Insights for one on ones with Friend said in Singapore

Countries are starting to feel threatened by a centrally controlled Chinese economy that works
- one belt on road
- tight coordination between government and companies
- relationship was good until 2008 before which US helped China grow rapidly
Trump’s tactic as a strategy to consolidate control in the government
- of lowering tax rates for bringing back funds to US
- tariffs on other countries to drive up USD exchange rate
- VC might consider doubling down on existing companies
impact
- Chinese economy slowing down
- Chinese merchants extracting money from companies and laying low while tsunami passes
- US companies implicated
- most Singapore companies not thriving
- increased occurrences of suicide in Singapore
- Port activities slowing down in Singapore, potentially moving to Tuas Area
- will last for next 7 years
- demand for entertainment/tourism will increase to stave off feelings of aimlessness
- Tired looking grab driver
On transition period for next four years
- high risk and uncertainty
- foreigner disadvantaged in US with Trump as president
- be wary of entering into legal agreement overseas
tech trend
- when everybody going high tech
- Time to go really low tech
- focus on cash flow and avoid liabilities
- Go into farming and buy a piece of land
- Uber caused a lot of accidents in Singapore hence banned
NUS school of computing requires students to have triple AAA in their A levels before they could even be considered for admission

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