What if CPF Board files for bankruptcy?

[greenies]

Hee hee...
The greatest and betterest "what if" could be: -

What if there is no woman in the world?

 

[Crane]

Hee hee...
The greatest and betterest "what if" could be: -

What if there is no woman in the world?

What if Ho Ching is the only woman left in the world ..... yucks

 

[Poomer]

Please go back to school and learn some basic economics about fiat currency, before embarrassing yourself publicly.

How can a country go bankrupt if the debt is issued in the same country's fiat currency?

To equate a company with a country on fiat currency is clearly a lack of knowledge.

Actually Greenies is not wrong if we are talking about the CPF stat board, not Singapore govt as a whole. It's indeed worrying after what we saw in Detroit. Well, at least, CPF is a retirement plan for citizens paid for by citizens while Detroit has a retirement plan for public officials paid for by city funds.

 

[I_Hate_Pappies]

This kind of question could give moniker Equalisation an heart attack......

 

[laksaboy]

People still care about getting their CPF 'fake money'?

Can you still get back the tax money you've paid to IRAS?

Stop caring about the CPF... you'll be a happier person.

CPF has no consequence on your personal wealth.

 

[jw5]

With great reluctance, I'll have to sell my toothpick collection. :(

 

[halsey02]

With great reluctance, I'll have to sell my toothpick collection. :(

I confess that I have taken the whole jar of toothpicks from Resort World Sentosa, they are still in my drawers in my office, i like their look, well designed & good to us...what IF I have taken the jar also?

 

[jw5]

I confess that I have taken the whole jar of toothpicks from Resort World Sentosa, they are still in my drawers in my office, i like their look, well designed & good to us...what IF I have taken the jar also?

The toothpicks are still in your drawers? Ouch!!!!

 

[Dreamer1]

61% will fight to their death o prove that this will not happen,although it many happen with the wrong persons on the wrong jobs

 

[halsey02]

The toothpicks are still in your drawers? Ouch!!!!

But..shhh!...the jar is at home...shhh!!

 

[Magix]

Thanks, bro.
... ... ...
WHAT IF
WHAT IF
WHAT IF
WHAT IF
WHAT IF:*:

Chaos, protests, civil war.

 

[escher]

I beg your pardon!
It is about our CPF.
There is no phrase saying the country goes bankrupt though it really happened in Greece.

In fact, if it happened, Gov. is not obviously affected.
They just print more paper money. or get loan at very high premium (rating "Junk").
Our life would be very miserable.

What fucking CPF?

You think CPF your money is it?

You an anarchist or terrorist or commie or what agitator are you?

 

[Reddog]

http://www.tremeritus.com/2013/07/25/what-if-cpf-board-files-for-bankruptcy/

Very scary event if it really turns out to be.
Gov. Sould have at least table-top exercise to anticipate the cruel event, and come out with emergency response plan.

This is unlikely but certainly not impossible. Moreover, there is Murphy's Law: "Anything that can happen will happen, it is only a matter of when not if."

 

[Hans168]

Many will commit suicide
Some will murder LEEfamily n their cronies