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Archive for the ‘Society’ Category
Prevent a run on the bank

Prevent a run on the bank

Silicon Valley Bank faced a "run on the bank". Due to premature withdrawals of deposits, they faced a liquidity crisis and had to sell their bonds, ahead of maturity dates, at a loss. They planned to raise additional capital to cover their loss of $1.8 billion USD. Given some time, and with the right price, they would be able... 

Stupid rules on Covid-19

Stupid rules on Covid-19

Over the past week, TWO friends from FB and chatgroup private messaged me about stories of medical students who were FORCED to jab if they want to study Medicine in SG. One was forced to leave SG and study Medicine overseas. One is THREATENED to have his medicine study discontinued and forced to make repayment to the Gov/University... 

A better way to handle CDC vouchers

A better way to handle CDC vouchers

It is wasteful for the government to adopt online CDC vouchers. The customer has to select several vouchers of fixed amounts and generate a QR code to the payment. This approach does not deal with amounts that involve change. It is better to have the amount ($300) credited to a wallet (instead of a few dozen separate vouchers). The... 



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