More money going into our national coffers
COE breaching $100,000 can be a good thing- page B2, Christopher Tan (CT), senior transport correspondent, 10 June 22, Straits Times. In a nutshell, what CT is saying is that $100,000 means the rich are contributing more to Singapore's tax coffers, which is a good thing. I agree with him but only to a small extend. Let me explain. The...
US should not YaYa Papaya
What will happen if China weaponized its holding of US Treasury Bonds by massive selling off? Price of US Treasury Bonds will drop and it will trigger the arbitrage mechanism and interest rates in US will be forced to rise. It will hurt the US Economy especially during an uncertain crisis situation. In order to counter that,...
World War III
Some friends ask me why didn't I talk about "inflation"? Especially when I am trained in Economics! First of all, we are not just looking at inflation here. It is at best, a stagflation, at worse, a total collapse of the World system of Globalization which will most probably lead to more wars. Yes, it may just lead to World...
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