Sin City has peaked
Sin City has reached new heights in many things and it is looking like hitting its peak. Many things just cannot go up anymore or at its last leg, another last hike and that is about all.
Top on the list is income of political leaders. Raising this will bring about grave consequences or angry disapproval for sure. Housing prices are still going up, but for how long, when the income level is not going up except for those living in the stratosphere? COE and car prices are peaking at the same time.
Population, there are two major school of thoughts. The super talented will tell you that 20m is ‘sup sup suey’. The lay people will not want any of it and rather stay at this level. Unbelieveable that birth rate is at a record low of 1.2 percent and population is growing exponentially. I personally think that the capacity to support people in this piece of rock is reaching its peak and optimum level. Anything more is madness. How many of the unthinking would go along with this madness is frightening.
The talent pool for political office is drying up or peaking as well. Every batch the quality is not getting betterer than the previous batch. And many bright young professionals are not coming home and the talent pool for political office will now have to come from the newly minted citizens whose credentials are suspect, whose certificates and qualifications need to be scan under a microscope.
The land for use is also peaking and the only way out is to demolish and rebuild higher and higher. Roads and rails capacity are also peaking as well. Is there really any more room for growth at the rate the land is being used up?
Even the number of straight A students for PSLE, A and O level are peaking and if not stop, every student will be getting straight As.
Rentals, medical fees, cost of living are also peaking and the strain on the people is showing. Hospital and medical services are at a peak that no one even realized. Someone with a toothache will be given an appointment 6 mths down the road. His immediate pain is hopefully taken care off some time down the road, like Natcon.
MRT capacity is definitely at its peak level. The next challenge is to be as world class as Tokyo in terms of passenger per train car.
The only thing that is not peaking is probably the number of millionaires. There are 800,000 HDB flat dwellers waiting to become millionaires. This would be the last peak I think. Oh, I miss out another major peak, with a lot of room to grow. Don’t forget the minimum sums in the CPF savings. These still got a long way to peak. Did anyone whisper ERPs and GST?