Recession is good?

[Zanter]

Many complains we hear about online will disappear for instance

 

1. Fewer more FTs cos they will go back home.

 

2. Property prices will be cheaper as a result of 1. Less demand for rentals so HDB flats may see their long awaited correction.

 

3. Cheaper petrol/energy cos recession

 

4. Cheaper electricity cos of 3.

 

5. Fewer cars of the road cos of economic slow down.

 

6. Cheaper COES. Less tax to Govt due to less demand for cars

 

7. Cheaper food, maybe.

 

This is assuming we still have jobs to pay for 1-7, So lets try to look at the brighter side of a slow down.

 

[Falcon1668]

reduction maybe only 1% but when market pick up, increase will be how many % .......?

[Happily1986]

Many complains we hear about online will disappear for instance

 

1. Fewer more FTs cos they will go back home.

 

2. Property prices will be cheaper as a result of 1. Less demand for rentals so HDB flats may see their long awaited correction.

 

3. Cheaper petrol/energy cos recession

 

4. Cheaper electricity cos of 3.

 

5. Fewer cars of the road cos of economic slow down.

 

6. Cheaper COES. Less tax to Govt due to less demand for cars

 

7. Cheaper food, maybe.

 

This is assuming we still have jobs to pay for 1-7, So lets try to look at the brighter side of a slow down.

 

good? If there is a recession, we will probably witness stagflation. Now do you think that is a good thing?

[Duckduck]

its unrealistic to have a recession without job losses.

Edited August 5, 2011 by Duckduck

[Picanto]

when you are retrenched, would you look on the brighter side?

[Csnewbie]

if you look backward long enough,recession is unavoidable,and a form of self-adjustment in

 

modern economies.

 

but this time seems like US's previous over-spending.

 

they really need to do real productions to rectify.

 

which can take decades.

 

hopefully rest of World can self-adjust n overcome.

[Genie47]

when you are retrenched, would you look on the brighter side?

 

If you can, you are a survivor. Darwinism FTW.

[Darthrevan]

i look forward to 3 things..easier reservation for restaurants, less crowded shopping malls and more parking lots available in many areas

[Scion]

when you are retrenched, would you look on the brighter side?

 

 

there's one person in Singapore who would look on the bright side...

"Retrenchment is good for singapore. If there is no retrenchments, then I worry." - SM Goh

Edited August 6, 2011 by Scion

[13177]

Recession no good if you might lose your job, and if you are not cash rich.

[Gukubird]

The current enconomy situation is like a desktop that has been running for too long and the memory has been used up by some poorly written program. PC will either hang or not work at all

 

A technical recession is like a reboot of the PC, will allow a fresh start and solve 90% of the problem but we will still face the same problem again if the badly written program are not fixed

 

 

[Zanter]

A technical recession for Singapore?

By Goola Warden

 

In the original Dow Theory, stock markets were meant to forecast business and economic conditions but with a six- to 12-month time lag. So, a downtrend in an index indicates slower growth/recessions/depression. This year, the underperforming, declining trend in stock market indices in Asia

[Best_ctzn]

I put a big 'touchwood' to below answer in blue:

 

i look forward to 3 things..easier reservation for restaurants provided you did not lose your job due to this recession, less crowded shopping malls provided you did not lose your job due to this recession and more parking lots available in many areas provided you did not lose your job due to this recession

 

As the impact of any recession is regardless of race, language, and religion, let us pray hard we are not the unlucky ones to taste its bitterness as some will inevitably suffer. Do not be too happy to early. Worse would be having a $1k COE market, but we not able to bid for it due to retrenchment and salary cut.

 

But if you have earned or inherited enough to last 3 generations, then it will be good for you. Everything will be cheap cheap. Wah, COE only $2, 5000sqft bungalow only $2million, etc, etc, etc.

[Meanmachine]

if you look backward long enough,recession is unavoidable,and a form of self-adjustment in

 

modern economies.

 

but this time seems like US's previous over-spending.

 

they really need to do real productions to rectify.

 

which can take decades.

 

hopefully rest of World can self-adjust n overcome.

 

 

To a certain extend, I do agree with yr saying, it seems to me that when recession comes, many depends on Gahmen to do something for the ppl.

The old, poor will be hardest hit, daily perishable items will goes up as Sp import everything that we used, we had nothing to produce ! perhaps some fishes/ vegetables produced by farming overseas, can't even feed a million population.

 

We had seen the high and low economy, given USA bad debt crisis, it will affect SP in less then a month, every single one of us will be affected. we really need to sit up and look at ourself how we arrive here and what we're doing ? HOw to get-out of this s*_t-hole...

 

 

[Jj5599]

I looking to buy a cheap 2 bedroom condo during recession

[Asd78]

Many complains we hear about online will disappear for instance

 

1. Fewer more FTs cos they will go back home. (Wrong! They will stay on and lower their asking pay which we can't compete with)

 

2. Property prices will be cheaper as a result of 1. Less demand for rentals so HDB flats may see their long awaited correction. (That is if you still have job to pay for flat but BTO flat prices controlled by HDB and resale prices controlled by owners. If nobody sell cheap, then valuation will still be high)

 

3. Cheaper petrol/energy cos recession (If you still can afford to own car)

 

4. Cheaper electricity cos of 3. (This is not always true)

 

5. Fewer cars of the road cos of economic slow down. (maybe true as ppl may sell their cars due to loss of job)

 

6. Cheaper COES. Less tax to Govt due to less demand for cars (COE controlled by govt so no impact)

 

7. Cheaper food, maybe. (May or may not be true)

 

This is assuming we still have jobs to pay for 1-7, So lets try to look at the brighter side of a slow down.

 

[Throttle2]

reession, recession, recession. yeah!

 

 

we need it every once in a while. it's been constipated for too long.

 

time get s--t out.

[Thaiyotakamli]

Lets have some little fun like a roller coaster, for recently it always go up and time to go down, the most thrilling part if you have cash lol