The Monetary Authority of Singapore has officially downgraded the national credit rating to "Cheapskate" following a disastrous Lunar New Year performance.

Local investment analysts report that the traditional "Red Packet" market has crashed harder than the dignity of a middle-aged man in a rented Lamborghini.

"Wah lau, last year got ten dollar, this year only two dollar, really cannot make it man," lamented local toddler and venture capitalist, Jayden Lim.

Economists warn that the $2 "friendship tier" ang bao is now legally considered a hate crime and an act of financial terrorism against the youth.

"My auntie give me two dollars, I tell her 'Auntie, inflation you know? Two dollar buy one kopi also not enough, you want me go pick cardboard is it?'"

Standard Chartered has since introduced a "Packet-to-Profit" hedging instrument to protect children against stingy relatives who hide behind "good luck" platitudes.

The government is considering a mandatory minimum of $50 per packet to prevent a total collapse of the domestic bubble tea economy.