Yes, i know i shouldn't be blogging so much since I AM ONLY LIKE 50 SOMETHING DAYS AWAY FROM A LEVELS.
note: A Levels is a very big major exam in Singapore where students hate to go through but go through it anyway because we are kiasu & kiasi.
note: kiasu & kiasi is a very common term in Singapore used to describe "scare to lose" & "scare to die"
All right, backtostudyingiamsodeadihaveeconsexamtomorrow.
Talking about Econs.....
Did You Know.....
-Singapore is in a very awkward position because any wrong moves from USA and we get pulled down too.
-The US is in a huge debt crisis of about a few billions worth of bonds
-They need to do something e.g cut government spending or increase tax to pay their debts
-BUT their government is split into two halves. The Opposition and The Democrats.
-They have differing views
-Therefore, they are unable to come to a conclusion to DO WHAT THEY NEED TO.
-Europe's economy is unstable
-So is Japan's?
-Singapore's main trading partners are US, Europe, Japan.
-go figure.
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