Is it true that Singapore is rated S&P AAA? - Seedly

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Asked by Anonymous

Updated 2w ago

Is it true that Singapore is rated S&P AAA?

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Ericsson Ting
Ericsson Ting,
Level 3. Wonderkid
Updated 2w ago

Yes,but dun't let the AAA fool you,remember to look into the financial sheet for info and understand it

As to why i say that,perhaps you could watch the movie "the big short" about 4 people who make money during the 2008 crisis,the movie tell us of stories that people really never read into what they brought into.It is probably one of the more interesting financial movie out there along with the wolf on wall street.The movie also mention the various rating agency who are selling rating for fees,do watch this clip from the movie :

https://www.youtube.com/watch?v=mwdo17GT6sg

and the part where they explain about the rating:https://www.youtube.com/watch?v=3hG4X5iTK8M

for the full movie you could try netflix,or google it(if you know what i mean)

btw do visit my blog @sonicericsg.blogspot.sg if you have the time

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John Doe

2w ago

I like this. Please share more
Ericsson Ting
Ericsson Ting

2w ago

Glad you like it:),you can view the full playlist of the big shot movie on youtube here:https://www.youtube.com/playlist?list=PL_eGtR10uhM1yz78V7Ag589_qDMP19s9t,for member who came across this post be sure to check out the movie"the big short" ,it is a really interesting and great movie!

Yes. And because of such financial stability of our country, we have so much more opportunities too.

It’s a great job done by our government and MAS.

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Yes! One of the only governments to be AAA Rated. MAS has done a great job at building our financial capability in just 50+ years from an emerging market.

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