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Everywhere you could read govt. are pumping money into the economy to avert the fallouts from financial disasters. US did it, Japan Did it, Europe did it...but not SGP?
I rather our govt not do that. Where do you think the govt money comes from? From taxpayers. Japan did it but what happened? Japan's economy hasn't recover since it's recession in the 90s. USA did it recently, and with paper money printed from thin air. I'll bet my last US dollar that you won't see US economy recovering any time for the next 4 years! You want Singapore economy to be like that?
Ha, ha pesants will never see their money again. Who you think is paying for those millionaire salaries, billion dollar defence budget, numerous upgrades & renovations, bumbled forays by Temasek,....?
When Sporeans realise they are in a hole it'll be too late lah.
They should all make a big donation to the poor people, so that they can spend the money on necessities immediately.
This will give the economy a boost.