http://www.bloomberg.com/apps/news?pid= ... refer=asia
Looks like a long haul!
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Singapore economy update
Re: Singapore economy update
Yes, indeed especially now economic crisis involving the whole world.
But i do have question, how do you think of singapore ecocnomy in this coming 1-2 yrs? It seems everyone is drawing back.
Re: Singapore economy update
Singapore is in dire straights for now, and probably for the next 2 years I'm afraid. The USA will show signs of recovery first, along with the stock markets of Taiwan, as exports grow, Singapore will also grow in tandem with the increase in Trade.lore wrote:Yes, indeed especially now economic crisis involving the whole world.
But i do have question, how do you think of singapore ecocnomy in this coming 1-2 yrs? It seems everyone is drawing back.
But the worst is not yet over for Singapore, I think more jobs will be lost in the next year, but it's only my opinion based on my own, research and interest in trade. I'm no expert!
Newspaper and other media hype, will have it's ups and down effects on the stock market, so it's worth a look at, but be prepared for large drops, like after the first quarter results rom business come in.
One thing to remember about Singapore, it is an export & import hub in the first instance, the financial sector, was the second offering, there is no third offering as such, that Singapore could influence anything positive just now, because of its reliance on trade.
It is a good time for education,upgrading or a year off, if one can afford to do it.
Re: Singapore economy update
--------------------------------------------ksl wrote:Singapore is in dire straights for now, and probably for the next 2 years I'm afraid. The USA will show signs of recovery first, along with the stock markets of Taiwan, as exports grow, Singapore will also grow in tandem with the increase in Trade.lore wrote:Yes, indeed especially now economic crisis involving the whole world.
But i do have question, how do you think of ecocnomy in this coming 1-2 yrs? It seems everyone is drawing back.
But the worst is not yet over for Singapore, I think more jobs will be lost in the next year, but it's only my opinion based on my own, research and interest in trade. I'm no expert!
Newspaper and other media hype, will have it's ups and down effects on the stock market, so it's worth a look at, but be prepared for large drops, like after the first quarter results rom business come in.
One thing to remember about Singapore, it is an export & import hub in the first instance, the financial sector, was the second offering, there is no third offering as such, that Singapore could influence anything positive just now, because of its reliance on trade.
It is a good time for education,upgrading or a year off, if one can afford to do it.
i feel you sad wards , this situation n't only in Singapore all around the world. we don't know when it 'll rectified . keep hope , don't lose your confident .
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Re: Singapore economy update
Umm...have not lose the confident but currently am discussing a new business venture which makes me worried though i am confident with it.selva83 wrote:--------------------------------------------ksl wrote:Singapore is in dire straights for now, and probably for the next 2 years I'm afraid. The USA will show signs of recovery first, along with the stock markets of Taiwan, as exports grow, Singapore will also grow in tandem with the increase in Trade.lore wrote: Yes, indeed especially now economic crisis involving the whole world.
But i do have question, how do you think of ecocnomy in this coming 1-2 yrs? It seems everyone is drawing back.
But the worst is not yet over for Singapore, I think more jobs will be lost in the next year, but it's only my opinion based on my own, research and interest in trade. I'm no expert!
Newspaper and other media hype, will have it's ups and down effects on the stock market, so it's worth a look at, but be prepared for large drops, like after the first quarter results rom business come in.
One thing to remember about Singapore, it is an export & import hub in the first instance, the financial sector, was the second offering, there is no third offering as such, that Singapore could influence anything positive just now, because of its reliance on trade.
It is a good time for education,upgrading or a year off, if one can afford to do it.
i feel you sad wards , this situation n't only in Singapore all around the world. we don't know when it 'll rectified . keep hope , don't lose your confident .
--------------------------------------
And also i do still believe we can't just sit still & draw back doing nothing due to such bad crisis. Am quite optimistic and sure there's something out there.
Re: Singapore economy update
Guess i will say in the future US dollars is no longer as value as like before. No one noes whats going to happen. Maybe we can update each other. Haha..cheers!!!ksl wrote:Singapore is in dire straights for now, and probably for the next 2 years I'm afraid. The USA will show signs of recovery first, along with the stock markets of Taiwan, as exports grow, Singapore will also grow in tandem with the increase in Trade.lore wrote:Yes, indeed especially now economic crisis involving the whole world.
But i do have question, how do you think of singapore ecocnomy in this coming 1-2 yrs? It seems everyone is drawing back.
But the worst is not yet over for Singapore, I think more jobs will be lost in the next year, but it's only my opinion based on my own, research and interest in trade. I'm no expert!
Newspaper and other media hype, will have it's ups and down effects on the stock market, so it's worth a look at, but be prepared for large drops, like after the first quarter results rom business come in.
One thing to remember about Singapore, it is an export & import hub in the first instance, the financial sector, was the second offering, there is no third offering as such, that Singapore could influence anything positive just now, because of its reliance on trade.
It is a good time for education,upgrading or a year off, if one can afford to do it.
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Re: Singapore economy update
Guess I would say that you are dead wrong for at least another couple of decades. Yes, the US has all kinds of problems... to big a deficit, terrible trade balance, too much consumer credit.lore wrote:Guess i will say in the future US dollars is no longer as value as like before. No one noes whats going to happen. Maybe we can update each other. Haha..cheers!!!
And yet, it is still by far the currency of choice and T-Bills are still the investment of choice because the US is still a better alternative than anything else out there.
In spite of its problems, the US is still the largest economy by far and the biggest economic engine with the highest probability of getting things back on track.
The EU _could_ be a contender but the major powers can't get their act together. China is in no position to assume any authority... in fact, witness China's call for Special Trading Rights to try to reduce dependency on the dollar as the reserve currency of choice.
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this is a good article on US.
http://www.youtube.com/watch?v=O_TjBNjc9Bo
Yes I also believe in 2 to 3 decades max, US will be back on its feet.
I would be waiting for its collapse, invest in heavily.. then wait for the US econ to come back up..
http://www.youtube.com/watch?v=O_TjBNjc9Bo
Yes I also believe in 2 to 3 decades max, US will be back on its feet.
I would be waiting for its collapse, invest in heavily.. then wait for the US econ to come back up..

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