Just curious, where is he from?
Just curious, where is he from?
Is QE3 some kind of magical viagra? Oncer applied, all the global financial dysfunction will go away. Once applied, global stock markets will have an erection that will last and last?
The real reason for our current dysfunction is that the world's economy is just plain ugly. QE3 can't help much with that.
poor thing....must be paying high rental nowOriginally Posted by basic
cheer up
Originally Posted by avo7007
QE 1 & 2 already failed...QE1 effect is 16 months...QE2 is only 6 months...
If QE3 , the most 2 months & nobody care anymore...
anyway, US Debt at US$15trillion now....US debt to GDP is 100% now....debt limit reaching this month...has to start to talk in congress again...of course cut budget deficit by another US$3trillions....then downgrading of US rating...all in this month....
Obama will be ignored again....
Agree. If down 60%, there isn't much to go down. Really a fool will sell. I rather rent it out.
Originally Posted by heroes
QE is life saviour for large banks ... that's why there are talks about breaking up large banks (wall street hates this).Originally Posted by avo7007
Quoted from Wiki about Pandit, CEO of Citi:
After posting five consecutive quarterly profits Citigroup announced $23.2m retention award to Pandit making him one of the highest paid CEOs
if QE dun work....WW3 is comingOriginally Posted by avo7007
you know me so well huh....liar...Originally Posted by devilplate
ya la all banks gona collaspe soon....when all those big countries run out of money how? start WAR laOriginally Posted by basic
dun be a fool
you only good in 'ya la ya la' type of shouting....Originally Posted by devilplate
angry or emotional no use wan....
must be able to analyse...no shout....
Originally Posted by devilplate
buay tong liao(cannot tahan anymore) why the rental and price still so HIGH?
higher than the 5 series per month
I think sell or not is not by choice.Originally Posted by thomastansb
At what stage does the banks ask you to top if LTV80% and LTV60%?
if property value is 70% for a year (not just a spike), does banks ask you to top up if LTV80% / LTV60%.
I understand from previous posts that banks unlikely to ask to top up if installments are regular. So when does banks threw in the towel?
Can the majority of property owners top up 10% if requested to?
Greece ppl is rich , is their govt that is broke.Originally Posted by avo7007
from all the welfare given
the rich just stay aside and watch.
i am just telling u the consequences in case ur predictions all come trueOriginally Posted by basic
no wonder govt build bomb shelter....oooo
but the poor go to the streets worOriginally Posted by jeaprp
haha....that is why this thread is so hot....fun...buay tong...Originally Posted by peterng8
can only rely on personal attacked, not fact, figure & information....can they discuss nicely??.....
all these jokers....
Originally Posted by jeaprp
tha tis why i say the ****ing country with all the CCB idiots around..this country tax structure got problem...efficiency and corruption is another problem...those who lend money to them no way to recover..Greece is like a leech to EU ...kick them out or take over the whole bloddy country after they bankcurpt and rule them like banana currency last time!! fcuk them
Think the forummers here are all prudent and careful.Originally Posted by basic
don't think anyone is buying now. so no fools yet.
but if price drops 50% as u predicted, then they may become "fools" and buy lor. haha
nvm la...when tat happens....cash also become banana notes.....Originally Posted by hopeful
go stock up food and put in our bombshelter now!
haha...Greece is gone case lah...default very soon....forget about it now...Originally Posted by peterng8
worry for Italy & spain now.....France banks come 1st or Italy...
France downgrading 1st from AAA or focus back to downgrading of USA?...
Yup. play punk and don't pay, ask for debt forgiveness.Originally Posted by devilplate
all politics lor
I am sure they short Dow futures b4 the shock announcement about referendum .... profit already in Swiss bank now, yesterday short covering probably by them ... derivative allows insiders to rob the publicOriginally Posted by peterng8
actually Greek islands worth a lot of money
No space. Maid sleeping there. She will be safe. The rest of family in danger. whahaha.Originally Posted by devilplate
regarding stocking up food, anybody knows of any freeze-dried cooked food supplier/store in Singapore?Originally Posted by devilplate
The kind of freeze-dried cooked food where you just have to add hot water, wait a few minutes and food is ready.
I am currently stocking up of canned food, now have 1 month worth for family. and they take a lot of space. most of them expired in middle 2013.
next year, I will stock more canned food that expires in 2014.
so now looking for freeze-dried cooked food as they last longer (10 years or more) and smaller volume.
currently looking for sources of textured vegetable protein.
To me, Greece got nothing to lose. rating already CC, lowest. Country is virtually bankrupt with all those austerity measures. So bankrupt or no bankrupt, they don't care. I think they are asking for 80% haircut (more like headcut to me). Instead, France or Germany has more to lose. All the European banks will be in deep trouble if Greece go bankrupt. So this PM is taking a very clever step. Ask people to back him so when he announce future austerity measures, he can say, majority of the people voted for it. If he doesn't get the support, Greece go bankrupt, he go out and enjoy with all his money and Greece nothing to lose either. They are in recession anyway might as well take the risk to threaten their neighbours for more $$$... This Euro crap is really stupid. The stupidest policy ever. Of course, Italy's balls must be shrinking now. If Greece go down, they are next in line.
Originally Posted by peterng8
Isn't it cheaper to just cut Greece out from Euro, take 100% of their possible default (debt being 4% of EU's GDP) and do a massive write off? Surely cheaper than having the value of the shareholdings in markets worldwide slashed during any stock market tumbling whenever any news on Greece come on.Originally Posted by basic
Even if Greece have any riots as a result of the boot, it's internal? I don't think the Spartans' elite fighting skills are any good against tanks and fighter jets....
bro....r u serious?Originally Posted by hopeful
ur nickname doesnt go well
anyone knows our army combat ration can last how long ar?
I sincerely hope PIIGS will be out from Euro, devalue their currency until I can enjoy holiday there for $1500 for 10d instead of $3000 for 10d.
At last, Singaporeans who work hard and own properties can raise our heads in the sky ...
Look at Australia, the Qantas saga is just the beginning .... after SIA set up Scooter ... will further shrink their profit, the Irish CEO is right, they cannot survive long term
You forgot about triggering of CDS default eventOriginally Posted by Worsty
many people think very simple....just cut off lah...just print lah...then who want to work?? then who don't know to loan big big to maximum to buy property or gold??...up/down, boom/burst...just cycle go round, no fiscal or monetary policy can stop it.....Originally Posted by Worsty
nothing is simple...Bernanke printed QE1 & 2 have to pay back wan...has not paid 1 cts yet, sure gignatic crisis to crash the world 1 day....
If like what you said, top 5 france banks will bankrupt immediately....
If like that is ok, then Italy, Spain, Portugal, Irelands, Belgium, even France & Germany tomorrow also want greece's way to write off everything.....