PRC: Why I choose Singapore to emigrate
Last night I had a dream. I dreamt that I was a middle income Chinese living in Shanghai. I’ve made a small fortune there. I have a wife and a tender child about to enter pre-school. We do not speak English. We envy those who could speak English fluently. My wife and I are determined to seek a better life for our child with...
Market Psychosis, Global Economy, Financial Cycle
Goldman Sachs, Jeffrey Gundlach and Bill Gross have all collectively sounded risks alarm on rising equities and bond markets[ LINK ]. The huge disconnect between stocks and bonds is particularly disturbing. Of late, the 10-year bond market is wildly volatile, notably in the US and post Brexit UK. One class of investors will...
Redbean thinks he’s Confucius, critics’ ‘insects’
But first, this appeared in the letters page of the Economist. Sovereign claims The dispute over territory in the South China Sea, you say, constitutes a contest between “an American idea of rules-based international order and a Chinese one based on what it regards as ‘historic rights’ that trump any global law” (“Courting...
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