Singapore Should Not Be Rich
Money Untold
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Singapore Should Not Be Rich
22 просмотра · 10 дн. назад
Money Untold
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22 просмотра · 10 дн. назад
In 1965, Singapore was expelled from Malaysia with no resources, no hinterland and income of $516 per person. Today that figure is $94,897 — and behind it sits a pile of national savings so secret that the government refuses to publish its total. How did the country that should not be rich build the machine? We open the books: the port that moves the world's cargo, the EDB that courted the world's companies, the fund that takes 37% of every pay cheque, and the three institutions — Temasek, the central bank, and GIC — that hold the vault. At the end, we grade the fortune on the Money Untold scorecard — the engine, the discipline, and the share.
This video is for education and entertainment only. It is not financial advice.
CHAPTERS
0:00 The Country That Was Thrown Out
1:21 Why Didn't It Die in 1965?
3:49 Where Does the Money Come From?
6:11 Where Does the Money Go Every Month?
8:47 How Big Is the Vault — And Why Won't They Say?
12:20 Who Paid For All This?
14:12 The Verdict — Scorecard
SOURCES
World Bank — GDP per capita & trade (% of GDP), Singapore, 1965-2024: https://data.worldbank.org/country/si...
Monetary Authority of Singapore — Ravi Menon, "An Economic History of Singapore: 1965-2065" (2015): https://www.mas.gov.sg/news/speeches/...
Maritime and Port Authority of Singapore — 2024 port performance (41.12M TEU): https://www.mpa.gov.sg
Temasek — Net Portfolio Value S$434 billion, Temasek Review 2025: https://www.temasek.com.sg/en/news-an...
Ministry of Finance — why GIC's size is not disclosed: https://www.mof.gov.sg/news-resources...
Ministry of Finance — Budget Estimates FY2025 (NIRC S$27.14B) & Net Investment Returns framework
CPF Board — contribution rates; member balances S$609.5B (Dec 2024) via IOPS/OECD Country Profile: Singapore 2025
HDB — Key Statistics FY2024 (76.0% of residents in HDB flats): https://www.hdb.gov.sg
Singapore Department of Statistics — Population in Brief 2024 (population 6.04M; TFR 0.97)
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