Does complex CPF funneling into bonds then reserves result in retirement adequcy?
(In reference to Chris Kuan’s article ‘In political rhetoric Roy Ngerng conflates “reserves” with “CPF”.’) - I do not agree with the complex funnelling of the CPF funds into SSGS bonds, and then into the reserves and the GIC/Temasek Holdings. The funnelling removes the basic essence that the government is using...
In political rhetoric Roy Ngerng conflates ‘reserves’ with ‘CPF’
Did Roy Ngerng read my post earlier today when I said Temasek was talking cock about not managing government savings and their funds are derived from its business as owner and investor? Does not matter because although seemingly similar, the substance is different. I was referring “government funds or reserves”, he was...
Temasek Review 2016 ‘talking cock’
Here is another piece of talk cock (sorry ladies for the choice of words but it does describe the rubbish). Page 24 of the Temasek Review 2016, it states "we do not manage - Singapore CPF savings - Singapore Government Reserves - Singapore foreign reserves" And yet on page 25, it states "From time to time, our shareholder,...
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