Economy crisis deepen!

After 1 year of the subprime bubble burst, the chain effect has reach US Auto Industry. So why is the auto industry badly affected when they have no link to the subprime, housing and financial?

You have to blame the "Big 3" old mindset of building muscle car (High horsepower car but not fuel efficient) that got them less attractive than the Japanese smaller and fuel efficient car. This crisis started when the economy boom in early 2007 where China as the "World Manufacturer" and "Fastest Growing Economy" require alot of raw resources, especially crude oil to fuel their economy need (Second highest consumption of oil in 2007 and growing at 7.4% yearly). This usage is still coonsider relatively low for a 1.6billion population as the usage is only 1.9 thousand barrel per capital (bbl) as compare to US 24.8 thousand barrel per capital (bbl). Meaning to say, China will required 140,000 bbl once it have developed into a mordenize country (Current usage is 7,201 bbl). With the increase of oil usage and economy boom, gasoline for cars start to rise more than 100% this year from a usual US$50 per barrel to US$129 per barrel. This causes people in US to turn to Japanese car for better fuel efficient cars.

Other than gasoline price increases, it also trigger other prices to go up. As we know all of our foods, daily necessities and etc are make from machinery therefore with the oil price increase will lead to an increase to all this necessities. Food in particular increases tremendously as food like corn, wheat can be used to produce gasoline. With more people see the profit in grwoing this crops, lesser land is used to grow crop for food that is used to feed the populations and lead to a 100% increase in certain food like rice, corn and wheat.

With the drop of 30% of sale in the car industry, the "Big 3" start to lose lots of money. This loses in money has cause the "Big 3" to operate in deficit for very long (especially GM has been in deficit even before the crisis occur). I believe this rise in oil price will be close to 200% in the next economy crisis. Be prepare.

You can earn some extra cash by clicking and viewing ads

TThe site recommended below are trusted and tested by various clicker for paying on time and admin is trusted. Look at their rating in forum at here.

PPClix the most eagerly waited site of the month which has been in production since Aug by Contemptx. This site has include instant payment for both PP and AP, with referral purchase at $1 each for now in the pre-launch period (same price for buying gold/vip referral) and a special feature of selling ticket which he is keeping it secret for now. The money earn during the beta is going to be credited into you account later TOO!

TakeTheGlobe has become a hot buux to join due it massive ads close to 60 ads for standard member and 100+ ads for premium. It has a very strong programmers group and a very honest admin.

Isabelmarco is in the market for sometime and it member has also reached more than 1million with payment over 1million too. This is the site with the highest Return of Investment (ROI), which is close to 100%-200%.

Neobux are a site that comes with instant payment to your alertpay and the member there is very active. Since it inception into market for just half a year, it member has grow to more than 1million and pay over 1million USD.

PPClix's Earning

PPClix is paying all member who reach the cashout even in their beta, which got me to trust them more as a professional and reliable owner. As they claim they are going into this industry as a business.

1st Payment

2nd Payment

3rd Payment4th Payment5th Payment
6th Payment
7thPayment
8th Payment
9th Payment
10th Payment
11th Payment
12th Payment
13th Payment
14th Payment
15th Payment
16th Payment
16th Payment

If this got you interested in earning more moeny, you can join by clicking the banner below

The logic of economy that will never change.

Just want to post something that will help people in investment or stay off from losing. Here my rule:
1) There is no one instrument that will be profitable all the time , even for investment in gold, crude oil, stocks, property, forex and setting up business.
2) Never invest in thing you are unsure of.
3) Try to be a neutral party in people comments, so that you can analyse the thing from the critic and the pro.

Some logic that I found always working in free market.
1) When the economy is bullish, the sign stock market index jump by 50-100% in a year. The gold price will sure hit bottom and will be the best time to buy it. Property price, oil price and finance stocks will hit new high and must be stay away from. Save all the money you have in bank, don't care what interest they gave you as in the latter part you can earn more with this money. Wait for it to turn bullish and you can start investing in property and stock when they hit bottom. Also remember to sell all you gold investment that you bought during bullish time to get your gains.

The sign of them hitting bottom, index and retrenchment rate start to fluctuate back and forth at an average horizontally. Normally I will gauge using major stock index as it is more up to date and instantly available.

2) Money will always drop when central start to combat lower interest rate, and country is in deficit. This lower investor interest in that currency when more money is print to increase liquidity but will devalue it.

Top 3 bux

The top 3 bux is based on user voting in PTC Talk for month of October.
1) Neobux
2) TTG
3) Sandraclick





TakeTheGlobe's Earning

TTG earning is really fast, it pay within the TOS of 30 days which really surprise as I expect to be pay exactly on the 30th day upon request.

1st PaymentRequested on: 16th October 08
Payment Received: 31th October 08

You can join here if interested in TakeTheGlobe:

TakeTheGlobe

One of the upcoming bux site that has very good business model and it follow the real way of a bux site should be.

