I write for my own viewing pleasure

Oct 12, 2006

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.

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