The $23 trillion credit bubble in China
The $23 trillion credit bubble in China is starting to collapse – global financial crisis next? (20 Jan) - Did you know that financial institutions all over the world are warning that we could see a "mega default" on a very prominent high-yield investment product in China on January 31st? We are being told that this could...
Singapore’s boom masking a bubble
The world's richest city is home to the new wealthy from India, China, Indonesia, Philippines, Australia and Malaysia. (21 Jan) - In the opulent shopping mall of Singapore’s Marina Bay Sands Hotel, there are queues for the restaurants and the bars have standing room only, while the shops and casino ring with the sound...
SG’s DPM Teo blames alcohol for Little India riot
Riot in Singapore's Little India district, Dec 8 (21 Jan) - A month-and-a half after Little India in Singapore was hit by riots, the country’s Parliament on Monday moved a bill proposing to make the area, largely populated by Indians, a special zone where prohibition would be enforced and police would be given powers...
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