Harsh Reality between Singapore and China
SG is just a Little Red Dot while China is a huge country with vast resources and population. China can do without SG but SG economy may just collapse without China. That's the Harsh Reality. Many people I know dislike China or even hated China but yet, they have to depend on China to make huge amount of money. That's the Harsh...
Three Big Lies about the National Reserves
"The national reserves must not be disclosed. If this is made public, the SGD can be subject to attacks by currency speculators" is the mantra of the Singapore government. Enough of this nonsense. Speculative attacks happen during a currency crisis. A currency crisis is a consequence of chronic balance of payments deficits...
Why The Increase In GST Is Totally Unnecessary
A First Class Economist Explains Why The Increase In GST Is Totally Unnecessary And Will Only Cause More Hardship! The former Chief Economist Of GIC brilliantly destroys Lawrence Wong’s and the PAP’s rhetoric that raising GST is vital for Singapore’s future. The PAP is a party reduced to empty slogans these days. It is...
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