Many funny things happening to our transport system
When Margaret Thatcher privatised transport in England, Singapore under Lee Kuan Yew also privatised public transport. My UK friend who was then visiting Singapore was full of praise for LKY. He said privatisation was good for England. I told him that Singapore's public transport was cheap and good and the postal service was...
Crash of the US dollar
Many economists and analysts have predicted the coming crash of the US dollar. The primary driver is the huge deficit of $31 trillion. I want to give my perspective of how this event might occur. The US Fed starting increasing interest rate in March 2022 and has made a few rounds of increases in the subsequent months. This caused...
Is FTX the biggest theft in history?
As I sat down to blog about FTX and Sam Bankman-Fried (SBF), the first couple of lines of a Robert Louis Stevenson poem floated across my mind -- "The moon has a face like the clock in the hall; She shines on thieves on the garden wall." There's a rustic imagery of a bright moon over a burglar on a wall I once saw in a kiddy...
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