TR EMERITUS

Bitcoin is the hottest cryptocurrency. It has seen its value increased by a few hundred times to reach a high of US$60,000. I believe that bitcoin will crash within the next few months and may disappear entirely. Here are the key features of bitcoin. a) Bitcoin is based on the block chain - which is a distributed ledger. It... 

In my analysis of Budget 2021, I criticised Heng Swee Keat’s failure to provide enough stimulus and warned that SIngaporeans would pay the price. I said that while Heng projected a Budget deficit of $11 billion for FY2021, the reality was that the Government was running an enormous surplus because the Net Investment Returns... 

There is a global shortage of chips. Many manufacturers of cars and electronic products have to curtail their production. What cause this shortage? One explanation was the increase in global demand for electronic products, such as computers and smart phones, due to the move to "work from home". I heard another explanation from...