Measures to cope with the economic slowdown
The typical approach of the government to an economic slowdown is "train workers with new capabilities". We have tried this approach before. It is largely wasteful and ineffective. Are there other ways to deal with the situation? Here are my ideas. a) Give subsidies to business to reduce their business cost, e.g. rental and...
State our grievance clearly
We should state our grievance clearly. We should not vent our anger on the wrong issue or against the wrong people. Let me quote this example. There is a big protest in Hong Kong against the extradition law. Most of the protestors are young people who are not affected directly by the extradition law, but are unhappy with the...
Ban dangerous cryptocurrency and raise interest rates
Dear fellow Singaporeans, I wish to write about 2 issues that are important to our society, banning the dangerous trading of cryptocurrency and raising the poor CPF interest rates. A few months ago, I heard from an old friend in his 50s that he has been having money troubles, due to losses in trading of cryptocurrency. He told...
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