10 Countries With Highest Debt to GDP Ratios: Singapore No. 7 &Libya No. 8
#1

https://www.insidermonkey.com/blog/10-co...s-1152913/
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#2

Japan
Venezuela
Sudan 
Lebanon
Greece
Eritrea
Singapore. ***
Libya
Italy
Cape Verde
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#3

No they are wrong. There is 0 debt
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#4

(25-04-2024, 09:26 AM)Scythian Wrote:  Japan
Venezuela
Sudan 
Lebanon
Greece
Eritrea
Singapore. ***
Libya
Italy
Cape Town

Fake news.
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#5

(25-04-2024, 09:22 AM)Scythian Wrote:  https://www.insidermonkey.com/blog/10-co...s-1152913/

What Is Singapore’s Credit Rating? 

Thanks to its net debt being zero, Singapore has a very good credit rating. 

The long-term credit ratings of the country as awarded by the four largest credit rating agencies are shown in the table below. Moody's S&P FITCH R&I Local Currency Aaa AAA AAA AAA Foreign Currency Aaa AAA AAA AAA

Read more at: https://commodity.com/data/singapore/debt-clock/

Go learn economics before you shit over here...🤭🤣
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#6

(25-04-2024, 09:38 AM)Blin Wrote:  Fake news.

Govt should proceed legal action under Pofma
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#7

(25-04-2024, 09:39 AM)moonrab Wrote:  What Is Singapore’s Credit Rating? 

Thanks to its net debt being zero, Singapore has a very good credit rating. 

The long-term credit ratings of the country as awarded by the four largest credit rating agencies are shown in the table below. Moody's S&P FITCH R&I Local Currency Aaa AAA AAA AAA Foreign Currency Aaa AAA AAA AAA

Read more at: https://commodity.com/data/singapore/debt-clock/

Go learn economics before you shit over here...🤭🤣

If the px is right, even Fake University PhD can be purchased 

Pay a price and someone is always ready to provide accreditation
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#8

How's Capetown a country?
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#9

(25-04-2024, 09:46 AM)Scythian Wrote:  Even Fake University PhD can be purchased 

Pay a price and someone is always ready to provide accreditation

Don't be stupiak.
This is common economics knowledge...
Only you don't know. 😆
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#10

(25-04-2024, 09:33 AM)red3 Wrote:  No they are wrong. There is 0 debt

World's richest country, Singapore sandwich between Sudan and Libya (pirates of the Arabian sea) is degrading
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#11

It's naive and simplistic to merely look at a debt-to-GDP ratio to jump to conclusions about a country's financial health.

You need to also look at the quality of the ratio besides the quantity. Let me give you some exampurs:

1. A person who borrows $15K from a bank to study at a university is a better risk than someone who borrows to gamble.

2. A person who borrows money to do a sustainable business is safer for a bank than someone who borrows to do a start-up with unknown risk and returns..

3. A person who borrows with collateral like a landed property is better than someone who borrows using his mouth to assure you that he can repay his loan.

So you look at who the borrower is and what he is going to do with the money if you are the lender. When Singapore borrows, you feel safe. If it is Malaysia, you worry. Applies to both government and private sector borrowings.

Observer = KILLjoy = starbugstk = Dan = lvlrsSTI = OWNER.
Trying so hard to find my Archilles Point wor. Hehe Love
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#12

(25-04-2024, 09:50 AM)moonrab Wrote:  Don't be stupiak.
This is common economics knowledge...
Only you don't know. 😆
.
Singapore, the only country paying commission to be rated AAA by both Credit Rating Agencies
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#13

(25-04-2024, 10:10 AM)Scythian Wrote:  .
Singapore, the only country paying commission to be rated AAA by both Credit Rating Agencies

Pay your head la..
So many international agencies, you think possible? 
Don't disgrace yourself until core la.. 🤭
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#14

(25-04-2024, 09:49 AM)Alice Alicia Wrote:  How's Capetown a country?

Sorry

Cape Verde
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#15

(25-04-2024, 10:23 AM)moonrab Wrote:  Pay your head la..
So many international agencies, you think possible? 
Don't disgrace yourself until core la.. 🤭

Singapore paid S&P and Moody
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#16

hmmm election is near... understood

I am just a tiny plankton in the ocean.
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#17

(25-04-2024, 10:23 AM)moonrab Wrote:  Pay your head la..
So many international agencies, you think possible? 
Don't disgrace yourself until core la.. 🤭

Do you know that Temasek Holdings is not rated at all..?

