tricycle economy

Easy to propel forward. Easy to stop and stand still.

No fear of falling (gravity) and no incentive to pedal forward (inertia).

The blessing and curse of a stimulus-dependent economy.

To move  forward, one needs to fight both gravity and inertia.

An extra wheel offers the illusion that things are stable and safe. But it does not create momentum.

If we start with Apple and ATT network, then where are the “B”‘s companies which are the engines of growth? BP?

Then we got C for China. They are going to play soccer today on world’s stage.

This comes after their space exploration and oil exploration.

China has government subsidies as well, But it empowers the province level to bid for businesses.

And if we skipped to S, we have Singapore. And it is a success story there.

Singapore now allows casinos. But only after it opened to…