Singapore, World Highest External Debt Per Capital : Each Singaporean Owes S$580,000
12-10-2019 6:46 PM
sukhoi35 said:
Sofar for more than 50 years, no President has ever announced that Singapore reserves including foreign exchange and gold stock, in his opinion are true and correct - dated and signed under seal .

And proper handing overstock list to the next in coming President.

Are they all so bloody gullible?


just like my fake rich neighbour....overnight bankrupt and run road leaving his family in deep shiits but wouldn't have happen if his wife did check his bank account periodically
人正不怕影子歪
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The wealth are created by PAP or more correctly by a grp under the leadership of LKY.
So long as PAP is in power why they need to show u?
Informations is power. That why the Directors come in during the night when the office workers went home.
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if u want some drama see PAP sweating bullets u have to wait for the next stage from Brexit when the center that CROWN shakes to the ground. LHL is a citizen of 1sq mile dat City of London.
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money belongs to the people....not true?
人正不怕影子歪
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13-10-2019 8:07 AM
HdbTEH said:
money belongs to the people....not true?

Money is printed out by the Central Bank System and lent out to the Government and the Economy so it belongs to the Central Bank
But the money bears the name and signature of the 狗官 official mean it is legal tender by Authority of the Government Laughing
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13-10-2019 8:07 AM
HdbTEH said:
money belongs to the people....not true?

From MAS
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Singapore has to that date SGD373387.3 millions in gold and fx.
Singapore has a debt burden for every citizen of abt SGD132000.
This is your deposits at the Banks.
Singapore has a so called external debts due to accounting principle of abt USD1. 7 trillions as a result of Banks and depositors depositing their money into our Banks.
Yes u are correct money does not belong to the people. You are just exchanging pcs of paper owning nothing in the aggregate undr a Bill of exchange sys.
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13-10-2019 8:19 AM
paperhead said:
Money is printed out by the Central Bank System and lent out to the Government and the Economy so it belongs to the Central Bank
But the money bears the name and signature of the 狗官 official mean it is legal tender by Authority of the Government Laughing

We have to upgrade printing.
Money is borrowed into existence to be exact. And u borrow on your own money( this need a Black belt person to understand)
When they run out of cash(stationary), they order more. Meanwhile they try to change your mind by suggesting maybe u want a cheque,
All the while keeping an eye on the Q. The end result of unwatchfulness is Bank run.

Dirty torned notes will be gathered to be burnt to ashes,
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Do note that the world reserve currency is a Federal reserve note. A Bank Note.
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Laughing
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12-10-2019 6:48 PM
singlion said:
We take IMF data can liao. We can't go near a Blackhole but we sure can find a way to know her.
In a world where Total interest payments is +240 trillions 3 times the world GDP, the system is dead anyway.

Documents and Statements without Singapore Head of State, a President's official signature under seal duly signed and dated is not valid.

A certified document of stock list and Balance Sheet carried forward and handed over from one President to another is the only proof.

Otherwise, who the hell knows what is missing or not?
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13-10-2019 8:35 AM
singlion said:
We have to upgrade printing.
Money is borrowed into existence to be exact. And u borrow on your own money( this need a Black belt person to understand)
When they run out of cash(stationary), they order more. Meanwhile they try to change your mind by suggesting maybe u want a cheque,
All the while keeping an eye on the Q. The end result of unwatchfulness is Bank run.

Dirty torned notes will be gathered to be burnt to ashes,

Yes money is borrowed into existence
Central Bank System still has to print it to lend out to whoever has the collateral wealth assets to borrow from them
So your own wealth resources are leveraged on to seize and secure your production fruits whatever
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