Me too. Every day sameHeng I'm poor. Good times or bad times I always live d same![]()
too late to save money liao, next few months will tio pok liao, drink west north wind liao, how to save?The outbreak of a war involving Iran would send global oil prices soaring, as the country is a major energy producer and the Persian Gulf is a critical trade route for crude shipments. When oil supplies are disrupted, transportation, manufacturing, and energy costs rise worldwide, feeding into overall consumer price increases.
Inflation would then ripple through economies, making everyday goods and services more expensive while eroding the purchasing power of ordinary citizens. Central banks might raise interest rates to curb inflation, but that could also slow economic growth and strain personal finances.
In such uncertain times, saving money becomes crucial as it builds a financial cushion against rising living costs and potential job instability. By prioritizing savings, individuals can maintain stability and security even as global events create economic turbulence.
You mean gold and silver right, bcos paper money returns to its intrinsic value which is toilet paper
Mai kay kay la.... we not gg to borrow from U.Heng I'm poor. Good times or bad times I always live d same![]()
No need act. I also no pay nowMai kay kay la.... we not gg to borrow from U.![]()
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Gold and silver seemed to have remained stagnant ever since the Iran War erupted. It's like whoever was manipulating the market became too busy to move it up or down.You mean gold and silver right, bcos paper money returns to its intrinsic value which is toilet paper
Prime Minister Narendra Modi has appealed to Indians to revive working from home, buy less gold and limit foreign travel to deal with a surge in global energy prices because of the continuing crisis in the Middle East.
Modi said the austerity measures, reminiscent of the Covid era, would reduce India's fuel use and help save foreign exchange.
India imports 90% of its oil and its crude bill has seen a multi-billion dollar spike since the US and Israel's war on Iran, with the Strait of Hormuz, a narrow Gulf chokepoint, shut for more than two-and-a-half months now.
Analysts described Modi's appeal, made at a public event in the southern city of Hyderabad on Sunday, as the "most drastic" so far.
"Patriotism is not only about the willingness to sacrifice one's life on the border. In these times, it is about living responsibly and fulfilling our duties to the nation in our daily lives," Modi said.
"In the current situation, we must place great emphasis on saving foreign exchange," he added.
Urging people to use public transport such as the metro, Modi suggested people carpool to conserve fuel. He also asked farmers to reduce use of fertiliser by half.
The effect was visible on Indian markets on Monday - analysts say Modi's comments was one of the reasons the benchmark Sensex index fell more than 1,000 points in early trade amid fears of prolonged economic disruption.
Is India in recession?Modi Urges Indians to Buy Less Gold and Skip Foreign Trips as Iran War Strains Economy
https://www.nytimes.com/2026/05/11/world/asia/modi-indians-gold-weddings-fuel-economy-iran.html
Modi urges Indians to WFH and limit foreign travel as Iran war continues
https://www.bbc.com/news/articles/c8r8e2ne1v6o
Probably but not obvious.Is India in recession?
I think slow down only. Not recession.Probably but not obvious.
They have a dwindling supply of fuel and their stock market got a broad sell-off just two days ago.
Although there are no large scale protests on their streets.
Good enough for their opposition party to denounce the measures and label it as economic failure.
China's economy is more like slow growth at around 5%.I think slow down only. Not recession.
Is China in slow down?