
Are we dumb or what?
We were told in Singapore, 76 per cent of respondents said they trust their government — the highest among the list of institutions provided in the latest edition of the survey, and matching the highest score in terms of trust in government in the Republic since the inception of the survey. This is something I am not sure...

Banks in America may suffer large losses on their mortgages
American banks will face big problems with their mortgages. They offer 30 year mortgages at fixed interest rate. In the early 2010s, following the 2008 financial crisis, interest rates on 30-year fixed-rate mortgages fell to historic lows, often around 3-4%. In 2020 and 2021, interest rates remained near historic lows, with...

Sell or Die
I’m now in Vietnam for a short trip and I am being reminded of the time that my day job boss made a remark about how I only got a “serious” job at 38. He exclaimed “I don’t know how you survived before that.” I bring this topic up because, while Vietnam has made great strides economically, it’s still an obviously...
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