NCMP Hazel Poa queries: For whom are the Singapore Reserves saved
#23

(08-02-2024, 11:35 AM)Huliwang Wrote:  Did she implicitly says that in the past episodes of releasing reserves the fund did not go onto the masses to weather the storm but got directed to a small minority? I did not remember seeing this but looking back I dun remember the country ran into a crisis where masses were hit so badly until doles were needed. Only remember during the pandemic the govt did dished reserved funds to a number of companies and businesses that dun really need the money and giving money and free hotel stays for Malaysian workers stuck here due to border closing. This I agree is bad management of crisis fund. 

What I dislike is her questioning whether the reserves are necessary as our population is shrinking. The thing is our population is not shrinking but actually getting bigger through other means such as migration and the migrants are given citizen status and they also CONTRIBUTED to building the reserves. She indirectly or purposely left out the new citizens. My stand is reserves are not solely build for future generations. For a start reserves are for crisis and no one knows when and how big the crisis will be. It could be war, financial crisis or whatever. I remember the financial crisis where big countries like Indonesia and Thailand must bow to IMF for loans to revive their economies. What happened to their reserves? 

How much reserves is enough? PM already answered that and I agree.    Big Grin

I think they did marvelous during covid. Why they pump $$ into SQ? If SQ dies .... Changi Airport dies, then SATS dies ... you know how many jobs are lost. Also its old man baby.
I was having kopi with SG tourism board buy, he said the gov pump billions to the hotel & toruism industry to keep as much job as possible ..... WHY????

Here are the results, SQ first airline in Asia if not the world turned profitable after the lockdown.
While other countries struggle to find worker to support tourism ... we have F1, major concerts after concerts .... with SQ bringing in tourists

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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Messages In This Thread
NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Bigiron - 07-02-2024, 10:00 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Huliwang - 07-02-2024, 11:50 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by sgbuffett - 08-02-2024, 12:26 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Huliwang - 08-02-2024, 03:44 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Sticw - 08-02-2024, 10:03 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Huliwang - 08-02-2024, 11:35 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 11:50 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Jinwului - 08-02-2024, 04:16 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by cheekopekman - 08-02-2024, 06:17 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by RiseofAsia - 08-02-2024, 06:35 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by KovanTrader - 08-02-2024, 07:15 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by K88 shu shu - 08-02-2024, 08:18 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by hansamu - 08-02-2024, 09:34 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by TopSage - 08-02-2024, 09:42 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Gemstar - 08-02-2024, 09:44 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 10:07 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Gemstar - 08-02-2024, 10:27 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 10:32 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Gemstar - 08-02-2024, 10:36 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 10:43 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by RiseofAsia - 08-02-2024, 12:25 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 12:31 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by RiseofAsia - 08-02-2024, 12:32 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 12:36 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by RiseofAsia - 08-02-2024, 05:04 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 10:13 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Gemstar - 08-02-2024, 01:47 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 01:55 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Gemstar - 08-02-2024, 04:56 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 10:12 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Goldmine - 08-02-2024, 11:08 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by singaporean1964 - 08-02-2024, 11:14 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by RiseofAsia - 08-02-2024, 12:28 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Tangsen - 08-02-2024, 11:20 AM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by Sticw - 08-02-2024, 12:23 PM
RE: NCMP Hazel Poa queries: For whom are the Singapore Reserves saved - by red3 - 08-02-2024, 02:49 PM

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