23 Dec '12, 1am

How Infamous Short-Seller Carson Block Can Take On The Singaporean Government And Win - Page 2

Quote: Originally Posted by richwang Simple, just drive down the borrow cost from 4% to 2.5% - which is coming its way on April 1, 2013. The untended consequences: 1. The Currency will not be as powerful as before - like any money printing gov; 2. People will start to use their Special Account money to specular (when it is 4%, it is hard to beat. When it is 2.5%, many forumers will start to demonstrate they have the skills to beat); 3. Petition to allow Special Account Money to buy STI ETF! Thanks, Richard That would be the same time when the gov will introduce massive migration. Gov will not carry u anymore. Go and earn it yourself.

Full article: http://forums.condosingapore.com/showthread.php?p=347125#...

How Infamous Short-Seller Carson Block Can Take On The Singaporean Government And Win by @lopezlinette

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