Tag Archives: economy

金融危机

孩子:妈妈,金融危机了,涨点零用钱吧?妈妈:你怎么没说“金融危机”了,把你那50元的零用钱给减免掉,大家一起共度难关呢?

Ouch!

Read the following comment in some forum (can’t remember which): “When it’s boom time, invest. When it’s down, withdraw. Why risk the money? OUR MONEY. Even with inflation, my portfolio of saving accounts and fixed deposits outperformed Temasek. Didn’t yours?” Related post: Does Singapore have the right people?

Does Singapore have the right people?

“People who take credit in good times and blame external forces in bad times do not deserve to lead.” ~ Management guru, Jim Collins When times are good, the elite PAP ministers with helicopter vision in Singapore claim they can see further, analyse deeper than lesser mortals, so they should be paid an outrageous amount… Read More: Does Singapore have the right people? »