The Economy Is Paying the Price for the Government’s Failure To Provide Enough Stimulus
In a few hours my old Cambridge colleague, the Finance Minister and Postponed Yet Again Seat Warmer PM-In-Waiting Heng Swee Keat, will be presenting Budget 2021. State media have been busy as usual doing their job of hoodwinking gullible Singaporeans and spreading fake news and disinformation. They have been trumpeting the Government’s...
Writers, The Populists And The Dream Of Gamestop
The economic world has been increasingly politicized for decades now. Consider the pressure from companies such as Wal-Mart to boycott North Carolina over the gender and public bathroom regulations or the imposition of climate effect by "activist" hedge funds on corporations. Populist counter-movements are made complicated by...
World Economic Forum held in Singapore in May 2021
The World Economic Forum will be held in Singapore in May 2021. Many people are worried that this event will lead to a large spike in covid infections in Singapore. They asked for the event to be canceled to avoid the health risk. I am not worried. The health risk is small, for the following reasons: 1. The visitors will be...
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- PAP mandate strong on Change is the only constant except when you are in a changing world