Prioritizing economy over public health
Earlier, Minister Wong said that phase 3 of the circuit breaker will start after 70% of the population has downloaded the Trace Together app or collected the token. Recently, the prime minister announced the start of phase 3 towards the end of the year. Someone pointed out that only 50% of the population has Trace Together....
Free Trade Agreements (FTA)
FTAs are actually investor rights agreements, rather than free trade agreements. Investors pumping hundreds of millions of dollars into a foreign country want a guarantee that their investments will be protected by the government. As to freeing up trade, tariffs between major trading nations are already very low or non-existent....
Economic loss following a bad decision
One cruise was called back a day earlier due to an infected passenger (it turned out to be a false alarm). 1,600 passengers spoiled their holiday. The next cruise was cancelled. Perhaps another 1,600 passengers spoiled their holidays. All for what? For over reacting to a mild infection. The common sense approach is to confine...
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