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24-08-2022, 06:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.theedgesingapore.com/ne...oney-cheap-labour-and-cheap-energy-ravi-menon (https://www.theedgesingapore.com/news/singapore-economy/end-cheap-money-cheap-labour-and-cheap-energy-ravi-menon)
The era of cheap money, cheap labour and cheap energy is over, and Singapore must get used to higher prices as new cost structures emerge, says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).
“There has been too much borrowing, too much inequality and too much carbon emissions globally. Interest rates are not going back to the zero lower...
Read more (https://www.sammyboy.com/threads/mas-cake-leng-melon-says-cheap-loans-and-credits-are-gone.327057/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/mas-cake-leng-melon-says-cheap-loans-and-credits-are-gone.327057/).
https://www.theedgesingapore.com/ne...oney-cheap-labour-and-cheap-energy-ravi-menon (https://www.theedgesingapore.com/news/singapore-economy/end-cheap-money-cheap-labour-and-cheap-energy-ravi-menon)
The era of cheap money, cheap labour and cheap energy is over, and Singapore must get used to higher prices as new cost structures emerge, says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).
“There has been too much borrowing, too much inequality and too much carbon emissions globally. Interest rates are not going back to the zero lower...
Read more (https://www.sammyboy.com/threads/mas-cake-leng-melon-says-cheap-loans-and-credits-are-gone.327057/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/mas-cake-leng-melon-says-cheap-loans-and-credits-are-gone.327057/).