View Poll Results: Is recession coming?

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  • confirm yes

    51 52.04%
  • probably yes

    27 27.55%
  • not sure yes or no

    5 5.10%
  • probably no

    9 9.18%
  • confirm no

    3 3.06%
  • what's recession?

    3 3.06%
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Thread: Is recession coming?

  1. #21
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    Default Re: Is recession coming?

    Quote Originally Posted by ahpan View Post
    SG ppl are rich i think.. =) There's a news report on a number of millionaire in SG right? Probably those are the ones who own the cars on the road?
    where got ?
    take a look at the mrt every weekday morning and i can tell you still got lots of ppl take train.

  2. #22

  3. #23
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    Default Re: Is recession coming?

    Quote Originally Posted by Simon_84 View Post
    where got ?
    take a look at the mrt every weekday morning and i can tell you still got lots of ppl take train.
    over congested ...

  4. #24
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    Default Re: Is recession coming?

    Quote Originally Posted by catchlights View Post
    wait till you see many new cars on tow on the road..

    not braking down, not no money buy petrol, but can't pay the installment.
    Today's ST reported that got a large increase in number of MRT rides , probably from people ditching cars for public transport.

  5. #25
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    Default Re: Is recession coming?

    Quote Originally Posted by Paul_Yeo View Post
    Today's ST reported that got a large increase in number of MRT rides , probably from people ditching cars for public transport.
    No need buy petrol, no need to drive, 1-car less pollution for every driver that opts for the MRT.. Seems good actually.

    My dad did some 'park and ride' thing. Parked at Potong Pasir and took the MRT to City Hall for some Court thing for a week or 2.. He came back praising how good the MRT is, and at the end of the month he had extra S$200!

    Thinking about it, if a major recession period is arriving, it's better to save our money instead of going out to get new gear amidst the 'price drops'. We might need the money later down the road, and if we bought some new gear, we'd have to sell, and the 2nd-hand buyers benefit.
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  6. #26
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    Default Re: Is recession coming?

    in US recession is already here... company start firing people again... There goes my chance of getting a new bike and a new Nikon D3...

  7. #27

    Default Re: Is recession coming?

    Quote Originally Posted by idor View Post
    in US recession is already here... company start firing people again... There goes my chance of getting a new bike and a new Nikon D3...
    yo Idor, you still in US? I believe job market in US is very bad now.

  8. #28
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    Default Re: Is recession coming?

    seem like more than 80% of people here think that recession is likely or going to happen, bank also say so

    Quote Originally Posted by straitstimes.asia1.com.sg
    http://straitstimes.asia1.com.sg/Bre...ry_269747.html
    US recession likely: UBS
    ZURICH - THE United States is likely to slip into recession in the coming months as the cushioning impact of sharp interest rate cuts and tax rebates wears out, UBS bank economists said on Tuesday.

    'Sharp cuts in interest rates and tax rebates have prevented the US economy from sliding into recession until now,' said UBS in a statement.
    'But the economists of UBS Wealth Management now expect the effects of fiscal concessions to peter out in the second half of the year, leaving the US economy facing the inevitable prospect of recession.'
    Real economic growth in the United States is expected to reach 1.3 per cent this year, but just 1.0 per cent next year.
    In the Eurozone, a sustained period of weakness is forecast, but the region is unlikely to sink into a severe recession, the bankers said. The outlook for Asia's fast-growing economies is also uncertain, added the economists, noting that a 'steady deceleration in growth' is seen for the region. -- AFP
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  9. #29
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    Default Re: Is recession coming?

    Quote Originally Posted by hazmee View Post
    Its already here. Didn't you notice?
    Nope, just now we ate at Swenson, still very crowded. If recession is here, people would dine out lesser and eat at home.

  10. #30
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    Default Re: Is recession coming?

    Quote Originally Posted by idor View Post
    in US recession is already here... company start firing people again... There goes my chance of getting a new bike and a new Nikon D3...
    By not buying D3, you can use the money for many good meals.

  11. #31
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    Default Re: Is recession coming?

    Quote Originally Posted by JillValentine View Post
    Nope, just now we ate at Swenson, still very crowded. If recession is here, people would dine out lesser and eat at home.
    I think it's here already.

    Today I went to the shop to get some instant noodles.

    I saw many people bought boxes of 24 of them.

  12. #32
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    Default Re: Is recession coming?

    Quote Originally Posted by JillValentine View Post
    By not buying D3, you can use the money for many good meals.
    A year supply of instant noodles?

  13. #33

    Default Re: Is recession coming?

    Quote Originally Posted by Sion View Post
    I think it's here already.

    Today I went to the shop to get some instant noodles.

    I saw many people bought boxes of 24 of them.
    Everyday eat instant noodles?!!

  14. #34
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    Default Re: Is recession coming?

    Quote Originally Posted by monktian View Post
    Everyday eat instant noodles?!!
    The recession is not bad to the extent of people eating tree barks yet.

  15. #35
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    Default Re: Is recession coming?

    Quote Originally Posted by Sion View Post
    The recession is not bad to the extent of people eating tree barks yet.
    aha! that answered why those plants around my blocks are loosing their leaves.

  16. #36
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    Default Re: Is recession coming?

    Quote Originally Posted by JillValentine View Post
    Nope, just now we ate at Swenson, still very crowded. If recession is here, people would dine out lesser and eat at home.
    wait till their daddy and mummy cut their pocket money allowance and see.
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  17. #37
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    Default Re: Is recession coming?

    Quote Originally Posted by catchlights View Post
    wait till their daddy and mummy cut their pocket money allowance and see.
    Then you can find them washing dishes in Swenson's kitchen rather than eating on the tables.

  18. #38
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    Default Re: Is recession coming?

    Quote Originally Posted by jacob View Post
    aha! that answered why those plants around my blocks are loosing their leaves.
    I think they probably smoke the leaves as tobacco price is going up too.

  19. #39
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    Default Re: Is recession coming?

    Quote Originally Posted by Sion View Post
    I think they probably smoke the leaves as tobacco price is going up too.
    wait till we see people trying to start fires with stones just to light up a cig!

  20. #40

    Default Re: Is recession coming?

    heard UK and NZ are already in recession liao...

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