BTO flats are affordable
Ms Chua insists that BTO flats are affordable compared to many Asian cities. She says that most first time buyers use less than 25% of their total pay to service the monthly loan repayments, which can be covered by CPF. Most of us will realise that this line of thought is a non-starter because the duration of the loan can be...
Is the USD a ponzi scheme?
A ponzi scheme promises a high return, but is not backed by actual earnings. It gives a high return by taking the money from the later investors to pay the earlier investors. The USD now gives a high return. The US government does not collect sufficient taxes to pay the return. Instead, it prints more money and uses it to pay...
Massive Greed is Contagious
These days every freaking things have become extremely expensive, let me name you a few:- 1. BTO near million or cross million 2. Egg cost more than $7 3. A few strand of vegetables more than $2 4. Public transport fare very short distance more than $1.5 and multiple increase every year, public transport is now a profit machine! 5....
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