How will the coming crisis affect you?

[KingCheong]

We know for quite sometime now that when, not if, the world economic crisis hits, many countries around the world is going to be badly hit, Singapore included. When that happens:

1) Will you chiong (HC/KTV/FL) less in order to tighten your pockets?

2) Will the shrinking of the world economy cause rising unemployment in SG, therefore making more girls to turn to FL so as to earn extra money?

3) Will OKTs still charge super high prices for their FLs (like $500/hr kind) in light of the coming recession?

[(o)(o) Tuner]

Hope this day will never come. Otherwise no budget for bonks and drinks

[fervent]

Quite badly actually. Just keeping my fingers crossed and hope for the best.

[lustE-]

It is a rich man's world. There are always going to be people out there who are rich and can afford to lose millions of dollars and still be "ok" or "alright".

During a recession, CASH is KING. recession is also the time to BUY stuff ( example -> properties ) and do some wise investments. That's why always save cash.

However, there are always going to be idiots out there who spend 90-100% of their salary and what they earn away on girls and entertainment. They might even be in debts from their car and house ( bought at a high/inflated price ). They live for the moment and not for the future. This is when they will really suffer or die.

Recession is really the BEST time to BUY things. During a recession, there will definitely be more young SYTs and girls doing sex for money or finding sugar daddies. Some might even offer raw sex for the money. Plenty of options as long as u have the cash. That's why i say CASH IS KING.

I don't think OKTs will increase their price during a recession somehow. I think they will instead try to cheat and manipulate in trying to get more customers instead... or lower their price. Increasing prices is not a smart thing to do.

Recession is really the time to make even more money so you can enjoy and spend it after it's over. Many millionaires or even billionaires made use of "recessions" to become among the richest people either in their own country, asia or the world.

[jameschong1]

[QUOTE=lustE-;6410839]During a recession, CASH is KING.
===
u r wrong! Cash is GOD!
without cash, u r the other way round - u are DOG!

[Johnston]

Originally Posted by KingCheong

1) Will you chiong (HC/KTV/FL) less in order to tighten your pockets?

2) Will the shrinking of the world economy cause rising unemployment in SG, therefore making more girls to turn to FL so as to earn extra money?

3) Will OKTs still charge super high prices for their FLs (like $500/hr kind) in light of the coming recession?

1) When one cant eat, smoke or drink, having sex is a pretty low priority.... so i just answered your question.

2) Yes. That is all. A wóman's gotta have her shoes and shit.

3) You can charge as high a price if you like, make it 20k a hour if you wish, but if the populace cant afford the price, well, shit, you gonna get jack and shit.

[callmebad]

Makes no difference to me when crisis really comes, after all, I have already been jobless for over a year.

[RealEstateGuy]

Originally Posted by KingCheong

We know for quite sometime now that when, not if, the world economic crisis hits, many countries around the world is going to be badly hit, Singapore included. When that happens:

1) Will you chiong (HC/KTV/FL) less in order to tighten your pockets? NO, I don't chiong. Only play with FB (high class maid) and FwB (CBC expat). Neither are aware of each other.

2) Will the shrinking of the world economy cause rising unemployment in SG, therefore making more girls to turn to FL so as to earn extra money? POSSIBLE, but we are not at the breaking point. Morals still prevail in greater SG society (just not on this board).

3) Will OKTs still charge super high prices for their FLs (like $500/hr kind) in light of the coming recession?

YOU, are more familiar with market prices given you engage in such transactions on a repetitive basis?

[Onfire]

Always cheong within your budget.

[asdfghjkl]

The volume one chiong may drop but not much.

According to economics, beside food and beverages related companies, sin related companies like casino should fare relatively better throughout a terrible bear market. In fact, during the Great Depression the entire US market drop except for 3 stocks, the types mentioned above.

[lustE-]

Originally Posted by asdfghjkl

The volume one chiong may drop but not much.

According to economics, beside food and beverages related companies, sin related companies like casino should fare relatively better throughout a terrible bear market. In fact, during the Great Depression the entire US market drop except for 3 stocks, the types mentioned above.

simply because there are plenty of "idiots" in this world. not everyone and everybody u meet will have good financial sense. maybe out of 10 people u meet, perhaps only 1 has financial sense.

there are plenty of people out there who wear bigger hats than they should.

for example, there will always be a guy/girl out there earning 2-4k a month and eating expensive food/drinks and gamble. some people even buy a BMW car with just a 2k+ a month salary. lol.

there will also always be a guy earning 20-40k a month who eats cheap food with the occasional fine dining and don't drink and don't gamble and drive a Camry or Ford car.

moral of the story - yes, even when a recession comes.. the world doesn't stop working. everyone still have to live as usual and some businesses still do make profits/money... just perhaps not as much. it's also a risk and luck thing. just because a F & B related company is "alive", it don't mean shit. there might be other F & B related companies that go bankrupt and close down as well. this is called competition.

[owl888]

My 3 thoughts:
* Cut down on meat, eat more vegetables.
* Don't eat outside, eat at home.
* Don't pay for other's hands, use your own

[naturegreen]

Originally Posted by KingCheong

1) Will you chiong (HC/KTV/FL) less in order to tighten your pockets?

Depends on individual

Originally Posted by KingCheong

2) Will the shrinking of the world economy cause rising unemployment in SG, therefore making more girls to turn to FL so as to earn extra money?

Highly possible

Originally Posted by KingCheong

3) Will OKTs still charge super high prices for their FLs (like $500/hr kind) in light of the coming recession?

Very Unlikely. Since if it's a recession, it'll affect everyone. By increasing their prices, then nobody will patronize their girls which will in turn affect their turnover.

[alan0338]

simple, wu lui then eat gd food kio more kuay, bo lui then stay home and pcc lor

[wally888]

Sell myselft to "lau cha bor". Gotta have sex & earn $$$