tag:blogger.com,1999:blog-17473688.post7149411502848207060..comments2024-03-29T13:25:57.689+08:00Comments on My Singapore News: Myth 166Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-17473688.post-20768427117943937192007-12-10T15:52:00.000+08:002007-12-10T15:52:00.000+08:00> you can always arbitrage or take advantage of th...<I> > you can always arbitrage or take advantage of the two systems. < </I><BR/><BR/>Yes, I always do. :)<BR/><BR/>However... Aust and S'pore are now very similar—due to MASSIVE economic reform in Australia— unlike the vast differences of the past which provided HUGE arbitrage opportunity. For instance, I made a lot of dough in the parallel importing game (perfectly legal).<BR/><BR/><I> > it Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-32198109012622805832007-12-05T08:47:00.000+08:002007-12-05T08:47:00.000+08:00for a versatile person like you, especially when y...for a versatile person like you, especially when you have a feel of the pulse of two places, you can always arbitrage or take advantage of the two systems. it requires a little effort and time.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-23028914465207982452007-12-04T22:37:00.000+08:002007-12-04T22:37:00.000+08:00Hey redbean, I always feel good. Actually I like c...Hey redbean, I always feel good. Actually I like credit booms—if I'm not living in that cuntry. The reason is simple: I don't have to pay the rising prices, I know the markets are going to crash which means I can buy cheap.<BR/><BR/>When the market tanked in 2000, I decided to quit Oz and come to S'pore. In 2001 I bought cheap.<BR/><BR/>Hey man, if one wants to be a beach bum, one needs to find aⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-40176238867520858282007-12-04T09:13:00.000+08:002007-12-04T09:13:00.000+08:00never mind lah. just believe that it is only 3-4% ...never mind lah. just believe that it is only 3-4% and you will feel better.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-45210289800028524722007-12-03T19:50:00.000+08:002007-12-03T19:50:00.000+08:00What you've described is a classic consequence of ...What you've described is a classic consequence of "boom" times fueled by credit money (aka <I>fiduciary media</I>)<BR/><BR/>MAS has reported inflation at 2%. Since they failed to correctly define what 'inflation' really is, that figure is pure political bullshit.<BR/><BR/>Last time I checked, MAS + their pakat with the banks have increased the money supply by over 20% — that was the last time I Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-70463891043707106592007-12-03T11:37:00.000+08:002007-12-03T11:37:00.000+08:00Depends on where you are. If you go to Raffles Pla...Depends on where you are. If you go to Raffles Place or Shenton Way, people you meet will tell you it is Boom time. If you go to the neighbourhood coffee shops, the Ah Peks and Ah Sohs will tell you it is bust time.Anonymousnoreply@blogger.com