The Carnage Wrought By A Rentier Society
Yang Zhenhao shared this with me today. It demonstrates the evils of a rentier society. It is the ordinary man who ultimately suffers. “I feel that you are the best person whom I can share this with. Yesterday while having lunch at the kopitiam foodcourt at Jurong East Mrt station, I noticed that so many foodstalls had closed...
Trade disputes between America and China
Someone said that China depends on the American market. China will suffer a severe economic downturn when America imposes more sanctions on China. I disagree. China has a large domestic market and a strong manufacturing capability. For the past several years, it has adopted a strategy of "dual circulation". It is developing...
Why is ComfortDelgro Increasing taxi fares when they posted a profit of $130 million?
It was reported that ComfortDelGro would temporary increase taxi fares as a result of increased petrol prices. Don’t you find this rather outrageous as they had posted a profit of $130 million in 2021? Why can’t they just temporarily lower their rental to help the cabbies instead of increasing taxi fares? Weren’t the fares...
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