Is this a good time to use a portion of national reserves?

Mid9Sun SG

You know, the govt keep saying that the national reserves cannot be use until rainy days.

Given the current dreadful economic conditions and with all the price hikes and the raising inflation, isnt it a reasonable time to consider??

I am sure the MIW will strongly disagree, and I would like to know then what their of "rainy days" mean, is it world war 3 or alien invasion??

jojobeach SG

You know, the govt keep saying that the national reserves cannot be use until rainy days.

Given the current dreadful economic conditions and with all the price hikes and the raising inflation, isnt it a reasonable time to consider??

I am sure the MIW will strongly disagree, and I would like to know then what their of "rainy days" mean, is it world war 3 or alien invasion??

Nah.. now is a good time to use the crisis as a good excuse to increase national reserves.

Mid9Sun SG

Nah.. now is a good time to use the crisis as a good excuse to increase national reserves.

nah..I am not advocating that now must use...but rather get a more informed knowledge then just a term call "rainy days"

jojobeach SG

nah..I am not advocating that now must use...but rather get a more informed knowledge then just a term call "rainy days"

Uh.. how about .. "the end of the world".. or " Armageddon"...

Mid9Sun SG

Uh.. how about .. "the end of the world".. or " Armageddon"...

Ok, to humor you. You think by the time your "the end of the world" or "Armageddon" comes, you think reserves will have any use??

Not to be rude, but do try post intelligently. Thanks.

eagle SG

Crisis, like what America is doing, bailing out the rich bankers lor

dukedracula SG

as i recalled reading from the papers, the govt recently transferred $10bil to temasek, coincidentally during the time when merill tanked…

FireIce SG

u think this is bad ah?
to them, this is nothing near bad yet leh.....
can't even smell it

noahnoah SG

end of the world dun need any more money

already...

just prepare to die

jojobeach SG

Ok, to humor you. You think by the time your "the end of the world" or "Armageddon" comes, you think reserves will have any use??

Not to be rude, but do try post intelligently. Thanks.

pwees lor.. what you think reserves is for leh ?

Last time during the housing bubble crisis.. they also never touched simi reserves..

So many people kena burnt.. so many equity go poof.. you think they care meh ?

You die is your problem.. bail out will not happen in SG lah.

AndrewPKYap SG

You know, the govt keep saying that the national reserves cannot be use until rainy days.

Given the current dreadful economic conditions and with all the price hikes and the raising inflation, isnt it a reasonable time to consider??

I am sure the MIW will strongly disagree, and I would like to know then what their of "rainy days" mean, is it world war 3 or alien invasion??

When they need money to charter an airplane to bring their relatives from overseas back to Singapore due to illness...

hahaha... joking of course but I will not put it beyond them... considering how much public money they grab... much more that what TT Durai ever dreamed of.