dear me,
Remember those days? those days when we could stay charged up the whole day. those were the days of invincibility. when we could do whatever we wanted. i can't get it anymore. my once ago passion has been sapping me dry now i don't feel whole anymore. all i wanted was for march to come quickly again.
dear me, i've been called defiant and unfilial too one time too much. does your dream cause you so much? i don't know about your judgment but i still think it is worth it. next year is the year of harvest and too those of the insult. let me take a break so that i could continue holding me up. i couldn't afford anyone putting me together. i don't want part of my heart to be so far away from me anymore.
dear me, how could i loathe and love myself so much. what paradox. fetch me from faraway.
rgds,
crestfallen me
Friday, November 26, 2010
Thursday, November 25, 2010
Malinger: (v) to avoid work by pretending to be ill
Phantasmagoria: (n) a confused, changing strange scene like something from a dream
Martinet: (n) someone who is very strict and makes people obey rules exactly
Jaunt: (n) a short journey for pleasure
Maelstrom: (n) 1. a situation full of uncontrollable events or strong emotions that make people feel weak or frightened 2. a violent storm
Ignoramus: (n) someone who does not know about things that most people know about
Ignoble: (adj) ignoble thoughts, feelings, or actions are ones that you should feel ashamed or embarrassed about
Cavalier:: (adj) not caring or thinking about other people's feeling
Somnambulist: (noun) someone who walks while they are asleep
Viscous: (adj) a viscous liquid is thick and sticky and does not flow easily
Phantasmagoria: (n) a confused, changing strange scene like something from a dream
Martinet: (n) someone who is very strict and makes people obey rules exactly
Jaunt: (n) a short journey for pleasure
Maelstrom: (n) 1. a situation full of uncontrollable events or strong emotions that make people feel weak or frightened 2. a violent storm
Ignoramus: (n) someone who does not know about things that most people know about
Ignoble: (adj) ignoble thoughts, feelings, or actions are ones that you should feel ashamed or embarrassed about
Cavalier:: (adj) not caring or thinking about other people's feeling
Somnambulist: (noun) someone who walks while they are asleep
Viscous: (adj) a viscous liquid is thick and sticky and does not flow easily
Labels:
miscellaneous
food (or cash) for thought
"Recently the Singapore Straits Times reported proudly : “SINGAPORE ranks fourth globally and second in Asia Pacific in terms of average personal wealth, according to the inaugural global wealth report by Credit Suisse Research.
Average wealth per adult in Singapore has grown strongly in the last decade, rising from US$105,000 (S$137,100) per adult to over US$250,000 in 2010, supported by a period of strong domestic economic growth and asset price increases.”(Oct 8th).
The caption, is to my mind, misleading, while the skimpy ST report conveniently ignores more vital information in the Credit Suisse Report about Singapore.
What the state media didn’t tell was the report mentions that only 3.6% of the surveyed population (4 million Singaporeans &PRs) are wealthy, owning more than a half million dollars, while 2.4% have USD1000 or less. The majority (55%) have wealth between USD10,000 and 100,000 (obviously owning HDB flats), and another 23% whose wealth is estimated at between USD1,000 and 10,000. About 16% fall between USD100,000 and 588,000. So the million dollar question is – which Singaporeans are 2nd richest in Asia and 4th richest in the world?
For the record, Singapore’s median wealth per adult, which is a more meaningful measure, actually stands at just US$30,092. That means half the population has USD 30,000 or less as household wealth. This is a huge difference from the average wealth figure. People at the top end of the wealth average have so much wealth that it skews the average to almost ten times the median. Most other countries do not have such bad skewing, including US (whose average is 5x its median), India (3.8x), France (3.8x), Indonesia (3.6x), Taiwan (3.1x), UK (2.9x), China (2.7x), Australia (2.6x), Canada (2.4x) and Japan (2x).
Further, if we consider the fact that most Singaporeans would have a sizeable amount of their savings in their CPF, the median disposable wealth per adult would be significantly lower.
