Prepare for the future
It is very important for the government to address the problems of a possible recession to prepare for the future. The government has to make sure that our young people, especially the graduates, have meaningful jobs. We should not allow the talent and energy of our young people to be wasted. Here are the steps that can be taken. a)...
Can we still trust the PAP despite their incompetency?
At the beginning of this year, PM Lee gave a New Year message that claimed the economic outlook for this year 2019 will be good for Singapore. I had to rebut him, saying there were dark clouds looming ahead because the trade war between the US and China were creating great uncertainties. As a small open economy which depends...
No ‘Get Out of Jail Free’ cards this time round
Coming right after the awful GDP figures for the second quarter (see Hey Lee Hsien Loong Dude, What’s the Plan?), the trade figures announced by Enterprise Singapore on 17 July were equally, if not more, shocking. Non-oil domestic exports (NODX) fell by 17.3% year-on-year in June, an acceleration from the 16.3% decline in...
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