TR EMERITUS

The US Fed increased interest rate sharply from 0.25% at the start of 2022 to the current rate of 2.5%. It is expected to increase the rate by another 0.75% later this month. The US government is in a large deficit. It reached a total of $31 trillion in August 2022. Many analysts calculated that the increase in interest rate... 

These news reports came out 11th to 12th of August 2022. Ever since this negative GDP news came up, the government would be trying to avoid a technical recession as the next quarter if it's negative, it's a technical recession. The only way looking from 2005 to present 2022 the PAP government, knows how to "grow the economy"... 

My friend said. Western media talks about big infrastructure projects built by China that incurred losses. The media exaggerates and smears China. They did not cover the profitable projects but only bring up the unprofitable ones. China has a long term goal. The infrastructure project may not make a profit in the initial years,...