It is interesting to note that in contrast to classical financial institutions’ definition, of wealth as the amount of “investable assets”, Credit Suisse defines wealth as the value of financial assets plus non-financial assets (principally housing) owned by individuals less their debts. Based on this definition to start with, can the majority of Singaporeans really claim to be “wealthy” when even the HDB flat we live in is only leased to us and most lessees have a mortgage to pay for the greater part of their life.
The study states that household wealth in Singapore grew steadily and vigorously during the past decade, rising from USD 105,000 at the outset to more than USD 250,000 at the end. Interestingly, this increase was due to domestic growth and asset price increases. But wait. How did our “assets” grow in value? That too, exponentially? Remember the selective statistics used to show that HDB flats were affordable? According to the Credit Suisse report, just over 20 per cent of the adult population in Singapore has over US$100,000 in financial and non-financial assets.
Another interesting fact about the study is its analyses are based on adult populations. The report puts the total number of adults in Singapore at four million. Unfortunately the numbers don’t tally. There are not that many adult Singaporeans, according to Singstat. The latest figures indicate that Singapore’s total resident population of citizens and permanent residents, aged 15 and up, is 3,117,300.
Now coming back to median wealth in Singapore. Where do we stand in world rankings? The median wealth is higher in at least 25 countries. Here they are: Singapore is at the bottom of this table

"
-- Singapore 2nd richest in Asia?, The Temasek Review
well said. see how screwed our economy is and how ridiculous the disparity is? could you explain why are we suppressed to the poor cycle while the rich get humongous rich? aren't we suppose to be the first world country whereby our rich-poor ratio shouldn't be in such exaggerating figures? somehow i feel "our assets" are making us poor, tying us down to our country and being cash-strap while looking superficially rich to other countries? educated finance student pls enlighten me. (no sarcasm intended)
no wonder ppl have to work till they die. cause all our money seemingly goes to the faggot-ly rich and powerful. i don't know but this model seems to me like an singapore economy is an epitome of how the first class countries are making use of the cheap labour of the third world to gain loads of profits while depriving them of what they deserve for their hard work. just that both the first class citizens and third world dweller exist in the very same plane. mcdonalds in singapore is one such "country".
Average wealth per adult in Singapore has grown strongly in the last decade, rising from US$105,000 (S$137,100) per adult to over US$250,000 in 2010, supported by a period of strong domestic economic growth and asset price increases.”(Oct 8th).
The caption, is to my mind, misleading, while the skimpy ST report conveniently ignores more vital information in the Credit Suisse Report about Singapore.
What the state media didn’t tell was the report mentions that only 3.6% of the surveyed population (4 million Singaporeans &PRs) are wealthy, owning more than a half million dollars, while 2.4% have USD1000 or less. The majority (55%) have wealth between USD10,000 and 100,000 (obviously owning HDB flats), and another 23% whose wealth is estimated at between USD1,000 and 10,000. About 16% fall between USD100,000 and 588,000. So the million dollar question is – which Singaporeans are 2nd richest in Asia and 4th richest in the world?
For the record, Singapore’s median wealth per adult, which is a more meaningful measure, actually stands at just US$30,092. That means half the population has USD 30,000 or less as household wealth. This is a huge difference from the average wealth figure. People at the top end of the wealth average have so much wealth that it skews the average to almost ten times the median. Most other countries do not have such bad skewing, including US (whose average is 5x its median), India (3.8x), France (3.8x), Indonesia (3.6x), Taiwan (3.1x), UK (2.9x), China (2.7x), Australia (2.6x), Canada (2.4x) and Japan (2x).
Further, if we consider the fact that most Singaporeans would have a sizeable amount of their savings in their CPF, the median disposable wealth per adult would be significantly lower.
