Discuss about the latest news & interesting topics, real life experience or other out of topic discussions with locals & expatriates in Singapore.
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ksl
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by ksl » Mon, 10 Oct 2011 2:00 pm
Be prepared for the crash that has been talked about for over a year!
Chinese local authorities are failing to pay their debts on time for 2010 and the bubble has burst, after irresponsible projects went ahead, just to keep the construction industry employed.
Major waste is in the trillions and debts are rising rapidly!
http://news.yahoo.com/special-report-ch ... 26104.html
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nakatago
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by nakatago » Mon, 10 Oct 2011 2:01 pm
That's funny. According to the state news agency, there is no bubble.
#sarcasm
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ScoobyDoes
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by ScoobyDoes » Mon, 10 Oct 2011 2:32 pm
Okay, but Yahoo! isn't the best source of impartial news either.
'When Lewis Hamilton wins a race he has to thank Vodafone whereas in my day I used to chase the crumpet. I know which era I'd rather race in.'
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teck21
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by teck21 » Tue, 11 Oct 2011 10:53 am
Like all economic bubbles, until it bursts, it's no bubble.
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wwww
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by wwww » Tue, 11 Oct 2011 11:12 am
There was in interesting comment about this in today's TODAY paper:
http://www.todayonline.com/Commentary/E ... gs-edifice
I am wondering what impact this will have on the local
property market. The economy will tank, while probably also more Chinese investors will bring their money to the supposedly safe haven Singapore...
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ksl
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by ksl » Tue, 11 Oct 2011 11:32 am
wwww wrote:There was in interesting comment about this in today's TODAY paper:
http://www.todayonline.com/Commentary/E ... gs-edifice
I am wondering what impact this will have on the local
property market. The economy will tank, while probably also more Chinese investors will bring their money to the supposedly safe haven Singapore...
I've been following these kind of articles for over 18 months, with interest!
It's been pretty obvious that it was going to happen as they were building only for very short term 2 or 3 years in some cases, before starting afresh the main crux was to keep the massive construction industry employed.
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Vaucluse
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by Vaucluse » Tue, 11 Oct 2011 1:04 pm
Which will come first, economic or social implosion or will they occur pretty much simultaneously?
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'nuff said
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Bubble Tea Fans
Replies: 12
First post
Any bubble tea fans here? Singapore has been bringing in so much so much different brands of bubble tea. Which is your favourite one? :mrgreen:
Last post
What I have is just a small glass mini kettle with a screen netting (shaped like a bowl) to suspend the tea dust in the hot water while it cooks....
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Last post by malcontent
Wed, 02 Dec 2020 11:52 am
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Why are people so crazed about bubble tea
Replies: 6
First post
What's the craze with this drink? It tastes ordinary and laden with sugar and starch...don't they know they are prone to diabetes by consuming so...
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My latest tea purchase from NTUC online was Cha Tra Mue “Gold” from Thailand and it says on the packet “ideal for making bubble tea.” I’m not into...
- 6 Replies
- 4064 Views
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Last post by malcontent
Tue, 01 Dec 2020 5:28 pm
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- 3378 Views
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Last post by PNGMK
Wed, 21 Oct 2020 6:40 pm
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Bubble tea lovers
Replies: 2
First post
Hi everyone, I’m a huge bubble tea lover and lately I’ve been noticing that there are so many chains and specialty shops that I’ve never tried. I’m...
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I have such a guilt after drinking especially towards finishing the drink it always feels so sugary and fattening. Sometimes I wonder if i could ever...
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Last post by Lisafuller
Tue, 09 Mar 2021 9:57 pm
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China's production of ventilators still not enough to cater to the world
Replies: 3
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Seems like..with the whole world needing ventilators, they are facing production crunch for ventilators? Which other countries are also producing...
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Regarding antibody test kits, I reckon they will be here in a matter of a couple of weeks. Some look promising but some have too much latitude to...
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- 2298 Views
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Last post by sundaymorningstaple
Sun, 12 Apr 2020 4:16 pm
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