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2017! Are we in recession?


RadX
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After paying the down payment, how to pay the monthly installments when you are out of work?  [lipsrsealed]

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by selling "unlimited" rolexes to go through month by month ... [lipsrsealed]

after sell buy a few more to stock up [laugh]

Edited by Wt_know
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peasant here...my hands stop, my family's mouths also stop

 

unlike you, i no gold mountain as backup

 

[bigcry]  

 

 

your hands better not stop

 

 

 

 

 

 

 

 

 

 

 

 

 

 

otherwise our roast goose also tio stop

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Turbocharged

my company did steps 1 - 3 last year

 

this year step 4

 

all of the above applicable to singaporeans

 

plus a step 5....adding FTs this year

 

[sweatdrop]  [:(]

 

some of my ex-colleagues took the package, went out had a few month's shaking leg, then later not able to find a job paying at least equal to what they got earlier on.. 

ideal is to find and get the job first, then volunteer for it.

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by selling "unlimited" rolexes to go through month by month ... [lipsrsealed]

after sell buy a few more to stock up [laugh]

 

money roll money ....... rolex roll rolex . Make sense  [thumbsup]  :D

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some of my ex-colleagues took the package, went out had a few month's shaking leg, then later not able to find a job paying at least equal to what they got earlier on..

ideal is to find and get the job first, then volunteer for it.

My fren Kenna retrenched in Sg. Got a job in HK which pays substantially more than his previous job + bigger position.
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1st day and Stock Market went UP ... hope this will signal a good year ahead of us ...

 

But then, quite scare of the no. 7 ... Recession in 1997, 2007 ....

Will it be triple whammy in 2017?!

Bro, do you casino?

 

When hit triple no. 7 ... means big win and JACKPOT! [:p]

 

Hahahaha :D

post-18880-0-90234600-1483534806.png

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http://www.straitstimes.com/business/economy/factory-activity-up-for-4th-straight-month

Factory activity up for 4th straight month

Jan 4, 2017

 

Factory activity rose for the fourth month in December, raising hopes of a manufacturing rebound after more than a year of contraction.

 

The Purchasing Managers' Index (PMI), an early indicator of manufacturing activity, posted a reading of 50.6 last month - the highest in two years, up from November's 50.2 reading.

 

A reading below 50 indicates contraction, while one above 50 points to growth.

 

"The manufacturing employment index also recorded a reading towards a moderation level, and this bodes well, considering the index has posted 25 months of contractions," stated the report yesterday.

 

The electronics cluster PMI posted a reading of 51.2 last month, up from November's 50.5 reading.

 

The reading was the highest since October 2015, noted OCBC economist Selena Ling.

 

The brighter PMI data dovetails with the stronger-than-expected official growth estimates for the economy, which were also released yesterday. They showed expansion of 1.8 per cent in the three months to Dec 31 over the same quarter in 2015, helped mainly by an unexpected bounce in factory activity.

 

The manufacturing sector grew 6.5 per cent in the fourth quarter from the same period in 2015, driven by higher electronics and biomedical output.

 

The offshore and marine engineering sector is also expected to have contracted at a slower pace in the fourth quarter.

 

Ms Ling said: "The tide is gradually turning this year, with the long- awaited domestic manufacturing recovery finally taking root."

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My fren Kenna retrenched in Sg. Got a job in HK which pays substantially more than his previous job + bigger position.

Your Friend is quite lucky

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Supercharged

My fren Kenna retrenched in Sg. Got a job in HK which pays substantially more than his previous job + bigger position.

 

your fren George Yeo?  [sly]

our govt already see this coming la.

 

Uber and Grab are for the young people who cannot find a decent $6k/month job, older people cannot find another $6k/month job 

after retrenchment and can also solve the overcrowding MRT with the cheap uber pool and grab share. one stone kills three birdies.

 

 

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$6k seems like a magical number. I am still apprehensive when people tells me drive Uber/grab/taxi can make $5-6k per month income..too hard to believe. How many university graduates can earn $6k after 5 years of working ( for guys say age 30 ), assume starting pay of $2.5 - 3K. Even teachers at age 30, I don't think their monthly pay $6k. Please enlighten.

Depends on which sector.

Starting salary for fresh grad can easily be $3.5k

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