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 How are you preparing for the future?, Market and Ecomonic gloom

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TSbengang15
post Sep 24 2025, 08:04 AM, updated 3 months ago

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Hi all,

Let's be frank here. I can see the situation is quite gloomy now

1. Sales tax- price increase
2. Job market gloomy with the AI taking over jobs
3. Chinese people coming in taking some jobs
4. Gov reducing subsidy
5. Uncertainty in USA with Taco
6. War in Europe not ending soon
7. No headcount in your company even though people resign.

For people in the 40s and 50s are the most at risk. I mean you have reached a certain level of salary/remuneration it's very difficult to find a better position.

How do you prepare yourself?

For me I like doing house work like installing lights, water heater etc. Was thinking of taking some wireman course . I guess these are AI proof for noq.

How about you guys?
sadlyfalways
post Sep 24 2025, 08:11 AM

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im preparing to die before shit hits the fan
TSbengang15
post Sep 24 2025, 08:18 AM

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QUOTE(sadlyfalways @ Sep 24 2025, 08:11 AM)
im preparing to die before shit hits the fan
*
If you have a family. Cannot la.
TSbengang15
post Sep 24 2025, 08:22 AM

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Just to add further. I saw a post sowmwthere where they ask children how they project the future

The 30s- train , mrt, futuristic city
The 60s - flying cars etc
The 80s - very green cities we probably solve pollution issues

Now- war, famine etc

So its really hard to blame the current generation of YOLO , preferring to work as grab driver or maybe lack ambition. They don't see hope and future. Even myself too.
soul78
post Sep 24 2025, 08:23 AM

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dun burden yourself with things you can't control...

but what you can control is yourself, your life and your spending...

if things really go south... you can hybernate like a bear in the winter and come out the other side.... or lie flat like how the chinese doing it...

bcoz by 2030, /K will be a very quiet place pt1. whistling.gif
TsubakiKira
post Sep 24 2025, 08:30 AM

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QUOTE(bengang15 @ Sep 24 2025, 08:04 AM)
Hi all,

Let's be frank here. I can see the situation is quite gloomy now

1. Sales tax- price increase
2. Job market gloomy with the AI taking over jobs
3. Chinese people coming in taking some jobs
4. Gov reducing subsidy
5. Uncertainty in USA with Taco
6. War in Europe not ending soon
7. No headcount in your company even though people resign.

For people in the 40s and 50s are the most at risk. I mean you have reached a certain level of salary/remuneration it's very difficult to find a better position.

How do you prepare yourself?

For me I like doing house work like installing lights, water heater etc. Was thinking of taking some wireman course . I guess these are AI proof for noq.

How about you guys?
*
not there in 40s yet.

tbh, we are just living and trying to cope with the increasingly unbearable cost of a lot of commitments. can't even hedge off some earnings into savings because that's how bad it is.
gonna try to make a quick buck from selling stuffs in carboot sales, and save some items somehow. doesn't help when you're stuck in the customer service line.

can only take one step at a time, because the future is that uncertain.

also DIY work is good, as well as repairing tech/electronics. but if everyone become kaki DIY then no point having that as a side income.

MegaCanonF
post Sep 24 2025, 08:36 AM

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QUOTE(TsubakiKira @ Sep 24 2025, 08:30 AM)
not there in 40s yet.

tbh, we are just living and trying to cope with the increasingly unbearable cost of a lot of commitments. can't even hedge off some earnings into savings because that's how bad it is.
gonna try to make a quick buck from selling stuffs in carboot sales, and save some items somehow. doesn't help when you're stuck in the customer service line.

can only take one step at a time, because the future is that uncertain.

also DIY work is good, as well as repairing tech/electronics. but if everyone become kaki DIY then no point having that as a side income.
*
Cooking is also a good skill . This kind of thing AI will never able to replace .

Either its coffee brewery , or street foods.

In my area, street coffees are blooming, and lots of people every time of the day! Perhaps I should take some barista training as well in the future ..

and yeah, agree with /ktard above, no use to hurt our mind thinking of things you can't control...

This post has been edited by MegaCanonF: Sep 24 2025, 08:36 AM
ornehx
post Sep 24 2025, 08:50 AM

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spending quality time with your loved ones
hoonanoo
post Sep 24 2025, 08:51 AM

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QUOTE(bengang15 @ Sep 24 2025, 08:04 AM)
Hi all,

Let's be frank here. I can see the situation is quite gloomy now

1. Sales tax- price increase
2. Job market gloomy with the AI taking over jobs
3. Chinese people coming in taking some jobs
4. Gov reducing subsidy
5. Uncertainty in USA with Taco
6. War in Europe not ending soon
7. No headcount in your company even though people resign.

For people in the 40s and 50s are the most at risk. I mean you have reached a certain level of salary/remuneration it's very difficult to find a better position.

How do you prepare yourself?

For me I like doing house work like installing lights, water heater etc. Was thinking of taking some wireman course . I guess these are AI proof for noq.

How about you guys?
*
double

This post has been edited by hoonanoo: Sep 24 2025, 08:53 AM
hoonanoo
post Sep 24 2025, 08:52 AM

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QUOTE(bengang15 @ Sep 24 2025, 08:04 AM)
Hi all,

Let's be frank here. I can see the situation is quite gloomy now

1. Sales tax- price increase
2. Job market gloomy with the AI taking over jobs
3. Chinese people coming in taking some jobs
4. Gov reducing subsidy
5. Uncertainty in USA with Taco
6. War in Europe not ending soon
7. No headcount in your company even though people resign.

For people in the 40s and 50s are the most at risk. I mean you have reached a certain level of salary/remuneration it's very difficult to find a better position.

How do you prepare yourself?

For me I like doing house work like installing lights, water heater etc. Was thinking of taking some wireman course . I guess these are AI proof for noq.

