Ad hoc Annual Report for ASSI.

A potential advertiser asked me for some blog stats and I got this from Stat Counter today:

Click to enlarge.

The green bar for 2013 is so tall that a couple of numbers could not make it into the chart.

I left out year 2009 which was the year I started my blog since it didn't have numbers for a full year.

If I was not asked for this, I would not have gone to Stat Counter to check the numbers.

I thought since I have the numbers, I might as well publish them and share with my readers. You guys are the other half of ASSI. You make the numbers.

Thank you.

Singapore is going to suffer an economic meltdown!

I saw at least half a dozen people posting THE article in Forbes on their Facebook walls and one reader was concerned enough to send the HTML link for the article to me. 

Which article am I talking about?





This: 
Why Singapore's Economy Is Heading For An Iceland-Style Meltdown.

Sensational headlines like this are bound to capture the attention and, perhaps, also the imagination of people.

According to the article, Singapore has a wealth bubble, a population bubble, a credit bubble, a property bubble, a construction bubble and our sovereign wealth funds are at risk. 

Put all these together and we have an epic horror movie that will put "Nightmare on Elm Street" to shame!





AK decided to try his hands at a sensational headline. 

Let's see. What about this?

AKAN DATANG:
"The Killer Bubbles of Singapore!"

Maybe, this will get the attention of the Monetary Authority of Singapore (MAS) too! Too? 

Yup, The MAS has issued a response to the article in Forbes.

This: Singapore is not facing a credit bubble.

First, the property market is now stabilising and new housing loans have also been declining.

Second, household balance sheets are on the whole strong and property asset values are significantly higher than the debts incurred.

Lastly, the MAS said Singapore's financial system is robust.






Read both articles and form you own conclusion. Is Singapore going to melt like Ice, I mean, Iceland? 

Or should the Forbes article be moved from the non-fiction to the fiction section of the bookshop?

Although I am a worrier by nature, I think this is something I will have to pass on worrying. 

The issues are way too big and what good is it going to do if I worry about them?





What is more important for us to do is to work with what we have and to ensure we are prepared. 

Up or down, we want to be OK and we should be OK if we do the right things.

Related posts:
1. How to be truly rich when the world collapses?
2. The secret to avoiding financial ruin.
3. Don't think and grow rich.
4. Be cautious even as we accept higher risk.
5. Young working Singaporeans, you are OK!
6. Millionaires emerge from bear markets richer.