Wednesday, August 18, 2010

Economy: Singapore vs. US

Just a quick commentary. I arrived in my second home of Singapore roughly 3 weeks ago. Since then, I have been working non-stop--literally 12-16 hours a day--on a software development project with an overly ambitious deadline. Therefore, you must excuse the simplicity of this post. It is late, and I'm lucky to have a thought in my head.

En route to Singapore, I had a stopover in Japan. My first observation was the obvious: the yen had strengthened quite a lot against the mighty US dollar. My overall experience in Japan has confirmed the value of a production-based economy.

 

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