
Core ideology of the PAP
A major ideology of the PAP is to keep generating economic growth, and with a better standard of living, people would keep voting for them. As Bill Clinton said in his election campaign against George Bush, “It’s the economy, Stupid!”, but LKY could have told him that, way before. So, after independence, the PAP quickly...

Crypto currencies
Just last week I was chatting with a friend about Crypto currencies. I was telling him Crypto Currencies have absolutely no basis to become medium of exchange nor investment value. They are just pure speculative tools. A lot of people have mistakenly and erroneously compared Crypto Currencies to Fiat Money and concluded they...

Tragic illusion
One of the tragic illusion that many countries of the 3rd world entertain is the notion that politicians and civil servants can successfully perform entrepreneurial functions. It is curious that, in the face of overwhelming evidence to the contrary, the belief persists. - Dr Goh Keng Swee, former Singapore Deputy Prime Minister,...
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