Singapore: Only country with Govt surplus in list of highest debt to GDP ratio
As an economist you are trained to try and spot patterns. Most things that we observe in life fall in to very predictable patterns. It is when we spot anomalies or things that don’t make sense that interest us most. Take a look at this table and ask your self which of these countries is not like the other countries? When...
Is Madoff In The House?
Poor Christopher Balding is asking all the right questions, but the answers won't be forthcoming. With the passing of Dr Toh Chin Chye, only one surviving member of the old guard can unlock the secret. We can't be too sure if dad will allow sonny to have the keys to the car. "To be clear there is no public record of expenditures...
Comparing Temasek’s Performance in Two Pictures
I have gotten emails asking if I can simplify some of the points I have been trying to make, so I have decided to try putting up pictures that capture some of these points. Hopefully, a picture will be worth a thousand words. The first figure is a comparison of the FTSE Strait Times Index and the MSCI Singapore equity...
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