This post is one of the series of posts I written earlier relating to my view on the global economy. In Part 1 & Part 2, I discussed about the artificial harvest of the past and shared my views. Part 3 describes how the entire world has been leveraging up in recent times. This article is an extension of Part 3 which we turn our attention back home to see if Singapore is over-leveraged? Debt profile of Singapore Public (aka Government) Debt  Singapore has all-time high debt to GDP of ~105% recorded as of end 2015. We ranked top ten in world's most indebted nation relative to GDP. U.S. sits just below Singapore in the indebtedness ranking. Surprised? Over the last twenty years or so, our public debt to GDP ratio has increased close to 40% from a record low public debt-GDP ratio in 1994 at 66.......