Comments on: Wall Street suffers biggest ever one-day fall – Dow Jones crash 778 points http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/ a community of Singaporeans Fri, 19 Mar 2010 06:57:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Who shall bailout SWF ? http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23900 Who shall bailout SWF ? Sun, 05 Oct 2008 16:03:14 +0000 http://theonlinecitizen.com/?p=1750#comment-23900 Who ? How will funding be achieved if need be? enjoy more goodie goodie yearsie Who ?
How will funding be achieved if need be?

enjoy more goodie goodie yearsie

]]> By: Harrison http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23636 Harrison Fri, 03 Oct 2008 06:14:36 +0000 http://theonlinecitizen.com/?p=1750#comment-23636 The symptoms and warnings surfaced more than a year ago. However, governments and authorities chose not to raise the alarm to keep the confidence of everyone going. As it is, property and investments were the economic engine and all of a sudden, thunderstorm struck amidst the misleading bright sky. In the process, many are now caught with paper losses if not sitting on major losses. The projected protracted recession will bring Singapore's property sector down, lower than what happened in 1997/8. This is the costly price of government's policy in raising HDB property values to support and push up the private property values. Where the US' problem was created by corporate greed, Singapore's problem is engineered by the capitalistic government's policies. Someone commented that "the boom and bust cycle will continue." No doubt, because he is one of those who won't be affected since he is among those who formulated those greedy policies. The symptoms and warnings surfaced more than a year ago. However, governments and authorities chose not to raise the alarm to keep the confidence of everyone going.

As it is, property and investments were the economic engine and all of a sudden, thunderstorm struck amidst the misleading bright sky. In the process, many are now caught with paper losses if not sitting on major losses.

The projected protracted recession will bring Singapore’s property sector down, lower than what happened in 1997/8. This is the costly price of government’s policy in raising HDB property values to support and push up the private property values.

Where the US’ problem was created by corporate greed, Singapore’s problem is engineered by the capitalistic government’s policies. Someone commented that “the boom and bust cycle will continue.” No doubt, because he is one of those who won’t be affected since he is among those who formulated those greedy policies.

]]> By: Liars and conmen corruption and cheats evil and devils http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23116 Liars and conmen corruption and cheats evil and devils Tue, 30 Sep 2008 09:59:49 +0000 http://theonlinecitizen.com/?p=1750#comment-23116 Tell me Singapore has not lost a cent. Tell me Singapore has not lost a cent.

]]> By: dodo http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23096 dodo Tue, 30 Sep 2008 07:47:59 +0000 http://theonlinecitizen.com/?p=1750#comment-23096 my friends think wall street crash yesterday got something to do with SPH's newspapers and Singapore Power electricity tariff price increases. hmm . . . someone not happy with us lah. anyway, no protest in Singapore, so they can increase prices whenever they want. no need to answer to anyone lah ... my friends think wall street crash yesterday got something to do with SPH’s newspapers and Singapore Power electricity tariff price increases. hmm . . . someone not happy with us lah. anyway, no protest in Singapore, so they can increase prices whenever they want. no need to answer to anyone lah …

]]> By: Singaporespirit http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23082 Singaporespirit Tue, 30 Sep 2008 06:43:23 +0000 http://theonlinecitizen.com/?p=1750#comment-23082 Don't pay and play along with their nonsense. This is going to hit hard on the high-profile and elite groups who took advantages of people's trust. American people know how to say NO and we should learn how to say NO too, before we ended up just like them. They set pitfalls for their own downfalls. We guard pitfalls for our own windfalls. I say better sit tight on the roller-coaster because we are not spare : our reserves are dump there. Don’t pay and play along with their nonsense. This is going to hit hard on the high-profile and elite groups who took advantages of people’s trust. American people know how to say NO and we should learn how to say NO too, before we ended up just like them.
They set pitfalls for their own downfalls. We guard pitfalls for our own windfalls.
I say better sit tight on the roller-coaster because we are not spare : our reserves are dump there.

]]> By: Observer (SG-HK) http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23080 Observer (SG-HK) Tue, 30 Sep 2008 06:37:17 +0000 http://theonlinecitizen.com/?p=1750#comment-23080 Braise yourself. This is only the beginning. There are more installed. It will take sometime to unravel decades of unregulated practice (particularly those in the Capital Investments sector). This whole debacle had drag everyone in. We still have the CDS to deal with. Some 15 trillion of it. And once the temporary short selling is lifted... can't imagine what it will be like. Braise yourself. This is only the beginning. There are more installed. It will take sometime to unravel decades of unregulated practice (particularly those in the Capital Investments sector).

This whole debacle had drag everyone in. We still have the CDS to deal with. Some 15 trillion of it. And once the temporary short selling is lifted… can’t imagine what it will be like.

]]> By: patriot http://theonlinecitizen.com/2008/09/wall-street-suffers-biggest-ever-one-day-fall-%e2%80%93-dow-jones-crash-77-points/comment-page-1/#comment-23045 patriot Tue, 30 Sep 2008 04:29:50 +0000 http://theonlinecitizen.com/?p=1750#comment-23045 Did any Financial Expert foresee the Fall(Dow Jones/Nasdaq/S&P Indexes on 30th Sept 2008) ? What is going to happen to our 'Golden years" or 'Golden Period' ?? Those Financial Experts including economist, analyst, lecturer, adviser, consultant and Political Leaders, who painted rosy pictures in our Main Media(print/tele and broadcasts) not too long ago have proven themselves to be nothing BUT QUACKS and at best soothsayers !!! So much for professionalism. patriot Did any Financial Expert foresee the Fall(Dow Jones/Nasdaq/S&P Indexes on 30th Sept 2008) ?

What is going to happen to our ‘Golden years” or ‘Golden Period’ ??

Those Financial Experts including economist, analyst, lecturer, adviser, consultant and Political Leaders, who painted rosy pictures in our Main Media(print/tele and broadcasts) not too long ago have proven themselves to be nothing BUT QUACKS and at best soothsayers !!! So much for professionalism.

patriot

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