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Archive for the ‘Economy’ Category
Taxes to collect and taxes to let go

Taxes to collect and taxes to let go

How I hate this building. In years long past my nonchalance towards a citizen's responsibility to speedy settlement of personal taxes, coupled with my proclivity to procrastination, often ended up with me having to go down to the IRAS office to sort things out. The IRAS has a very simple and absolutely effective way of handling... 

Alternative to the US dollar

Alternative to the US dollar

I am still studying which of the following is a better alternative to the US dollar: a) Global currency b) International RMB (or e-CNY) which is different from domestic RMB. The global currency will need to be supervised by a few participating countries, e.g. BRICS. The e-CNY will be managed by China, but it has to be done fairly... 

Crash of the US dollar

Crash of the US dollar

Many economists and analysts have predicted the coming crash of the US dollar. The primary driver is the huge deficit of $31 trillion. I want to give my perspective of how this event might occur. The US Fed starting increasing interest rate in March 2022 and has made a few rounds of increases in the subsequent months. This caused... 



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