Will USD value affect us?>

Catknight SG · 2010-01-30T16:34:57+00:00

If USA continue the path of fed reserve paper money system, she will give up her position as a leading power to China and others going for gold standard

Catknight SG

Ok ok..like to know if the values of USD will affect our way of life since we're tied up with the global economy, PM lee highlighted the value of our HDB appreciation depends on our economy but it also indirectly with USA monetary system

angel7030 SG

if u dun buy, dun sell, eat chai png, go cc toilets....careless up or not in USD. Go buy Renminbi lah, sure earn one. News of Google pulling out of china,..local Baidu shares goes up $14, wha lau..huat liao

Catknight SG

I'm quite worried if a real depression hits us, the rich here can hold out but how about the rest of us?

Min00 SG

I'm quite worried if a real depression hits us, the rich here can hold out but how about the rest of us?

sit back and rest in peace

Catknight SG

Can SG survive without jobs and increment on wages?

Catknight SG

Talk about the tyranny on paper money economies!

^Acid^ aka s|aO^eH~ SG

and the purpose of the thread? why not tell us wat u think instead of asking ppl?

Min00 SG

Can SG survive without jobs and increment on wages?

can. primitive farming. no worries.

angel7030 SG

if your asset is HDB flat, dun worry.

Catknight SG

I think unless the world return to a gold standard, not only poverty in a mass way would return but we would lose our freedoms!Ron Paul highlighted the FED problems but he was not elected alas!

Catknight SG

Any economics students here watch this-

angel7030 SG

dun think so much, eat your cat food and go to your basket and sleep, too much thinking get old faster, you already paid people high salary to do the job and thinking for you, then you think again for what?? can get older faster ya

Min00 SG

it is another strategy of encouraging people not to think so much, so that the govt will have lesser headache of political conflicts

Catknight SG

The Triumph of international bankers and nobody can stand up to them:(

Johnkoh889 SG

Anybody disagree ? the 2010 econ crisis is starting .

Junyang700 SG

Huat liao. You got buy mah. Renminbi rose.

Was SIN1 = RMB 4.890 yesterday.
Now SIN1 = RMB 4.865 today

Junyang700 SG

Singapore seems less affected by US, as compared to Japan, China and Hong Kong.

We are more affected by Asia. Only major events in the US will Singapore be affected strongly.

Rooney9 SG

the value of sterling pounds and USD will continue to drop. the days of USD as reserve currency of the world is coming to an end sooner or later. the drop in their currencies so that the exports seem cheaper than others.

Arapahoe SG

i think the first half of 2010 the global economies might experiencing corrections so there is really no where to run....gold is already over price that is creating bubble....

You can eat your HDB flat by the bricks...hopefully it taste better than 500K....continue to support government feeder funds thru HDB and CPF.

you will either hold negative equity or paper with no value.....

Arapahoe SG

Singapore seems less affected by US, as compared to Japan, China and Hong Kong.

We are more affected by Asia. Only major events in the US will Singapore be affected strongly.

you seemed to be forgotten that SG is the first country in Asia to walk into a recession during the financial crisi ? Why the short memory?