It is interesting to note that in contrast to classical financial institutions’ definition, of wealth as the amount of “investable assets”, Credit Suisse defines wealth as the value of financial assets plus non-financial assets (principally housing) owned by individuals less their debts. Based on this definition to start with, can the majority of Singaporeans really claim to be “wealthy” when even the HDB flat we live in is only leased to us and most lessees have a mortgage to pay for the greater part of their life.
The study states that household wealth in Singapore grew steadily and vigorously during the past decade, rising from USD 105,000 at the outset to more than USD 250,000 at the end. Interestingly, this increase was due to domestic growth and asset price increases. But wait. How did our “assets” grow in value? That too, exponentially? Remember the selective statistics used to show that HDB flats were affordable? According to the Credit Suisse report, just over 20 per cent of the adult population in Singapore has over US$100,000 in financial and non-financial assets.
Another interesting fact about the study is its analyses are based on adult populations. The report puts the total number of adults in Singapore at four million. Unfortunately the numbers don’t tally. There are not that many adult Singaporeans, according to Singstat. The latest figures indicate that Singapore’s total resident population of citizens and permanent residents, aged 15 and up, is 3,117,300.
Now coming back to median wealth in Singapore. Where do we stand in world rankings? The median wealth is higher in at least 25 countries. Here they are: Singapore is at the bottom of this table

"
-- Singapore 2nd richest in Asia?, The Temasek Review
well said. see how screwed our economy is and how ridiculous the disparity is? could you explain why are we suppressed to the poor cycle while the rich get humongous rich? aren't we suppose to be the first world country whereby our rich-poor ratio shouldn't be in such exaggerating figures? somehow i feel "our assets" are making us poor, tying us down to our country and being cash-strap while looking superficially rich to other countries? educated finance student pls enlighten me. (no sarcasm intended)
no wonder ppl have to work till they die. cause all our money seemingly goes to the faggot-ly rich and powerful. i don't know but this model seems to me like an singapore economy is an epitome of how the first class countries are making use of the cheap labour of the third world to gain loads of profits while depriving them of what they deserve for their hard work. just that both the first class citizens and third world dweller exist in the very same plane. mcdonalds in singapore is one such "country".
Labels:
life,
miscellaneous
Tuesday, November 23, 2010
dilemma
blood clouds hanging low just like the crimson arrows arching from their bow.
the street lights draw elongated shadows on both sides.
the pavement dead in the silent dusk
and this is the routine i run through everyday.
being alone, being so close to myself.
as i stretched and stretched throughout each day,
more and more towards the tipping point i am.
for a place where i once loved and made sacrifices for.
its an irony after all.
how tiresome and how loathsome to be me now.
but who else could i be except for the one i choose to be.
if you see me mourning, stop and ask, for i will tell the story i so hide.
'this is a square inch for someone who left me be.
for she was murdered brutally and Lord creates all ugly things.'
you probbed, 'who is she murdered by and how'
for this, i will answer, 'oh, what tragedy, she was slaughtered by mass media with their unspoken conformist laws.
i will then proceed to exhume the grave, inside you shall see, a wooden box just of a square inch lying snugly in the hole.
you watch me in disbeleief at the tomb.
let me explain all this, 'it is me who did the ritual for myself.
in the box lies my photo, my soul. part of me is dead. breaking into dust and drifting with the wind. till someone pick up the noble dream and live it well for me.
for now, i will set on a journey to replace me, to feel whole again.
don't be disgrace by me. for this is what i sought. i couldn't stay for this is who i am born to be.
apologies for the valleys of disappointment. i, too,
am learning to be myself.
well and healthy, fit and young, this conquest won't stop.
it shan't end this way.
=================================
rain and shine, who will be there throughout?
