I thought you said by law SG is not allowed to run budget deficits. Even if Sg is not running forced budget surplus now - what is the reason for holding on to past surpluses which have ballooned to billions of dollars. I am not saying it shouldnt but there should be a purpose - water security or...
When a govt runs a surprlus - what does it mean ? it is collecting more money from people than it needs. And then it is managing this money by investing. This is definitely problematic - both morally and practically. How and when can this be justified?. Maybe in first few decades of singapore...
Singapore seems to be imitating HK where govts follow ultra conservative hoarding style approach to finances whereas population have much lower quality of lives. The prime job of a govt is welfare of people not hoarding money. Debt is not dirty word - european, american, japanese, chinese take...
I wonder how much the GDP rate is at current prices not comparable prices. I am gussing it will come close to 9 trillion USD> My estimation is that this year china gdp will be 18 trillion usd at current prices.
No that guy @Protest_again is lying through his teeth. A common symptom among indians. suburban in india will be considered as commuter rail anywhere in the world. In fact the common name is "local" rail/
comedy gold. as a nair do you have relations with malayali dalits or muslims - start there first.
who are these people asking Tamil nadu to be broken up to teach tamils a lesson