Move Over Putin’s Russia! Lee Hsien Loong’s Singapore Should Be the King of the Economist’s Crony Capitalism Index
A few days ago the Economist updated its Crony Capitalism Index, for the first time since the newspaper brought it out in 2016. The intention of the index was to […]
As PAP Leaders Look Forward to Another Year of Outsize Earnings and Prepare to Raise Taxes on the Poorest, More Singaporean Families Go To Bed Hungry
PM Lee has said he expects the economy to grow by 3-5% this year but that will still only make the economy about 1% bigger than it was at the […]
A List of the 10 Richest Politicians in Singapore Is Undoubtedly Fake News But Still Grossly Underestimates LHL’s (and His Wife’s) Personal Wealth
Recently my attention was drawn to a list published by a South African news site which purports to show Singapore’s 10 Richest Politicians and their net worth. This appears to […]
Indranee Rajah Misleads Parliament by Falsely Claiming Singaporeans Will Be Protected from the GST Hike for 5 Years. Should She Be Referred to the Committee of Privileges?
In his New Year Message PM Lee Hsien Loong said that “the Government will have to start moving on the planned hike in Goods and Services Tax (GST) in Budget […]
Singaporeans Refused To Pay for PAP Propaganda So LHL Will Now Use Your Taxes To Corruptly Keep His Government in Office
Singaporeans have been forced for decades to pay for the privilege of being forced to consume PAP fake news, disinformation and brainwashing. After Lee Kuan Yew shut down the last […]
In my last blog I satirized the fact that, instead of regular cash dividends from Singapore’s massive and secret pile of financial assets (which I estimated here could theoretically be […]
SoftBank Just Announced It Lost US$54 billion on its Chinese Investments. How Much Has Temasek Under Ho Ching Lost?
On Monday SoftBank, the Japanese technology investor, announced that its net asset value had fallen by the equivalent of US$54 billion in value in just three months, or more than […]
The last week has brought a distinct feeling of deja vu. Firstly, we had the decision to close Yale-NUS, which was spun as economic but was clearly a political decision. […]
The last few days have seen a savage sell-off in Chinese tech stocks that has wiped hundreds of billions of dollars off their market capitalisation. The Hang Seng Technology Index […]