Oh its my first paper on a friday morning

Can pass but the question is pass with what grade?
Horrible English. No wonder I was corrected and had to buy someone strawberry magerita ha. Perhaps when its all over, I should go buck up on my English.

Followed by back-to-back exams on monday and tuesday, Im getting delirious. Well at least when I picture a certain someone in my head, it does push me and I think i needed it.

Time to fuck the exam paper over. Its about time I own u 2006 dcn2 paper.

UPDATE:
Wah pui chao nua. I owned the paper till the last question. Good bye HD. I guess thats how you distinguish HD students from D students

Man u 2 - 0 Liverpool

My Macro economics revision

Paying over the odds for Shincorp was bad. Once taking over, they realised subsidiaries were incuring debts during Thaksin's reign but were closed one eye(for obvious reasons) and that now they have to bear the brunt of it which equates to S$3billion. You might have heard similar dissenting remarks in connotations of "Cheng hu give bigger progress package to Thailand!!".

Then we start infering that the deal was not adhere to legally and now are forced to reduce the stake to 49% down from 96-97%. This forced sale if given the green light equates to Thai baht $20 billion loss. Simple math conversion points this to S$847 million additional losses.

You thought Suzhou was bad, but the Shincorp saga takes the cake literally. But Temasek takes on multiple investment portfolios, so in theory the damage is 'cushioned' but is definitely very substantially damaging as seen from reports of Singapore trying to salvage the Shincorp saga with Thailand's which I would like to put it, unofficial psuedo government.

So what are the repercussions? From economics 101, this points to a government budget deficit. And no one likes to see or think about 'deficit' because this means higher interest rates. Good for for saving but not for investment. This only accelerates the relocation of factories which translates loss of jobs.

Of course, to rectify it, you just need to collect more taxes and pray your other investment are making returns. Hence GST 8% comes nicely in place next year. And then we get a reality reminder from Mr Brown's rants before he got browned by Bhavani, that prices were rising.

Indeed but hey! No prizes for guessing who shoulders this burden.

"More good years ahead."

Economics

I personally, everyone should study the basics of economics. I took macro and when I read the papers, it all makes sense now.

Why foreign talent was needed, why our GDP is stagnanting, and that andy xie from morgan stanley was right about Singapore's a place for attracting indonesian laudered money and why gahment didnt restore the CPF to 40%.

It all just made perfect sense, other than occasional bullshit from the incumbents. Now we know why private property prices rose while hdb prices dwindled.

If you are into playing shares in future, it pays to read up on economics, banking and finance. It wouldnt guarantee returns, but it makes u a much smarter investor than the average joe.

Moved

I finally moved last saturday. It was hectic, busy and I'm just beginning to settle down. Would take a picture soon.

I ma farking nerd

I feel so tired and jaded and my exams are like round the corner. My life can be summed up in mathematical way : (work+study)^n
I have no idea what is an appropriate value, all i know is I cant wait to finsih my cb exams and get that respite, do some running and gymming and warcraft 3 ok?

Then if all goes well, ill pierce another at the other ear, get a tattoo and attend some cooking class and sleep the whole holidays away!
I got summer semester but its as good as having holis anyway! HA.

Got to know this cool fella called Marc who seems to know everyone. Fan of jap labels and he knows the sidewalk10 cafe owner. OH DISCOUNT ON GRANIPH TEES PLS. Got like $300 voucher but it can only be used on capitalland mall. But fuck they dont carry the stores i want! Zara doesnt seem to acquaint themselves with heartlander malls huh.

OH 31st OCT, when you're here, I CAN THROW THE BOOKS AWAY! I got security on 9th Nov, but whatever its like holidaying time yo.

And I'm moving house tomorrow?! 5 blocks away; downgrade from a masionette, just as well, it didnt make sense in the beginning anyway. I bought one system 7 n 2 quick pick for tonight's toto draw of 5 mil! Lmao, i hope i win :P

People ask me why I dont have a girlfriend. Because I dont have the time and im in love with a lesbian whom I can never ever be with; the closest I can ever get is hugs and kisses ok. xoxo