Singapore Debt-To-GDP Almost 400%
zerohedge.com - by Tyler Durden on 02/23/2015 If anyone has stopped to ask just why global central banks are in such a rush to create inflation (but only controlled inflation, not runaway hyperinflation... of course when they fail with the "controlled" part the money paradrop is only a matter of time) over the past 5 years,...
GIC to buy Blackstone’s IndCor Properties for $8.1B
An old warehouse being restored stands near the Brooklyn Bridge in the Brooklyn borough of New York, U.S. GIC, Singapore’s sovereign wealth fund, is buying warehouses across the U.S. as demand for industrial space climbs from web retailers and other customers. (2 Dec) - Singapore’s GIC Pte agreed to buy IndCor Properties...
Is SG haunted by the ghost of retail therapy past?
(12 Nov) - Singapore's economy has managed fairly slow-and-steady growth despite a mediocre global outlook, but high household debt may come back to haunt the city-state. "Singapore is experiencing extraordinary low interest rates; the danger is that these are inducing unwise spending or investment decisions. Such decisions...
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