extremenanopowe
Regular Member
The depression won't stop if people keeps on spending more than their savings. 

Yeah, tell that to my wife. She has been depressed ever since we got married. She keep spending and nothing changes...The depression won't stop if people keeps on spending more than their savings.![]()
A pastor in a Singapore Church was charged with 23million swindling. End of the world. lol.![]()
A pastor in a Singapore Church was charged with 23million swindling. End of the world. lol.![]()
That is one very rich church...amen.
it will not even solve the issue of health care cost...if anything, more govt. bureaucracy or if not the insurance companies are gonna get "richer" if people decide to sign up for insurance coverage rather than pay taxes..Welcome America to the club of truly developed and civilized countries of universal health care.
Of course there is no such thing as a free lunch.
it will not even solve the issue of health care cost...if anything, more govt. bureaucracy or if not the insurance companies are gonna get "richer" if people decide to sign up for insurance coverage rather than pay taxes..
will have to wait until after this yr's election, a lot of people esp. business owners are still unsure, a lot of it has to do with who's in control of Congress & WH...If the GOP finally controls all, expect quite a bit of tweaking of the bill; if not, more debates...the judge, Roberts, did what seemed to be a clever thing : throw it back to the public/people of the U.S. for them to decide what they want to have as health care (more govt. or more private control/status quo)..Let us see how it works out and report back after a few years....
All law makers in the US are extremely good in rhetoric "hot air", not unlike a Circus, and most unproductive. You need a revolution to destroy this "gang of 2 parties", reduce them to ashes, and then up come a another system.
It is as good a time now to change before it is too late, when it can no longer take out its overused money-printing machine. Related to this, do you know that the US's gold reserves at Fort Knox has not been audited since 1974? Perhaps all the gold has gone and the rest of the world got conned into buying US currency every time there is instability in other parts of the world? It is quite obvious global instability is good for the US, but is it good for the other party or the rest of the world.
...so, why (HK$) it is still linked from the peg? There must be sound reasoning behind it? RMB still needs HK$'s convertibility? With HK$'s massive wall of cash reserves (just like city-state Singapore), why is the aversion from floating it? Fear from speculative attacks? Singapore's defense mechanism is quite solid through the years, can't it work just the same?
It may look the same but HK's debt is not as solidly safe as Singapore's debt (mainly comprising the CPF). The former has no government-managed CPF, the latter is perhaps the safest banker in the world with its ability to collect money every month and the power to decide how and when to repay back. If I am not mistaken, people who have already emigrated to other countries still cannot get their CPF money back.