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View Full Version : Why property price sure go up!!!


phantom_opera
03-10-12, 18:31
Here is the answer

http://demonocracy.info/infographics/usa/us_debt/images/usd-us-debt_ceiling-2012-16394_billion_USD-v1.jpg
buttercarp
03-10-12, 19:07
Because Liberty quit her job as a judge to become property developer/ agent?
carbuncle
03-10-12, 19:09
ha cute. even the statue also give up. arm down.....
kane
03-10-12, 19:12
If the money hasn't flitered into the real economy then technically the expanded money base has been sterilised.
phantom_opera
03-10-12, 19:27
What can china and Japan buy with annual interest of 50b usd from uncle Sam?
buttercarp
03-10-12, 19:29
What can china and Japan buy with annual interest of 50b usd from uncle Sam?

So the answer to your phantom riddle is USD50b ?
phantom_opera
03-10-12, 20:09
So the answer to your phantom riddle is USD50b ?

official direct interest is 26b USD (31.5b SGD) to China (could be more due to China buying through proxy)

the land at Princes Charles is half a billion SGD... so it is about 63 plots of prime lands in Singapore ....

what if China decides that best strategy is to park the money in Singapore prime land and let China developers go and bid, bid and keep ..... :scared-4:
ikan bilis
03-10-12, 20:43
i think you guys do not fully understand the picture....

those each little "cube" is suppose to be one palette of printed USA dollars (i think in $100 ??, cannot remember liow)

truck and statue of liberty are not toys here....

they are comparing the physical size of truck/statue vs 16T debt (if the debt is printed in $100 USD)...

;)
ikan bilis
03-10-12, 20:47
ok.... read the webpage here....

http://moonbattery.com/?p=10643

check the size of statue vs the $$ printed....

;)
Pikachu1245
03-10-12, 20:57
ha cute. even the statue also give up. arm down.....

Ha! Ha! Interesting. I never observed the arm down part until your reply above. Good one, I must say........:D
richwang
03-10-12, 21:54
ok.... read the webpage here....

http://moonbattery.com/?p=10643

check the size of statue vs the $$ printed....

;)

USD 10,000 can buy you a decent used car in US.
SGD 10,000 can buy you a not-so-decent used COE paper (1.22 years assuming a 10-year COE costs S$82k -- forum standard)

Thanks,
Richard
richwang
03-10-12, 22:05
In the next 30 years (the norm for loan period), the interest rate shock is likely on the up-side. So it is better not to over-leverage.

Cheers!
Richard
maisonjai
03-10-12, 22:10
What can china and Japan buy with annual interest of 50b usd from uncle Sam?
Our local big boys will be in china to scoop some dough back.
newbie11
03-10-12, 22:23
In the next 30 years (the norm for loan period), the interest rate shock is likely on the up-side. So it is better not to over-leverage.

Cheers!
Richard
Interest rates spread is surely going up. I think next year will hit 1.5%.
And many resi prop will have very little yield.
radha08
03-10-12, 22:30
US Boleh...:scared-5::scared-5::scared-5:

http://www.usdebtclock.org/
richwang
03-10-12, 22:39
When the new LIBOR is in place, the base rate for the whole world will go up.
phantom_opera
03-10-12, 22:42
It does not matter, US debt is increasing at 120b per month, US Fed will print 85b per month ... end up create asset inflation, little growth

And US Fed will ensure zero rate till 2020 at least ... SIBOR is not pegged to LIBOR, it is pegged to Fed rate

It is going to end up in smoke but not till OCR hits 2400psf :p

And IMF wise man said this

"You can have an economy in which inflation is stable and low, but behind the scenes the composition of the output is wrong, and the financial system accumulates risks."
CCR
03-10-12, 22:52
Interest rates spread is surely going up. I think next year will hit 1.5%.
And many resi prop will have very little yield.

Unlikely to go up if US rates doesn't go up.... Ride the prop train till late 2014 at least
phantom_opera
03-10-12, 22:58
http://www.project-syndicate.org/default/library/7e5bd1f3dff55b8daac9caa432588445.landscape.jpg