SG top in foreign reserve per capita

• soulwinner

  28 Feb 07, 01:46

  what is there to argue about?? per capita is total up all earn for the nation and divide to find the average... Eg if sg have 5 citizen ( a earning $1000, b earning $800, C$5000 , D earning $20000 and finally e $1500) The average will be each people average $5660... But the fact is a still earn $1000 and will never grow... It only give people a perception that sG citizen zre rich... I sure every nations use the this method to calculate reserve or GDP.... If you compares to china , USD$1 trillion divided by 1.3b peoples have much is the per captia... My point here is that the is no way to fuss or argue about it accept to make you salary grow for survival...
• ^tamago^

  28 Feb 07, 01:53

  Originally posted by lionnoisy:

  2.If not PAP,u cant make SGD 1 m.But without, u will make million of
  dollars.Why ,the SGD will drop like a rock!!
  
  Check how SGD APPRECIATE from 1965 to date.
  
  Check how our neighbours' currency performed in the same period!!
  
  
  S$ Per
  
  year..US...Pound Sterling..100 Japanese Yen .Australian
  
  1984 2.1780 2.5363 0.8674 180.26
  2006 1.5336 3.0102 1.2887 121.32
  
  * Yearly, monthy and weekly figures are end period values.
  * Daily figures are values as of noon.
  
  https://secure.mas.gov.sg/frames/dataroom/msbhExchange.html...Exchange Rates,(Yearly)1984 to 2007

  maybe from 1965 is true, that is all our father's hard work.
  
  but from 1984 to now? appreciate my foot. it is now more expensive to buy a unit of pound or yen.
• saffron60

  28 Feb 07, 01:56

  Originally posted by soulwinner:

  what is there to argue about?? per capita is total up all earn for the nation and divide to find the average... Eg if sg have 5 citizen ( a earning $1000, b earning $800, C$5000 , D earning $20000 and finally e $1500) The average will be each people average $5660... But the fact is a still earn $1000 and will never grow... It only give people a perception that sG citizen zre rich... I sure every nations use the this method to calculate reserve or GDP.... If you compares to china , USD$1 trillion divided by 1.3b peoples have much is the per captia... My point here is that the is no way to fuss or argue about it accept to make you salary grow for survival...

  You are talking about per capita income, not 'per capita', like that, i can also say:
  
  ''per capita can also be understood as cars per capita''
  ''per capita can also be understood as fuel consumption per capita''
  ''per capita can also be understood as GNP per capita''
  ''per capita can also be understood as morons per capita''
  
  and let's all give thanks to lionnoisy for calculating the per capita of reserves of foreign exchange and gold.