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Archive for the ‘Economy’ Category
Prioritizing economy over public health

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)

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

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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