Everywhere in the world, governments are running in full steam to paint rosy picture of the financial situation. This includes low inflation data, improving employment statistics, economic growth etc...In Singapore case, it is graduates with rosy starting pay and good graduates employment data.
Go figure. Nowaday, even depositing money in the bank isn't safe. Cyprus just in effect "confiscated" all its bank's depositors' money to bail out past reckless bankers and politicians actions.
|