Singapore dollar headed for devaluation?
I expect property prices to totally collapse taking down the SGD with it, here is why I say this. I have seen a lot from the 87 crash, 97 crash, dot com bubble, 2008 crash and all have the same characteristic, greed. For Singapore I believe a devaluation of the currency is coming because the people in charge of MAS currently...
Using National Funds Wisely: Investing in Education and Providing Security for Our Seniors
This is something of a response to a proposal by Kenneth Jeyaretnam to privatize Temasek Holdings and GIC and distribute shares to Singapore citizens. Firstly, there are problems related to who is entitled to how much. Furthermore, he states that the fundamental problems his proposal sets out to address are transparency and...
How to Create A True Property Owning Democracy through The Privatization of Temasek and GIC
In my last blog post (see here) I pointed out that since 2009 I have advocated the privatization of Temasek and GIC and the distribution of shares to Singapore citizens. This was also a plank of the Reform Party manifesto in GE 2011 (see here). Naturally there has been a lot of interest in this idea, if not controversy,...
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