hey hey
it is a great insult to me that i am not included.Count me
in!!
1.FYI,a dog here is better a lion in other country..
2.PAP is not perfect yet,like other gavaman.
Tell me which nation is better than SG ''IN OVER ALL''.
Dunt just pick small matters to compare.
Just tell me which nation currently is better than SG in over
all.
Then i look at it and see i am eligible migrate there...
3.Take
public debt as example (debts borne by
governemnt)
Tell me which country can be Net Public Debt free,like current
SG.
i think u know almost all First world countries are bearing
heavy Net public debt
ie Gross assests less gross debts.
I think SG may be one of very few vountries in the world
is Net Debt Free!!
Pl note currently SG Gross Public debt is near 100% of GDP.
Dunt just quote without thinking,like CSJ!!
He also made mistake in this Public Debt issue.
But this debt has not been spent,like other countries which
borrow and spend.
This is just to pay interest to CPF holders.
CPF Board cannot take risks to invest and get profits to pay
you
the interest fr 3.5 to 5 %.Right?
Town Councils lost $$...
So,SG gavaman issue Spore Government Securities to CPF.The
latter
then can pay u lah....
The net assets in Temasek and GIC,totally estimated at US$400
billions,
are different from CPF money...
@@@@@@@@@@@@
But i dunt know where do SG park the CPF money.
@@@@@@@@@@@@@@@@
before u sleep every night,pl tell me the reasons why SG
GDP per capita can catch up UK.The latter GDP per capita
is 4 times
of SG in 1960,around the time PAP started ruling SG!!

http://www.imf.org/external/pubs/ft/scr/2008/cr08280.pdf