what if interest rate hit 6% - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: what if interest rate hit 6% (/Thread-what-if-interest-rate-hit-6)

---

what if interest rate hit 6% - Talent - 16-07-2022

what will happen to those who pour so much cash into cpf and cpf life

I think cpf life or retirement sum will not be able to take out

u think cpf life or retirement sum will up their rate to match market

---

RE: what if interest rate hit 6% - RichDad - 16-07-2022

Yah, keep basic min sum is enough. Any spare cash must take out for better returns. Even SG saving bond is better.

---

RE: what if interest rate hit 6% - singlon - 17-07-2022


http://charleshughsmith.blogspot.com/2022/07/the-only-real-solution-is-default.html

---

RE: what if interest rate hit 6% - Scythian - 17-07-2022

It's in the middle ie lower than 7% but higher than 5%

---

RE: what if interest rate hit 6% - singlon - 17-07-2022

The situation now
First a Brief 100T of debts of 300Tneed to be wipeout
after going thr. the Brief u will get the idea the rentier class transfer the burdens to we , the people
with the help of Lockdowns they have transfer the burdens amounting to 37T.
this leave another 63T to follow. More lockdowns?

---

RE: what if interest rate hit 6% - singlon - 17-07-2022

Generally, criminals will not reveal their criminality unless they think it’s too late for anyone to do anything about it. With stagflation hitting our economy hard this year we have to question if the behavior of the banks suggests much worse conditions to come?

The public would never readily accept CBDCs as money unless their existing money lost most of its buying power and the current system was in the gutter. This is how new levels of empire are born; a major crisis allows for the elites to consolidate control while the people are distracted by their own private disasters. The big picture is changed while each person is terrified by their own small picture calamity.

Full throttle time
Fed has created a Catch-22 scenario in which the economy crashes no matter which policy decision they make.

---

RE: what if interest rate hit 6% - FangFang - 17-07-2022

Many will sleep in the street and eat grass.

---

RE: what if interest rate hit 6% - talky - 18-07-2022

(16-07-2022, 09:55 PM)Talent Wrote:  what will happen to those who pour so much cash into cpf and cpf life

I think cpf life or retirement sum will not be able to take out

u think cpf life or retirement sum will up their rate to match market

YES IS BETTER TO BE CAREFUL NOT TO TRUST 100%

---

RE: what if interest rate hit 6% - Instinct - 18-07-2022

Wake up call for those who are heavily invested in properties. Good.

---

RE: what if interest rate hit 6% - RiseofAsia - 18-07-2022

(16-07-2022, 09:55 PM)Talent Wrote:  what will happen to those who pour so much cash into cpf and cpf life

I think cpf life or retirement sum will not be able to take out

u think cpf life or retirement sum will up their rate to match market

Banks will revaluate all the property price. 
Lesser ppl will invest in property. $$$ put into the bank can now get higher interest than putting $$$ in risky and over speculated properties. 

---