Shin corp is the only recent one.. I recall LHY is stepping down
from singtel. Something is wrong as well. There are also lots of
investments that had gone wrong - GIC, Temasek and etc.
Plus the current bunch of BB-boomers are retiring and will be
withdrawing their CPF. I am sure with all that bad investments and
such, CPF is not liquid enough to handle the number of withdrawals
so the 2% GST and all those increases.
Next, the retirement age might once again be adjusted upwards.
Maybe mee-siam mai hum folks think that everyone can 'work beyond'
80 like our examplary MM and adjust the retirement age to 90.
Elites will tell us how tough it is to play golf and survive in the
heat and how the non-survivers should all lie down on MRT tracks to
reduce the number of problems we give to our elites and
mee-siam-mai-hum-hip-hop folks.
