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ExpatSingapore Message Board 27 May 2012, 20:29:51 pm *
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Author Topic: An Even Uglier 2009 and onwards  (Read 10080 times)
anything is possible
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« Reply #105 on: 14 January 2009, 7:39:23 am »
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I know of several "back office" guys - people from ops, finance, legal - who are a lot more investment savvy than the frontliners - and who made a killing in the property market when the market was down. And do not assume they're badly paid. From what I know, many of these "backoffice" chaps have professional degrees (law, accounting, compliance etc)and are always in demand and paid relatively well. In fact, many times, their basic pay exceed that of the front office (sales, business development etc.). Their "upside" may be less in good times, but their downside is also protected in bad times.

I guess this group of people you describe does not include Vulcanl.  
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ExpatSingapore Message Board
« Reply #105 on: 14 January 2009, 7:39:23 am »
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Vulcanl
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« Reply #106 on: 14 January 2009, 7:41:38 am »
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As I already stated previously, 'beggaring thy neighbor' by devaluing the currency is pointless as the problem in this environment is a collapse in demand. 

In the deflationary scenario described a stable currency will buy more for same SGD amount.

The negatives of devaluing outweigh the positives.


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SGD Bear
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« Reply #107 on: 14 January 2009, 12:50:23 pm »
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As I already stated previously, 'beggaring thy neighbor' by devaluing the currency is pointless as the problem in this environment is a collapse in demand. 

In the deflationary scenario described a stable currency will buy more for same SGD amount.

The negatives of devaluing outweigh the positives.


And as I already stated previously, you're an idiot.  you make no sense.  do you make this stuff up as you go?
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Vulcanl
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« Reply #108 on: 14 January 2009, 13:57:32 pm »
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Once again you resort to insults.  Present a cogent argument, if you can (PLEASE!).  Insulting me just makes you look like a buffoon.
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SGD Bear
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« Reply #109 on: 14 January 2009, 21:44:03 pm »
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Once again you resort to insults.  Present a cogent argument, if you can (PLEASE!).  Insulting me just makes you look like a buffoon.
Present a cogent argument?  That's hilarious coming from you.  just reread your previous post and you'll see what i'm talking about.
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Vulcanl
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« Reply #110 on: 14 January 2009, 22:33:22 pm »
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SGD Bear,

Still not seeing anything tangible from you in terms of a counterargument.  Come on, sister....give me SOMETHING
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