Author Archives: josh

Guilt-edged investments: Singapore’s latest ponzi scheme explosion

I like to think that all of JRE’s readers would be smart enough to run a mile if they saw an investment advertising returns of “20-25% per year guaranteed!”.  Unfortunately, a phenomenally large number of Singaporeans and Malaysians weren’t:  KUALA … Continue reading

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The Dating Game: Singapore Edition

In yet another desperate attempt to prop up its declining birthrate – and unlike Mentos’ hilarious bow-chicka-bow-bow National Night campaign, this is not a viral marketing stunt – Singapore has resorted to bribing its youth to go on dates with each other. … Continue reading

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Thought for the day

…or, Why The NT News Won A Walkley Award: I STUCK A CRACKER UP MY CLACKER – that’s reporting. WHY I STUCK A CRACKER UP MY CLACKER – that’s journalism.  I think there’s something in that for all of us. 

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OBVIOUS TROLL IS OBVIOUS

Darwin’s NT News (“all the news that’s fit to print – and all the news that’s not!”) has kicked up a minor diplomatic incident by calling Singapore “a place where people think shopping is a sport and are so materialistic that they’ve stopped … Continue reading

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It’s like the last flight of Concorde… except not.

I was more than a little disappointed to hear that Singapore Airlines (one of the good things about living in Disneyland-with-the-death-penalty) is pulling the plug on SQ21-SQ22, its 18-hour nonstop over-the-top flight between Singapore and Newark (the best airport in … Continue reading

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The canary in the coal mine

Aussie non-bank lender Banksia Securities (S&P: unrated; Moodys: unrated; Fitch: unrated; Dagong: AAA+++++ WOULD BUY DEBENTURES AGAIN) has abruptly shut down and called in the receivers as of late last week.  it looks like the rural finance company’s mortgage book … Continue reading

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Angels Over Alcatraz

Angels Over Alcatraz, originally uploaded by Shiny Things. The Blue Angels make a low pass over Alcatraz as part of their San Francisco Fleet Week show. (Bonus: here they are, flying in over the Golden Gate Bridge.)

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Blue Angel

Blue Angel, originally uploaded by Shiny Things. More Blue Angels photos to come, but here’s the first of a few cracking photos.

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…first as tragedy, then as farce

The country that gave us bubbles in real estate, equities, jade, paintings, shares in paintings, table salt, fermented tea, fake French wine, 19th-century stamps, silver, dead-caterpillar fungus and walnuts has just seen the collapse of a bubble in chrysanthemum tea.  The excellent Sinocism blog has the story, mostly untranslated; non-Chinese-readers can hit this … Continue reading

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Bubbles in everything, or, chronically negative real interest rates will mess you up

The country that gave us bubbles in real estate, equities, jade, paintings, shares in paintings, table salt, fermented tea, fake French wine, 19th-century stamps, silver, and dead-caterpillar fungus is now inflating a bubble in… walnuts? Reuters Insider has the 24fps … Continue reading

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