Public Debt - Singapore – Compared with the other 3 “Tiger” Economies

[makapaaa]

http://nowhere.per.sg/local/PublicDebtsComparison.htm

 

[Cestbon]

Major is from CPF account gov borrow from CPF account.

 

[GOD IS MY DOG]

Major is from CPF account gov borrow from CPF account.

otherwise, we'll be in international news liao lor.............we'll be like Greece right now.........


eventually PAP will borrow from outsiders after CPF all gone.............then they'll grab CPF monthly contributions to pay interests to foreign banks..........


when the ship starts to sink..........Lee Family will abandon ship...........S'poreans will have to search dumpsters for food........

 

[wMulew]

Morons keep bringing this up. Fact SG government records money they owe U(CPF) on the official books, thats why the debt levels is high. Other governments don't if they did UK for example will have 4 times it's current debt levels

 

[halsey02]

CPF is not our money, you take money to buy a home, you owe yourselves MONEY! in interests!. Where in this world you use your own money to buy something you owe yourselves Interests, that goes for any other thing you take your money out!!

You don't pay yourself money to your CPF (medisave) you go to jail....you go to jail for owing yourself money...you have a hard time telling your overseas friend, why you are in jail or the Martian that just lanede from Mars!