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...
Is Singapore Government Following The Economies Of Excessive Infrastructure
The Financial time in its September 11 2016 issued a warning to China; More than half of Chinese infrastructure investments have “destroyed, not generated” economic value as the costs have been larger than the benefits, according to researchers at Oxford university, a finding that will fuel debate over the viability of China’s...
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