Singapore's economy emerges from recession in Q2
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Originally posted by GHoST_18:
you cant really trust wat they say...
everyday say diff things 1...
That is the way they are for they are into serving their own agenda.
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Originally posted by angel7030:
actually recession, more sex will be performed and more babies will be born, cos people got more time mah, and most will get fatter and fatter.....Bak kut teh chen chen soup one please!!!
longinchjohn, u still horny. You rich can afford babies at this time. -
Originally posted by noahnoah:
anyway..
this is not the first recession in Sg
and it will not be the last also~
It is just a normal cycle that u and me
have to go throught~
while u and me busy working
Rich Buyers pay ppl to Q up
for a condo that worth millions
or make noise
What the fish!! Why my choice unit sold Out!!
upturn the downturn..upturn the downturn..upturn, downturn, up turne... -
Originally posted by Fantagf:
longinchjohn, u still horny. You rich can afford babies at this time.
aiyo, my brother got two kids liao, so cute,....but alway call me aunty angel, make me so old...but it is true leh, no job, people makes more babies..
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Originally posted by noahnoah:
recession or notI still will go eat katong laska..
fried hokkien mee..
Recession no need to zzz?
no need to eat?
no need to watch movies
Stay at home and rot?
Life is the same
Recession means eat less in restaurants, eat more in hawker
But no leh, that day went to Ding Tai Fong at wisma, still so long queue
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Originally posted by eagle:
Recession means eat less in restaurants, eat more in hawker
But no leh, that day went to Ding Tai Fong at wisma, still so long queue
that is small fly, even my maid also can go there and eat -
Originally posted by eagle:
Recession means eat less in restaurants, eat more in hawker
But no leh, that day went to Ding Tai Fong at wisma, still so long queue
Spend first.
Suffer later.
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Originally posted by angel7030:
GDP stand for what you know or not??? dun google horsigh...
You can have all the workers in the country working OT and it can result in higher GDP. However, having all the workers working OT, does that means the economy improved? Why do you need workers to work OT instead of getting more workers?
In a extreme case scenario, you can have a country that 100% export and gain high GDP yet their standard of living is low. Do you know that inflation can actually "improve" GDP?
Now tell me, how is the GDP calculated? GDP is nothing but a rough overview of the country economy, let me stress this word, rough.
Let me add in another point, Singapore have no minimum wages law. We can achieve low unemployment rate, but are all the employed have the minimum standard of living? What is the standard of living? Is it to let one have the minimum entertainment accessible to him/she? Is it to let one have the capability to upkeep a family?
I can keep going on and on and you will still not understand what I trying to point here nor I will give a obvious direction what I trying to make you understand here.
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Originally posted by Lu5ck:
sigh...
You can have all the workers in the country working OT and it can result in higher GDP. However, having all the workers working OT, does that means the economy improved? Why do you need workers to work OT instead of getting more workers?
In a extreme case scenario, you can have a country that 100% export and gain high GDP yet their standard of living is low. Do you know that inflation can actually "improve" GDP?
Now tell me, how is the GDP calculated? GDP is nothing but a rough overview of the country economy, let me stress this word, rough.
Let me add in another point, Singapore have no minimum wages law. We can achieve low unemployment rate, but are all the employed have the minimum standard of living? What is the standard of living? Is it to let one have the minimum entertainment accessible to him/she? Is it to let one have the capability to upkeep a family?
I can keep going on and on and you will still not understand what I trying to point here nor I will give a obvious direction what I trying to make you understand here.
Save your breath, PLP people will never understand and refuse to understand if not they will not be able to carry on their mission to plp.
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Originally posted by Lu5ck:
sigh...
You can have all the workers in the country working OT and it can result in higher GDP. However, having all the workers working OT, does that means the economy improved? Why do you need workers to work OT instead of getting more workers?
In a extreme case scenario, you can have a country that 100% export and gain high GDP yet their standard of living is low. Do you know that inflation can actually "improve" GDP?
