A failed meritocracy: Why is Temasek doing so badly?
The Fundamental reason why Temasek Holdings has made so many wrong moves in Financial Markets is PAP’s failed policy on meritocracy. The underlying effect of Meritocracy is Scholars’ adverse reaction towards making mistakes & therefore provoking potentially career ending moves. A Success-only system which has an aversion...
PAP’s policies are the cause of low birth rates and unhappy families
There are a significant number of singles (& divorcees) between 35 to 49 years old in Singapore. If one looks at developed economies, the trend towards singles & de facto relationships has increased over marriage relationships. Globally, housing choices are getting more synchronized to Singles living. In the urban cities...
Singaporeans are being exploited in the backdrop of low oil prices
Crude oil in Apr 2011 - USD116 per barrel Local average pump prices in Apr $2011(Unleaded95)- SGD2.00 Crude oil in Jan 2016 - USD32 per barrel Local average pump prices in Jan 2016 - SGD2.00 Crude oil price has gone down 70% since 2011 but yet, our local average pump prices remains relatively unchanged. I don't know how to...
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