Why not?

You don't know right
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#18

(25-04-2024, 09:33 AM)red3 Wrote:  No they are wrong. There is 0 debt

They are 100% correct

You are wrong.
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#19

(25-04-2024, 10:31 AM)Scythian Wrote:  Singapore paid S&P and Moody

Australia paid the whole world..🤣
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#20

No wonder the maz is called “insider monkey” becos monkeys r operating it. Countries having debts can also mean the country is strong, rich, safe and worthy for investors to deposit and park their money and to do business.

Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.

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#21

(25-04-2024, 11:11 AM)moonrab Wrote:  Australia paid the whole world..🤣

Australia like other OECD, does not need to spend a single cent to pay any rating agency to be rated...

Nothing. Only Singapore did.
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#22

(25-04-2024, 10:55 AM)Scythian Wrote:  Do you know that Temasek Holdings is not rated at all..?

Why not?

You don't know right

What the hell you shitting here?..

Temasek Holdings 'AAA/A-1+' Ratings Affirmed; Outlook Stable

One or more of the credit ratings referenced within this article was assigned by deviating from S&P Global Ratings' published Investment Holding Companies Methodology (IHC Methodology) criteria.

We believe Temasek Holdings (Pte) Ltd. (Temasek) has unique credit characteristics that temper risks arising from a growing proportion of unlisted assets in the company's investment portfolio.

As a result, we have applied a criteria exception, and subject to certain conditions, our assessment of Temasek's business risk profile would not automatically be capped at fair should the proportion of listed assets fall below 40%.

We are affirming our 'AAA' long-term and 'A-1+' short-term issuer credit ratings on Temasek. We are also affirming our 'AAA' long-term issue rating on the medium-term notes (MTN) program of Temasek Financial (I) Ltd. and Temasek Financial (IV) Pte Ltd., and on the notes issued under those programs. At the same time, we are affirming our 'A-1+' short-term rating on the euro commercial paper program of Temasek Financial (II) Pte Ltd. Temasek guarantees these programs and notes.

The stable outlook on Temasek reflects that on our sovereign ratings on Singapore. It also reflects our opinion that the company's close relationship with, and likelihood of extraordinary and timely support from, the government will remain intact.
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#23

(25-04-2024, 11:15 AM)Scythian Wrote:  Australia like other OECD, does not need to spend a single cent to pay any rating agency to be rated...

Nothing. Only Singapore did.

Lol.. .you God ah   
All must believe you meh  😕
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#24

Hi Moonrab

If I don't challenge you, you will not go online search.

Well done. Good job.Thanks
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#25

(25-04-2024, 11:23 AM)Scythian Wrote:  Hi Moonrab

If I don't challenge you, you will not go online search.

Well done. Good job.Thanks

You post stupid fake news. Google reply is the easiest la   
No need to argue with seow lan..🤭
Time for medication 💊..go..
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#26

Scythian is pathetic soul


Smile
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#27

The public debt is mostly owe to Sg residents CPF and foreign investors who
park the money in Sg.
I suppose almost all backed by invested assets. Afterall Sg also have decent big reserve.

Unless the asset fall below the invested price and lot of money are withdraw
at the same time. It will not be a problem.

Nevertheless if foresee a major crisis is coming, Sg govt should cut investing and CPF.
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#28

Most of the debt is singpapore govt owe to CPF account holders...

They can change rules revise withdrawal age and so on...so it is mot like a normal debt where creditors can dictate the terms

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#29

(25-04-2024, 04:09 PM)sgbuffett Wrote:  Most of the debt is singpapore govt owe to CPF  account holders...

They can change rules revise withdrawal age and so on...so it is mot like a normal debt where creditors can dictate the terms
Competitive Law

"The Competition Act prohibits anti-competitive activities. Specific prohibited activities include agreements that prevent, restrict or distort competition, abuse of dominance and mergers that substantially lessen competition."

https://www.google.com/search?q=singapor...tition+act&oq=singapore+fair+competition&gs_lcrp=EgZjaHJvbWUqBwgCECEYnwUyBggAEEUYOTIHCAEQIRigATIHCAIQIRifBdIBCTE3NTY2ajBqNKgCAbACAQ&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=The%20Competition%20Act%20prohibits%20anti%2Dcompetitive%20activities.%20Specific%20prohibited%20activities%20include%20agreements%20that%20prevent%2C%20restrict%20or%20distort%20competition%2C%20abuse%20of%20dominance%20and%20mergers%20that%20substantially%20lessen%20competition.
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