Solutions to global financial woes

jojobeach SG

There are trillion of dollars now being kept at most home, espacially in the western world. It is winter season there. In order to get those money, we need to tempt them to spend those money here in tropical sunny and warm Asia.

STPB will have to work overtime. Free airfare, accomodation, gifts,etc? Those money NEEDS TO CIRCULATE to starve off amargeddon 09!

Rather than to spread doom and gloom, play the blame game, lets for once think of the harm it will do to majority of our people as well as those in the world. Solutions are needed.

Singapore may be the first in Asia to go into recession - having no natural resource and being an entreport for shipping goods from Asia to the west - we wont be the last. More will come if nothing is being down.

Taking a peg off the haughty Singapore may be fun to some, but real people get hurt in the process.They may starve to death soon. No govt in the world has that kind of money to feed everyone forever, more so if money is kept at home and not being put to use.

Only you and you alone have the power to save the world collectively. To rebuilt by spreading the message of hope or to destroy mankind by spreading more fear and panic is truly now in your fingertips.

LOL.. rubbish..

noahnoah SG

me dun like to keep money at home

because i always cant rem where i placed there

leh

xtreyier SG

This global crisis had taught Singapore export manufacturers a valuable lesson on its dependence of the US market. It may be late, but it is still never too late to diversify.

China had been eyed as a huge market of 1.3 billion people. Even though their purchasing power may be lower than US market, its sheer volume is more than enough to keep our exporters smiling ear to ear.
The only thing is - what does China needs that it cannot produce on its own other than oil?
The answer can be found in the latest milk scandal - TRUST
Their quality control and hygience checks are horrible and will never be able to measure up to the standards of the world anytime soon if ever due to the size of the population. Corruption is rampant no matter how clean they will ever try to be. Asians will be asians. The mentally to gain at all costs is monumental.
Thus, our strict health control reputation may be a sought after label in the chinese market, in food products such as soya sauces, drinks, etc. We could even purchase raw materials from asia and label it with our reputation and repackaged it to China.
Not only in food products, but in medical and even other products where TRUST is an issue no China family has faith in their national administration.
Hopefully it may help our diversification into the China market and help us steer clear of future 'technical recessions' and even path the way for the rest of the world to tap into the 1.3 billion people market.

youyayu SG

You mean our govt not spending as much as it should?

Now it must to fork out a huge sum to bail out the failed financial institutions?

If banks don't lend money, businesses will declare bankrupt and fold up. Retrenchment will follow.

I think global govt must bail out the banks but the CEOs must be penalised for their failures.

i think those people with huge paychecks can really spent their money now.. if not company will fold no matter how much money they loan from the banks..

reyes SG

me dun like to keep money at home

because i always cant rem where i placed there

leh

keep in soda biscuit tin. and write on the tins, SGDxxx amount on it and put it beside the TV. you will definitely remember

angel7030 SG

me dun like to keep money at home

because i always cant rem where i placed there

leh

Ah! u got the rite person,

Come to my Angel's Bank, Joo Chiat Rd, we guarantee full return on maturity.

Provided we both get matured soon

angel7030 SG

keep in soda biscuit tin. and write on the tins, SGDxxx amount on it and put it beside the TV. you will definitely remember

Hike fuller,

Alternatively he can alway put at our bunker, bomb proof bunker.

SS pilot

Luftwaffe

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