Daily Lessons from Life 28 March 2020 - Training to spot fake news n lies!!

"IMDA debunks WhatsApp audio recording claiming COVID-19 can be spread through mail"

and

"Message circulating online about safe-distancing ambassadors imposing fines untrue: Enterprise Singapore"

As if fighting the COVID-19 crisis is not bad enough that some idiots deliberately creating n/or sending out half-truth n untruth to confuse n/or unnecessarily alarm n causes stress on already freaking-out people!

What could b their motivations? However twisted!?

The sick joy of seeing people believing n causing self harm? The ego got stroke bug time becoz people believed the lies n fake news? etc.

Whatever the motivation may be. There should b no mercy when the perpetrators r found n charged, except if they were truly being assessed to b innocent!

Maybe USA n Europe would survive the COVID-19 n the end of the tunnel is near with Chinese's help!!

Daily Lessons from Life 27 March 2020 - Boris the Clown?

"British PM Boris Johnson, health minister Matt Hancock test positive for COVID-19

LONDON: British Prime Minister Boris Johnson has tested positive for COVID-19 and is self isolating but will still lead the government's response to the outbreak.

"Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus," Johnson said."

I watched a video clip abt Boris proclaiming that he met some new COVID-19 patients n shaked  hands with them n mumbling abt everyone has the right to decide whatever s/he wants to do!

As i thinking abt it, maybe it is a deep fake news as it is hard to imagine a fully grown, supposedly well educated, man in power of position demonstrating such highly destructive n selfish beaviours of "I continue to shake hands with everyone i met!"!!

Anyway, UK has to be ready for a big pandemics!! God saves the queen!!

Daily Lessons from Life 26 March 2020 - COVID-19 2nd Budget

"SINGAPORE: Deputy Prime Minister and Minister for Finance Heng Swee Keat delivered a ministerial statement on Thursday (Mar 26), announcing about S$48 billion in additional support measures from the Government in response to the COVID-19 pandemic.

The Resilience Budget has three key areas: To save jobs and support workers; to help businesses overcome immediate challenges; and to strengthen economic and social resilience, Mr Heng said."

1st of all we can dole out these extra money is due to the accumulation of wealth over the last 50+yrs of return fr our national reserves.

This has been estimated to be between 600B to 1T, exact no. not available for whatever reasons.

Assuming the inflated part of the national reserves lost 40% of it's values, we are looking at 360B to 600B. Taking out 18B will still leave us with 342B-682B of wealth. So, Singapore CAN definitely afford this at this uniquely critical storm.

This crisis actually is a very good opportunity for us to critically examine and execute "right sized and right valued" our investment, especially those financial assets that really have no direct connection to the real world! e.g. inflated real estates, stocks and commodities, etc.

The additional relief budget still insist on giving cash to ALL Singaporeans above 21 years old instead of really should be using "mean testing" to ensure only the truly poor and disadvantaged get helps!!

It is great to help with the freelancers. While for the taxi and private hire drivers (PhD), the GLCs like Confortdelgro and SIS,  should understand they too have to "suffer some losses this 2020 from the past accumulated profits" instead of all the cash handouts from the government's coffer; which are taxpayer's money!!

A lot more work need to be done yet!!