FACT - this is why the PAP government is the BEST

[yahoo55]

Re: The Best there is, the Best there was and the Best there ever will be!

As for the Debt to GDP ratio - Well done! Your PAP master has it at 105.5%.

http://www.tradingeconomics.com/singapore/government-debt-to-gdp

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Singapore Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Singapore Government Debt to GDP - was last refreshed on Sunday, March 8, 2015

The 105.5% is the Govt debt, there is still private debt. Singapore's total Debt to GDP is 382%, third highest in the world. Not only the Govt, but many Sinkies and businesses are heavily in debt. Malaysia's total debt is a much smaller 222% of GDP.

Well done PAP! You have led the country and people into a massive mountain of debt.

http://www.zerohedge.com/news/2015-...orld-today-9-countries-have-debt-gdp-over-300
02/23/2015

 

[Leongsam]

Re: The Best there is, the Best there was and the Best there ever will be!

The 105.5% is the Govt debt, there is still private debt. Singapore's total Debt to GDP is 382%, third highest in the world. Not only the Govt, but many Sinkies and businesses are heavily in debt. Malaysia's total debt is a much smaller 222% of GDP.

Well done PAP! You have led the country and people into a massive mountain of debt.

http://www.zerohedge.com/news/2015-...orld-today-9-countries-have-debt-gdp-over-300
02/23/2015

The vast majority of debt is secured so it is not an issue at all. Don't worry yourself about it.