The Swiss Franc has strengthen “only 18%” against the Euro on a single day in 15 Jan 2015. In a nut shell, do you know that products made in Switzerland is approximately “18% more expensive” overnight! It is not everyday that you experience such double digits currency movements! For more reasons of the overnight appreciation, you […]
3 Swiss Products You Should Avoid Now Read More »
We all know that Saudi is a huge oil exporter and is influential in dictating oil prices. D Currently, oil prices are at all time low of US$50/barrel (versus $100/barrel not too long back). So have you considered why don’t Saudi cuts its oil production to prop up oil prices and its own export revenue?
Three Reasons Why Saudi Arabia Does Not Want A Higher Oil Price Read More »
We all know that the rise of Hitler and Nazism in Germany after WWI was mainly due to the unfair terms in Treaty of Versailles. But do you know that rise of Nazism was also partially related to Economics, in particularly, an example of hyperinflation? Unable to sustain the debt repayment to its creditor countries
Hitler and Hyperinflation Read More »
Do you know that the Russian rouble has tumbled over 50% of its value against the US dollar for this year? So what is the big deal of a huge depreciation of the rouble? And what has sparkled this Russian Rouble Crisis? Now for illustration purpose: if 10,000 roubles can buy an iPhone one year
Do you know that the Bumiputra policy adopted by Malaysia has costed the Society and the Economy dearly to such an extent that Malaysia is deemed as a wasted opportunity? With a huge population of approximately 30 million and ample raw materials like crude oil and palm oil, why is Malaysia still significantly lagging behind
Malaysia, A Wasted Opportunity. Read More »
Quote: “物以稀为贵” – 唐·白居易《小岁日喜谈氏外孙女孩满月- Do you know that it was Mr Bai from the Tang dynasty that first discovered the Paradox of Value instead of Mr Adam Smith? I happened to overheard a couple talking about this Chinese quote and decided to use an economic concept to describe why is this so. Do you
Do you know why despite a huge 1.3 billion population, cybercafes in China struggle to stay afloat? Is China Cybercafe losing money fast? And do you know there are some Economics Principles behind this phenomenon? For those that do not know what is a cybercafe, it is typically a dark commercial unit cramped with many
Why do Cybercafes in China Lose Money? Read More »
“Better Scores Now Needed For NUS Arts Faculty” (original article) “Remember the days when one B and two Cs would get a student into the arts and social sciences faculty of the National University of Singapore? Not any more. This year, A-level holders needed at least an A and two Bs, despite the faculty taking in
Better scores now needed for NUS arts faculty Read More »
Do you know that Economics can also be used to explain the rampant scans in Sim Lim Square? In particular, this is a classical example of negative externality in Singapore. Despite being “famous” for the wrong reasons, these unscrupulous shops like #mobileair still seem to be growing strong. The following article provided a very good insight on
Negative Externality in Singapore and The Economics Behind Sim Lim Scams Read More »
Before you are able to benefit from this final tip, I would require all of you to go through the mental exercises before reading further. Spend 3 minutes on each scenarios with your eyes closed and visualize: 1. Scenario 1 – Imagine you are waiting outside the exam hall, waiting to go in to do
5 Tips to do well in A levels Part V Read More »
