US Then, China Now: Have We Learned Anything?
Between 2007 and 2008, Temasek Holdings and the Government of Singapore Investment Corporation (GIC) lost a combined US$80 billion of their assets in dubious investments in Western banks. Here's how some of the deals unfolded. In the second half of 2007, Swiss bank UBS had written off US$33 billion due to bad debts and exposure...
The motivations of serving National Service
National service is not a mere waste of time. It’s a waste of two whole years of our short lives, and the finest example of a slap in the face to anyone who values their personal freedom. Men who malinger or ‘chao keng’ in the army are looked upon as irresponsible and incompetent; they are sneered at in condescension,...
Why U-turn on elected president
Last Thursday, I pointed out that the post of president, whether elected or appointed has been problematic for the PAP because an elected president (Ong Teng Cheong) and an appointed president (Devan Nair) have proved embarrassments to the PAP. In this post, I’ll explain why I think two PAP apologists are showing off their...
|
|
|
|
|
|
|
|
|
- Labour shortage? on Integrate
- PAP mandate strong on The rapidly spreading HMPV virus you haven’t heard of
- Papa PARDON Son Democracy SRFR on Unknown Virus Rampages in China; Hospitals Utterly Overwhelmed
- Harder Truths on Leave no man behind
- Harder Truths on The rapidly spreading HMPV virus you haven’t heard of
|
|