In his weekly commentary, SMU Adjunct Faculty Larry Haverkamp said that the future of Singapore’s economy is a mystery. The first part of the mystery is that Singapore “still can’t relax since the 0.1 per cent growth was an early estimate and the more accurate revised figure will be released in a couple of weeks”. The second part of the mystery is that the 2013 loans restrictions on home and car loans are likely producing an unintended consequence with the GDP. He also noted the multiplier effect because one’s “savings always becomes someone else’s income”, which may explain the slowdown in Singapore’s GDP and “create a ‘perfect storm”.