S&P 500 at 7,138, dividend yield 1.10% - a 50-year low. SG residents: 30% withholding on dividends, 0% on Treasury coupons, SGD strengthening ~0.85%/year. A map of US bond & equity channels.
23 · iv · 2026
No more tank-on-tank. The 2026 US military is a network - satellites, drones, F-35s, submarines all sharing one picture. Palantir Maven compressed the kill chain from 12 hours to under 1 minute.
23 · iv · 2026
Bank profit headlines are just the tip of the iceberg. Underneath lies leverage, equity capital, and a risk unique to the industry: a bank can look 'perfectly healthy' right up until it collapses.
22 · iv · 2026
Ray Dalio studied 500 years of data: every empire moves through the same cycle. The Dutch, the British, the Americans - same formula, same ending.
22 · iv · 2026
In the US, inflation pays your loan down for you. In Singapore, CPF pays it down. In Vietnam, you pay it all yourself - and pay more for it. Three mortgage-rate architectures, side by side.
22 · iv · 2026
Nuclear kills 0.03 people/TWh. Coal kills 24.6. One Fukushima is more believable than 8.7 million deaths/year from dirty air - because it's visible.
22 · iv · 2026
Quantum physics through animation: superposition, entanglement, uncertainty, tunneling. The 2022, 2023, and 2025 Nobel Prizes. And the tragic fate of Hugh Everett - father of the many-worlds theory.
22 · iv · 2026
T-Bills have fallen from 4.36% to 1.37%. Fixed deposits are down to ~1%. Chasing 3%+ now means taking on risk. A risk-ranked map of Singapore's savings and investment products for Q1 2026.
22 · iv · 2026
No oil, no mines, no land to spare. Singapore still runs one of the largest sovereign reserve machines in the world - with NEGATIVE net debt.
22 · iv · 2026
The PBoC blames the dollar system. The West blames Beijing. 500 years of monetary history give an answer nobody wants to hear.
22 · iv · 2026
Folio VII of VIII