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601-620 of 69565
http://www.straitstimes.com/breaking-news/money/story/jump-number-singapore-millionaires-credit-suisse-20131010 Then S'pore got Credit Suisse Global Wealth Report. S'pore's total wealth grew by 8.7% to US$1.1 trillion (S$1.37 trillion) in the 12mths to mid-2013.
Average wealth per adult increased by 6.8% to US$282,000. This figure includes a person's home, if he owns it.
This is quite a turnaround from the last report, which showed that between mid-2011 and mid-2012, total household wealth in S'pore dipped by 2.5% to US$1 trillion, while the average wealth of people fell by 4% to US$258,117.
As a result, S'pore is now ranked 2nd in the Asia-Pacific region after Australia in terms of wealth per adult, up one spot from last year. Globally, Singapore is now in eighth position.
teeth53 thot - Just imagine how wealthy is Singaporeans is?.
See lose arldy change subject.Anyhow scold pple without rhyme.
Cant accept forumners constructive comments is it?Must be painful for you to keep it so long in yr heart? I guess you cant sleep well at night too.Haha,so today anyhow bark at my postings.This only proved my earlier comments were correct and spot on.
Thks for validating my sharpness.
iluvboost ( Date: 13-Oct-2013 15:44) Posted:
u wan , go check my past posts , i post when i enter and tp.
u lose money dont go and blame pple lar.. besides ur past posts are never constructive..besides u just join a short while only, always KAN pple..
i think yr brain melted already lar
evahsu ( Date: 13-Oct-2013 14:47) Posted:
| You really a goondu and mah hou pao like some forumners quoted.My posting was made during DOW having two consecutive 2-3 digits fall.See the date and issue at those time.You might as well dig out 1 yr old posting and give yr mah hou pao comment |
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Macho Man,
Do you know where is our Sista halleluyah ? MIA for so long....
Next few days if she does not report to work I am going to file a police report.
u wan , go check my past posts , i post when i enter and tp.
u lose money dont go and blame pple lar.. besides ur past posts are never constructive..besides u just join a short while only, always KAN pple..
i think yr brain melted already lar
evahsu ( Date: 13-Oct-2013 14:47) Posted:
You really a goondu and mah hou pao like some forumners quoted.My posting was made during DOW having two consecutive 2-3 digits fall.See the date and issue at those time.You might as well dig out 1 yr old posting and give yr mah hou pao comment.
iluvboost ( Date: 13-Oct-2013 12:34) Posted:
melt yr head lar.. DOW already super rally last 2 days... |
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Don't cover your short yet, these debt will be delay, for sure.good to short csome counter and load some other.LOL
You really a goondu and mah hou pao like some forumners quoted.My posting was made during DOW having two consecutive 2-3 digits fall.See the date and issue at those time.You might as well dig out 1 yr old posting and give yr mah hou pao comment.
iluvboost ( Date: 13-Oct-2013 12:34) Posted:
melt yr head lar.. DOW already super rally last 2 days....
evahsu ( Date: 09-Oct-2013 09:21) Posted:
| Beginning of Dow meltdown? |
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USA has already been in bad shape since 2008. The dollar's weakening is no more that market recognition for its continuing to become more and more indebted by printing and printing money to buy more and more bonds (buying debts through becoming more indebted). The heydays for a strong US dollars are over. Inflation in the US is already very high, and the path forward is dark and narrow. Recession raring its ugly head in the US is a forgone conclusion. It is happening and has happened unknowingly to many people. But while the US may be in the dark hole of economic universe, I don't think Asia will be greatly impacted. We have China, going to be the top economic power of the future. The Chinese Yuan will soon be used as the standard currency for trade in very bank, and country. Being nearer to China, and traditionally a close business partner, Singapore will still be in good shape financially, I mean, in the years to come.
http://www.bloomberg.com/news/2013-10-11/g-20-says-u-s-must-take-urgent-action-to-remedy-debt.html
The concern, expressed by officials from
China to Europe at talks in Washington, is that the lack of a deal would shake markets and risk provoking a worldwide recession. " Un-resolve situation in the U.S. would have global consequences."