=================================
i want to think that everything is fine throughout, that i could go on like that, that everything is in perfect balance, that i got what i wanted. maybe, 6 months ago, all was well and fine but now it couldn't stay the same anymore. how could it be when i am growing every single day and things are still the way they are. its not that i don't love them anymore, i still do. just that what they say about love isn't entirely true. reality catches up one day and you realise you have cause such great disappointment to the ones you have love all the while. this isn't fair for them. i could reason that it is not fair for me either. why should i let them dictate my life? but truth is every decision has their woes. i couldn't satisfy everybody. for me, i am different, way different. even if i don't have their genes, i still have their blood. each inch of flesh and skin, every touch and feel don't belong wholly to me. for the whole song of their lives, they have dedicated it to me. i couldn't be so selfish. i want to be heartless this very much. i want to go and don't run back. i want to take flight towards my dream. but truth is, i still owe them. no matter which part of the earth i flee to, there still be a part of me calling out to them. even if it is just out of the sheer drudgery of responsibility, i wouldn't be able to flee from it. this is what is encoded in my heritage. i couldn't shun. this, i have to embrace the truth that they keep throwing onto me. consensus have to be made but fear not for i won't betray my soul. they think what i do is useless, but even a cent is worth something. i won't halt my heels, for it doesn't justify for it. instead i just change my course. i will break it now, let them learn the truth soon enough. i will see who i am soon enough.
============================
nothing is definite
the street lights draw elongated shadows on both sides.
the pavement dead in the silent dusk
and this is the routine i run through everyday.
being alone, being so close to myself.
as i stretched and stretched throughout each day,
more and more towards the tipping point i am.
for a place where i once loved and made sacrifices for.
its an irony after all.
how tiresome and how loathsome to be me now.
but who else could i be except for the one i choose to be.
if you see me mourning, stop and ask, for i will tell the story i so hide.
'this is a square inch for someone who left me be.
for she was murdered brutally and Lord creates all ugly things.'
you probbed, 'who is she murdered by and how'
for this, i will answer, 'oh, what tragedy, she was slaughtered by mass media with their unspoken conformist laws.
i will then proceed to exhume the grave, inside you shall see, a wooden box just of a square inch lying snugly in the hole.
you watch me in disbeleief at the tomb.
let me explain all this, 'it is me who did the ritual for myself.
in the box lies my photo, my soul. part of me is dead. breaking into dust and drifting with the wind. till someone pick up the noble dream and live it well for me.
for now, i will set on a journey to replace me, to feel whole again.
don't be disgrace by me. for this is what i sought. i couldn't stay for this is who i am born to be.
apologies for the valleys of disappointment. i, too,
am learning to be myself.
well and healthy, fit and young, this conquest won't stop.
it shan't end this way.
=================================
rain and shine, who will be there throughout?
=================================
i want to think that everything is fine throughout, that i could go on like that, that everything is in perfect balance, that i got what i wanted. maybe, 6 months ago, all was well and fine but now it couldn't stay the same anymore. how could it be when i am growing every single day and things are still the way they are. its not that i don't love them anymore, i still do. just that what they say about love isn't entirely true. reality catches up one day and you realise you have cause such great disappointment to the ones you have love all the while. this isn't fair for them. i could reason that it is not fair for me either. why should i let them dictate my life? but truth is every decision has their woes. i couldn't satisfy everybody. for me, i am different, way different. even if i don't have their genes, i still have their blood. each inch of flesh and skin, every touch and feel don't belong wholly to me. for the whole song of their lives, they have dedicated it to me. i couldn't be so selfish. i want to be heartless this very much. i want to go and don't run back. i want to take flight towards my dream. but truth is, i still owe them. no matter which part of the earth i flee to, there still be a part of me calling out to them. even if it is just out of the sheer drudgery of responsibility, i wouldn't be able to flee from it. this is what is encoded in my heritage. i couldn't shun. this, i have to embrace the truth that they keep throwing onto me. consensus have to be made but fear not for i won't betray my soul. they think what i do is useless, but even a cent is worth something. i won't halt my heels, for it doesn't justify for it. instead i just change my course. i will break it now, let them learn the truth soon enough. i will see who i am soon enough.
============================
nothing is definite
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