Archive for the ‘Opinions’ Category

Do we have double-digit citizen unemployment?
Since the 1997 Asian Financial crisis, critics of the ruling PAP (People’s Action Party) regime were unhappy with the resident unemployment rate. This rate combined citizens and SPRs (permanent residents). In Jan 2008, the Ministry of Manpower published a report Employment of Singapore Citizens, Permanent Residents and Foreigners,...

The global economy is doomed to implosion
The global economy is doomed to implosion, and here are four charts which explain why. Though the complexities may appear endless, the global economy's coming implosion is really fairly easy to understand: here are four charts which do the heavy lifting. It boils down to these basics: 1. When money is dear and difficult to borrow,...
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