China Property Bubble Could Cause $600 Billion in Bad Debts
China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong Kong Ltd. Commerzbank AG said such a drop could...
What’s happening, one year after GE2015
It's been 1 year and 26 days innit? I mean that's the time since the general election in which the PAP received its current undisputed mandate from heaven....... oops from the people. What has happened since? Lemme see................. No new social spending initiatives - the good old Pioneer Generation Package and other stuff...
ISA Detentions and Restrictions, From “Communists” to “Terrorists”
On 10 September 2016, Singapore held its first and only public forum on the Internal Security Act (ISA) at The Agora. It was organised by Function 8, a non governmental organisation deeply concerned with the misuse of the ISA from 1948 to the present day. Thousands of ordinary citizens, politicians and activists were arrested,...
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- Papa PARDON Son Democracy SRFR on A more open, consultative approach
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- SINGAROAR on A more open, consultative approach
- PAP mandate strong on A more open, consultative approach
- PAP BEHAVES LIKE TRUMP on Fear-Mongering Over Tariff Fallout Rings Hollow Without Hard Data
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