Your body will forgive you for:
- A poorly slept night
- Too much coffee on a Monday
- Skipping a workout
- A late and stressful dinner
Your body WILL NOT forgive you for:
@FairCapitalismo It's decent up until complex surgery.
Need good insurance cover in case you need to get airlifted for likes of brain/spine surgery.
I pay something like $50usd a month for $500k of cover.
By far the biggest risk in Bali is having a bad accident on a motorbike/scooter.
Just trying to launch my Twitter subscription service for my loyal long term Follows, point is it is meant for genuine investors who can add & hold over 6 months to 2 years , it is not meant for day traders & ST investors with a view of just a few months .
Not looking for a big subscription crowd , already have my clients group to manage
๐๐๐ป
I know most retail investors are under a lot of pressure on their holds in various segments of the mkts . Expecting a turn around upward in the mkts soon, just hang on friends. This is just a violent tree shake in the mkts and real downsides may come much later in 2026 but this is to be confirmed.
In 1965 Malaysia kicked Singapore out of the Malaysian federation, and Tunku Abdul Rahman thought he had won. He had dumped a port city with no oil, no farmland, no fresh water, and two and a half million people crammed onto an island smaller than Lake Tahoe. Sixty years later Singapore's GDP per capita runs past $84,000 while Malaysia limps along under $12,000. The man who got expelled built the richest patch of dirt in Asia. The man who did the expelling built the New Economic Policy.
Let's study what happened.
Start with what Singapore lacked. No resources. No hinterland. No domestic market worth the name. By every theory that says a nation needs raw materials to prosper, Singapore should have starved. Instead Lee Kuan Yew made his country a place where capital felt safe. Low tariffs. Easy entry for foreign firms. Courts that enforced contracts instead of shaking down the parties. Corporate tax dropped to 17 percent, personal rates capped at 22, no tax on most capital gains. Money flowed in because money is not stupid.
Malaysia chose the opposite. The New Economic Policy was racial central planning dressed up as fairness. Bumiputera quotas demanded that ethnic Malays hold 30 percent of corporate equity, that government contracts favor Malay-owned firms, that universities admit by race rather than ability. The state picked winners by bloodline. Predictably, the productive Chinese and Indian minorities took their capital and brains elsewhere, much of it to (where else) Singapore. You distort prices and incentives long enough, the talented people leave. They always leave.
Lee Kuan Yew was not perfect. The man jailed opponents, sued journalists into poverty, and ran a soft authoritarian state with a fondness for caning. He banned chewing gum, which is the kind of thing a control freak does when he runs out of real problems. Singapore is no libertarian paradise. The government owns Temasek and GIC, sovereign wealth funds sitting on close to a trillion dollars combined, and public housing covers 80 percent of the population. Plenty there for a free market thinker to dislike.
But here is the lesson Malaysia missed. Lee understood the difference between an interventionist government and a parasitic one. Singapore's state stayed mostly out of the price system. It kept inflation low, the currency credible, the bureaucracy clean, and trade open. Transparency International ranks it the fifth least corrupt country on earth. Malaysia sits at 57th, with a former prime minister, Najib Razak, currently serving time for looting 1MDB to the tune of billions. One country treated public office as a trust. The other treated it as a buffet.
Capital responds to incentives, not slogans. When Singapore guaranteed property rights and kept the rules predictable, Exxon and Shell built refineries, banks set up regional headquarters, and the port became the busiest transshipment hub in the world. When Malaysia told investors that race would override merit and that the rules could change whenever a minister felt like it, the smart money discounted everything by a risk premium. Over fifty years that premium compounds into a $70,000 gap in living standards.
๐๐ฌ๐ผ๐๐ฟ ๐ง๐ต๐ผ๐๐ด๐ต๐๐ ๐๐ฏ๐ผ๐๐ ๐๐ต๐ฒ ๐๐ฟ๐ฎ๐ป ๐ช๐ฎ๐ฟ ๐๐ฟ๐ฒ ๐ก๐ข๐ง ๐ฅ๐ฒ๐ฎ๐น๐น๐ ๐ฌ๐ผ๐๐ฟ๐...
Read that title again. Then ask yourself why it bothered you. That reaction is the mechanism doing its job... Bookmark this.
A Stanford psychologist named Festinger published "A Theory of Cognitive Dissonance." He proved that when a person holds TWO contradictory beliefs at the same time, the brain treats the discomfort as a problem demanding resolution.
Most people resolve it the easiest way. They reject the harder belief. They accept whichever framing requires the least mental effort to hold.
The Trump administration is running that mechanism on YOU and the rest of the public right now over the Iran war.
You have been told the war is terminated.
You simultaneously observe carriers in CENTCOM, $8.6 billion in arms sales approved THREE WEEKS into the "ceasefire," Operation Sledgehammer and name changes being workshopped at the Pentagon, CENTCOM strikes on Bandar Abbas on May 25, Sirik water reservoirs struck June 10, the Apache helicopter shot down June 8, Hegseth on tape saying he is "locked and loaded on Iranian critical dual-use infrastructure."
Both statements cannot operationally be true at the same time. Your brain experiences tension. The tension demands resolution.
Most Americans resolve it by accepting the easier narrative. The war is over. The military positioning is just prudent insurance. Carry on. Read that again.
It is mass psychology operating under sustained pressure on a population trained across four post-9/11 wars to defer to official framings on national security.
The mechanism does NOT require coordinated media messaging. It requires only the contradictions themselves. The human brain handles the rest.
The pause was never the rest. The pause is the architecture.
Full piece on Substack here: https://t.co/WdBus6JB1N
If you see another reading, tell me.
I look beyond the headlines and make sense of the nuances. If this gave you signal worth keeping, like and consider following ๐๐
๐ฆ๐๐๐ก๐๐, ๐ก๐ข๐ง ๐ก๐ข๐๐ฆ๐!!
Singapore Built Leadership. Australia Built Bureaucracy
Why does a Nation State about as big as an Australian backyard do so well? They have no natural resources, began as swamp land, and yet now are among the most productive and wealthiest people on the planet.
I would say sheer power of mind, discipline, and a shared vision based on a detailed understanding of how to properly balance free markets with the welfare of its citizens.
You only need to compare Singapore's Prime Minister with Australia's Union Hack to understand why we are approaching a trillion dollars of debt in Australia while Singapore has an annual budget surplus. Indeed, Singapore's constitution legally requires each term of government to balance its budget over its 5-year cycle. This is a place with no natural resources, it's astounding...
And let's not even mention the
GIC (Government of Singapore Investment Corporation) who manages an estimated US $936 BILLION in foreign reserves for the benefit of the future people of Singapore. Anybody who really works in finance notices that the GIC are some of the savviest investors around. Whereas in Australia we burn all our money, including borrowed money, on social programs like NDIS which will deliver nothing for future generations. In Singapore migration is clearly curtailed and there is no free lunch, whereas in Australia the doors are open for millions without any vetting or thought as to whether we have the infrastructure to support these people, and despite making having a house even more unreachable for the younger generation.
It's honestly enough to make me cry...