If dun buy gold, house at iskandar or undervalue stock at this moment as I guess market will go down further, can buy sing dollar or china yuan first. Maybe later only comeback to stock?
If a country or company is doing a big business and their loan or debt is huge. However if their business is transparent n good return/profit . They will able to service their loan constantly. This will give good confidence to bank and investor. So if Singapore are in this case, even their debt is high the currency will be strong too. Their economy will become bigger. Betulkah?
note: Singapore's public debt consists largely of Singapore Government Securities (SGS) issued to assist the Central Provident Fund (CPF), which administers Singapore's defined contribution pension fund; special issues of SGS are held by the CPF, and are non-tradable; the government has not borrowed to finance deficit expenditures since the 1980s; Singapore has no external public debt
Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of August 23, 2014
Pm is driving in reverse gear. If reverse gear have high speed , he will use it too. See Greece default n how the reaction Tomolo. Will the citizen rush to the bank.? Our country coming soon?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ny036
715 posts
Posted by Ny036 > 2015-06-28 17:33 | Report Abuse
The figure keep going up. Wow, every second about a thousand. If the figure up mean our ringgit currency keep dropping.