Friday, 26 February 2021

According to economist Jamus Lim of WP, currency speculation can be stabilising for an economy.



Well, what do we know? According to economist Jamus Lim of WP, currency speculation can be stabilising for an economy.

Try telling that to countries that were deeply hurt by the Asian Financial Crisis.
So what would it be like to have a WP Government based on what they have said in Parliament so far?
Workers will be earning just the minimum wages.
Carbon tax will be raised by 25 times its current rate with costs filtering down to every household.
Popular schools will see their funding cut to make them less popular with students.
Non-violent criminal records will be expunged.
State land will be sold for revenue to spend.
The full size of the Singapore reserves will be revealed to the world and currency speculation encouraged to help stabilise the Singapore currency.

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