Quote of the Day
Quote of the Day Prof Cohen pointed out on a public lecture in LKY-school on 13 Feb 2007, that the 6.5 million population is risky and will have dire consequences. "Singapore does not grow its foods, so it is dependent on a world economy that permits trade. If there is no trade, Singapore is SUNK!". Maybe the govt can consider giving the people and new citizens an option. Since everything here is run like a business and with bottom line the main consideration, let us compute the wealth of each citizen in Singapore, using the value of the piece of real estate and all the monetary value of the nation's assets. With this figure, every citizen be allowed to opt out of this country and be paid that amount. Funny that I use the term opt out so naturally. And any new citizen coming in can acquire a citizenship by paying an equivalent amount. I think this is fair as he/she will inheriting the wealth of a nation built up over the years by several generations.