Budget 2018: State investment returns now biggest contributor of government revenue, economy in trouble
Budget 2018 and recent budgets confirm one thing: our economy is in trouble. In managing Singapore as a corporation, the PAP government should be able to generate revenue mostly from direct and indirect taxes. Instead, it has been increasingly reliant on contributions from “Investment and Interest” returns under the NIR...
What Economics Can Teach Us About The Irresponsible Fiscal Policies Pursued by Germany and Singapore
It is always remarkable how much praise Singapore gets from liberal or left-leaning economists who should know better. A few years ago the Nobel laureate, Joseph Stiglitz, held Singapore up as a model of how to achieve economic growth while prioritizing social equity and income equality. I thoroughly debunked his arguments in...
Our Goebbels’ works: only for today 25% discount
Saw this yesterday 25% DISCOUNT! Yes, you read right. Tomorrow (25 Feb) is the birthday of S. Rajaratnam, Singapore’s first Foreign Minister, who also wrote our National Pledge. However, did you know that he also wrote several short stories and radio plays before he became a politician? Some of the stories were so good, they...
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- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
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