G-20 nation finance ministry said. A rare G-20 rebuke of the world?s largest economy, which typically uses such occasions to lecture other nations on their policies.
teeth53 ( Date: 12-Oct-2013 17:52) Posted:
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Opinion: If Washington can't get its act together, it might not remain a reserve currency. More
Washington is slowly killing the dollar
The decline has already begun, the dollar is going to lose its reserve status. It's a process that could take some years.
" It's only marginal for now. But over time, the political problems will undermine the willingness of international investors to buy U.S. dollars and dollar-denominated assets.
Octavia ( Date: 12-Oct-2013 12:59) Posted:
The popular take on the current debt ceiling stand-off :
The Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an economic catastrophe. While Republicans are indeed kidding themselves if they believe that their actions will not unleash deep economic turmoil, there are much deeper and more significant delusions on the other side of the aisle.
Democrats, and the President in particular, believe that continually taking on more debt to pay existing debt is a more responsible course of action. Even worse, they appear to believe that debt accumulation is the equivalent of economic growth. |
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House Speaker
John Boehner told fellow Republicans that President
Barack Obama rejected his latest fiscal offer. The speaker also told members that talks are continuing with the White House. The president rejected our deal,?
teeth53 thot -
How potential deal it can be??. (No deal so far) as...
As
both side are still far from face-saving deal compromise in what a potential deal might look like.
> Temporary extension to U.S. borrowing thru..end of Jan and or until Nov next year. White hse, however might demand a longer extension.
> Authorise a stopgap measure tat finance govt thru...end of March.
> The hse n senate would setup bipartisan committee to being negotiation on budget, rein in spending, reform social programmes n some aspect on tax code.
> Delaying n easing tax on medical devices that is part of health-care law widely opposed by Republicians lawmakers.
AFP, New York Times.
melt yr head lar.. DOW already super rally last 2 days....
evahsu ( Date: 09-Oct-2013 09:21) Posted:
| Beginning of Dow meltdown? |
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By James Rowley, Roxana Tiron & Kathleen Hunter - Oct 12, 2013 3:10 AM GMT+0800
Senate Republicans said President Barack Obama is open to changing a tax on medical devices in the future as talks continue about ending a partial government shutdown and raising the debt limit before U.S. borrowing authority lapses Oct. 17.
In a meeting today at the White House, Obama didn?t rule out repealing the tax, which was included in the Patient Protection and Affordable Care Act, said Senator Orrin Hatch of Utah, an advocate of the tax?s repeal.
Enlarge image 
Senators Say Obama Open to Health Law Changes as Talks Continue
Chip Somodevilla/Getty Images
Minority Whip Steny Hoyer (D-MD), left, Rep. Steve Israel (D-NY), House Minority Leader Nancy Pelosi (D-CA) and Rep. James Clyburn (D-SC), head back into the White House after talking to reporters following a meeting with President Barack Obama on October 9, 2013 in Washington, DC.
Minority Whip Steny Hoyer (D-MD), left, Rep. Steve Israel (D-NY), House Minority Leader Nancy Pelosi (D-CA) and Rep. James Clyburn (D-SC), head back into the White House after talking to reporters following a meeting with President Barack Obama on October 9, 2013 in Washington, DC. Photographer: Chip Somodevilla/Getty Images
The president said he was encouraged by Senate Republicans? efforts on a debt-limit plan, said Senator John McCain of Arizona. Obama has insisted that any health-law changes occur after the government shutdown ends and the debt limit is raised, senators said.
?I came away with the feeling this is going to be a difficult experience,? said Hatch, the top Republican on the Senate Finance Committee.
The meeting with Senate Republicans occurred as the White House weighs an offer from House Republicans. The House proposal for a debt-limit increase through Nov. 22 would require Obama to accept policy conditions attached to a separate spending measure, said two congressional aides.
House Republicans are scheduled to meet at 9 a.m. tomorrow to discuss their plans.
