Everyone in the world has no choice but to go along with the scheme... we are all linked remember? Governments round the world understand this very clearly and no one wants to rock the boat... its too dangerous!
So they all sing the same song... " all is well! all is well!".. the recovery is on track!!" " go and enjoy yourselves!!.. " and the people went into the garden and danced in the sunshine...
Election coming. Must paint good picture and give good tibits to cover up the screwup of Minibonds.
When recession happens, they said it is not their problem as Sgp is US dependent.
When recovered, they will say it's their effort to turn the economy around. Then after election, they will ask for pay increase. Same formula, works everytime.......
All that talk about lessons learnt from the recent financial meltdown is all a load of bullshit.
Hardly out of the woods and they are already talking about million dollar bonuses and rewards.
I am beginning to believe that they created this crisis to impoverish the common people in order to enrich the fat capitalist pigs. It happens once every decade. The common man slogs, saves and scringe only to have his meagre savings swallowed up by the money masters.
Greed, more greed and more greedier they become. Mankind is really smitten with greed.
printing money is never sustainable... especially printing money to bail out bankers..
ReplyDeleteym
Agree.
ReplyDeleteThe US government and governments in many parts of the world were also eager to declare an end to the recession where it barely started.
They came up with terms like "jobless recover". You wonder how can the economy recover when so many people are without jobs?
Everyone in the world has no choice but to go along with the scheme...
ReplyDeletewe are all linked remember?
Governments round the world understand this very clearly and no one wants to rock the boat... its too dangerous!
So they all sing the same song... " all is well! all is well!".. the recovery is on track!!" " go and enjoy yourselves!!.. "
and the people went into the garden and danced in the sunshine...
All governments try to create and present a beautiful set of report book.
ReplyDeleteWhich government plan long-term growth (more than 5 years)?
Is it possible to implement long-term growth when each elected goverment has only 3 to 5 years in power under democracy system?
A better choice is printing money and become eclected hopefully in coming term.
The poor and lower-middle class are foreever suffering.
What is the way out?
Election coming. Must paint good picture and give good tibits to cover up the screwup of Minibonds.
ReplyDeleteWhen recession happens, they said it is not their problem as Sgp is US dependent.
When recovered, they will say it's their effort to turn the economy around. Then after election, they will ask for pay increase. Same formula, works everytime.......
1 simple word to describe the future:
ReplyDeleteSTAGFLATION
All that talk about lessons learnt from the recent financial meltdown is all a load of bullshit.
ReplyDeleteHardly out of the woods and they are already talking about million dollar bonuses and rewards.
I am beginning to believe that they created this crisis to impoverish the common people in order to enrich the fat capitalist pigs. It happens once every decade. The common man slogs, saves and scringe only to have his meagre savings swallowed up by the money masters.
Greed, more greed and more greedier they become. Mankind is really smitten with greed.