Now tell me, how is the GDP calculated? GDP is nothing but a rough overview of the country economy, let me stress this word, rough.
Let me add in another point, Singapore have no minimum wages law. We can achieve low unemployment rate, but are all the employed have the minimum standard of living? What is the standard of living? Is it to let one have the minimum entertainment accessible to him/she? Is it to let one have the capability to upkeep a family?
I can keep going on and on and you will still not understand what I trying to point here nor I will give a obvious direction what I trying to make you understand here.
GDP tight to wages, OMG, you must be joking, you tell me Uncle, how is GDP calculated, I am a fair gal, if you do it right, 2 bottles of chivas no problem, but if you are taking GDP with wages, i think you are far far off the mark. -
Originally posted by Fantagf:
Save your breath, PLP people will never understand and refuse to understand if not they will not be able to carry on their mission to plp.
ya, listen to aunty fantagf, save your breath. Go jogging better -
Originally posted by angel7030:
ya, listen to aunty fantagf, save your breath. Go jogging better
shut up la, old granny mamasan. must keep talking nuisance to remind ppl you are old granny mamasanshould call you old papasan, hahahah, longinchjohn!
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Originally posted by Fantagf:
shut up la, old granny mamasan. must keep talking nuisance to remind ppl you are old granny mamasanshould call you old papasan, hahahah, longinchjohn!
ha ha ha,,..stupid aunty, lazy aunty talks alot of rubbish...release my dogs -
TO ANGEL:
GET BEHIND ME DEMON!!!I WISH TO SPEAK TO LONG INCH JOHN!!
LONG INCH JOHN...CAN U HEAR ME INSIDE ANGELS BODY???WE WANT TO KNOW WHY ARE YOU DOING THIS???TAKES MY CROSS AND TOUCHES IT ON ANGELS HEAD AND SEES IT SIZZLING AND SMOKE AND BLOOD ACTUALLY SPEWS AND GUSHES OUT!
SEES ANGELS HEAD TURNIN 360 ALSO!
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Originally posted by tERMINATOR20000000:
TO ANGEL:
GET BEHIND ME DEMON!!!I WISH TO SPEAK TO LONG INCH JOHN!!
LONG INCH JOHN...CAN U HEAR ME INSIDE ANGELS BODY???WE WANT TO KNOW WHY ARE YOU DOING THIS???TAKES MY CROSS AND TOUCHES IT ON ANGELS HEAD AND SEES IT SIZZLING AND SMOKE AND BLOOD ACTUALLY SPEWS AND GUSHES OUT!
SEES ANGELS HEAD TURNIN 360 ALSO!
Then suddenly @ngel unzips her denim ...takes out long inch john slammed it hard across Terminator's face almost spltting it into perfect halves and so this time you know he won't be back! After which @ngel took a quickie pee on the Terminator lifeless corpse belakang pusing 180 degrees and just kept on walking.... -
Originally posted by angel7030:
GDP tight to wages, OMG, you must be joking, you tell me Uncle, how is GDP calculated, I am a fair gal, if you do it right, 2 bottles of chivas no problem, but if you are taking GDP with wages, i think you are far far off the mark.
I don't where or how you think that I said GDP tied to wages. GDP shows a rough overview of country economy. In general, GDP also give a rough idea on how much unemployment rate will exist in the country, a high GDP will have a lower employment rate. However, the existing minimum wages law increase the unemployment rate in all the countries that have them but this law ensure the workers to able to maintain a minimum standard of living.
In Singapore, there is no such law, due to the fact that Singapore go for a free labour prospect, it is difficult to achieve such law without causing more problems. However, such law is common in all developed country but not in Singapore yet. Due to the lack of this law, employment rate in Singapore is lower than other countries, it is also due to lack of this law, employee can be less paid and some even not been paid enough to meet the minimum standard of living.
I think when I said I add another point, you seem to lost right after. Seem like you only thought about GDP, and only GDP.
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Originally posted by tERMINATOR20000000:
TO ANGEL:
GET BEHIND ME DEMON!!!I WISH TO SPEAK TO LONG INCH JOHN!!
