Saturday, October 29, 2022

NRIC as an identity

 Singapore had a good system to identify a resident using an identity card (i.e. NRIC). We should strengthen this system and use it to our advantage.

Elon Musk takes over Twitter

 After completing the purchase of Twitter, Elon Musk removed 4 top executives of Twitter.

Analysts asked - how is Musk going to manage Twitter? He already has too many matters that need his personal attention in Tesla and other companies.

WOTC - Removal of term limit

 Wisdom of the Crowd: 90% of the respondents said that the removal of the term limit for Xi Jinping does not mean that China is becoming more authoritarian.

Friday, October 28, 2022

WOTC - Queues at checkpoint

 Wisdom of the Crowd: 82 % of the respondents said that the Immigration and Checkpoint Authority (ICA) should improve the system to reduce the long queue, which is bad for travelers.

Thursday, October 27, 2022

Wednesday, October 26, 2022

Drop in REIT price

 This article shows the drop in REITS prices for the past year to 26 Oct 2022.

Drop in bond and stock prices

 30 year US treasury bond yield 2% at the start of 2022.

10 months later, the yield jumped to 4.23%.
The bond price dropped by 38%.
For the same period, Nasdaq dropped by 33%, Dow Jones Industrial by 20% and S&P by 22%.

Bonds are not safe. They can drop in price sharply, due to higher interest rate. 

Wisdom of the Crowd - New Issues


1. Is the USD a ponzi scheme?

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Is the USD a ponzi scheme?

How does the Communist Party run China?

 In this short article, I describe how the Communist Party of China runs the country through its Politburo.

WOTC - General election in Malaysia

 Wisdom of the Crowd: 55.6% of the respondents expect a coalition to form the next government of Malaysia. The remainder expect the Barisan Nasional to form the government.

Alternative reserve currencies

 The role of the USD as the dominant reserve currency may change soon.

Tuesday, October 25, 2022

How to resolve labor dispute

 I disagree with the idea that organized labor can solve dispute with employers through strikes. It is a costly way to resolve disputes.

Wisdom of the Crowd - New Issues


1. Why was former President Hu removed from the CPC congress?

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Is Xi Jinping getting rid of rivals?

Premium for integrated plans - age 61 to 90

In this article, I compare the premium for integrated plan for private ward (public and private hospital) for policyholders from age 61 to 90. 

Premium for integrated plans (for non-subsidized wards)

 In this article, I compare the premium rate for the integrated plans for non-subsidized wards (in public hospitals and private hospitals).

Shortage of hospital beds

 What is the reason for the recent shortage of beds in the general hospitals?

Monday, October 24, 2022

Wisdom of the Crowd - New Issues


1. Will Xi Jinping become a dictator and is a danger to China and the world?
2. Is it better for the top leaders in China to comprise of different factions?

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Sharp drop in Hong Kong market

 I bought more shares due to the sharp drop in the Hong Kong market.

Integrated plan that covers private hospital

 Singaporeans are caught in a dilemma. They are advised to stay with Medishield Life, as the premium is affordable. Lately, Singaporeans read that there is a shortage of bed in public hospitals and it could take a few days before a bed becomes available.

Xi Jinping appoint his allies into PSC

 Many western media reported that Xi Jinping has consolidated his power and appointed his allies into the Politburo Standing Committee, which is the top decision making body of the Communist Party of China.

I find this narrative to be dishonest.

Who sabotaged the Nordstream pipelines?

I have evidence

Sunday, October 23, 2022

Wisdom of the Crowd - New Issues

1. Where do you prefer to buy daily necessities?

2. Which pricing model do you prefer?
3. How do you find the promotions in online websites?

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Shortage of hospital beds

 Here is my suggestion to cope with the shortage of hospital beds.

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