TR EMERITUS

The US stock market rallied last night because the Fed is buying individual bonds. In effect, they are converting many businesses into state owned enterprises. It may not be fully state-owned, but the state may be holding a substantial stake. This is an interesting phenomena. It is a modern way of nationalization. America is... 

On social media Singaporeans are coming out in support of justice for George Floyd and other victims of racial injustice in America. An observer speculated that some of these postings are made to sock it to American fingerwagging around the world. Some to 'prove' that Singaporean 'multiculturalism' and 'pragmatism' offer a... 

The German government is at least, guided by some moral principles. Ours is simply, the economy. Many may not know, but Germany like us, uses cheap foreign labour, although not in the same mind-boggling proportion. Their meat industry employs about 200,000 people and the meat-packing plants hires between fifty to eighty percent...