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Your CPF $ and the link to S'pore's Reserves

01-Feb-10 11:46 | anonymous
This blog posting http://atans1.wordpress.com/2009/12/26/where-gic-and-temasek-gets-their/ explains the links between your CPF monies and S'pore's reserves. There is a link but the losses of Temasek and GIC will not affect your CPF monies because CPF invests in a special Singapore government bond. If the government ever defaults on this bond or other government bonds, it will be a pariah state.
 

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