http://www.channelnewsasia.com/stories/afp_world_business/view/1153203/1/.html
The world is topsy turvy.
In Singapore, our inflation is at an all time high. Yet our interest rates are at an all time low. This encourages more borrowing and investment. Thus pushing UP or maintaining inflation.
Thanks to the US and Europe for flushing the world with money. There is nothing we can do. In Singapore the rich will probably get richer and the poor will probably stay where they are. If you are asset rich your assets will most probably have appreciated by a huge margin.
Please everyone... no more economic policies for the insane.
Yours Sincerely,
Daryl Lum
(+65) 9009 8731
visit my website @ www.DarylLum.com
read my blog @ www.DarylLum.blogspot.com
