- Joined
- Aug 14, 2008
- Messages
- 2,092
- Points
- 83
This is call long term investment. So simple you dunno. Precisely because Singapore economy done so well under leedership of Loong that why sing dollar strengthen. Forex losses is simply a “happy” problem.
$4bil $10bil all small change for Singaporeans
Don’t blame Temasek for these losses you guys approved it. So suck it up and don’t complain.
No CPF withdrawal until 100 years old. Lol
No wonder chenghu increase prices like no business... Ji Pai Siao Liao!
No CPF withdrawal until 100 years old. Lol
No wonder chenghu increase prices like no business... Ji Pai Siao Liao!
Notice the DOW was only 8346 when they cut loss.
In 2007 CCB Whore Jinx spent S$900m to buy Aust ABC Learning and within 2 years it went to zero.
The losses in Barclays and many Chinese banks must be in the tens of billions.
How could anyone be so dumb as to lose so many hundred of billions for so many years?
For someone to keep on losing during the last 14 years, she must be getting kickbacks on all these deals clinched.