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That's why I said not likely. In any case the US exports enough to fuel an export-led boom that partly mitigated the effects of the crisis during the early stages. Who's to say that a second export-led boom would not spark a domestic economic expansion that would about a recovery? As is the...

Complete nonsense. Stockman is a stupid fuck who doesn't know a thing. That's why republicans can only get elected by appealing to red necks, skin heads, evangelical fundies, nut jobs who burn down abortion clinics, and other stupid people with guns.

I guess with so much misinformation floating around, this sort of idiotic post is unavoidable. The US is hoping that China would dump US treasury bonds. In fact the White House is taking active measures to ensure that it happens. The whole problem right now is that China keeps buying up US...

These pastors would not have thrived if there weren't so many suckers around. Same relation as whores and johns.

Yale's endowment suffered a 25% loss during the crisis. That's probably why they panicked and agreed to sell their brand to the NUS liberal arts college in the first place (I wonder how much NUS paid Yale). Now that Yale's endowment has begun to recover to pre-crisis level, I think they are...

The only reason why Alan Shadrake is kissing the judge's ass is because sentencing has been reserved till November 9. The judge specifically gave Shadrake "a final opportunity to make amends". Of course Shadrake is doing all he can right now to avoid a prison sentence. This is psychological...

And what makes you think you are competent enough to decide whether the judge has been fair? You hardly have the legal know-how to tell whether the law has been fairly applied but after a glance at the judgment you can instantly come to that conclusion. Amazing. Antics like these make you the...

This guy just doesn't get it. In S'pore, your career advances until you cross the 40-year-old mark — you can be an engineer or manager or whatever at that point — but from there on it's downhill all the way. You first become a clerk to be ordered around by the younger guy who took...

Google "singapore entrepreneurs" and the first link that comes up is this: http://sgentrepreneurs.com/team/ No venture capital firm or angel investor in the US would give a cent to this bunch. It's so bloody clear that none of these people have any worthy ideas (except maybe one &mdash...

The main reason is that most S'porean families live from hand to mouth, often with a lifetime of debt in the form of a 30-year HDB mortgage. Since there's no real social safety net, they have to save whatever they can for a rainy day. And since their CPF has mostly been squandered by GIC and...

What is "passage of rites"?

Classic British wit at its best. I wish the BBC still makes shows like these.

I wonder how she would have reacted had the guy carried a full-size kirpan.

The trouble is that an unequal society must, by definition, have people who are on the favorable side of the inequality. They would be the ones who benefit from the inequity — enjoying longer, healthier, happier lives, and in general all the upsides of an unequal society (e.g. cheap and...

I would think his best known song is "Below the Lion Rock" &mdash; Hong Kong's unofficial "national" anthem: <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/sCXwBpcsljg?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param...

This is my favorite Sam Hui ballad. Emil Chau's rendition. <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/E-aWjcCjj5s?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...

Here's another perennial favorite of Rachmaninov: Rhapsody on a Theme by Paganini, 18th variation: <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/MiPcbx7TyM4?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param...

Among the earlier batches of PRC students in UK, many of them made a point of applying for as many credit cards as they could and then maxing out all their cards right before leaving UK for good. The later batches all had trouble getting credit cards from British banks. The somewhat...

Singapore is a police state. It's the opposite.

I guess only in the TV version. In the novel she was just known as Li Qiu Shui's sister (or Wang Yuyan's grandmother) and not given a name. Of course Duan Yu, who's only seen her jade statue and her portrait in a painting, calls her Shen Xian Jie Jie.