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Archive for the ‘Economy’ Category
Free Trade Agreement (FTA)

Free Trade Agreement (FTA)

RCEP is a Free Trade Agreement (FTA). However, it has very little to do with increasing trade, but rather to guarantee the rights of MNCs when they invest in a foreign country. Whenever our government talk about FTAs, it likes to point out that tariffs of goods will be slashed and therefore will be cheaper and trade will increase.... 

Open up the economy safely

Open up the economy safely

I have suggested that we abandon safe entry, trace together and contact tracing. Instead, we focus on catching the symptomatic cases and asking these cases to be in isolation. Why? The symptomatic cases are likely to be spreaders. (Not all are spreaders, but some are). The asymptomatic cases - which is detected through contact... 

Is there any ‘Risk Free’ investment that will generate profit?

Is there any ‘Risk Free’ investment that will generate profit?

Technically speaking, yes, but in reality, no. Even Government Bonds or playing Arbitrage would have risk, no matter how small it is. Government, country or banks could just become insolvent, what else wouldn't have risk? Thus if anyone starts to tell you your investment is baojiak risk free, that's too good to be true, it would... 



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