How many years will it takes for Singapore to go bust if the annual GDP is Zero?

[rusty]

Assuming we have 300b in our reserve including those held by GIC & Temasek.

 

[Rogue Trader]

If country GDP is perpetually zero every year, it can last forever. No bonuses for ministers though.

 

[rusty]

So why the fck the MIWs are always squeezing the people for more?

Public transportation should be provided by the country at the least profitable level.

Why the fck is Temasek hiding behind as a private entity to own SMRT?

 

[laksaboy]

Public transportation should be provided by the country at the least profitable level.

Ah, but it is 'privatised' you see, so as to benefit the shareholders.

Also, if it were really state-owned, rampant fare hikes would exact a heavy political cost on the ruling party.

However, people may tolerate fare hikes better for a 'privatised' company. Shareholders would also be happy with a profit-maximising philosophy, because, really, who gives a damn about the poor folks when you can collect fat dividends on those few lots of shares?

 

[Leepotism]

Assuming we have 300b in our reserve including those held by GIC & Temasek.

The till could be empty. Who knows?

 

[palden]

It is all about left pocket and right pocket.

 

[johnny333]

So why the fck the MIWs are always squeezing the people for more?...

It's because of greed. LKY, ex-wife, sons, daughter-in law, cronies,... have amassed millions to billions.

The 60% have allowed the PAP to get away with it. They have created the monster known as the PAP

 

[bryanlim1972]

It's because of greed. LKY, ex-wife, sons, daughter-in law, cronies,... have amassed millions to billions.

The 60% have allowed the PAP to get away with it. They have created the monster known as the PAP

don't forgot his brothers' massive fortunes - the no.1 reason why estate duty was abolished. to cover up the millions amassed by the bros.

 

[GoldenDragon]

Where is our economist GMS? Only his views are correct.