Indonesia has more democracy than Singapore
Indonesia may not be as rich as Singapore, but it has more democracy. Unlike workers in Singapore, those in Indonesia have their voices heard. With businesses ravaged and unemployment skyrocketing due to Covid-19, the Indonesian government is going all out to encourage investments and create jobs. But part of the reason investors...
This Time, It Really Is Different
Without any real scalable sources of wealth, modern monetary theory is the belief that manufacturing wealth by driving increases in asset values which works as long as someone else is stupid enough to pay more than the last person. This escalator is fueled by immigration. A common denominator of these zoonotic diseases is the...
India still pulling its punches
On the Tibetan plateau, the two nuclear-armed nations have thousands of soldiers massed along the disputed border high , after a June clash. The clash left at least 20 Indian soldiers dead. Very recently, India and China agreed to ‘quickly disengage’. And China has just returned five Indian nationals who strayed into Chinese...
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