TR EMERITUS

Part 1 and 2 of this series of Singaporean public finances focused where the cash from the increased indebtedness has gone and the role of the Central Provident Fund in providing a low cost easy access source of funds for the government of Singapore.  Since I answered most questions about the CPF in Part 2, people started... 

Professor Christopher Balding recently wrote on the subject of CPF, a subject most dear to the hearts of Singaporeans, and warned that all may not be well with Temasek - a private company - handling our money. He is insinuating our money has been lost and our government is the big brother version of Mr Madoff. These are serious... 

In our last post, I gave a short and a long answer to questions about the importance of who owns the debt. The short answer is that it doesn’t matter who the government of Singapore owes money to, it still owes money to them.  Some readers and posters said that if the Central Provident Fund (Singaporean social security)...