Serious Time for pap to re-inflate the credit bubble.

[Runifyouhaveto]

If u see sinkapore official reserves has not even change much over the last 15 years. Under gct also 300 billion sgd. After fed printed so much still same amount.

I am taking clue from this decision:
http://www.businesstimes.com.sg/real-estate/lippo-to-shift-reits-from-singapore-to-indonesia-ceo
It only scratches the surface but if Jokowi offers full amnesty for offshore indonesian funds, the money repatriated back from sg might be worth a GIC.

 

[Runifyouhaveto]

i thought too big to fail doesnt really mean its too big to fail.....it can and will still fail,it just mean whether theres a bigger idiot able to bail it out.

if our local banks fail,i dunno if our sg government is strong enough to bail them out.our three banks total combined assets is 1 trillion,just 10 percent loss will be disastrous.

Yes, TBTF is a concept that asserts some banks are so huge that their failures bring down the country's financial system.
We need a financial crisis to force them to combine into one reasonably-sized Asian bank.
I was just trying to illustrate that our 3 local banks are just kachang putehs in the banking industry eg. a single australian bank is larger than 3 of them combined.

 

[hbk75]

I am taking clue from this decision:
http://www.businesstimes.com.sg/real-estate/lippo-to-shift-reits-from-singapore-to-indonesia-ceo
It only scratches the surface but if Jokowi offers full amnesty for offshore indonesian funds, the money repatriated back from sg might be worth a GIC.

when fed hike rates finally, dunno how much will be the capital outflow?

 

[Runifyouhaveto]

when fed hike rates finally, dunno how much will be the capital outflow?

in my humble opinions, the rate hikes in 2016 is minimal and there are speculations that if Trump wins the Presidency, US will see fund flights.

 

[Runifyouhaveto]

Singapore bank lending shrinks for 7th straight month in April
http://www.straitstimes.com/busines...nding-shrinks-for-7th-straight-month-in-april

April's 0.76 per cent year on year fall in overall lending though was less than the 1.74 per cent contraction in March, which was the worst in more than a decade.