TR EMERITUS

Omigosh, the proverbial fecal matter has hit the rotating cooling device. Rating agency Moody's Investors Service has downgraded the outlook on Singapore's banking system from "stable" to "negative". The anticipated rise in interest rates coupled with the high level of household debt - most of it tied down to mortgages - will... 

S’pore is richer (per capita) than Japan. Yet as this chart from the Economist shows, its welfare spending is below that of Japan, and it is clustered with Thailand and China, with only Indonesia worse off. Korea is slightly better than S’pore but the president there has promised massive welfare spending. S’pore has not... 

回到旧时代，封建传统保守的时代，国人，甚至世界好多国家的人民，看到行动党政府的治国佳绩，应该会感激万分，甚至对行动党感恩图报也不过分。即使把时间拉到30,40年前，新加坡人还是很感激行动党政府为国家所做的一切。 为何到了今天，却竟然出现谁应该感激谁的问题。 这里要从总理的搞好政治，正确的政治说起...