Leave it to the free market
When an issue comes out for discussion, I have often seen these statements that guide the views of many people: a) Leave it to the free market b) No bailout from the government. These statements are the principles promoted by neo-liberalism. It is the prevailing policies adopted by America for the past few decades. We can generally...
Hey Heng, Hong Kong announced HK$19.1 billion economic support package
A general view of the financial Central district in Hong Kong Where’s ours? U waiting for election is it? Remember the govt recently cut its growth forecast Taking into account the global and domestic economic environment, as well as the performance of the Singapore economy in the first half of the year, the GDP growth forecast for...
Review loans to foreign workers
The Monetary Authority of Singapore has recently introduced some restrictions on loans given to foreign workers by money lenders. These restrictions do not appear to work, as the number of loans continue to increase. Some people are calling for a total ban on these loans. I carried out a poll. 72% of the participants preferred...
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