Infidelity - The Andy Ho Twist

We spent some time last week speaking tongue in cheek about lust and the sweet young things and about ladies night. The issue was how lusty and alluring these young things were compared to the more mature and experienced ladies in their matronly age. Who would be of more value to lure men to spend money on them in night clubs and to sought their company? It was all about how sex sells. Andy Ho has given the issue a new twist in his article in the ST today. He compares the value of the womenfolks with the value of aged women like his grandmother. Interesting way to include grandmother into the discussion on human lust. Now I am amused. Cheers Andy, for the humour.

Golden Period or Golden Era

There is a big debate going on now. No they are not arguing whether it is a period or an era. It is about who owns the most gold. And gold is what people should be going after. The prophecy of Matilah is coming true. The fiat money is shrinking so fast that once it took $1 million to buy a home, now it is going to take $2 million. Once it took $3 to buy a plate of noodle, not it is $4.50. Once it used to be $4 or $5 a trip on a taxi, now it is $8 or $10. The safest thing to do now is to convert all the fiat money to gold. Soon we may be trading, buying or selling things with gold when the fiat currency turns into banana currency. Good luck to your $200k or $1 mil savings in the CPF when you lay your hands onto it. Now you know why your savings will never be enough. Better to ask CPF Board to allow depositors the choice to convert their savings into gold. Welcome to the golden period.

Myth 147 - The good news myth

The landlord goes to his tenants with the good news. The economy is doing very well. Property prices are going up. But he is going to increase the rental by $500 a month. And another good news, he is giving the tenants 3 month's of rebates. So for three months in a year he would waive the $500. And a sweetener. Every month he is going to provide one packet of 3 in 1 coffee free for his tenants.

Why are prices higher?

Lilian Lee Pei Lin went to Shop N Saves and found that all the prices are higher than it used to be. And there are many signboards shouting loudly that the store is absorbing the 2% GST increases. A pack of eggs used to be $4. Now it is $4.08. Anyone needs a calculator? Wondering why is she asking 'Why are prices higher?' It will be more fun is Shop N Save puts up another sign saying 'It is good for you.'

A surprising GDP growth

8.2% yoy growth in the second quarter and economists are revising the whole year estimates which can possibly be double digits. That's a big surprise. Would there be surprising news for the people, I mean the citizens, the good kind of surprises? Basically, what's in it for the people? Higher income, higher employment rate, higher prices, higher costs? Would the better than expected economic data be justification for raising fees and rates in good times, quickly before the feel good moment is gone? That may not be surprising. Not at all.