There has been a financial crisis (is this the first time you heard of it?). What i can work out is that because I haven't posted for a long while, everyone got bored and so banks started lending money they haven't got to other banks who gave the non-existent money to Mexicans in Southern California who crap on your organic vegetables and can't pay it back and as a result of that your stuff are now worthless. What i have just done there is summarise the financial crisis quite well.
But it is true though. I've heard quite some time ago that there was this man who bought a Volkswagen Phaeton for S$296 000 and had just been offered S$51000 (of course this is not in Singapore).Another is an Aston Martin V8 Vantage. It was bought for S$508000 and sold it for S$254000 which is half the value. My favorite one though was a 2004 Mercedes Benz CL600. It's 4 years old with relatively low mileage and in black. Bought for S$300000 (not in Singapore so there's no COE) and it was sold for the equivalent of S$32000.
I'll tell you exactly what has happened here. Since 1992 the world's economy has been playing musical chairs so whatever stuff you got right now you've got to keep it for life.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment