Wednesday, February 07, 2024

Sunday, February 04, 2024

Friday, February 02, 2024

Democracy, socialism and communism

 In this article, I explain my perspective of the difference between democracy, socialism and communist. I also explain why I prefer the socialist economic system and the communist political system.


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Wednesday, January 31, 2024

Cost of constructing MRT lines

 The cost of constructing the MRT line in Singapore is several times higher than other Asian countries.


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Cost of commuter train fares in major cities

 The cost of commuter train (MRT) per km is Singapore is similar to other major cities in Asia. It is less than half of the western countries.


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Financial results of Land Transport Authority

 The Land Transport Authority is incurring a large deficit of $3 billion a year. This may lead to big hikes in public transport fare. It is urgent for LTA to rationalize the public transport system and reduced wasteful spending. 

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Sunday, January 21, 2024

Currency manipulation

 The American government has a practice of accusing other countries of "manipulating their currencies". This is a false and dishonest accusation. Here is my perspective.

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Make CNY a reserve currency

 I suggest that China should take the following step to make the CNY as an alternative reserve currency. This will reduce the dominance of the USD in the international financial system.

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Saturday, January 20, 2024

An alternative reserve currency

 I offer this suggestion to the China government to develop the CNY as an alternative reserve currency. This will provide an option for central banks to invest their reserves in the CNY and China stocks.


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Tuesday, January 16, 2024

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