Perennial China Trust: an owner of 'bogus' real estate?- Clarification pls.

"The real estate business trusts also have the liberty of owning real estate which generate no or limited income for years but can still fund dividends to investors through various forms of guarantees (as in the case of Perennial China Trust) and so on. No critical questions are asked by investors and analysts as long as the company is able to pay dividends."

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Financial literacy for the new economy- what everyone should know.

bloodsucker(10Nov2012) wrote:

Re thread: noob need helpAgree with your views about how it doesn't cover inflation even if it breaks even. The effect of deduction is simply too high for most regular premium ILPs.

Bailouts for the rich; inflation, austerity, taxes increases to hit the poor.

SpeedingBullet (09Nov2012) wrote:

Re thread: Criminalizing Rich People
I know the article below has nothing to do with Singapore, but the context draws some parallels with the way I see some Singaporeans describe rich people here, and how our govt. is trying to rein in property prices, and income-limits for PR applications to appease the public.
The rising voices that speak out against foreigners (which is now borderline xenophobia) and "elites" in Singapore prompted me to start this topic here anyways hehehe
For us, we're in a different situation where we welcome rich people with our unbelievably low taxes. I wanna know what you all think.
Wall Street’s Impotent Billionaires Confront a Second Obama Term
Small excerpt:

US Electoral college system needs an urgent update- that's the point.

Asphodeli wrote:

Re thread: USA Presidential Elections 2012 Live updates
...
(Or are they implying that the local version of EC (GRC) is also a flawed system, in the way that it is similar to the EC (i.e. voting for someone to represent your state)? Tsk tsk. Naughty, naughty.)