Home » 2008 » November

What’s Next

Seems like it never just rains, it pours. If you’re in the Singapore government, it must have been a bad few months. You gave yourself a big time pay rise at the beginning of the year on the basis of your brilliant economic management. Then...

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Still Denying it

“Senior Minister Goh Chok Tong, urging those with the means to continue spending, or the economy ‘will really go into a recession’ ” – Straits Times 07 Nov 08 So what do you call contraction for 9 out of the last 12 months? Talk about...

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Another take on the cause of the recession.

As words like global financial crisis, credit squeeze, bank rescues get thrown around more and more often. There is no dooubt now that we’re in a global recession scenario. The only question left is just how bad it’ll get. It’s interesting that on the same...

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