TR EMERITUS

In the last post, we demonstrated clearly that the while GIC and Temasek manage an impressive amount of financial assets, given the amount of borrowing and government surpluses, the amounts under management are a lot less impressive. Singaporean data indicates that operational surpluses and public borrowing from 1974 to 2011... 

Before we get back to analyzing the made up finances of the Singaporean government, GIC, and Temasek, I thought this would be a good place to stop and go back over what we know for a fact. 1.  The government of Singapore has an official balance sheet as of March 31, 2011 listing $705 billion SGD of assets and of that $125... 

Ms. Chua Mui Hoong’s (CMH) opinion piece  in the Sunday Times, 17 June 2012, filled up nearly half of its page 41 read - Myths in the go-slow debate – may be cutely politically correct but, to me, ultimately a disappointing discussion.  [ LINK ]. I am still, nevertheless, intrigued by her writing on this particular topic...