost of living will rise.
There is little the Government can do to reverse this. Or the Opposition.
They can only subsidise costs, but there is a limit to this.
Where is the money going to come from?
So Singaporeans need to break out of the Kampung Mentality and look outwards more.
Break out of the little island mentality.
And understand that our domestic issue are never really domestic.
Singapore is a little boat on a big ocean.
If there is a storm, we may not survive.
RE: Calvin Cheng explains the rising cost of living -
[[ForeverAlone]] - 12-11-2023
whereas one the other hand
https://www.straitstimes.com/singapore/housing/j-den-condo-on-site-of-former-jcube-mall-sells-88-per-cent-of-units-on-launch-weekend
the article claim
" More than 99 per cent of buyers were Singaporeans and permanent residents, with close to 60 per cent of them 40 years old or younger, it added. "
RE: Calvin Cheng explains the rising cost of living -
ArielCasper - 12-11-2023
At work, u tell yr boss there is little i can do to reverse an issue, especially if you are drawing 16k per month and work part time, see how your boss will handle you.
RE: Calvin Cheng explains the rising cost of living -
winbig - 13-11-2023
If the cost of importing is getting higher why still add to the rising cost by increasing GST? Can this Calvin explain?
RE: Calvin Cheng explains the rising cost of living -
p1acebo - 13-11-2023
Nobody ever listens to Calvin Cheng, the infamous sniveling sycophant
RE: Calvin Cheng explains the rising cost of living -
Bigiron - 13-11-2023
(13-11-2023, 07:23 AM)winbig Wrote: If the cost of importing is getting higher why still add to the rising cost by increasing GST? Can this Calvin explain?
Plus why die die want to increase population to 6.7m
RE: Calvin Cheng explains the rising cost of living -
RiseofAsia - 13-11-2023
King of plp.
RE: Calvin Cheng explains the rising cost of living -
singlon - 13-11-2023
we are beri close to the End olady still tok this kind of markTUI
the architects of One world gov r UK US and Isreal
Outages are Bank runs... why runs?
they could not get their pays.
RE: Calvin Cheng explains the rising cost of living -
sgbuffett - 13-11-2023
You mean the Singapore govt importing people to make our population reach new record highs has nothing to do with rising rental and housing prices? The GST does nkt cause things to be more expensive?
I am surprise this guy has a degree....what he is saying js illogical he just wants to take the blame away from pap govt.
RE: Calvin Cheng explains the rising cost of living -
winbig - 13-11-2023
(13-11-2023, 09:22 AM)sgbuffett Wrote: You mean the Singapore govt importing people to make our population reach new record highs has nothing to do with rising rental and housing prices? The GST does nkt cause ghjbgs to be more expensive?
I am surprise this guy has a degree....what he is saying js illogical he just wants to take the blame away from pap govt.
What is ghjbgs?
RE: Calvin Cheng explains the rising cost of living -
forum456 - 13-11-2023
when oil price went from $60 to $100, transport fare increased significantly.
can he explain why transport fare never drop when oil price dropped from $100 to $60 ?
PAP system can allow significant increase in price but never allows significant drop in price.
anyone can share any example of significant drop in price for cost of living ?
RE: Calvin Cheng explains the rising cost of living -
watchfirst9 - 13-11-2023
(12-11-2023, 11:10 PM)[[ForeverAlone]] Wrote: whereas one the other hand
https://www.straitstimes.com/singapore/housing/j-den-condo-on-site-of-former-jcube-mall-sells-88-per-cent-of-units-on-launch-weekend
the article claim
" More than 99 per cent of buyers were Singaporeans and permanent residents, with close to 60 per cent of them 40 years old or younger, it added. "
Indeed not high enough
https://www.businesstimes.com.sg/singapore/bankruptcy-applications-959-q1-and-may-rise-further-property-foreclosures-yet-pick
RE: Calvin Cheng explains the rising cost of living -
Bigiron - 13-11-2023
https://g.co/bard/share/6418e54e91fe
Quote:population growth can lead to inflation is by putting pressure on resources. As the population grows, there is more competition for land, water, energy, and other resources. This increased competition can drive up the cost of these resources, which can in turn drive up the cost of goods and services that use those resources.
Not mentioned Sg don't have nature resources.
Most import.
RE: Calvin Cheng explains the rising cost of living -
WhatDoYouThink! - 13-11-2023
This eunuch mentioned war(s) but failed to mention how they're started.
RE: Calvin Cheng explains the rising cost of living -
Ola - 13-11-2023
Sounds like another idiot from RI
How come he never dare to explain why with appreciating currency, the cost is not dropping?
RE: Calvin Cheng explains the rising cost of living -
talky - 13-11-2023
(13-11-2023, 07:23 AM)winbig Wrote: If the cost of importing is getting higher why still add to the rising cost by increasing GST? Can this Calvin explain?
he always talk nonsense to support pap policies becos he never was once poor
RE: Calvin Cheng explains the rising cost of living -
talky - 13-11-2023
his agenda is aiming for pap to field him as the new candidate to a grc collecting 16k as a part timer