Inflation in Singapore Hits 6.7% for Feb 2008!!!

• maurizio13

  29 Mar 08, 19:24

  TCH05 (aka Gazelle),

   

  Previously I asked that you explained your own version of how the EU subsidies work, you play TaiChi,

  if you really want to discuss, maybe you can explain your version of the mechanics of EU subsidies to farmers.

  If you don't understand how it works, but your have online sources, then please quote your online sources on

  the workings of the supplier subsidies.

   

  Be a man for once, don't be a transvestite, if wrong admit it, don't avoid and try to distort facts.

  Ok. Discussions aside.

  How's your panties sniffing going on?

  Sniff any supermodels lately?

   

   

  Originally posted by maurizio13:

  You don't understand how the EU subsidies work?

  Fine.

  Maybe you have your own version.

  Care to explain to me the mechanics of how the farm subsidies work?

  I am willing to hear your explanation.

   

• eagle

  29 Mar 08, 20:35

  Originally posted by maurizio13:

  
  Me quote you out of context?

  If you have no idea what is "closed economy", don't use it.

  If you have no idea what is "correlation", don't use it.

  Can explain your theories in simple terms, we know you are not educated in Economics

  and you haven't had any proper tertiary education.

  That's why whenever we asked you to explain your theories, you can never do it, you can

  only claim that you are right and everyone else is wrong.

  Don't worry, we won't look down on you despite your imperfections.

   

  Originally posted by TCH05:

  Thats because Japan is still a very closed economy, in the sense that they seldom source their raw material from non japanese companies even though they are cheaper. With less external competitions, naturally the price of products will be higher.

   

   

  Actually don't know can still use la... just that use wrongly then change lor... Take it as learn something new... Cannot expect everyone to have learned basic economics or statistics also mah...

• eagle

  29 Mar 08, 20:37

  Originally posted by TCH05:

  
  maybe "closed" enconomy might be more application. In any case, the economy might be open for business, but the businessmen are not too open to doing business with foreigners.

   

  that is what I am trying to say.

  Just additional interesting information:

   

  In 1985, 23 years ago, new policies by the jap government are put into place.
  Sometimes, economics and preferences still have to give way to politics as shown:

  
  Warning that the free-trade system and even peace and prosperity were in danger, Nakasone made an unprecedented appeal to the Japanese public. "I would like to ask you to buy more foreign goods," he said. "If each Japanese buys $100 in foreign goods, the increase in imports from that would amount to $12 billion, and foreign countries would be happy."

  .....

  -- The government will help foreign manufacturers break into the $26 billion Japanese telecommunications market by simplifying product standards.

  -- Overseas companies trying to gain approval to sell medical equipment and pharmaceuticals will, in many cases, no longer have to duplicate in Japan clinical tests that they have already performed in their home countries.

  -- To encourage more imports of electronics products, copyright protection will be granted on computer programs and semiconductor chips. In the past, American companies have complained that Japanese manufacturers have been able to copy freely foreign programs and chips.

  
  http://www.time.com/time/magazine/article/0,9171,966838,00.html

   

  2006 August
  Japanese imports from China rose 6.1 percent to 56.3 billion dollars, marking a sharp slowdown in growth mainly due to a slump in steel imports, JETRO said.
  "Exports of electronic parts from Japan to China will continue to expand and imports from China to Japan will also increase as Japanese manufacturers continue to shift their production bases to China," JETRO predicted.
  http://www.chinadaily.com.cn/china/2006-08/29/content_676285.htm

   

  For years 2001, 2002 and 2003 respectively,

  

  

   

  http://www.wto.org/english/tratop_e/tpr_e/s142-5_e.doc

   

  A year 2002 article:
  Japanese girls go crazy for foreign designer goods

  The consumers' desire and choices are definitely have higher regards and standings than businessmen's choices.

   

  And finally:
  
  A 2007 July article presents independent calculations and insights based on data drawn from the CIA World Factbook and the U.S. Census Bureau – Foreign Trade Statistics.

  Japanese Imports from U.S.

  Of the $59.6 billion in American exports to Japan in 2006, the following product categories had the highest values.

  1. Civilian aircraft … US$3.5 billion (5.9% of Japan from U.S. imports, up 9.4% from 2005)
  2. Medicinal equipment … $2.7 billion (4.5%, down 2.2%)
  3. Industrial machines … $2.3 billion (3.9%, up 17.9%)
  4. Telecommunications equipment … $2.1 billion (3.5%, up 10.6%)
  5. Semi-conductors … $2.06 billion (3.5%, up 10.4%)
  6. Corn … $2.0 billion (3.3%, up 22.1%)
  7. Pharmaceutical preparations … $1.8 billion (3.0%, up 13.2%)
  8. Computer accessories … $1.75 billion (2.9%, down 2.4%)
  9. Measuring, testing & control instruments … $1.69 billion (2.8%, up 16.4%)
  10. Organic chemicals … $1.4 billion (2.4%, down 6.4%)

  http://internationaltrade.suite101.com/article.cfm/japans_top_exports_imports

   

• maurizio13

  29 Mar 08, 20:40

  Originally posted by eagle:

  Actually don't know can still use la... just that use wrongly then change lor... Take it as learn something new... Cannot expect everyone to have learned basic economics or statistics also mah...

  
  Agree.

  It's those that persist in their mistake that is alarming, nobody is perfect, but this fella commit mistake will twist and turn to make it right.

  Strange also, someone who has no knowledge in economics and statistics talks with such authority.

  From the way he speaks, doubt he has attended any form of tertiary education.