Why You Are Bodoh If You Believe MTI’s 2020 GDP Growth Forecast
I don’t know what the statisticians at Ministry of Trade and Industry (MTI) are smoking but I really think CNB should investigate and drug-test all of them including the Minister, Iswaran. It’s obviously very high quality stuff. I refer of course to MTI’s press release stating that they had lowered their 2020 GDP growth...
Forecast – the global stock market will recover on 9 April
I posted a forecast - the global stock market will recover on 9 April 2020. It attracted a lot of interest. Several readers asked me to explain my forecast. Here is my explanation. I replied that my forecast was based on my crystal ball. I have an old crystal ball, which is older than me, maybe more than 100 years old. Being...
Tourism: Look on the bright side
In Tourism: Where Covid-19 really hurts us, I pointed out that the drop in tourism will hurt the economy. But, looking on the bright side, things no longer that expensive for us locals.: Cities that get a large part of their income from tourism could become cheaper as their economies shrink and prices are driven down. The...
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