Top 3 reasons Singaporeans go bankrupt

[dancingshoes]

Overspending

Failed business ventures

Unemployment

http://business.asiaone.com/persona...avings/top-3-reasons-singaporeans-go-bankrupt

 

[halsey02]

You need only one reason, a 'cancer' called pap, once obtained...the rest follow, unemployment, overspending on an expensive government, failed business ventured called CPF, paying for myriad indirect taxes & never ending ones...how not to go bankrupt?? they had a recent chance but they blew it...they should enjoy being bankrupt..after all, they are well looked after & those serving them are 'servants'....ha ha ha ha

 

[Hans168]

Overspending

Failed business ventures

Unemployment

http://business.asiaone.com/persona...avings/top-3-reasons-singaporeans-go-bankrupt

Bankrupts like Tan Bee Kee & Veronica Yeo Mui Joo... sandbagging to enjoy life during bankruptcy
Both earn salaries & incomes but pay nothing to judgement creditors; lives in airconditioned apartment & drive around in limo..............WTF is OA doing??

 

[Narong Wongwan]

Casinos, turf club and singapore pools also contributed to bankruptcy stats