Crash of the US dollar
Many economists and analysts have predicted the coming crash of the US dollar. The primary driver is the huge deficit of $31 trillion. I want to give my perspective of how this event might occur. The US Fed starting increasing interest rate in March 2022 and has made a few rounds of increases in the subsequent months. This caused...
Is FTX the biggest theft in history?
As I sat down to blog about FTX and Sam Bankman-Fried (SBF), the first couple of lines of a Robert Louis Stevenson poem floated across my mind -- "The moon has a face like the clock in the hall; She shines on thieves on the garden wall." There's a rustic imagery of a bright moon over a burglar on a wall I once saw in a kiddy...
Covid-19 situation after relaxation of restrictions in China
Several reports from the western media, and from Channel NewsAsia and SCMP of Hong Kong said that the wave of covid infections had overwhelmed the health system in China and covid deaths were soaring. They suggested that the official statistics of covid deaths in China was grossly under-reported due to a change in definition...
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