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Originally Posted by wbwbwbwibi  Quote:
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Pict: YOUNG KID .....ALREADY BILLIONAIRE:
[p.source]You will know that you really have a problem. What PAP did is some house keeping that's all, at least so that they can hopefully win the next election without their mandate falling below 50%.
The problem with the world economy is larger than the Singapore prime Minister's salary although when the G8, G20 etc meet, PM Lee attracts the most attention because he is the world highest paid leader of a country.
Political service should be about service to humanity, not the Kim Jong Il style where the leader exploits the Stockholm syndrome [wiki] to earn the reverence of the peoples he leads.
The dollars will become toilet paper as governments print currency on one hand to stimulate the economy whilst on the other hand borrowing money for their daily affairs. This is a centralized ponzi scheme whose outcome would simply be a state of hyperinflation, the precursor to war and confusion.
World War II [wiki] began after hyperinflation in Wiemar Germany [wiki] and the Great Depression [wiki] in Europe/ USA.
It is perhaps good that the PAP government is relenting it's pursuit of GDP growth at all costs as a ponzi GDP is perhaps the best precursor to WW3.
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Pictures:
Picture: Useless currency in Germany, Wiemar Republic being used as firewood substitute to provide warmth for families:
[p.source]Picture: Bernie Madoff [wiki] successfully operated a USD 50B ponzi scheme because the SEC worshiped him like a god for increasing GDP, at least until his ponzi scheme fell apart that is:
[p.source]Peekture: Just for laughs:
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At:
A1:
05Jan2012: World’s Biggest Economies Face $7.6T Debt
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