FTX collapsed adding pressure on CPF Board to hold OA rate @ 2.50% pa longer
#1

FTX collapsed adding pressure on CPF Board to hold OA interest rate @ 2.50% pa.much longer

Sadly, everything has changed for the worst.

https://theindependent.sg/ho-ching-claims
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#2

$200 mil loss is nothing lah. Not even affecting much the CDC vouchers



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#3

https://financialhorse.com/ftx-goes-bank...an-moment/
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#4

(12-11-2022, 09:40 AM)teaserteam Wrote:  $200 mil loss is nothing lah. Not even affecting much the CDC vouchers

Probably closer to US$400 mio
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#5

At least $1 billion usd gone
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#6

(12-11-2022, 11:15 AM)item2sell Wrote:  At least $1 billion usd gone


As major shareholder, Temasek takes large FTX exposure to keep volume turnover
Massive Trading loss
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#7

(12-11-2022, 12:40 PM)Scythian Wrote:  As major shareholder, Temasek takes large FTX exposure to keep volume turnover
Massive Trading loss

no accountability is not new to the 2 swf
chinese says 
1 hand covers the sky
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#8

(12-11-2022, 11:15 AM)item2sell Wrote:  At least $1 billion usd gone

Singapore Govt looks Desperate raising $$$ thru higher GST, higher COE, petrol prices, and keeping CPF OA low @2.50%
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