January 16, 2014 0

Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

By News Desk

First, please consider the article Why Singapore’s Economy Is Heading For An Iceland-Style Meltdown . Like Iceland in its heyday, Singapore’s economic stability and vitality – on the surface at least – has made it the envy of the world at a time when most Western economies are languishing with feeble growth, and high rates of unemployment and poverty.

January 16, 2014 0

Thailand: Wall Street to the Rescue

By News Desk

The New York Times admitted in an early 2013 article titled, " In Thailand, Power Comes With Help From Skype ," that:  For the past year and a half, by the party’s own admission, the most important political decisions in this country of 65 million people have been made from abroad, by a former prime minister who has been in self-imposed exile since 2008 to escape corruption charges.  The country’s most famous fugitive,Thaksin Shinawatra, circles the globe in his private jet, chatting with ministers over his dozen cellphones, texting over various social media platforms and reading government documents e-mailed to him from civil servants, party officials say.