Ha... and you remembered the Micropolis. I think it was a good lesson learnt and burnt badly. A loss is sometimes a gain. Are we not thriving after the loss? Can we always win? Accountability, yes accountablity.. how do you know that no head roll?
1. GIC's gains or losses have nothing to do with whether we thrive or not. And vice versa. It's not as if S'poreans get annual dividends from GIC investments.
2. I asked you the question, why you ask me back? If you know heads rolled, name them.
We are not the richest but we are neither the poorest. We have enough to allow the current, the next and the future generation to enjoy the fruit... so where do you think the money from?
1. Really? Where did you get that idea? Did you crunch the numbers against the projected needs of Singaporeans 30 years down the line before coming up with this claim?
In fact, do you even have the number? I remember that even after 4 years in office, the late President Ong couldn't get the sum total of the "reserves" he was asked to "safeguard" despite asking the head of the Civil Service to give it to him at the very start of his term.
2. Have you read the govt financial statements? How much of today's public expenditure is being funded by returns from GIC investments? Can you quote me any commitment by any minister which says that they will use future investment returns to fund future needs of the population in areas such as healthcare?