TR EMERITUS

Chin Tan Lee said on one of my posts:- “Went grocery shopping. Already started adjusting prices. Was $1.80 Now $2.50. Maybe a marketing strategy. Increase first then offers promotion price later. Or increase first then say absorb GST and price freeze.” Is this your experience too?   Lim Tean    Read More →

The mainstream and financial media makes a recession sounds like a big disaster. They sensationalize its impact. Let me explain. If the economy contracts by 2%, it means that the total output of the economy drop by 2%. It could mean that 2% of the workers gets unemployed. While this is serious to those who are impacted, it is... 

PAP Gov has defied basic Economics rationale in managing the Hyperinflation situation in Singapore. It has done exactly the reverse in both the demand and supply sides of the economy which would have worsen the inflationary situation! On the supply side, instead of helping businesses, especially SMEs to reduce costs of production,...