An honorable member of the Coffee Shop Has Just Posted the Following:
1. Europe collapse (from Derivatives) ...
2. US collapse (Junk bonds and default on debt) ...
3. PRC collapse (Corruption, asset bubble burst) ...
4. Japan collapse (Zombie companies/banks, world's highest public debt) ...
5. Saudi Arabia (Corruption, collapse in oil price, cash running out) ...
6. Russia (Same as Saudi) ...
And ...
Singapore - overhung with commercial/residential properties, mostly dead SME businesses, MNC salaries earned mainly by foreigners (flowing out of funds). Many of the asset bubble is funded by the cheap loans coming from US, Japan, Europe and PRC.
Matter of time.
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