Why most wealth in the world today is illusory to begin with.

Why most wealth in the world today is illusory to begin with.

Anders Hoveland (Jun-07-2012) wrote:

Re Thread: Is more debt worth Keynesian policy?
Unless a country has previously held on to budget surpluses to cultivate a savings account, it will not be possible to pursue Keynesian policy in a recession (increasing government spending) without increasing debt in the near term.
[emphasis here and as follows= added]

For all accidents, insurers in Singapore compensate 3rd party victims first, reclaim eventual financial liability later.

ponpokku wrote:

Re Thread:[Ferrari accident] Should assets of Ma Chi be frozen immediately for (re-)compensation?
u r making a mountain out of a molehill.
and no, personal pocesssions shall not be trespassed. if we allowed the govt to do that to ma chi's properties, it would happen to us one day with some dumb reasons. i can never under-estimate how low the govt can go.

[Ferrari accident] Not reclaiming compensatory costs from Ma Chi's estate would be symbolism that in Singapore, crime does indeed pay.

Hospital/ Insurers not recovering compensatory costs from Ma Chi's (>S$3.4M) estate would be admission that crime in Singapore does indeed 'pay'.

How giving up one's seat on the bus can save our economy and oneself some $$$.

How giving up one's seat on the bus to the needy can save our economy by reducing taxes for all.

[Img Source: Girl Refuses To Give Seat To Disabled, Slapped By 100 RMB]