
Are Singaporeans overstretched?
Earlier this month, MAS reported that Singapore home loan growth rates were slowing, but that households were still vulnerable to high debt burden. The fact that households’ debt, currently standing at 151% of our annual income, is growing is not surprising, given that home prices are persistently increasing and home loans...

We are immigrants!!!!???
Thomas Cook posted this in TR Emeritus on the riot in Little India: ‘I summarize it in few points below & hope you take note it and pass to as many friends & citizens as possible: Today’s America prosper due to the early immigrants arrive there. Today’s Germany prosper due to the early immigrants arrive there. Today’s...

The more Baey tries to explain, the murkier the outcome
One word to describe the Baey Yam Keng Nasi Padang saga. Typical. Indeed, it's very typical of the PAP these days. It cannot seem to admit wrong when staring wrong in the face. And yes too, that it is turning out into a saga simply because he keeps trying to wriggle out of the shit he knows he has gotten himself in. Let's...
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