The new gold mountain金山
California or North America were once called the land of gold mountains in the 19th century. This honour should rightfully go to the new star called Singapore. It now boasts of an average income of US$56,532 per capita in 2010 and the number would balloon to US$137,310 in 2050. Even if S$1 could buy US$3 by then, it is still a handsome amount to be had. The Sinkies would be the richest people on earth several times over.
With this forecast, our population would be 20m or 50m if we are not careful. The citizens of the world would be forming a beeline here, to be in Sin. And Sinkies, what are you waiting for? Go and make babies quick. The average income of these future Sinkies would be almost US$100k when they are 28. And they could easily buy the best HDB flats even if it costs $5m each. No problem.
And this number is only applicable to the average Sinkies. The top 10% could be earning a hundred or two hundred times that. And it would be something like US$10m or US$20m that. Maybe this is too small as many are already earning this kind of money today. Make it US$100m or US$200m, think that would be more likely.
I would not know how people of other countries will be getting. Neither would I know how much it will cost to buy a home or a car or a plate of chicken rice then. But throwing such numbers around today is like day dreaming and saliva dripping from the corner of the mouth.
The future for Sinkies is very very rich. There should be no reason for Sinkies to worry about affordability in bearing children. There is a good life ahead for them. The best the world can offer.
Just a question. How many of you are earning US$56k pa today? Actually the average Sinkies today should be earning at least US$60k or S$78k. Anything less is below average.