Fed’s QE tapering unlikely to hit Asia, says PM Lee

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(11-09-2013, 05:25 PM)countonme Wrote: I think it depends on how much the middle class will benefit from the pro-investment environment. It w be a hard task to get the top line GDP figures to grow together with such growth benefiting the middle class. Even if salary for middle class rise by 5-10%, the purchasing power is eroded by rising inflation, house, car price. So the benefit could be little or even negative.

(11-09-2013, 05:11 PM)felixleong Wrote: Ah Lee has to be bullish, he needs a strong market and our votes ^^
Singapore very export based. So have to make sure people buy things from us.
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