What will happen when all these budget stimulus and covid relief packages run out ?

[TracyTan888]

More loan defaults? More credit card debts and unsecured personal loans? More bankruptcies?

This pandemic is going to stretch beyond the end of 2021.

The PAP government cannot be digging into the reserves again to grant more covid relief packages.

 

[laksaboy]

No need to worry, the PAP govt has mastered the art of milking Sinkies of every single penny. Like squeezing blood out of a rock.

 

[Thick Face Black Heart]

Welcome back Tracy!

Every govt is banking on vaccine, ours included. They are all taking a calculated risk. What is certain is that next year, the wealthy elite will continue finding ways to profit from the situation whilst the rest of humanity suffers.

 

[knnccb]

More loan defaults? More credit card debts and unsecured personal loans? More bankruptcies?

This pandemic is going to stretch beyond the end of 2021.

The PAP government cannot be digging into the reserves again to grant more covid relief packages.

dont worry, it will never run out, money more than enuf, can just keep printing like amerika, trillions in debts but the printing press churning out trillions daily, msia is another good eg, dr m&d kpkb ah jib bankrupted the ctry and must default on proiects with china and hsr rail but when covid came suddenly can announce 500B relief plan, money suddenly fall from the sky ah, lol