TR EMERITUS

I cringed as I read the Straits Times propaganda boasting about Singapore’s achievements in the semiconductor industry. “….More than 50 years on, Singapore has made its mark in the semiconductor supply chain as a global node …… The country accounts for about 11 per cent of the global semiconductor market and 5 per... 

The US Fed increased interest rate sharply from 0.25% at the start of 2022 to the current rate of 2.5%. It is expected to increase the rate by another 0.75% later this month. The US government is in a large deficit. It reached a total of $31 trillion in August 2022. Many analysts calculated that the increase in interest rate... 

These news reports came out 11th to 12th of August 2022. Ever since this negative GDP news came up, the government would be trying to avoid a technical recession as the next quarter if it's negative, it's a technical recession. The only way looking from 2005 to present 2022 the PAP government, knows how to "grow the economy"...