17-08-2023, 07:12 PM
(17-08-2023, 04:46 PM)Sticw Wrote: Seriously can PM Lee affirm that his team CANNOT rebuild the reserves once used? If his team can't do so, please lead the entire PAP party to quit the govt now, it saves us some money so we can preserve the reserves better. At the same time, close down gic and temasek.
Just get the head of civil service to do the basic administrative job. Have MAS just regularly invest into a simple indexing fund on the SNP500, DOW and NASDAQ will be fine for us. Minimal cost and simple indexing over the very very long term with our reserves.
(17-08-2023, 04:49 PM)Ola Wrote: No wonder naive old people like that Malaysian pee his pants
Cotton also use scare tactics
i find this son really really nincompoop
back in 1965, when LKY took over singapore as independence
the question is IS THERE ANY RESERVER BACK THEN
the answer is no
there are no reserves cause it is a new country
LKY from no reserves (ZERO) bulit up a reserve till today
the son say CANNOT rebuild the reserves once used
means what ?
means the son is MANY TIMES MORE NINCOMPOOP THAN FATHER
FATHER CAN SON CANNOT
the FATHER BACK THEN IS NOT PAY MILLIONS and YET CAN DO IT
the SON is paid millions from the start and yet say this cannot........ that cannot....
you know let say you own a company and you paid a CEO millions to help you run the company you own
the problem is this CEO keep tellling you this CANNOT and that CANNOT, CANNOT, CANNOT, CANNOT
i dont know will you still keep paying him millions