Not much Fed can do right now to help world economy
Federal Reserve chair Jerome Powell In addition to the Fed’s focus on balancing inflation against employment, Federal Reserve chair Jerome Powell is dealing with two other sources of stress. Investors have been critical of how he communicates policy and The Donald has been demanding, more aggressive by the day, for more monetary...
Instead of Hot Air We Need to Talk About Where the Money’s Gone
State media lost no time in branding PM Lee’s plans announced at Sunday’s National Day Rally (NDR) as “ambitious”. Well, they would say that, wouldn’t they since their whole raison d’etre, apart from making money from Singaporeans through their media monopoly, is to act as LHL’s year round re-election committee,...
Incompetent leadership of PAP leaders are exposed during this economic crisis
The 2nd quarter GDP numbers are out - Singapore's GDP shrunk by 3.3% against the Malaysia's GDP growth of 4.9%, Indonesia's at 4.2%, Taiwan’s at 2.41% and South Korea at 1.1%. I accept the arguments that the external factors are unfavourable with trade wars between the US and China underway and that no two economies are exactly...
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