Sunday, June 12, 2011

Defaulting CPF 5: The mother of all loot

Ever since US went off Gold standard in 1971, CPF as a saving for retirement is a scam. No fiat currency is able to function as a medium of value preservation. The sad thing is the total silence for our intellect particularly the economist  regarding the ponzi CPF.

The entire Singapore economy one of the most corrupt in the world, all to enrich the ruling class.

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