Senate Plan
Their Senate counterparts are considering a plan, being developed by Susan Collins of Maine, that would pair provisions to raise the debt ceiling and end the shutdown with a device-tax repeal. It would change pension rules to offset the lost revenue from the device tax and give federal agencies more flexibility to manage spending cuts known as sequestration.
?What he didn?t say was, ?What a great idea, wish I had thought of that,?? Collins said after declining to provide more details on the president?s reaction because she didn?t know the ground rules of the meeting.
The Standard & Poor?s 500 Index increased 0.5 percent to 1,700.57 at 1:58 p.m. in New York, erasing losses since the start of the government?s partial shutdown that began Oct. 1.
Rates on Treasury bills maturing in November and December jumped for a second day, according to Bloomberg Bond Trader prices.
Rates on debt due on Nov. 29 rose five basis points, or 0.05 percentage point, to 0.17 percent as of 2:42 p.m. New York time, according to Bloomberg Bond Trader prices, after adding eight basis points yesterday. They were negative Sept. 30. The benchmark 10-year Treasury yields were little changed at 2.68 percent after falling as much as four basis points earlier.
?Urgent Action?
?The U.S. needs to take urgent action to address short-term fiscal uncertainties,? the Group of 20?s central bankers and finance ministers said in a statement today.
Changing the device tax, even in a later agreement, could provide a way for both sides to declare victory -- an essential component of the negotiations. The 2.3 percent excise tax is scheduled to raise about $30 billion over the next decade and has been criticized by Democrats from states with device manufacturers such as Massachusetts and Minnesota.
Republicans could say they made a change to Obamacare, because the medical-device tax was passed as part of the law. Obama can say he didn?t negotiate on the principles of the health-care law, because eliminating the tax wouldn?t end the individual mandate or other main components of Obamacare.
Legitimate Concern - The president said the medical device tax ?is a legitimate concern and one that we can talk about and admitted that it?s not part of the core program,? said Hatch, the top Republican on the Senate Finance Committee.
The president told lawmakers he ?was open to any improvements? to the health care law, though ?he?s not open to changing it much.? One change, might be the definition of full-time employees who must be given coverage by employers. Republicans cite businesses that are cutting employees? hours to below the 30 per week threshold.
House Republicans sent a list of policy options to the White House following a meeting yesterday, said the House aides, who spoke on condition of anonymity.
House Republicans also want Obama to agree to a framework for future negotiations on long-term fiscal and health-care policy.
Senate Republicans said President
Barack Obama is open to changing a tax on medical devices in the future as talks continue about ending a partial government shutdown and raising the debt limit.
In a meeting today at the White House, Obama didn?t rule out repealing the tax, which was included in the Patient Protection and Affordable Care Act.
Senate Plan
Their Senate counterparts are considering a plan, being developed by
Susan Collins of
Maine, that would pair provisions to raise the debt ceiling and end the shutdown with a device-tax repeal. It would change pension rules to offset the lost revenue from the device tax and give federal agencies more flexibility to manage spending cuts known as sequestration.
?What he didn?t say was, ?What a great idea, wish I had thought of that,?? Collins said after declining to provide more details on the president?s reaction because she didn?t know the ground rules of the meeting.
Opinion: If Washington can't get its act together, it might not remain a reserve currency. More
Washington is slowly killing the dollar
The decline has already begun, the dollar is going to lose its reserve status. It's a process that could take some years.
" It's only marginal for now. But over time, the political problems will undermine the willingness of international investors to buy U.S. dollars and dollar-denominated assets.
Octavia ( Date: 12-Oct-2013 12:59) Posted:
The popular take on the current debt ceiling stand-off :
The Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an economic catastrophe. While Republicans are indeed kidding themselves if they believe that their actions will not unleash deep economic turmoil, there are much deeper and more significant delusions on the other side of the aisle.
Democrats, and the President in particular, believe that continually taking on more debt to pay existing debt is a more responsible course of action. Even worse, they appear to believe that debt accumulation is the equivalent of economic growth. |
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The Onion's Guide To Understanding The Debt Ceiling Crisis
The Treasury Department has warned that the continued failure by Congress to raise the debt ceiling would leave the United States unable to pay all of its bills and may force the country to default on its government bonds. Here are some helpful answers to the most common questions about the debt ceiling crisis:
What is the debt ceiling?