LONG INCH JOHN...CAN U HEAR ME INSIDE ANGELS BODY???WE WANT TO KNOW WHY ARE YOU DOING THIS???TAKES MY CROSS AND TOUCHES IT ON ANGELS HEAD AND SEES IT SIZZLING AND SMOKE AND BLOOD ACTUALLY SPEWS AND GUSHES OUT!
SEES ANGELS HEAD TURNIN 360 ALSO!
Long Beach seafood you want or not?? siao liao. Hmmm...put the nuclear device inside terminator mother board -
Originally posted by Lu5ck:
I don't where or how you think that I said GDP tied to wages. GDP shows a rough overview of country economy. In general, GDP also give a rough idea on how much unemployment rate will exist in the country, a high GDP will have a lower employment rate. However, the existing minimum wages law increase the unemployment rate in all the countries that have them but this law ensure the workers to able to maintain a minimum standard of living.
In Singapore, there is no such law, due to the fact that Singapore go for a free labour prospect, it is difficult to achieve such law without causing more problems. However, such law is common in all developed country but not in Singapore yet. Due to the lack of this law, employment rate in Singapore is lower than other countries, it is also due to lack of this law, employee can be less paid and some even not been paid enough to meet the minimum standard of living.
I think when I said I add another point, you seem to lost right after. Seem like you only thought about GDP, and only GDP.
Gross Domestic Product and you are talking about wages..minimum shit wages, unemployment, hell, it got to do with export ya. Aiyo, please lah, dunno said dunno lah, dun make me fail my economy paper ok...me not from Brooke University ya. -
Originally posted by Short Ninja:
Then suddenly @ngel unzips her denim ...takes out long inch john slammed it hard across Terminator's face almost spltting it into perfect halves and so this time you know he won't be back! After which @ngel took a quickie pee on the Terminator lifeless corpse belakang pusing 180 degrees and just kept on walking....
Shouldn't have ask my brother to join me last time..haiz. I thot of changing my nick, but hell, i dun like clone and now, i got this problem, why dun you guy just date me and see for yourself, we can chat and be happy, never you old uncles or aunty, just buy be a dinner and we can be frens.And please hor, not those road side or kopitiam dinner hor.
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GDP = consumption + gross investment + government spending + (exports − import
So yeah, GDP does show a rough unemployment guage like what Lu5ck mentioned.
Export's only a component of GDP
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Originally posted by velocity83:
GDP = consumption + gross investment + government spending + (exports − import
So yeah, GDP does show a rough unemployment guage like what Lu5ck mentioned.
Export's only a component of GDP
unemployment is tie to another title call GNP not GDP. -
Originally posted by angel7030:
unemployment is tie to another title call GNP not GDP.GNP = C + G + I + NX +NFP
NFP = payment to foreigners for inputs used in producing goods and services, less money the economy receives for selling the same factors of production.
The only difference in the formula is NX + NFP, which means ( Net exports + Net factor payments), this diffence in formula only deals with values of production less the selling price, not unemployment rate.
Saying GDP is roughly tied to unemployment rates is not wrong.
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Originally posted by velocity83:
GNP = C + G + I + NX +NFP
NFP = payment to foreigners for inputs used in producing goods and services, less money the economy receives for selling the same factors of production.
The only difference in the formula is NX + NFP, which means ( Net exports + Net factor payments), this diffence in formula only deals with values of production less the selling price, not unemployment rate.
Saying GDP is roughly tied to unemployment rates is not wrong.
key down on my notebooks, thanks...haha very easy to get knowledge, no need to do research -
Originally posted by angel7030:
key down on my notebooks, thanks...haha very easy to get knowledge, no need to do research
LOL u're welocme. Glad to help! -
Originally posted by angel7030:
ha ha ha,,..stupid aunty, lazy aunty talks alot of rubbish...release my dogswahahahahah , i must have hit the nail on old granny, grandpa"s head. wooooo haa!!