@LoftusSteve Very obviously he's a fantasist but I was shocked when, after the FT had exposed his lies, he received moral support from the best writer on matters financial..
@iAmJoshHunt Hedge fund exposure is mostly due to the basis trade. The DMO is also storing up trouble for the future by shifting issuance to shorter maturities
@Ameer_Kotecha Couldn't agree more. In 2014/15 there were dozens of murders, in otherwise peaceful Penang, attributable to Rohingya who sought refuge in Malaysia
@aljhlester@ShipleyWrites You do realise, that on your definition, Malays are not indigenous to Malaysia. Do feel free to travel there and inform them (you can buy a one-way ticket because you won't be coming back)
@MrRBourne "Big Bang" in 1986 was essentially a modernisation of the London Stock Exchange but the left has rewritten the narrative, in an attempt to blame Thatcher, by trying to link it (incorrectly) to the GFC in 2008
@DanNeidle The income limit for HDB flats in Singapore seems to work rather well (with the inevitable caveat that it's applied within a well-functioning society)
@KathrynPorter26@ZackPolanski A good proportion of those billionaires are foreign nationals and there's no realistic prospect of taxing their wealth (often held in assets overseas) anyway
@emergenteffects Interesting parallel with Malaysia, where Malays used their political dominance to negate control of many sectors of the economy, by the Chinese minority