When you visit an established shopping centre, have you ever wondered how the variety of restaurants survive amid all the competition? Why do such restaurants choose to be located near each other? Wouldn’t sales dwindle due to the close proximity to competitors? It sure seems ironical to be located close to a competitor. Such clustering … Continue reading Why do Restaurants Cluster?
Two articles in today's Straits Times caught my eye. One was "Reits look like good bets to yield-hungry investors" and the other was "GIC more cautious in going for higher returns". Both talked about a "bubbly" situation. The first article touched on the FTSE ST REITs Index outperforming the Straits Times Index by 4% since … Continue reading Safety Bubble?
These past year has been a tumultuous time for the stock markets. Stock markets worldwide saw great volatility amid various global economic scenarios. The US credit rating getting downgraded to AA+ from top-notch AAA rating in August by S&P and the European debt problem raging filled the financial pages of newspapers worldwide. Even though most of … Continue reading 2011 – A Review
"There are some things money can't buy. For everything else, there's MasterCard" is a famous advertising slogan associated with credit and debit card company, MasterCard. Have you ever wondered how this money is created for you to purchase goods and services? Are all the money in the world just printed from the mint or is … Continue reading The Federal Reserve and Money Creation Magic
I just watched a long documentary on the money system of the world today. The movie is called "The Money Masters" and it traces back history to find out how the current monetary system came about. It is also revealed (a widely known truth now) that the United States Federal Reserve is not a government … Continue reading “The Money Masters” Movie