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dysentry

aud crash to 1.04 liao, can buy vat?

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they need to lower interest rate to stop property crash

alot of negative equity owners

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Moi tot AUDSGD already below 1.0000 for months oredy?

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ya last dec audsgd was at par... wanted to buy more but was told to wait. aud interest rates also quite jialat... i think it's < 1.5%pa 6m.

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the oz banks looking attractive but not cheap enough to buy yet.

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yeah i thot aud was lower than sgd at some point already

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It's been lower for a while now. Might crash even more.

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Crash crash crash then I can buy aug

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Australia took the CDO concept from 2008 subprime cisis and change name into BTO(bespoke tranche opportunity)...

And now it has a housing crisis... Sound similar?!

Its could be american subprime all over again...

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7 hours ago, Worcer said:

Australia took the CDO concept from 2008 subprime cisis and change name into BTO(bespoke tranche opportunity)...

And now it has a housing crisis... Sound similar?!

Its could be american subprime all over again...

Likely might happen. All thanks to the bloody ah tiongs.

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banks were giving out interest only loans 

leading to many negative equity owners forced to sell for 100k to 200k losses when prices dropped 10% and more 

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29 minutes ago, dysentry said:

banks were giving out interest only loans 

leading to many negative equity owners forced to sell for 100k to 200k losses when prices dropped 10% and more 

This is just one of the many signs and after effect of the upcoming crisis...

Back when oil prices dropped in 2015, Australia economy was bound for crisis when their economy rely on oil and gas too much...

Australian banking has laid back attitude... and was very much like Americans in 2008 crisis...

The signs only pick up speed due to china own economy was badly hurt and spread to australia now...

News outlet all hide signs of economy crisis similar to 2008 crisis... thats why up to now no big news about the crisis...

The common aunty uncle who believed those bankers will weep again this coming crisis...

I just saw a bunch of banking ppl asking aunty and uncles to invest high interest "fixed deposit" in a shopping mall near my house...

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1 hour ago, Worcer said:

This is just one of the many signs and after effect of the upcoming crisis...

Back when oil prices dropped in 2015, Australia economy was bound for crisis when their economy rely on oil and gas too much...

Australian banking has laid back attitude... and was very much like Americans in 2008 crisis...

The signs only pick up speed due to china own economy was badly hurt and spread to australia now...

News outlet all hide signs of economy crisis similar to 2008 crisis... thats why up to now no big news about the crisis...

The common aunty uncle who believed those bankers will weep again this coming crisis...

I just saw a bunch of banking ppl asking aunty and uncles to invest high interest "fixed deposit" in a shopping mall near my house...

I thought FD quite safe? cause SGD FD very low but china FD very high at least  3.5%

Edited by The_King

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where you all hide your money during economy  crisis.

 

me hide mine in cream cracker tin

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18 minutes ago, The_King said:

where you all hide your money during economy  crisis.

 

me hide mine in cream cracker tin

only keep in posb bank

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1 minute ago, dysentry said:

only keep in posb bank

why

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2 minutes ago, The_King said:

why

PAP will never let POSBank topple 

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1 minute ago, dysentry said:

PAP will never let POSBank topple 

no wonder the intrest rate is 0.000025

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3 minutes ago, The_King said:

no wonder the intrest rate is 0.000025

yeah sian to move the cash elsewhere

sleep better at nite

DBS keep calling me to meet up 

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4 minutes ago, dysentry said:

yeah sian to move the cash elsewhere

sleep better at nite

DBS keep calling me to meet up 

M or F want to meet you?

 

you must hv lot of money for bank to keep calling you

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7 hours ago, The_King said:

I thought FD quite safe? cause SGD FD very low but china FD very high at least  3.5%

FD normally quite safe lah... unless u very suay...

China FD 3.5% is high meh?! Now singapore FD also around there leh...

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9 hours ago, The_King said:

M or F want to meet you?

 

you must hv lot of money for bank to keep calling you

got both M or F

usually first question is this a good time to call chiu moi answer no 

 

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52 minutes ago, dysentry said:

got both M or F

usually first question is this a good time to call chiu moi answer no 

 

It will nv be a good time.

 

Dang it. Bank NV call me. Mean I super poor

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3 hours ago, Worcer said:

FD normally quite safe lah... unless u very suay...

China FD 3.5% is high meh?! Now singapore FD also around there leh...

SG FD, I saw highest is 1.98%.

 

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