What is an original BUX site trend, get advertiser to advertise in the site for member to click daily. This will not give much ranking in google but it will generate traffic and some business too at very cheap cost.

Have been keep track on TTG news for 1 month and find a few reason why it is a good site to join:
1) Admin is very active in PTCTalk and always inform member of any good / bad news to prevent member from wild guess.
2) TTG has a very good ranking from my poll in the forum.
3) Very substaintial model, which help it to balance the cash coming in and going out.
4) Lots of ads to be click, even you have no referral you can reach your return of investment in 2 months.

1. A premium cost $60, premium get 100+ ads daily.
   
2. $0.01 x 100 ads = $1
3. 30 days x $1 = $30

5) New hosting service at special for member.
6) Various lottery for member.
7) Full support from Alertpay, where Alertpay have member in the forum to answer member question.
8) Have a good team of coder that help them win a prevention of DDOS attack from a group of hacker.
9) Good Servers and Hardware acquire to reduce user lagging time (As you know they have 100 ads, so if at any one time a group of 10k member surf the ads will lag alot on single server hosting) and DDOS attack (instead of getting BlockDOS for help they develop their own DDOS protection).

That what i have seen in the past month for their effort from under DDOS attack, coming back from DDOS attack with responsiblity, actively supporting member queries and etc.

Click the banner to join.

Who will be the next casualty in Subprime?

I guess the next to be losing greatly will be those shipping company.
WHY?

In the boom of 2007 end to 2008 start, they bought alot of ship for transporting goods from China to the rest of the World. There were Korean Posco steel maker company always post profit beating estimate due to ship building company demand but now Posco is in red as there will be low demand for steel.

Plus manufacturing is in depression for sometime, shipping is gonna be low demand as consumer spending has fall greatly. I believe the next casualty in US maybe the shipper that have too much ship in the shipyard and the maintenance, operating and insurance fee will cost them alot.

Some news for all in Singapore

In this time of economy crisis, we are no way better off than USA and Europe.
Here my reason of WHY?
1) Singapore is an Exporter Country, where our revenue come from exporting goods manufacture in China and sell to Japan, USA and Europe. If both this market crash where can we sell them to?

2) Why this 2 market can affect the World? In 2007 survey by IMF or World Bank or CIA, this 3 area contributed to 50% of the World GDP of 54 Trillion USD. They collapse then we will lose 2 market with 25 Trillion to buy our goods.

3) Why we are not selling to China since they are the upcoming power and contributed 3 Trillion USD in last year? They are very self sufficient, so it will be quite impossible to sell to them as most of the thing in the World is produce from there.

4) Where will the credit crunch affect next in industry? Most likely is all the shipping line and ship maker. They produce alot of ships during the 2007 Boom period and now with economy slow down, these ship became a big liabilities. Shipmaker will suffer greatly for next few year as there is oversupply of ship in the World. We can see this in Singapore NOL shiping company halt the purchase of Germany Shipping company Hapag-Lloyd.

5) Our bank also have losses due to subprime (DBS,UOB and etc), DBS has the most losses with write down of S$170 million on CDOs with exposure to U.S. subprime assets. DBS is also under stress from the collapse of Lehman Brother as they have sell some so call "very safe" Lehman Minibond and DBS high note that link to Lehman Brother before collapse.

6) Manufacturing is in the worst hit as their goods is unable to be sell, as the whole world is saving whatever they have to tide over this crisis that may be as great as The Great Depression.

7) Property will further slowdown from last quarter as there are oversupply of private housing in the market. This will be make worst as alot of buyer buy properties that they cant afford to earn fast cash from the hot market at the start of the year, where they can only anticipate to pay a few instalment and sell it off.

Some advice:
1) Dont buy gold now, it is overprice. But this is the best time to sell your gold/gold jewellery, buy it back after the depression start to cool down.
2) Put all your saving cap at $20k max at each Singapore bank, as in any case of bank collapse we can only get back $20k max for each bank through the insurance they are order to buy by MAS.

3) Hold your money and wait for the sign of economy depression that come to it bottom, sign like consumer spending index in USA drop has start to stop for at least a quarter or Inflation rate has start to rise instead of decreasing.

4) Find more income stream to get extra cash, e.g. find a good BUX site with honest admin to prevent scam and look for those who are not needed to invest to earn or do some freelance job like translation, web design, programming and etc.

5) It also a best time to enhance yourself, by going for extra certificate as this is the time those college that offer part time course to cut price. Good thing about part time course is you can social around with more people from the working force not like in full time course.

Neobux's earning

Here all my 9 payments from Neobux and it is paid instantly from the site in seconds.

1st Payment

2nd Payment

3rd Payment

4th Payment

5th Payment

6th Payment

7th Payment
8th Payment

9th Payment


Neobux is one of the most recommended bux site to join