Was Singapore a target of US/IMF economic hitmen?

[Taro Ries]

Spine-chilling confessions of an economic hitman
http://www.youtube.com/watch?v=aqIHKWd9rSc

Why is Singapore the world's 13th largest public debt to GDP and world's 16th largest external debtor country?
Here's how PAP explains Singapore's high debt!
http://www.gov.sg/government/web/co...ainableforSingaporetohavesuchahighlevelofdebt
While Singapore's debt figure is openly reported and auditable, its reserves are not.
What concessions were made to IMF and US?
What are the impact on land prices, local SME and national sovereignty as a result of Free Trade Agreements?
Why are US and UK citizens exempt from additional stamp duties imposed on foriegners buying Singapore properties?
Did Singapore help in the bail out Citibank?
Are there nuclear weapons in Singapore waters?

 

[winnipegjets]

The two types of domestic debt securities issued are for reasons unrelated to the Government’s fiscal needs:



(1) Singapore Government Securities (SGS) are issued to develop the domestic debt market. SGS are marketable debt instruments issued for purposes of developing Singapore's debt markets. They provide a risk-free benchmark against which other risky market instruments are priced off.

(2) Special Singapore Government Securities (SSGS) are non-tradable bonds issued specifically to meet the investment needs of the Central Provident Fund (CPF). Singaporeans’ CPF monies are invested in these special securities which are fully guaranteed by the Government. The securities earn for the CPF Board a coupon rate that is pegged to CPF interest rates that members receive.

Under the Constitution and the Government Securities Act, the Singapore Government cannot spend the monies raised from these two existing domestic debt securities. All borrowing proceeds from the issuance of SGS and SSGS are invested. These investment returns are more than sufficient to cover the debt servicing costs.

The government has NOT shown the returns ...so how do we know if it claims are true!