Your $101.6 billion down the drain soon! Who did you Vote for?

[SadPlumpGirl]

A failure by the US government to raise the debt ceiling will also force the US to default on the interest for its Treasury bonds, which could then lose its status as the safest financial assets in the world. If this happens, the value of the US Treasuries - of which Singapore holds about $101.6 billion - will almost certainly drop.

 

[zhihau]

will almost certainly drop.

buy gold! kin! kin!

 

[SadPlumpGirl]

By the end of 2011, Singapore investors and companies had plonked $27.5 billion worth of foreign direct investment in the US, which will surely lose some of its value if the US economy starts teetering.

 

[Cestbon]

USA cannot afford to default. Always last minute increase debt limit.
Just acting because no solution lan lan increase USA debt limit.

 

[johnny333]

By the end of 2011, Singapore investors and companies had plonked $27.5 billion worth of foreign direct investment in the US, which will surely lose some of its value if the US economy starts teetering.

Spore investors or Ho Ching

 

[SadPlumpGirl]

Spore investors or Ho Ching

Your guess is as good as mine.

 

[eErotica69]

Pui, all he'll will break lose globally if US defaults on its Treasury.

 

[SadPlumpGirl]

Pui, all he'll will break lose globally if US defaults on its Treasury.

it may just happen....

 

[Brubeck]

I hope US defaults.

All these propping up the economy with easy money is not good for real growth and advancement of civilisation. A default will make things real interesting. At least I can get to pick up stocks on the cheap or buy distressed assets.

 

[halsey02]

Spore investors or Ho Ching

SINgapore investors is a code word to hide under.....ha ha ha...one day we will wake up & find out that, we do not have much retirement money the best scenario is we get only $1 to every $1,000 we donated to these people, whom we blindly trusted for decades!!

 

[johnny333]

SINgapore investors is a code word to hide under.....ha ha ha...one day we will wake up & find out that, we do not have much retirement money the best scenario is we get only $1 to every $1,000 we donated to these people, whom we blindly trusted for decades!!

We are increasingy seeing how inept & corrupt the PAP has become. You might not even get that $1:o

I remember having a conversation with an older colleague who happily told me that she had $100,000+ in her CPF account. She had plans when she retired. However this was before the inflationery policies that we see today. With today's the inflation in Spore even if she was allowed to take the $ out, the value will be much lower..

 

[halsey02]

We are increasingy seeing how inept & corrupt the PAP has become. You might not even get that $1:o

I remember having a conversation with an older colleague who happily told me that she had $100,000+ in her CPF account. She had plans when she retired. However this was before the inflationery policies that we see today. With today's the inflation in Spore even if she was allowed to take the $ out, the value will be much lower..

She would not see her $100,000, for she have to set aside minimum sum of more than $100,000 now...& she would not get to take some 'drips' only t 62 & bigger 'drips' at 65..or whomever is earlier...earlier to the grave, that is!!

 

[sense]

A failure by the US government to raise the debt ceiling will also force the US to default on the interest for its Treasury bonds, which could then lose its status as the safest financial assets in the world. If this happens, the value of the US Treasuries - of which Singapore holds about $101.6 billion - will almost certainly drop.

Avoid counting your chickens before they're hatched.

 

[whoami]

it may just happen....

Wont happen lah...

 

[escher]

She would not see her $100,000, for she have to set aside minimum sum of more than $100,000 now...& she would not get to take some 'drips' only t 62 & bigger 'drips' at 65..or whomever is earlier...earlier to the grave, that is!!

And in the meantime, smear of shit on sole of shoe LKY and all his PAP walking bags of excrement and fucking prancing kangaroos will go laughing all the way to their banks

Sinkies, enjoy your voting and voting for those PAP bastards who are fucking and screwing you of your money and your arseholes

 

[johnny333]

She would not see her $100,000, for she have to set aside minimum sum of more than $100,000 now...& she would not get to take some 'drips' only t 62 & bigger 'drips' at 65..or whomever is earlier...earlier to the grave, that is!!

So far 60% of the people have tolerated the PAP. Now that the PAP is threatening their rice bowls & savings we will likely see a lash back.

I may have to get an extra bottle, one to celebrate a death in the famiLee & another one to celebrate a change in gov't