You know how the government justified that their purchases of Barclays, Merrill Lynch, UBS and Citigroup are like once in a lifetime opportunities. Nevermind if it loses money, we are buying sound instituition which would otherwise not be offered for sales.
Fact is, of course they are not for sales if they are doing okay. The [...]

With Singapore Straits Times Index closing more than 6% lower, one cannot help but feel a crisis may be coming up. In this post, let us dissect Singapore’s economy as a whole.
The reason for today’s fall mainly stems from the crisis in United States. United States under Bush administration seems to falter when it comes [...]