Tricky balancing act.
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There is no denying that some forms of social support services help to uplift a country's economy.
The big question is how much is too much and how little is too little.
Ang pagbalik ng comeback...
The question is whether it helped or not. Granted, the desire to make housing more affordable, via laws passed under Bush, Clinton and Dubya, is what led to the subprime bubble.
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In Singapore, on the other hand, providing affordable housing and housing financing helped create the middle class boom that fueled the city's economy through the 20th Century.
Ang pagbalik ng comeback...
Reality: Economic consequences of interventionism apply equally well with Singaporeans
Mish's Global Economic Trend Analysis: Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?
Credit Bubble Rhymes with Trouble | Zero Hedge
Malinvestment - Mises Wiki, the global repository of classical-liberal thought
Last edited by safeorigin; May 2nd, 2016 at 10:30 PM.
Damn, son! Where'd you find this?
Chavez style socialism...
Venezuela should be rich, but its government has destroyed its economy - The Washington Post
The price bubble isn't about socialized housing. It's about speculative hot money inflows. Ultra-high demand and stable economy mean everyone wants to buy real estate there.
And as noted in zerohedge, it's part of a regional trend, not specific to Singapore alone.
Yipee-kay-yay... we're heading for another AFC...![]()
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Yeah... the question is COST EFFECTIVENESS. I dug deep into that housing mess and we not be solving anything under the current system. YET, we spend 2% of the GNP on it.
We could spend all the treasury but still be neck deep in problems.
Also, it is as if we do not have a middle class boom in this country.
Which One Are You: Ideologue or Pragmatist? - YouTube
Para sa mga progresibo dyan, sana hindi kayo ganito lol
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About half-right. Had me nodding till about half-way through the video when he turned it into a partisan rant against Ameircan liberal political positions without accepting how this also afflicts American conservatives. (I do agree with him on the hypocrisy of those positions, however).
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It is perfectly possible to be pragmatic without having an ideology. Or to derive an ethical values system absent of ideology.
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if you ask me what's also not being discussed, it's the impossible "virtue" known as altruism being promoted
how can a person help others without desiring it first?
and there's also the value of the individual constantly set aside for the sake of the group
I won't be surprised if these stuff are pushed through even more in the coming years
Damn, son! Where'd you find this?
Elite K-8 school teaches white students they’re born racist | New York Post
lol
so much progress
What Happens When Your Research Is Featured on ‘Fox & Friends’ - The Chronicle of Higher Education
hahaha
victimhood is now considered a profession![]()
Damn, son! Where'd you find this?
KING: ISIS terrorists aren’t Muslims — they're just evil men - NY Daily News
Yeah, pero pag Christian gumawa nyan ang sasabihin nyo... "kayong mga Kristiano talaga mga ..."
Ganun lang eh no.