Starvation? Not in Singapore
With escalation of food prices, the crisis could lead to war and starvation. But complacent Singaporeans need not worry. We are safe. With money, nothing is impossible. We have spent billions in our investments and have billions more in reserves. What is one or two millions more to pay for food. Now, what is $22b as compare to $2m? It is $22,000,000,000 to $2,000,000. There are quite a lot of zeros there. The removal of GST from rice will save the Singaporeans 7% and this is only a few millions a year. Singaporeans are simply lucky, and can continue to be complacent. Actually incorrect. Singaporeans are lucky to have such an efficient govt that plans ahead and accumulates so much money to cushion a rainy day.