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Clarence Chua
12 Jun 2019
Financial Planning Specialist at Prudential Assurance Singapore
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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Hariz Arthur Maloy
12 Jun 2019
Independent Financial Advisor at Promiseland Independent
Yes! One of the only governments to be AAA Rated. MAS has done a great job at building our financial...
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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