Quora Answer: What are the Chances of Singapore Going Bankrupt?

The following is my answer to a Quora question: “What are the chances of Singapore going bankrupt?”

Singapore is a sovereign state.  Technically, it is impossible for a sovereign to go bankrupt unless the state ceases to exist, because there will always be people generating economic activity, meaning, the state will eventually be able to pay off a debt.  What you are asking is really the chances of Singapore ceasing to exist, the dissolution of the state.  In that sense, while there is that possibility due to many factors, both political and natural, it is unlikely. Singapore is well run in comparison to most nations in the world, with policies that address events decades in the future.  It has a strong military, a network of alliances and, most importantly, it is wealthy.  Money buys friends and options.