pingcdwsg 
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May 06, 2008
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I never cease to be amazed at the ignorance and delusional beliefs of some of our top-level public servants when it comes to the subject of Singapore's population or carrying capacity. You will find in today's Straits Times (12 July'08), Insight, p. S8, a report about Singapore's former chief statistician, Dr Paul Cheung, and his views on Singapore's population. Here's what …
Many people came to think that it was money that made the world go round, but in reality it was the underlying supply of cheap energy - much of it coming from oil — Colin CampbellCrude Awa …
Can you think of any problem, on any scale, from microscopic to global, whose long-term solution is in any demonstrable way, aided, assisted, or advanced, by having continued population growth at the local level, the state level, the national level, or globally? ---Albert BartlettIf you have been following the news, you should be aware that Singapore ministers keep harping on …
What is capitalism?An economic system based on a free market, open competition, profit motive and private ownership of the means of production. Capitalism encourages private investment and business, compared to a government-controlled economy. Investors in these private companies (i.e. shareholders) also own the firms and are known as …
Diesel prices in Malaysia have gone up by 63% recently. Naturally, this will squeeze the truckers' profit margins who transport vegetables, eggs and chickens to Singapore. Elsewhere in Asia and Europe, truckers have gone on a strike.Trucks transport most of the world's food. If truckers go on strike, where will the supermarkets you shop from import their food?The recent news …
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Finance and Deputy Prime Minister Tharman Shanmugaratnam recently warned of "Sub-par global growth for at least 2 years" (References: Reuters, Straits Times). I think he is being optimistic. The Singapore government is underestimating or ignorant of how peak oil and a planet with finite natural resources can limit our industrial production and severely disrupt our …
ClubOrlov: Hubbert's Third Prophecy1st Prophecy: US oil peak would be sometime between 1969 and 1971. It peaked in 1970. 2nd Prophecy: Hubbert predicted the world oil peak to happen about 1998. However he DID say that if OPEC were to restrict the supply, then the peak would be delayed by 10-15 years which would put it at 2008-2013 3rd Prophecy: A cultural crisis (Arab Spring …
The Government of Singapore Investment Corporation (GIC) invested 11 billion Swiss Francs in UBS in Dec 2007 (LINK) and USD$6.88 billion in Citigroup in Jan 2008 (LINK). GIC plans to hold on to these banks for a long time or, in Tony Tan's words, "many years":We look to continue to hold on to our stakes in UBS and Citigroup for many years to come. - Tony Tan, GIC's …
With the recent flooding situation in Thailand, the price of rice is going to increase. This is only the beginning of a multi-decade long increase in the price of food as climate change, peak oil and a growing population make it increasingly difficult to feed everyone satisfactorily (850 million people are chronically hungry according to FAO). Mr Lee KY thinks that it is no …
But on the supply side, it is not all pessimistic news. There is hope for new sources of supply. Time and again experts have warned that oil and gas deposits will soon be depleted and they calculate the year beyond which mankind will be out of oil and gas. But such talk of peak oil has been proven wrong many times in the past. And they may yet proved mistaken again because …
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