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Why contractors are making money out of foreign workers instead of project work

Why contractors are making money out of foreign workers instead of project work

Contracting to built houses normally squeeze the contractors bone dry. The real profiteers are the housing developers. With a price that is paid upon completion, profits of 40 to 50% of the selling price is uncommon. Almost all the housing developers are well off. Despite the supposedly cooling period, sales of houses are a... 

Singapore is “lost”, not Japan

Singapore is “lost”, not Japan

The cause of the slowdown of the Japanese economy was not primarily due a falling population, but due to incompetence in the government. Also, the Japanese are not afraid to change their government till they get it right but often than not powers are passed over within an elite base. The lost decade was due to the bubble burst.... 

Peking duck road to sure death

Peking duck road to sure death

The Peking duck has to be fed and be bloated to look good on the table. The only way for that to happen is constant stuffing, regardless of how fat it has grown. Some may think that the duck could turn into a goose or maybe an elephant. There is no concern about overfeeding, about being too fat, obesity. This idea seems to resonate... 



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