What I think about economics in the Trump era
To check back in 12 months time. Here is what I think about economics in the Trump era 1. Trump will not kill off TPP or NAFTA because he would not want to seriously damage Corporate America's supply chains. Since TPP has not been ratified, he will clip off chunks of it but still get it raified. 2. Income and Corporate tax cuts....
Interesting and dangerous times?
Unless there is late surge for Clinton, it looks like a Trump Presidency. If so, expect gridlock even worse than the Obama presidency as both parties hate him even he ran for presidency under one and his reflation policies sit rather comfortably with the other. But if the wage and employment situation continues to improve, inflation...
Is low expenditure on social security another past sell by date set of policies?
A Lien Foundation found 8 in 10 are worried about growing old. That's what you get from a lean and mean government. "As of last year, Singapore had 26.1 nursing home beds per 1,000 people aged 65 and above - the lowest proportion in 15 years - and well below the OECD average of 45.2 beds." reported the ST. The argument is...
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