Paul Krugman in NYT: Singapore is the new Chile
Remember the 2005 Social Security debate? George W. Bush had just been returned to office; his campaign was focused on national security and social issues — as I like to say, he ran as America’s defender against gay married terrorists — but as soon as the returns were in, he declared that he had a mandate to … privatize...
UK’s Labour FINALLY admits it let in too many immigrants
Chris Bryant confessed it was wrong to ditch controls on Polish and other workers in 2004. (15 Aug) - Labour made a humiliating climbdown over immigration last night after its spokesman finally admitted opening the floodgates to Eastern European migrants was a mistake. Chris Bryant said it was wrong to ditch controls on Polish...
Will Fed tapering erode Singapore’s appeal?
(22 Aug) - Singapore's long-held status as a financial market safe haven could come under pressure from potential risk of higher rates amid the imminent tapering of U.S. monetary stimulus. The country is a favorite among foreign investors looking for fairly low-risk stocks that pay high dividends. But the prospect of a tightening...
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