Beware: CPF Ponzi scheme may blow up soon
The explosive growth of CPF balances is a clear warning sign that something is terribly amiss with our CPF scheme. Fact: GIC’s spectacular ‘growth’ is unrelated to its investment activities but mainly due to additional annual contributions from CPF members. According to the MAS, CPF contributions (net of withdrawals)...
PAP continues to screw up as it tries to fix the CPF Ponzi scheme
PAP government has been screwing up big time because it is a fixer of things. By devoting an inordinate amount of time to fixing opposition members and dissenting voices, all our infrastructures have started to crumble. (MRT system is really in …. deep shit.) But the ‘fixing’ is not limited to the above: PAP has also...
69.9% Did You Vote For This?
We have seen the accelerated decline of SG after the demise of the old man. There was no curb of influx of foreigners, instead it was full steam. Recently activity by some association has classified Pinoy as one of our national race, I do not disagree. We should have more classification for the 3rd world FTs they imported...
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