Why the USD did not collapse yet
The US Fed increased interest rate sharply from 0.25% at the start of 2022 to the current rate of 2.5%. It is expected to increase the rate by another 0.75% later this month. The US government is in a large deficit. It reached a total of $31 trillion in August 2022. Many analysts calculated that the increase in interest rate...
Singapore economy shrank 0.2% quarter on quarter
These news reports came out 11th to 12th of August 2022. Ever since this negative GDP news came up, the government would be trying to avoid a technical recession as the next quarter if it's negative, it's a technical recession. The only way looking from 2005 to present 2022 the PAP government, knows how to "grow the economy"...
Affrays
Lately, news about affrays are common. As a citizen, I am disheartened, disappointed and feeling ashamed but not resign. We used to be, I repeat, used to be a clean, green and safe city and those were hard-earned achievements and reputation that we collectively achieved over decades of hardwork and no-nonsense discipline but...
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