Singaporeans Should Not Just Worry About Their Jobs. Courtesy of the PAP, Their Supposedly Safe Savings Are At Risk Too
With European equity markets down over 40% and US markets down over 35% Singaporeans must be wondering what has happened to our reserves. LKY always claimed that Singapore’s success was built on depriving Singaporeans of even the most basic social safety nets enjoyed by citizens of other countries much poorer than Singapore...
The Multi-ministry Task Force is playing a chess game – more for politics and economics than public health
The Multi-ministry Task Force is playing a chess game - more for politics and economics than public health. The ST headline (25-3-20): “Sweeping new measures to check virus spread” sounds more a political statement to bolster the crumbling image of the Task Force than to fight the virus to safeguard people’s health. And...
Forecast – the global stock market will recover on 9 April
I posted a forecast - the global stock market will recover on 9 April 2020. It attracted a lot of interest. Several readers asked me to explain my forecast. Here is my explanation. I replied that my forecast was based on my crystal ball. I have an old crystal ball, which is older than me, maybe more than 100 years old. Being...
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