TR EMERITUS

Rediscover what LKY, Dr Goh and the Other Guard instinctively knew. GDP growth is a means to an end, not an end in itself. The PAP govt can no longer deny the fact that the fortunes of the rich, MNCs and even retirees like me (asset rich, cash rich and users of SingHealth and bus concession passes: LOL), and those of workers... 

How many donkey years Singaporeans heard this similar statement, we need more foreigners and foreigners create jobs for us? It has been this for many many years and population already boomed exponentially from 4 to 5.8M and still growing. So is it 8.9M? or 9.9M? 10.9M? or 100M? This question has been dodged again and again,... 

Some articles seem to be quite woefully ill-informed about Ant's (Jack Ma's company) business model and the concept of securitized debt. When you lend money to others, that debt has value and you can borrow against it. However in normal banking you will never be able to borrow 100%. What Ant was doing was securitizing the debt...