Amidst all the frenzy and noise with regards to the bullish and feverish economic and property news, the following are two articles which in my opinion, are rather interesting as it offers something that is of the contrary. Capital inflows into Singapore and a low interest rate are inflating assets and such circumstances will come to a stop soon, especially the latter. And when that happens, it is not hard to think of what will the outcome be.
Personal debt bomb
THE real star behind the recent Monetary Authority of Singapore statistics is consumer loans and not business loans ('Business loans surge in sign of upswing'; last Thursday)Jan 5, 2011. Taken from the Straits Times.

Business loans actually contracted from July 2009 until March last year, and showed anaemic growth until the second half of last year.

By contrast, total consumer loans have never declined and have grown steadily with usually double-digit growth year...