Don’t Be Fooled By The PAP’s Arguments On Inflation
For the last several months, Singaporeans have had to endure an orgy of price increases. Much of it was related to the absurd GST hike. But that was not all. Electricity, transport,property taxes, S&CC charges and imminent water price increase have all been hiked by the PAP.Does anyone seriously think that all these price...
Outrageous Inflation
Chin Tan Lee said on one of my posts:- “Went grocery shopping. Already started adjusting prices. Was $1.80 Now $2.50. Maybe a marketing strategy. Increase first then offers promotion price later. Or increase first then say absorb GST and price freeze.” Is this your experience too? Lim Tean Read More →
How to deal with a recession
The mainstream and financial media makes a recession sounds like a big disaster. They sensationalize its impact. Let me explain. If the economy contracts by 2%, it means that the total output of the economy drop by 2%. It could mean that 2% of the workers gets unemployed. While this is serious to those who are impacted, it is...
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