tag:blogger.com,1999:blog-17473688.post5522324654710477279..comments2024-03-29T15:10:48.844+08:00Comments on My Singapore News: Making sense of statisticsChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-17473688.post-3701531844602985142009-08-27T14:54:04.299+08:002009-08-27T14:54:04.299+08:00Govt stats are usually skewed to make the govt loo...Govt stats are usually skewed to make the govt look good. Even if the stats are bad, the govt will spin the facts such that they, the govt, look good -- or "less bad".<br /><br />The problem with macro indicators like CPI, GDP etc is that there are lots of ways to gather the data and interpret the findings. Errors in computation and reasoning can creep in, so macro economic indicators IMAGODhttps://www.blogger.com/profile/05609479054562717005noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-41979828446551774832009-08-26T10:06:17.977+08:002009-08-26T10:06:17.977+08:00hi wally, i am happy that you are making a lot of ...hi wally, i am happy that you are making a lot of money in the market. good for you.<br /><br />i didn't make much. just sitting on 200 lots of genting. and i am not going to sell until 2 years after it is open, at least. maybe not selling them at all.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-21783387015048916712009-08-26T07:40:43.892+08:002009-08-26T07:40:43.892+08:00"If our poor and poorest are still able to ha..."If our poor and poorest are still able to have a good time in the worst economic crisis we are faceing"<br /><br />Er Uncle, we are no longer "facing".It's over. Just strap on your seat belt for a rocket ride up, up and UP. From your postings, looks like you didn't bet on anything. So sorry for ya. Watch for the next cycle in 2014.Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-5817899876596572962009-08-25T17:50:32.352+08:002009-08-25T17:50:32.352+08:00Got to agree.
Well done indeed !
We can look for...Got to agree.<br /><br />Well done indeed !<br /><br />We can look forward to better<br /><br />years after every year.<br /><br />patriotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-61326605446904653742009-08-25T14:47:16.570+08:002009-08-25T14:47:16.570+08:00Hi Redbean, here in Singapore we do not have pover...Hi Redbean, here in Singapore we do not have poverty. The price of property in Singapore will testify to that. Our govt tells us that evrything is OK and there is nothing to worry. The FTs coming here will keep the property market very high. We must thank them for that. Our govt is also doing a good job keeping the cost of living high. Good job. well done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-47640536432804056702009-08-25T13:21:48.191+08:002009-08-25T13:21:48.191+08:00I think the Government sees prosperity everywhere ...I think the Government sees prosperity everywhere because of the crowds at food courts, computer fairs, travel fairs, property launches etc. <br /><br />Therefore, even if we tell them there is poverty, well, if you and me don't believe what we see, how could the Government believe that there is poverty with all these splashing of wealth?Anonymousnoreply@blogger.com