Now the so call ‘Economists’ singing different tune?
$14B to $16B enough? Don't just sit in the ivory tower and use past data to study trend! Most businesses hit by this Corona Viris Crisis could hardly withstand 3 months of bad business! Many of them will be forced into bankruptcy and once that happens, the domino downward spiral will send economic shock waves across all industries! Incompetent...
How will the global stock market recover?
I like to give my views about how the global stock markets will recover. This will happen within the next few weeks. Why did the stock markets fall? The trigger point was not the corona virus. It has been around for a few weeks, so it was a major factor causing the fear and uncertainty. But it was not the trigger point. The...
Coping with the economic downturn
What can the government do to help households and businesses to cope with the economic downturn? Here are my suggestions. Protect jobs The businesses that are badly affected by the economic downturn have to cut down their wage cost to match the decline in their revenue. Most of them have to retrench their workers. The retrenched...
|
|
|
|
|
|
|
|
|
- HDB Scam on Scammers
- Tracey Ching on Congratulations to Techie Andrew on his newborn
- PAP mandate strong on The fate of Singapore
- Singaporeans R Free Riders on Good Governance
- Singaporeans R Free Riders on The fate of Singapore
|
|