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Seems like Argentina is making more and more noise about the Falklands.......hope that it'll not go into another war like in the '80s....... http://www.channelnewsasia.com/stories/afp...1245790/1/.html

There are problems brewing in the COE market - BIG problems that will need to be addressed - just what will happen in the next five years is anyone's guess. Take a look at what is happening with the COE right now, I'll only look at Cat B here to keep things as simple as possible, but to my mind there is a huge buble forming that is going to cause a massive shakeout in the near future that the government is going to have to be very clever to counter. The price at the last round was $95,000 - the conventional wisdom is that it will stay high until around 2014 when the "bumper crop" cars start to come up for deregistrations. What is going to happen when this comes about? Well I think if the COE drops appreciably, there is going to be an issue. First of all, a part of what is driving the current high price is the paucity of deregistrations - there are a whole heap of cars currently on the roads with $10-$30k COEs that will not buy at $50k and above. These people are holding onto their cars for all they're worth. IF, with all the cars coming up the price of the COE drops back to say $15k in 2015. What will happen? Let's take a worked example of a Toyota Wish from Borneo. If I buy today, and sell in AUgust 2015, I will get back $82,625 from PARF and COE. Assuming the (factory) price of the car does not move in that time, and the COE is $15K, I will be able to replace it with a brand new car for only $88,000. Meaning I only need to get $5,300 for the body and I get a brand new car FOR FREE. Who wouldn't do this? I certainly would. So there will be NO used cars sold. It would be a stupid move - the car would have to sell for less than paper value - and who would do that? At the same time - there is going to be a HUGE boom in the ADs - virtually EVERYBODY will be changing cars - there won't be the capacity in the market - this will cause all sorts of management issues, not to mention problems with how many COE to be released, compensating for deregistrations and the like. If the price really does fall dramatically, it's going to deepen the "boom / bust" cycle that is already prevalent. Even if it only drops back to $50,000 after a year or more above $90,000, there is still big big incentives to change car - that $40k difference in COE amounts to a difference of $4k a year in depreciation - which is rather significant in anyone's bank account. So what will the government do? I don't see that they will want this to happen. One way, that might work - set a COE "floor". If not less people bid above the floor than there are COEs - then those COEs are "saved" for future rounds. Another way might be to try and second guess the market and "predict" how many COE to release to keep the price high. What would be interesting, would be to see if there is any analysis on past behaviour when COE drops - just how many cars were deregistered and how much was the difference in quota premium that triggered it (LTA should be able to track this as it will have information on a per car basis that it can aggregate - for us, it is pretty much impossible as we do not have enough information). Any thoughts?

Hi guys, I just bought myself a beer brewing set. Just wanted to say that the previous beer brewing thread helped me alot. I have come to a problem though. In order for the beer to turn out fine, it has to be in the range of 24 degrees celcius. I need to buy a Styrofoam box to put my fermenter in together with my ice. Do you guys know where to get that? Do mineral bottles filled with ice work as well as those coleman ice sets?

anybody have experience? as far as i know, there are only 3 version available in sgp http://www.homebrew.com.sg/oscommerce/prod...78d4ff9d7ad6f97 http://www.mrbeer-asia.com.sg/intro_files/main_body.htm http://www.ibrew.com.sg/AboutKit.asp hows the taste?