This is a really informative and easy explanation for many people to understand how Singapore's debt works and how our CPF is managed!
How Singapore Turned Debt into a Trillion Dollar Fortune | The Investing Iguana 🦖
@The Investing Iguana：🟩 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. 🔔 Make sure to SUBSCRIBE and turn on notifications, so you never miss any of our videos: https://www.youtube.com/@InvestingIguana?sub_confirmation=1 💳 Sign up for Tiger Debit Card (We Both Earn $5) https://shorturl.at/dhjRS 🔗 Tiger Brokers SG: https://tigr.link/6pVnKR 🌐 Or CHECK OUT the articles at the Investing Iguana Blog: https://www.investingiguana.com/ 🟥 Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!
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