Learning to eat shit blindly
One of the most outstanding characteristics of Sinkieland is learning to eat American shit without thinking. When they said big is good, we went ahead blindly to force merge our local banks into three, with the intent to probably end up with only two, only for the Americans to curse the too big to fail syndrome. The financial crisis brought not only the too big to fail banks to their knees, it also meant that the poor tax payers would have to pay for the crooked ways of the big bank robbers.
Then we went in blindly to sell toxic notes and bonds without knowing that they were more than snake oil, but poison. And the blame was on the ignorant and innocent investors for not doing their homework. Wonder if NTUC sold some poisoned foodstuff and the blame would be put to the people or the AVA?
And the bigger Lehman bond is going to blow in the face of all investors and the finance industry when the stock market goes into a limp when the Viagra used to boost trading activities turns out to be fake, Made in USA. Many investors have lost a fortune and many people in the industry will be losing their jobs and their ability to service the big home mortgages.
The latest, the auntie pattern army uniforms, was copied from the Americans. Whatever the Americans do, we copied. Now, even before every soldier is issued with the uniforms, the US realized their stupidity and is abandoning the pixelised uniforms for a more relevant pattern, which is another farce really. It is not very much different from the one that was replaced earlier. The victims will be the taxpayers for the billions of dollars spent to switch and switch. But that can be expected from the Americans as it is big business interests involved.
Now we will end up with this stupidity and trying to justify that it is the right thing. To me it looks sissy, and nothing like the jungle. It may fit into the wet market or the new botanic garden. And changing it will cost another bomb and another big logistic nightmare.