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Temasek is bankrupt?

TeeKee

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Temasek says money no enough

From: Guestman551 Nov-19 11:20 pm
To: ALL (9 of 10)


If Temasek has $172 billions, why she needs to borrow $693 million. If I have $1000 in my pocket, I wouldn't go around asking people to lend me $6. So the conclusion is obvious. Temasek is in deep shit.
 

singveld

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Asset
172 billions are invested, cannot liquidated quick enough, or long term investment which cannot be redraw.

it will never be bankrupt.

singapore gov will save it.

country economic is not home economic, just keep studying the bible, you got everything you need to know there.

Temasek says money no enough

From: Guestman551 Nov-19 11:20 pm
To: ALL (9 of 10)


If Temasek has $172 billions, why she needs to borrow $693 million. If I have $1000 in my pocket, I wouldn't go around asking people to lend me $6. So the conclusion is obvious. Temasek is in deep shit.
 

bhoven

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I am more puzzled why Temasek is prepared to pay a higher coupon for its long term bonds ( albeit in US$ ) to mostly foreign investors when CPF investing in specially issued Sing Govt bonds gets a much lower yield. In the final analysis, isn't the risk similar? What is the rationale for the transfer pricing especially when SA, Medishiled funds ( which are more sticky ) are involved. Surely, the spread cannot be justified by admin costs at CPF level?
 

hairylee

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I am more puzzled why Temasek is prepared to pay a higher coupon for its long term bonds ( albeit in US$ ) to mostly foreign investors when CPF investing in specially issued Sing Govt bonds gets a much lower yield. In the final analysis, isn't the risk similar? What is the rationale for the transfer pricing especially when SA, Medishiled funds ( which are more sticky ) are involved. Surely, the spread cannot be justified by admin costs at CPF level?

They are dumb that's why they are working in Temasek, otherwise they could venture on their own and we would have a few more Warren Buffet. To work in GLC or Temasek one needs to be politically savvy not business savvy.
 

TeeKee

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they could put this in their resume...sure get hired by companies who want to send them as suicide squads to their competitors company...

1. played a critical role in losing $260 billions in 6 months.
 

Watchman

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Drop interest rates to cause deflation. Lose money to strengthen currency .

1) Raise bonds to pay-out ; first in first out . Provision for staff and unexpected events .

2) Roll future projects, next year could be better .
 

johnny333

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Knew that they were morally bankrupt but if they are financially bankrupt what will Spores do if they can't take out their CPF :confused:
 

johnny333

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Asset
How many of us can live long enough to withdraw our CPF money??

Maybe I should re-phrased it as "ex-Sporeans". As long as you're a citizen of Spore they will of course keep on moving the goal post as to when you can take it out.

There is always the chance of fluke election result :rolleyes:
 
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