@yadab@michaeljmcnair FX management (to support exports), subsidy of production at expense of households was a feature of N.Asian development model (Korea & Taiwan, then PRC). This started before middle income status and declining population, and has continued as economies have matured.
Unitree Humanoid Robot Daily Training 🥳
Have you exercised today? How about training together with a robot?
Please use robots in a friendly and safe manner, and keep a safe distance.
@JustinWolfers Perhaps also consider comparing to average annual returns over longer periods. In last 25 years annualised total return on SP500 was c9.9%; in last 10 years c12.0%. So while underperforming global ex-USA ytd, still an above average year for S&P500.
@MothershipSG Out of how many? It seems that 15 million receive free meals per day. Also, what was the base rate of school child food poisoning before the programme, and for the general population? Of course, not good for any poisoning, but it may not actually be a big problem?