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What is an economy?

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
Nigel OOi

What is an economy?

Postby Nigel OOi » Tue, 06 Sep 2005 9:31 am

An economy is about the number of transactions done per minute, it can also be about the speed of signals being created and moved and changed in the place or country. An economy is also about how much money created per minute and about how many poor people become rich per hour and so on and so forth.=== So what is the best indicator for economy and its brand new philosophy for survival of the banks. The best indicator for economy is the number of new lives in the economy doing standard hours of work and earning standard salaries.=== As for the survival of the banks, once the banks fall short of cash to fund economic growth especially small startups that put pressure on the country for greater finances then there will be depression like in the 1930's when banks closed as a form of respect for war victims.===NOst.

Guest

Re: What is an economy?

Postby Guest » Tue, 06 Sep 2005 12:52 pm

Nigel OOi wrote:An economy is about the number of transactions done per minute, it can also be about the speed of signals being created and moved and changed in the place or country. An economy is also about how much money created per minute and about how many poor people become rich per hour and so on and so forth.=== So what is the best indicator for economy and its brand new philosophy for survival of the banks. The best indicator for economy is the number of new lives in the economy doing standard hours of work and earning standard salaries.=== As for the survival of the banks, once the banks fall short of cash to fund economic growth especially small startups that put pressure on the country for greater finances then there will be depression like in the 1930's when banks closed as a form of respect for war victims.===NOst.


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