How can Bitcoin be worth anything?
Thinking of joining the Bitcoin bandwagon? Here’s why Bitcoin can be worth money. Many people have talked about the technological wonder that is Bitcoin, but few answer the simplest question: how can a Bitcoin, which is just a string of code, be worth anything? In this Money Mysteries article, we’ll explore the notion of...
PAP’s dismal policy failures create Singapore’s ‘Graduate Poor’
Lim Tean I have long inveighed against the People's Action Party's lack of ideas on how to grow the economy. I have never believed that the economy has actually grown in real terms for a good number years. It is not difficult for an increasingly meaningless statistic such as the Gross Domestic Product to grow when the cost of...
Your HDB Ticking Time-bomb Lease – There is a Solution
HDB's CEO Dr Cheong Koon Hean said in a forum last week that buyers of resale flats should pay less for older flats because these flats have a lease of 99 years. This is bad news for Singaporeans who paid premium prices for the flats because we were promised that the value of our flats would appreciate over time. Moreover, many...
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