Increase in Fixed Deposit Rate by POSB

[sgd]

uob atm don't have that queue problem, ocbc also I often wonder that myself I can only guess it boils down to singaporeans being copycats like to copy what everybody doing, they see a queue they think it must be good or they can't make up their minds so they just join in

But we can't just print money forever.. USA is kinda over doing it.

Actually everybody says this is bad, this is bad, all the experts are very clever to say is not good in the long run blah blah blah but you know what? this is what everybody wants anybody who is vested in the market that is. Everybody knows that down the road things will become very expensive due to crazy inflation and interest rates will have to hike up like crazy to tame it and governments that are now bankrupt and up to their eyeballs in debt will start taxing their citizens heavily, come on how else do you think they can pay 6.5% interest on their loans, where do you think the money coming from ...

but nobody cares there's a bull run now and that's all their focus is on.