Responding to questions on Singaporean finances
Dr Christopher Balding I was sent a couple of emails by people asking me to clarify some issues. I have tried to directly address these issues and answer bigger questions from the Singapore government website “Factually”. If there are other questions, I am more than happy to try and respond as I release information. What...
The largest financial discrepancies in history ever!
Dr Christopher Balding Singapore public finances contain the largest unexplained financial discrepancies in human history. That may sound like a grandiose rhetorical bombast, but it is a completely and entirely accurate description of existing data. Using nothing more complex than addition, subtraction, compounding interest,...
S&P looks at Temasek (Part 2)
The S&P criteria for evaluating investment holding companies (IHC’s) has the potential to move Temasek from a AAA rated credit firm to Greece as the headlines have noted. While this headline does accurately capture the potential impact, too many have focused on the outcome and a misreading of the its implication and...
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