Serious $48billion dip reserves but no economic objectives..EXIT strategy???

The sad fact is they dip into the reserves but yet sinkees receive so little help.

Americans get $1200. Canadians lagi better, get $2000 for four months.
Malaysian household earning below RM2000 gets RM1500 for 3 or 4 months I think.
 
When it down turn we will all be sad. :frown:
When it up turn we will all be glad! :thumbsup:
 
Hahaha...PAP going to dip Reserves another time...2 times in 2 weeks....gone case.....
 
Stupid Pritam should have ask what is the Economic objectives of the money printting..inflation target, unemployment rate ?.What is the Exit strategy ? How to balance the budget.? Instead of asking stupid questions on the amt of reserves, its not a number,its an intangible value, its infinite , dumb ass bayi.
 
PAP are getting very desperate because they were unable to call early elections and may well lose when the body count piles up because Singapore is a tinderbox for high mortality, the high chronic diseases burden being the main culprit. (Having chronic disease and the elderly are those at highest risk of mortality and severe morbidity).

Already, before COVID-19, hospitals were being overwhelmed and filled up as soon as they were being built.

Hospital beds (especially ICU beds) reserve being understandably extremely tight- therefore PAP is desperately trying to 'flatten the curve', opening up $$$ reserves like never before.

PAP is thus desperate for early elections to prevent at all cost, being called to task (held accountable) for their early (and persistent) neglect for preventative health.




Singapore 'has 2nd-highest proportion of diabetics'
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https://www.straitstimes.com/singapore/health/singapore-has-2nd-highest-proportion-of-diabetics
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“If you look around, our investments in health promotion and diseases prevention, I think... it is actually significantly lower than the amount of money we spend on treating diseases,” he (Minister Gan Kim Yong) said.
: Due to a lack of "holistic approach towards health promotion, taking into account how can we empower consumers so that they make the right choice" Empower consumers with holistic approach to healthcare: Gan Kim Yong To address the challenges of non-communicable diseases, Singapore needs to move upstream and find ways to keep the population healthy, said Health Minister Gan Kim Yong at the Ministerial Meeting on Universal Health Coverage ; TODAY (11 Feb 2015).http://www.todayonline.com/singapore/empower-consumers-holistic-approach-healthcare-gan-kim-yong
 
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