How Singapore Turned Debt into a Trillion Dollar Fortune | The Investing Iguana πŸ¦–

The Investing Iguana
03-29

🟩 In this eye-opening video, join Iggy from The Investing Iguana as he uncovers the shocking truth behind Singapore's staggering 170% debt-to-GDP ratio. Discover how this tiny nation managed to turn a mountain of debt into a trillion-dollar fortune, defying conventional financial wisdom.

Iggy breaks down Singapore's unique debt strategy, exploring how the country leveraged foreign exchange reserves, social security funds, and strategic investments to build a rock-solid economy. He also examines the importance of maintaining a liquid bond market and how Singapore's government balance sheet resembles a successful hedge fund.

Through insightful analysis and engaging examples, Iggy makes complex financial concepts accessible to viewers of all backgrounds. He shares valuable lessons from Singapore's experience, highlighting the potential benefits of strategic debt management and the role of government in driving investment and development.

Whether you're a seasoned investor or just starting your financial journey, this video offers a fascinating case study that challenges traditional notions of debt and fiscal responsibility. Join Iggy as he explores Singapore's unconventional path to prosperity and uncovers the secrets behind its trillion-dollar fortune.

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  • Crafty88
    Β·04-01
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    Thanks for the video but would really appreciate your enlightenment. How to reconcile when a citizen takes a loan from cpf to purchase a hdb. Does it offset from a creditor to debtor, not forgetting the cost of the asset is always much lower than the price paid as the purchase price is mark to market. Where does the extra $ go ?
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    • The Investing Iguana:Β 
      Unfortunately my replies are limited to 200 characters.
      04-03
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    • The Investing Iguana:Β 
      When a citizen takes a loan from their CPF to purchase an HDB flat, they essentially become both a creditor (to their own CPF account) and a debtor (to the HDB). The money borrowed from the 
      04-02
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  • Crafty88
    Β·04-02
    TOP
    Thanks for your kind reply and I know is beyond you if you aren't a local but allow me one more question which have baffled me for decades. the HDB is under the Ministry of National Development (gov) which Hdb consistently report a loss based on the discount they gave from the market value. Where does the discounted sale price of the flat minus the actual cost of the flat reported? Thanks for your kindness again as I am no accountant.
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    • The Investing Iguana:Β 
      Unfortunately my replies are limited to 200 characters. 
      04-03
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  • mekinial
    Β·03-31
    TOP

    This is a really informative and easy explanation for many people to understand how Singapore's debt works and how our CPF is managed!

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  • Crafty88
    Β·03-31
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    on the premise the economy keeps growing and the currency not depreciating ?
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    • The Investing Iguana:Β 
      Let's say..... if the Singaporean economy continues to grow and the currency remains stable, it could lead to several potential outcomes:

      ... (can't write more got cap)
      04-01
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  • Mess0M
    Β·03-29
    πŸ‘πŸ»
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