Re: Singapore dramatically exposed with a stunning 60%-plus of GDP tied up in Euroban
http://blogs.wsj.com/searealtime/2012/03/16/lee-kuan-yew-euro-debt-might-be-a-good-buy-after-all/
“Now is a good time to invest in distressed and undervalued European assets, euro debts and euro bonds,” he wrote in the column, which also appears in the March 26 edition of Forbes Asia.
Mr. Lee, aged 88, last year stepped down as chairman of the Government of Singapore Investment Corp.–a state investment firm which by some external estimates manages a portfolio worth about US$300 billion–but he still serves as an adviser to the board.
This is what happens when people ignore the Omens.
So Omens have been long given to the sinkies.
Sinkie dun pay attention, ignore...
so enjoy.
now left with 2016.
still no action, enjoy even more.
though by then the EU bomb would have been triggered and things would be very very "interesting" in Sinkieland.
http://bloom.bg/JNUjzx
"Of the 122,600 jobs created in Singapore last year, about 70 percent, or 84,800 positions, went to foreigners."