Rolex Armed Robbery

[jtli202]

Originally Posted by enjoythemusic

Happened to me a few times over the years (general personally being robbed, so watch, another time money, another time the car and money....). Sure the first time is jolting, yet by the third+ times it gets a bit anti-climatic.




Generally speaking, 100% agree. Plus unlike Europe, USA and other countries where the odds favor the robbers, in Singapore they have a higher chance of being caught and properly prosecuted.

Do you live in a sketchy neighborhood and/or travel to dangerous countries, or are just extremely unlucky?

[enjoythemusic]

Originally Posted by jtli202

Do you live in a sketchy neighborhood and/or travel to dangerous countries, or are just extremely unlucky?

Life circumstances.... some personally caused, others just being in 'wrong' place at wrong time. At this point in life am kinda immune. Besides, the time with the money and car gave them $$$ yet fraught them over my car keys and in the end car stayed with me.

While some may say it's 'just a car', had a lot into her including development work with Nakamichi stereo system and the innovative Clarion AutoPC / WindowsCE programming. So it wasn't 'cost' of the car moreso than it was development / programming work.

Ah well, life happens while you're busy making other plans.

[Token74]

South Africa is one of my favourite countries, but there is extreme poverty and as such it is sensible to take appropriate precautions. I always wear my battered old Speedy in a Nato when I visit.


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[anonymousmoose]

Melbourne, Australia

https://www.perthnow.com.au/news/cri...7a3ad34f022331

[Yeezy_008]

The incident that occurred in London a few days ago.

https://www.dailymail.co.uk/news/art...n-embassy.html

[LandWatch]

Wow, that’s pretty scary. What on Earth is the world coming to ...?

[enjoythemusic]

Originally Posted by HighlandWatch

Wow, that’s pretty scary. What on Earth is the world coming to ...?

Historically, i believe, we're at the widest difference of the 'haves' versus 'have nots'. Basically, the case-effect of Modern Monetary Theory (MMT) forced upon society by today's modern central banking schemes.

[LandWatch]

And in today’s world the wealth disparities are all the more apparent. Very conspicuous consumption, social media etc etc ...

[Blansky]

Originally Posted by HighlandWatch

Wow, that’s pretty scary. What on Earth is the world coming to ...?

If a tree falls in the forest and there is no one to hear it does it make a sound?

I'm sure people have been getting mugged since the invention of fire. Now were just hearing about every instance.

I remember when the term helicopter parents came out referring partly to parents taking their kids to and from school instead of letting them walk like we did as kids. Now it's almost a crime to have so called 'free range kids', and it dates back to mass media and so called child abduction cases, and the scare tactics of all that. In fact most almost all cases were child custody parental disputes.

But that's now the new normal.

Mass media, and scare news, "bleeds it leads" stuff.

[enjoythemusic]

Originally Posted by Blansky

...Now it's almost a crime to have so called 'free range kids'...

Remember waaay back when within the USA a family could live off a normal single income (usually the husband).

This meant one of the parents could be home with the children, etc. Society has of course changed since decades ago, yet we need to look at the contributing factors as to why a family in 2019 barely gets by when both parents MUST work.

Cause - Effect

What contributing factor(s) are to blame? How is it that human work/energy has been greatly devalued... and the outcome from that is... ?

[Blansky]

Originally Posted by enjoythemusic

Remember waaay back when within the USA a family could live off a normal single income (usually the husband).

This meant one of the parents could be home with the children, etc. Society has of course changed since decades ago, yet we need to look at the contributing factors as to why a family in 2019 barely gets by when both parents MUST work.

Cause - Effect

What contributing factor(s) are to blame? How is it that human work/energy has been greatly devalued... and the outcome from that is... ?

Obviously, lots and lots of reasons.

One is consumerism. Gotta buy all the new stuff. TVs, phones, cars, large homes, etc etc.

Health care.

College education for kids is another. Massive outlay of cash. I left home at 17, now kids are at home until they're 30.

House appreciation (financial) is something that wasn't much of a thing when I was growing up. Now it's part of the plan, and a part of why people bought houses they couldn't afford because of the appreciation that happened around the same time. Houses climbing in value in a short time led people into the buying and refinancing game to move up to the McMansion.

So many reasons but I get your point.

[enjoythemusic]

Great post and agree consumerism based economy has swung too far in the spend-it-all mode. Savers are penalized of course due to currency devaluation. Heath care costs is a huuuuge mistake due to laws allowing an anticompetitive environment (combined with inefficiencies).

Really like your post. If i may add to this general discussion....

Instead of saying inflation or prices rising, it is currency devaluation. If a currency is truly stable....

MATH TEST
At 2% annual currency devaluation/compounded per central bank targets, how many years until a currency loses 50% of its initial value?

[tommy67]

Wow that must have been a very scary moment.

[tritium8]

Originally Posted by Blansky

This is the exact reason I told my wife a number of years ago that I had to have a lot more than one watch.

You just might lose a few.

I'm stealing this. Wait, too soon?

[junamuan]

Originally Posted by SeikoBake

It looks to me like they are stealing cars, not rolexes. Am I missing something ?

That's what I thought too after watching the video 3x.

We certainly missing something here.