- Joined
- Jun 14, 2011
- Messages
- 2,215
- Points
- 83
Only know how to dip into reserves and hope the problem goes away...very soon the country will bankrupt
Wah lau if USA is worried about food supply ......Singapore ?
Only know how to dip into reserves and hope the problem goes away...very soon the country will bankrupt
sIt is thanks to the PAP that the country has reserves to dip into. This shows just how well the PAP is managing the country.
In most other countries money will have to be generated out of thin air either in the form of a loan or through manufacturing more money either via a printing press or computer.
The way the PAP is handling this pandemic is really admirable.
Reserves are not borrowed money.so no need to raise taxes on money that's is already there wasting its time in fixed deposit.It's obvious that you don't even understand what you wrote.
This money has to be paid back through higher taxes, gst and other gov revenue in the future by your children and grandchildren...
All governments collect taxes but Singapore has one of the lowest tax rates in the world. You guys really are very lucky.s
obvious that you don't even understand what you wrote.
This money has to be paid back through higher taxes, gst and other gov revenue in the future by your children and grandchildren...
Only know how to dip into reserves and hope the problem goes away...very soon the country will bankrupt
It is thanks to the PAP that the country has reserves to dip into. This shows just how well the PAP is managing the country.
In most other countries money will have to be generated out of thin air either in the form of a loan or through manufacturing more money either via a printing press or computer.
The way the PAP is handling this pandemic is really admirable.
When the only solution is to dip into reserves, why do you need millionaire gov, anybody can do....just spend money
spending is so much easier than making