Singapore, World Highest External Debt Per Capital : Each Singaporean Owes S$580,000
#91
9-10-2019 10:57 PM
Uncharted said:
The second portion is your digression. You haven't answered the question.

Nothing to discuss anymore since you cannot answer simple question.
It’s just one big farking world for one human kind.
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#92
9-10-2019 11:00 PM
Oneworld said:
Nothing to discuss anymore since you cannot answer simple question.

True. Nothing to discuss anymore since you can't answer a simple yes or no.
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#93
9-10-2019 8:49 PM
Uncharted said:
Your data is outdated, Singapore latest external debt is S$2,080,866.8 (million). Happy?

[Image: ArUHk3d.png]

See more -> https://www.singstat.gov.sg/find-data/se...atest-data
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Short-lived happiness for you!

Singapore latest external assets position is S$5,487,403.0 (million). Sans all liabilities we still have net positive international investment position of S$1,215,378 (million)!

[Image: zobJYDX.png]

See more -> https://www.singstat.gov.sg/find-data/se...atest-data

“In Singapore’s case, our outstanding debt comprises Singapore Government Securities, Special Singapore Government Securities and Singapore Saving Bonds, which we do not issue to spend. We instead invest all the borrowing proceeds. These borrowings are thus backed by assets. What we earn in investment income from our assets is more than sufficient to cover the debt servicing costs. The Singapore Government in fact has a strong balance sheet with assets well in excess of our liabilities.

This makes us a net creditor country, not a net debtor country.


Read more -> https://www.gov.sg/factually/content/is-...el-of-debt

We are owed money! Not we owed others! Disappointed? Well, you can bang your head against the wall !

difference between a country's external financial assets and liabilities is its net international investment position (NIIP)

https://en.wikipedia.org/wiki/Net_intern...t_position
asset minus liabilities Spore still have 600plus billion USD
As long asset value do not fall faster than liabilities in crisis.
No matter how you see it, Spore position relatively safe compare rest of the world.
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#94
9-10-2019 10:09 PM
Oneworld said:
Lol, first, cpf board take our cpf money and pass to Mof which then pass the money to gic, mas or temasek. So, technically, temasek do not take from cpf, but the source may still be cpf.


spot on but some snake here still trying to lie....typical IBs style Rolling on the flor laughing Rolling on the flor laughing
人正不怕影子歪
[+] 1 user Likes HdbTEH's post
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#95
10-10-2019 3:36 AM
HdbTEH said:
spot on but some snake here still trying to lie....typical IBs style Rolling on the flor laughing Rolling on the flor laughing
Its a major problem due to lack of segregation of duty, power base and responsibility.

Today, Singapore is in deep trouble..
[+] 1 user Likes sukhoi35's post
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#96
Like WeWork in the making ...
Valuation $47 billion before being exposed , luckily got people like us keep digging ...


Now evaluation less than $10 billion ...
Even more shocking is the CEO already max out his credit limit of $380 million and creditors are after him to sell his assets ...


Just look at Temasek, almost all investments making losses in the last 3 years ...


Still got blur blocks believe they have positive assets ...


Just tell us why pump in $45 billion into GIC and why need to issue hundreds of millions to billions every few weeks or months ???


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9-10-2019 9:36 PM
teaserteam said:
Najib said Malaysia very strong and when Mahathir took over, Guan Eng said, "Almost bankrupt".. will this not happen in Singapore?
Our teacher says this :

" Verily I say unto you, Whatsoever ye shall bind on earth shall be bound in heaven: and whatsoever ye shall loose on earth shall be loosed in heaven. "

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[+] 1 user Likes wallstreetraider's post
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#97
Our target price for SembMarine is below 70 cent ...
And half if Temasek GLCs trading below 2008's crisis levels and SGX is struggling to replace all the non performing indexes with REITs but they didn't know WeWork will pull all the reits down too ...

We got a strong worrying feeling that PM Lee will "outperform" Najib lo ...

Just like SembMarine, many of their stock price are over inflated like WeWork evaluation ...


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Our teacher says this :

" Verily I say unto you, Whatsoever ye shall bind on earth shall be bound in heaven: and whatsoever ye shall loose on earth shall be loosed in heaven. "

.
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#98
Laughing
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#99
10-10-2019 7:08 AM
wallstreetraider said:
Like WeWork in the making ...Valuation $47 billion before being exposed , luckily got people like us keep digging ...
Now evaluation less than $10 billion ...
Even more shocking is the CEO already max out his credit limit of $380 million and creditors are after him to sell his assets ...

Just look at Temasek, almost all investments making losses in the last 3 years ...

Still got blur blocks believe they have positive assets ...

Just tell us why pump in $45 billion into GIC and why need to issue hundreds of millions to billions every few weeks or months ???

History will record "The Collapse of a Singapore Dynasty."
[+] 1 user Likes sukhoi35's post
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10-10-2019 7:16 AM
wallstreetraider said:
Our target price for SembMarine is below 70 cent ...
And half if Temasek GLCs trading below 2008's crisis levels and SGX is struggling to replace all the non performing indexes with REITs but they didn't know WeWork will pull all the reits down too ...

We got a strong worrying feeling that PM Lee will "outperform" Najib lo ...

Just like SembMarine, many of their stock price are over inflated like WeWork evaluation ...
Keppel, SembMarine settle oil-rig claims with Sete Brasil : Involving Corruption

2 days ago.
Keppel Corp and Sembcorp Marine yesterday reached long-awaited settlements with Sete Brasil for oil rig-building contracts worth billions of dollars that were frozen after their once-biggest customer was forced to file for bankruptcy amid a sweeping corruption probe in Brazil.

Keppel, in a stock exchange filing before trading began yesterday morning, said its Keppel Offshore & Marine (Keppel O&M) unit will take control of four uncompleted oil drilling rigs and is in discussions to complete the building of two remaining rigs.

It had received US$1.3 billion (S$1.8 billion) in progress payments from Sete Brasil for the six rig orders, which had a total contract value of about US$4.9 billion, before payments stopped in November 2014. Keppel stopped work on the rigs in late 2015.
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