When British politicians talk about debt for "investment", what they really mean is borrowing for more spending. Singapore, a large amount of their debt, is the equivalent of calling all my… (View Post)

I mangled the analogy, but too late to edit. The point is that a lot of Singapore's debt is capital that is owed to their own citizens which has been invested on their behalf for future needs. Which … (View Post)

Sounds like ideal for AI replacement. (View Post)

On Big Ange story, one thing I am uncomfortable with is papers running politicians "pap"ed photos. They did this to Hancock during COVID, on his one day off they would publish photos of him… (View Post)

Singapore GDP growth is much higher than the UK and has been for past 30 years. Much easier to service your high debt if you are growing significantly ever year, which the UK isn't and hasn't been fo… (View Post)