COMING ECONOMIC TRENDS..............AND IT'S ALL BAD......
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Views from Marc Faber, Hugh Hendry and Nassim Taleb..................
''as cost of living increases faster than wage gains, the population becomes very distraught and for the government to stay in power or distract the people, it either goes to war or blames a minority for the mishaps, but usually after a period of very heavy money printing war follows."
''what I think will eventually happen is a complete economic breakdown. I am most bearish long-term. If there is a complete breakdown with outbreak of war, you want to be in oil, because during war times oil prices go ballistic. So whether you are very bullish or very bearish you should invest in oil."
''Dow Jones has almost doubled since 2009. Some emerging markets have gone up much more than that. A correction is overdue. Near the 2012 election, the Fed is going to print like hell. I am bearish about everything, I’m very bearish about the ultimate outcome.''
and let's not forget the US$1.4QUADRILLION derivative contracts market...............or scam...............
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Singapore's economy will be all good... up to the elections.
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S'pore's economy is only good on paper.................manipulated figures given by PAP
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Originally posted by Asromanista2001:
S'pore's economy is only good on paper.................manipulated figures given by PAP
We need to trust them.
I'm sure they know what they are doing.
Really.
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Originally posted by charlize:
We need to trust them.
I'm sure they know what they are doing.
Really.
the spending on SAF and supporting the CPF ponzi scam will pull S'pore under for sure......................
so vote for PAP......................the end is in sight !