please spare me the crap. this guy is one of those useless economist or banker. He is on the contrarry not well regarded figure in the research community, as his advice and analysis is always very general and plagiarised from respected views from overseas ecnomists eg AFTER the asian financial crises , he said the region would be in economic troubles for a few years. any idiot can see that. AFTER 2000 dot com bust he said the damage is limited but he was wrong as the world and singapore economy tanked and made worse by sars and 911. after 2008 lehman fiasco, he said csomething vague about banks getting into difficulties. My uneducated maid can tell you that. he views are biased, always trying to talk up the market and full of crap. great to know this useless banker got fired .have no sympathy for these sycophants