COVID-19: Heng Swee Keat to announce third round of support measures in new 'Solidarity Budget'
https://www.channelnewsasia.com/news/singapore/coronavirus-covid-19-heng-swee-keat-solidarity-budget-12611084
Stock market will receive another lifeline on Monday!
It's gonna be another drawn down from the reserves.
And if Covid-19 persists longer, it will be 4th, 5th, 6th .... where does it ends?
Let's hope Covid-19 will end soon.
Heard from non-reliable source that our Government has reserves of trillions and trillions of SGD, so no worries! Again, the one who said this is non-reliable Singaporean source. Our PM already expressed his concern, but typical Singaporean is always optimistic.
Not that optimistic is not good, but there are two kinds of optimism. 1) Cautiously optimistic preparing for the future and 2) Blindly optimistic and just deceiving oneself that everything will be fine.
2 Scenarios
A) Covid ends before June, and everything goes back to normal for Singapore. Everyone is happy and stock markets rally again, and Government back to budget positive and able...