Oppie must be a ah siao if they expect oppie to win
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PURPLE STORM for General Elections 2024
- Thread starter realDonaldTrump
- Start date
Thanks to Taylor Swift concert, can expect another 200k sinkies to vote for PAP, especially for Swiftie Edwin! Majulah PAP!
We can throw out all Oppie Liars and move toward First World Parliment ler
Oppie, pls switch colour sooner...mai tu ler
Good Hands is always there for u
On a per-person basis, the citizens of the small yet mighty Asian nation of Singapore shoulder the heaviest sovereign debt globally. Every individual in this bustling city-state is apportioned a whopping US$117,400 share of their national debt.
In U.S., each citizen carries an imposing US$93,000 debt burden. Japan ranks third with US$88,400 debt per citizen. Canada, in fourth place, reports a figure of US$58,900, and Belgium, in fifth, shows US$52,600.
This startling revelation comes following a comprehensive examination of United Nations’ data,
https://www.cryptopolitan.com/debt-rankings-show-u-s-and-singapore-on-top/
In U.S., each citizen carries an imposing US$93,000 debt burden. Japan ranks third with US$88,400 debt per citizen. Canada, in fourth place, reports a figure of US$58,900, and Belgium, in fifth, shows US$52,600.
This startling revelation comes following a comprehensive examination of United Nations’ data,
https://www.cryptopolitan.com/debt-rankings-show-u-s-and-singapore-on-top/
On a per-person basis, the citizens of the small yet mighty Asian nation of Singapore shoulder the heaviest sovereign debt globally. Every individual in this bustling city-state is apportioned a whopping US$117,400 share of their national debt.
In U.S., each citizen carries an imposing US$93,000 debt burden. Japan ranks third with US$88,400 debt per citizen. Canada, in fourth place, reports a figure of US$58,900, and Belgium, in fifth, shows US$52,600.
This startling revelation comes following a comprehensive examination of United Nations’ data,
https://www.cryptopolitan.com/debt-rankings-show-u-s-and-singapore-on-top/
In U.S., each citizen carries an imposing US$93,000 debt burden. Japan ranks third with US$88,400 debt per citizen. Canada, in fourth place, reports a figure of US$58,900, and Belgium, in fifth, shows US$52,600.
This startling revelation comes following a comprehensive examination of United Nations’ data,
https://www.cryptopolitan.com/debt-rankings-show-u-s-and-singapore-on-top/
Debt-to-GDP Ratio
Look at our changes within 4 years
Look at our changes within 4 years
Min of Finance said our national debt is US$1.7 trillion
https://www.mof.gov.sg/news-publica...re-have-an-external-debt-of-US1-766-trillion-
Most of these debts were issued long ago, so most of them cost less than 3%pa.
Assuming (a low gauge) that we pay on average 3%pa a year when all these debts renew at new interest rates in the years ahead, we have to pay about US$50billion of annual interests.
Divide by population of 5million, it is about US$10000 per Singaporean (including every child) in interests-payable every year.
US$10000 per year, is about S$1000 per month per Singaporean.
To raise these $$$ for our interest burden, we will have to sell more state lands, eg keppel road PSA area, increase GST, up property taxes, etc
https://www.mof.gov.sg/news-publica...re-have-an-external-debt-of-US1-766-trillion-
Most of these debts were issued long ago, so most of them cost less than 3%pa.
Assuming (a low gauge) that we pay on average 3%pa a year when all these debts renew at new interest rates in the years ahead, we have to pay about US$50billion of annual interests.
Divide by population of 5million, it is about US$10000 per Singaporean (including every child) in interests-payable every year.
US$10000 per year, is about S$1000 per month per Singaporean.
To raise these $$$ for our interest burden, we will have to sell more state lands, eg keppel road PSA area, increase GST, up property taxes, etc
Dont quite agree with the policies but you have to give credit when it's due...strong sgd and passport means you can move, work and/or retire in another country quite seamlessly...hdb irregardless of who was min mnd or pm can always be rented out for returns and sold for a higher price...all in for those who do not know the value of time will forever procrastinate irregardless of who forms the government or where they are...I think the purple storm is moving more towards aware..cos the women dur to their entitlement have mentally castrated most men who are in marriages...so if the man becomes a coward and forgets about integrity, the whole she bang will just boomerang back and affect the country...nuff said
Where and how much is our reserve? Is Our reserve is so much lesser than the debt? Are we basically a bankrupt country?
That was what was drilled into me by my grandpa when I was in primary school. Never vote for the Pappies. They can only become worse. And don't think that things will improve after LKY is gone. Subsequent leaders will show themselves to be more and more useless and incompetent. My grandpa was downright pissed off with them as the govt had stolen his land and paid him pittance.
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