PAP’s warped logic on FTs
How many donkey years Singaporeans heard this similar statement, we need more foreigners and foreigners create jobs for us? It has been this for many many years and population already boomed exponentially from 4 to 5.8M and still growing. So is it 8.9M? or 9.9M? 10.9M? or 100M? This question has been dodged again and again,...
The Zombie ANT
Some articles seem to be quite woefully ill-informed about Ant's (Jack Ma's company) business model and the concept of securitized debt. When you lend money to others, that debt has value and you can borrow against it. However in normal banking you will never be able to borrow 100%. What Ant was doing was securitizing the debt...
Two historic moments
President Halimah hails Kamala Harris' victory as 'the historic moment for women minorities' all over. So says ironically our great woman minority President select whose own historic moment was remarkably ill conceived by the shenanigans of a PAP controlled Parliament who in this day and age equally remarkably entrenched race...
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