Old Long Since
It’s now a matter of hours before 2022 comes to a close and we start on a New Year. Everyone is going to be singing Auld Lang Syne and making all sorts of New Year resolutions that will probably not be kept: After the singing and partying to welcome the new year, many people around the world are going to be worrying about...
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...
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