Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?
MishTalk
JANUARY 15, 2014
percent even as the country’s red hot construction sector has been attracting overseas workers, and a growing number of wealthy citizens are hiring domestic helpers from neighboring countries like the Philippines and Indonesia. Federal Reserve has pursued its zero interest rate policy, or ZIRP, after the financial crisis in 2008.
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