Asset enhancement fueled by a mountain of debt is a scam, high HDB flat prices to stay
Singaporeans have been tricked by PAP politicians into believing they own something when in reality they don’t. Most are still living in fantasyland or denial of the biggest asset enhancement (AE) scam – the biggest Ponzi scheme in the world. For Lau Goh’s AE to work, it needs bigger suckers to purchase HDB flats at higher...
From conception to death, the PAP looks after Singaporeans
Photo: Mothership It’s juz that some are ingrates. Let me explain. More than 80% of Singapore’s resident population live in HDB flats [ LINK ]. ———————————————- Btw too bad we are not in this survey. In China 70% of millennials are homeowners, and I’m sure we are pretty close to that figure. ————————————————- So...
CPF Life: False alarm that Std is now better than Basic
Here I reported that a far cat rentier (once a doctor) says that the Standard could now be better given “tweaks” over the yrs that were not made public I said I’d asked an expert to check. He hasn’t responded but Chris Kuan while no financial planner but a now an ex-capital markets guy who I quoted here a few yrs ago...
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