Wednesday, May 01, 2019

Charts #21: Misery Index

While we live in sunny Singapore and watch Game of Thrones, bask in rich and affluent culture, there are parts of the world where things can be quite different and miserable. Note: Argentina is not the most miserable country, it's Venezuela which has an index reading of 1.7m, way off the chart below.


Inflation is one big cause. Singapore was once like that. During WWII and then the decades shortly after war in the 1950s and 1960s. Our forefathers pulled us through those difficult times with good economic policies, financial common sense: saving money, balancing the govt budget and lots of grit and hard work.

May Singapore continue to huat!

Happy Labour Day!

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