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The Mess that is Singapore: Part IV How big is the GIC or the $500 billion Question

The Mess that is Singapore: Part IV How big is the GIC or the $500 billion Question

Since I began writing about different aspects about how unreliable Singaporean, Temasek, and GIC data is, I have received many questions about how reliable my data and calculations are in claiming what I am claiming.  As virtually all of my data comes from the Singaporean Ministry of Finance, either directly or by way of... 

Welcome To Hotel Singapore

Welcome To Hotel Singapore

As Bloomberg reported: “Renouncing your citizenship well in advance of an IPO is ‘a very smart idea’ from a tax standpoint," quoting University of Michigan international tax law professor Reuven Avi-Yonah. By moving to Singapore, co-founder of Facebook Eduardo Saverin will avoid paying at least US$67 million (S$85... 

Singapore: Only country with Govt surplus in list of highest debt to GDP ratio

Singapore: Only country with Govt surplus in list of highest debt to GDP ratio

As an economist you are trained to try and spot patterns.  Most things that we observe in life fall in to very predictable patterns.  It is when we spot anomalies or things that don’t make sense that interest us most.  Take a look at this table and ask your self which of these countries is not like the other countries? When... 


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