TR EMERITUS

The Government announced some shockingly awful growth numbers for the second quarter of 2019. They showed the economy shrinking at a 3.4% quarterly seasonally-adjusted annualized rate from the first quarter and growing by just 0.1% year on year. It is now highly likely that we will be in a recession (defined as two quarters... 

I have a discussion with a friend about the HDB mess. He said that the people who bought expensive HDB flats in the last 30 years paid too much and they will see their investment have no value at the end of the lease. We agreed on this point. But we disagreed on the alternative approach. I suggested that the government should... 

  Phillip Ang * The author blogs at LikeDatOsoCanMeh.      Read More →