Singapore: Capital Is Voting With Its Feet
新加坡经济在第一季度增长 6.3% 后,在 2026 年第二季度同比增长 5.9%。 That brought growth for the first half of the year to 6.1%, an extraordinary performance for an already-developed economy. The government has now raised its full-year growth forecast to between 4.5% and 5.5%, substantially higher than its […]
Credit Out of “Thin Air” Brings Wealth Destruction
Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy.