img src=”http://photos1.blogger.com/img/43/5843/160/thinking.jpg”br /br /emfont color=”#0000FF”(P.S: Sorry for any disturbances the advertisements above may have caused you)/font/embr /I do not often like to comment on political issues too vehemently but sometimes I feel so strongly about certain subjects in which I feel I have a reasonable overall grasp, that I have to blurt it out. Temasek is still a political organisation as of now, no matter their claims about how commercial they are (tell me how commercial you are when the former CDF can go straight from the SAF to Head of Portfolio Strategy of the organisation), and I think it will be difficult to shake off the political links. I mean, how can it possibly do so, unless it wants to deny that the money it is handling does not belong to the citizens and the state of Singapore???br /br /So, Madam Ho Ching’s resignation has signalled a recognition of …

img src="http://photos1.blogger.com/img/43/5843/160/thinking.jpg"br /br /emfont color="#0000FF"(P.S: Sorry for any disturbances the advertisements above may have caused you)/font/embr /No it's not the US housing bubble or even the UK housing bubble. Though definitely quantitatively more substantial, the amount of euphoria and the way that prices were being chased up are nothing compared to the greatest one of all -- the English Premier League.br /br /When player wages are inflating at an increasing rate even as global fundamentals are declining you either call that a growth industry or a bubble. Some statistics: in the first Premier League season the average player wage was £75,000 per year, but subsequently rose by an average 20% per year for a decade (source: Wikipedia) and in 2006 a survey by The Independent and the Professional Footballers' Association found that salaries of EPL players had jumped by a massive 65% within one year to an average basic pay ...