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Why Micron Invest in China Xi'an despite being ban De woh?

k1976

Alfrescian
Loyal
That's the very short sighted and naive part of Singapore govt. They have thought that these ultra high net worth personnel will invest in business and bring the economy life into the red dot.

The ultra rich tiong just wanted to invest in condominiums and assets. They just want to hire their own people to run their family office.

It bring nothing to the table. What they have brought is ultra high inflation. The common people are not spending at all.
They bring tons of "digital cash" to the a
Supply side of the economic equation, but without a matching real increase in productive capital asset, all these "digital money" just went into the property markets to send price to moon
 
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