I was catching up with three of my good buddies (ex-colleagues from my first job) over lunch and one of them remarked that he was not so sure that the growth and “good vibes” of the growing economy for 2010 was sustainable. He could see rising COE prices, prices of good class bungalows and private property as well as long queues for taxis and crowds thronging restaurants and cafes being signs that prosperity is flowing around. But can the tap continue to flow?

As I gain more little grey hairs and my skin starts to become less soft and flexible, I realise that age is catching up. But with age comes wisdom. Not because I can predict what will happen in the future, but because I have seen what had happened in the past.

Turning Back the Clock

Rewinding the clock back to 1997-98 and it was the Asian ...