The debt ceiling is a specifically defined yet changeable clause in official federal legislation that ensures that our country becomes embroiled in maddening, childish theatrics every few months or years.
How high is the debt ceiling now?
Just like normal ceiling height.
When will we hit the debt ceiling?
On Thursday, Oct. 17 at precisely 5 p.m. Eastern time, when the nation?s $46 billion cable bill comes due.
What happens if the government defaults on its debt?
The United States will lose the credibility and respect we incorrectly assume other nations still hold toward us.
How would a government default affect the economy?
Picture a cake, small crumbs of which fall off during each slice, or transaction, whenever money is lent to institutions from the Federal Reserve. It is a thick, rich sponge cake with icing. The icing is the American people.
How would a government default affect me?
It?s always about you, isn?t it? Prick.
Has the government ever defaulted on its debt before?
No, although it came close in 1877 when Rutherford B. Hayes installed the White House?s first telephone, then ordered 900,000 pizzas.
What do Republicans want in exchange for raising the debt ceiling?
Reasonable solutions to create an affordable, private, cost-effective health care system, a renewed emphasis on the entrepreneurial spirit that makes this country so great, long-term investments in our economy and infrastructure to build a stable and sustainable middle class, and a return to constructive political discourse.
How can I explain this crisis to my children?
You have kids? Uh-oh.
Are the debt ceiling crisis and government shutdown connected?
Technically no, but in many Eastern veins of thought it is believed that all things in the universe are connected. The cherry blossom and earthworm do not know the other exists, but is it not the fallen petal that provides nourishment to the earthworm, and is it not the earthworm that enriches the soil for the blossom?s mother tree? Perhaps there is more truth in seeing the world and everything in it as one than in believing that things are separate.
Why do we need Congress to raise the debt ceiling?
You know what, you?re absolutely right. We don?t need Congress. Let?s just do it ourselves! Come on, everyone!
The popular take on the current debt ceiling stand-off :
The Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an economic catastrophe. While Republicans are indeed kidding themselves if they believe that their actions will not unleash deep economic turmoil, there are much deeper and more significant delusions on the other side of the aisle.
Democrats, and the President in particular, believe that continually taking on more debt to pay existing debt is a more responsible course of action. Even worse, they appear to believe that debt accumulation is the equivalent of economic growth.
Obama and US House Republican leaders were moving towards an agreement to extend the nation's borrowing authority as they remained at odds over terms for ending the partial government shutdown.
However, House Speaker John Boehner of Ohio offered to postpone a potential US default to Nov 22 from Oct 17.
华 丽 姐 ,
啊 !来 宝 真 的 给 你 带 来 财 宝 !!
恭 喜 ! 恭 喜 !
继 续 加 油 ！
GorgeousOng ( Date: 12-Oct-2013 07:52) Posted:
有 的 ...来 宝
WanSiTong ( Date: 12-Oct-2013 07:50) Posted:
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有 的 ...来 宝
WanSiTong ( Date: 12-Oct-2013 07:50) Posted:
这 一 周 有 对 收 伏 获 吗 ？
GorgeousOng ( Date: 12-Oct-2013 07:38) Posted:
万 事 通 ，
早 ！ 不 论 星 期 六 或 日 我 们 还 是 要 一 样 努 力 地 做 功 课 ， 打 倒 市 场 ！ 加 油 ！
谢 谢 你 的 贴 ！
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这 一 周 有 收 获 吗 ？
WanSiTong ( Date: 12-Oct-2013 07:50) Posted:
这 一 周 有 对 收 伏 获 吗 ？
GorgeousOng ( Date: 12-Oct-2013 07:38) Posted:
万 事 通 ，
早 ！ 不 论 星 期 六 或 日 我 们 还 是 要 一 样 努 力 地 做 功 课 ， 打 倒 市 场 ！ 加 油 ！
谢 谢 你 的 贴 ！
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