Fitvip Supersonic June 19, 2020 Share June 19, 2020 Reserves insufficient? Surprised! http://theindependent.sg/questions-about-who-is-loaning-singapore-s22-billion-arise-as-dpm-heng-discloses-finance-data/ ↡ Advertisement Link to post Share on other sites More sharing options...
Macrosszero Turbocharged June 19, 2020 Share June 19, 2020 7 minutes ago, Fitvip said: Reserves insufficient? Surprised! http://theindependent.sg/questions-about-who-is-loaning-singapore-s22-billion-arise-as-dpm-heng-discloses-finance-data/ From a personal standpoint. If I can take an interest-free loan and keep cash in my pocket I’d take the loan so that I have more flexibility going forward. I wouldn’t be so quick to assume reserves aren’t sufficient. 2 1 Link to post Share on other sites More sharing options...
Ct3833 Supersonic June 19, 2020 Share June 19, 2020 9 minutes ago, Fitvip said: Reserves insufficient? Surprised! http://theindependent.sg/questions-about-who-is-loaning-singapore-s22-billion-arise-as-dpm-heng-discloses-finance-data/ Black box. Link to post Share on other sites More sharing options...
Watwheels Supersonic June 19, 2020 Share June 19, 2020 Maybe come from our CPF. Return our CPF!!! CPF! CPF! CPF! 🤣 1 2 Link to post Share on other sites More sharing options...
Angcheek Hypersonic June 19, 2020 Share June 19, 2020 Whats the diff between past and current Reserves? 3 Link to post Share on other sites More sharing options...
Vinceng Turbocharged June 19, 2020 Share June 19, 2020 They don't even know how much is in the reserves to begin with 🤣 https://www.theonlinecitizen.com/2014/02/08/ong-teng-cheong-i-had-a-job-to-do/ Link to post Share on other sites More sharing options...
Weez911 Supersonic June 19, 2020 Share June 19, 2020 I always thought we have a lot of reserves due to our frugal govt? 1 2 Link to post Share on other sites More sharing options...
Kangadrool Supersonic June 19, 2020 Share June 19, 2020 (edited) 1 hour ago, Vinceng said: They don't even know how much is in the reserves to begin with 🤣 https://www.theonlinecitizen.com/2014/02/08/ong-teng-cheong-i-had-a-job-to-do/ 50 man-years to count. Actually, <5 years is enough to count manually, just exclude the trees, grass, lamp posts, etc and qualify it. Edited June 19, 2020 by Kangadrool 2 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic June 19, 2020 Share June 19, 2020 4 hours ago, Angcheek said: Whats the diff between past and current Reserves? Past reserves made from Past 4-5 yrs and current reserve should be this year reserve 2 Link to post Share on other sites More sharing options...
Chongster 6th Gear June 20, 2020 Share June 20, 2020 (edited) loan as in Sing Govies? SG bond or Tbill that they auction from time to time? quite innocuous lah. nothing to see here. Edited June 20, 2020 by Chongster Link to post Share on other sites More sharing options...
Freeder Hypersonic June 20, 2020 Share June 20, 2020 9 hours ago, Vinceng said: They don't even know how much is in the reserves to begin with 🤣 https://www.theonlinecitizen.com/2014/02/08/ong-teng-cheong-i-had-a-job-to-do/ Dun know how much our reserves ? But our Bestsident after thinking long and hard also can approve. Susah sia... 1 4 Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged June 20, 2020 Share June 20, 2020 29 minutes ago, Freeder said: Dun know how much our reserves ? But our Bestsident after thinking long and hard also can approve. Susah sia... Aiyoh.. got think meh? If i got capable ministars to think hard for me I be more concern what kuey to make loh! 😂 3 Link to post Share on other sites More sharing options...
Soya Supersonic June 20, 2020 Share June 20, 2020 14 hours ago, Watwheels said: Maybe come from our CPF. Return our CPF!!! CPF! CPF! CPF! 🤣 I tink gahmen borrow from our rich MCF sifu here 3 Link to post Share on other sites More sharing options...
RadX Moderator June 20, 2020 Share June 20, 2020 56 minutes ago, Soya said: I tink gahmen borrow from our rich MCF sifu here That anti-hero fella? pls.... IMF borrow from him 4 Link to post Share on other sites More sharing options...
Soya Supersonic June 20, 2020 Share June 20, 2020 21 minutes ago, RadX said: That anti-hero fella? pls.... IMF borrow from him Solli solli.....I shall go repent 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic June 20, 2020 Share June 20, 2020 11 hours ago, Thaiyotakamli said: Past reserves made from Past 4-5 yrs and current reserve should be this year reserve This yeat where got reserves 😄 🍻🍻🍻 1 2 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic June 20, 2020 Share June 20, 2020 1 hour ago, Angcheek said: This yeat where got reserves 😄 🍻🍻🍻 Reserves come mainly from taxes, u nvr pay tax for this year?🤪😂 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 20, 2020 Share June 20, 2020 On the contrary, its your many other MCfers who go buy the SG bond etc etc......you can read about how they go about buying this debt instruments. I dont lend to govvies, i think they are overrated. 😎 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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