
There is nothing catastrophic about a recession
The central banks kept interest rate too low and printed too much money during the past decade. This has led to high inflation. The war in Ukraine, together with the pandemic, made the situation worse. The central banks have now increased interest rate sharply. They wanted to fight inflation. This is expected to cause an economic...

Ukraine and Taiwan
Ukraine is the Taiwan of Europe. Putin and Russia are not the warmongers. They are only trying to break out of the US encirclement strategy to save their country. If nothing is done to counter the US using Ukraine as a battering ram like what it is doing now provoking end arming Taiwan to undermine China's sovereignty and territorial...

Singapore’s achievements in the semiconductor industry
I cringed as I read the Straits Times propaganda boasting about Singapore’s achievements in the semiconductor industry. “….More than 50 years on, Singapore has made its mark in the semiconductor supply chain as a global node …… The country accounts for about 11 per cent of the global semiconductor market and 5 per...
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