Shangri-La, The Lost Horizon?
Asia is at a critical juncture now. China's military is rapidly developing, and its regional aspirations are expanding. Despite diplomatic attempts, North Korean ruler Kim Jong-un may be manufacturing new nuclear missiles. Japan is beefing up its military, defying post-World War II constitutional restraints. The United States,...
More money going into our national coffers
COE breaching $100,000 can be a good thing- page B2, Christopher Tan (CT), senior transport correspondent, 10 June 22, Straits Times. In a nutshell, what CT is saying is that $100,000 means the rich are contributing more to Singapore's tax coffers, which is a good thing. I agree with him but only to a small extend. Let me explain. The...
US should not YaYa Papaya
What will happen if China weaponized its holding of US Treasury Bonds by massive selling off? Price of US Treasury Bonds will drop and it will trigger the arbitrage mechanism and interest rates in US will be forced to rise. It will hurt the US Economy especially during an uncertain crisis situation. In order to counter that,...
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