Now, It’s A Problem.
Since my last blog entry, I’m delighted to announce that there has been a major development in the fight against the coronavirus. An advisor to the Brazilian President, who met with and took photos with the Occupant of 1600 Pennsylvania Avenue has tested positive with the virus. The Occupant who had written off the “hysteria”...
Coping with the economic downturn
What can the government do to help households and businesses to cope with the economic downturn? Here are my suggestions. Protect jobs The businesses that are badly affected by the economic downturn have to cut down their wage cost to match the decline in their revenue. Most of them have to retrench their workers. The retrenched...
What cause the collapse of the stock market?
What cause the stock market to collapse on 9 March 2020? a) The spread of corona virus in Europe and America? b) The collapse of the oil talk between Saudi Arabia and Russia? c) TKL's birthday? I believe that the biggest factor is - hedge funds. When the hedge fund sold the shares in large quantity, the rest of the traders...
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