How about you guys?
*
no,3 is very true...with USA and Europe MNCs moving out, CCP companies more will be coming here. They will bring their working culture. It can be ruthless, so if you join them make sure you are below 40, if shit hits the fan, you can quit and find other jobs. After 40yo, you are virtually stuck and rely on them, unless they like you for your work.

no.1, be glad that govt is trying to balance the budget. Of course spending may not be fair among classes of people. But still, they are trying to manage. That is the important understanding. Things can get worse, if govt change to some crazy Puas run govt that don't understand GDP and budget deficit. They will spend spend on subsidies and take govt borrowing until they can't then print money to raise inflation to venezuela and afganistan levels.

Its gonna be hard even for my rich friends. The tariff war is hitting on their businesses. They used to be selling a lot of their products to USA but now they are seeing teir margins swiped by CCP companies eating into their market share.


knwong
post Sep 24 2025, 08:54 AM

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Those handyman work only get paid well in countries like Australia, UK, USA

Passive income is the best. Like properties. Buy at good location.
GTA5
post Sep 24 2025, 08:59 AM

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I don't even know if I will be alive tmr.

Just live for today.

This post has been edited by GTA5: Sep 24 2025, 08:59 AM
gnc88
post Sep 24 2025, 09:11 AM

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QUOTE(knwong @ Sep 24 2025, 08:54 AM)
Passive income is the best. Like properties. Buy at good location.
*
This. Count yourself lucky no ABSD.. unlike us in SG, gets hit with 20%/30% tax for 2nd prop.

This post has been edited by gnc88: Sep 24 2025, 09:11 AM
ernie ball
post Sep 24 2025, 09:11 AM

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Stop worrying about tomorrow,
the best way for you to survive is to have skills people actually need, in peacetime or war.

Learn traditional skills, ie coding, engineering, commercial drone flying, photography, cooking, mechanics etc.

Having money is nice but will be worthless if TACO decides US will not repatriate your funds, but no point to think of those unlikely scenarios.
knwong
post Sep 24 2025, 09:21 AM

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QUOTE(gnc88 @ Sep 24 2025, 09:11 AM)
This. Count yourself lucky no ABSD.. unlike us in SG, gets hit with 20%/30% tax for 2nd prop.
*
Still have high RPGT...if you sell early
TSbengang15
post Sep 24 2025, 10:17 AM

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QUOTE(MegaCanonF @ Sep 24 2025, 08:36 AM)
Cooking is also a good skill .  This kind of thing AI will never able to replace .

Either its coffee brewery , or street foods.

In my area, street coffees are blooming, and lots of people every time of the day! Perhaps I should take some barista training as well in the future ..

and yeah, agree with /ktard above, no use to hurt our mind thinking of things you can't control...
*
You can see robot is cooking now. Albeit simple one la. Like fried rice and fried noodle.

I guess taking up skill is for hobby and hopefully can be useful in the future.

It's not about worrying it also to prepare oneself la.

QUOTE(ornehx @ Sep 24 2025, 08:50 AM)
spending quality time with your loved ones
*
That's for sure. Especially if you have a kid. You will suddenly find your kid grow up so fast.
TSbengang15
post Sep 24 2025, 10:21 AM

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QUOTE(hoonanoo @ Sep 24 2025, 08:52 AM)
no,3 is very true...with USA and Europe MNCs moving out, CCP companies more will be coming here. They will bring their working culture. It can be ruthless, so if you join them make sure you are below 40, if shit hits the fan, you can quit and find other jobs. After 40yo, you are virtually stuck and rely on them, unless they like you for your work.

no.1, be glad that govt is trying to balance the budget. Of course spending may not be fair among classes of people. But still, they are trying to manage. That is the important understanding. Things can get worse, if govt change to some crazy Puas run govt that don't understand GDP and budget deficit. They will spend spend on subsidies and take govt borrowing until they can't then print money to raise inflation to venezuela and afganistan levels.

Its gonna be hard even for my rich friends. The tariff war is hitting on their businesses. They used to be selling a lot of their products to USA but now they are seeing teir margins swiped by CCP companies eating into their market share.
*
That and also with this visa free , they are coming in and not paying tax. For sure that is a different discussion.

Malaysia is stuck can move up the value chain and can bear to move back to the lower chain.

China people in order to survive this trade war are moving away from China and for sure coming to Malaysia. Easy speak Chinese unlike other countries.

The industry I'm in is affected and I am saying this from first hand experience.

So while there is nothing much we can do , just thinking what we can do for ourself.

In the future I feel we will be moving back to blue collar job. All white collar will be AI
TSbengang15
post Sep 24 2025, 10:38 AM

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QUOTE(gnc88 @ Sep 24 2025, 09:11 AM)
This. Count yourself lucky no ABSD.. unlike us in SG, gets hit with 20%/30% tax for 2nd prop.
*
Not really la . While property is cheap here how many are able to rent out and cover the loan.

Singapore anytime there will be takers.
TSbengang15
post Sep 24 2025, 10:42 AM

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QUOTE(ernie ball @ Sep 24 2025, 09:11 AM)
Stop worrying about tomorrow,
the best way for you to survive is to have skills people actually need, in peacetime or war.

Learn traditional skills, ie coding, engineering, commercial drone flying, photography, cooking, mechanics etc.

Having money is nice but will be worthless if TACO decides US will not repatriate your funds, but no point to think of those unlikely scenarios.
*
Coding all goes to AI lor

I have always wondered in war time what can my white color skill do...nothing really.


laksamana
post Sep 24 2025, 10:43 AM

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I'm not actually sure what others are doing, if anything at all.

Everywhere I see is many people are full-on YOLO, buying latest iPhones, everywhere new cars, people going for holidays etc.

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