If you included gain/lose in currency value, sinkies are much luckier to have their money in CPF than in EPF. Go ask any Malaysian who had worked in Singapore and has $100k in his CPF. If he had put his salary in the EPF in ringgit, his savings would most likely have devalued. It's a big deal for many Malaysians, especially those who have to finance their kids to study abroad.
bullshit,thats another urban legend that PAP doggies love to propagate.let us use our brains and look beneath the surface of the issue,let me me ask u this in the last 15 years how much has the cost of living risen in Singapore compared to malaysia?so what if malaysia's currency devalues a few percent a year?Singapore has managed to climb all the way up to number one spot in the world,not only the cost of our daily necessities,the cost of housing and transport has reached astronomical heights.i can easily rent a condo in Malaysia for 1400 ringgit a month,for that sum of money i can barely get a room in a HDB flat in the suburbs of Toa Payoh.for 25 ringgit(8 sgd)i can easily buy a whole bucket of KFC or marrybrown in Malaysia to feed my entire family,they even sell chicken in barrels (21 pieces) enough to feed an entire malay kampong family.where can u dream of obtaining 21 pieces of chicken in singapore without having to break the bank to feed ur family?
at the rate the cost of living in singapore,ho jinx have to give us 8 percent interest to even justify putting a cent in it.
let me give u an example.today i travelled across the country to play in a poker game,when i reached my destination via MRT i was a little early so i decide to visit one of the many splendid malls of Singapore which PAP has been building like crazy,just like every fucking mall in singapore it was fucking packed and crowded with people gorging themselves on the ridiculous eateries from japanese sushi to german schinitzels to canadian fries to gelato palours and whatnot and shops selling expensive crap.i decided to go to the basement and get a cheap meal at the food court,the not so satisfying poorly cooked food court food and drink set me back nearly 8 bucks,plus public transport another 3 or 4 bucks.and i did not buy a single crap from the mall.just the act of being outside in singapore set me back a total of 11 to 12 bucks wtf!!!!!!!thats 12 bucks of profit gone from my poker game lost forever to PAP's MRT and CapitalMall Trust!!!!!what could 12 sgd buy me in Malaysia?all i got was a shitty meal and a goddam train ride packed to the brim with pinoys tiongs bangras and chao ang mohs!!!!