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Archive for the ‘World’ Category
The Zombie ANT

The Zombie ANT

Some articles seem to be quite woefully ill-informed about Ant's (Jack Ma's company) business model and the concept of securitized debt. When you lend money to others, that debt has value and you can borrow against it. However in normal banking you will never be able to borrow 100%. What Ant was doing was securitizing the debt... 

Two historic moments

Two historic moments

President Halimah hails Kamala Harris' victory as 'the historic moment for women minorities' all over. So says ironically our great woman minority President select whose own historic moment was remarkably ill conceived by the shenanigans of a PAP controlled Parliament who in this day and age equally remarkably entrenched race... 

An observation of the American system of election

An observation of the American system of election

America must have spent a considerable sum of money, perhaps several billions, to conduct their presidential and congressional elections every four years. Considerable time and talent went into the process. What did they produce? The final outcome is probably a president that is far from being the most suitable to deal with... 



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