The cost of bringing up a child in the neighbouring countries is so much
cheaper than in Sin City. We are talking about anything from $500k to a
million from cradle to adulthood. How much would it take to bring up a
Chinaman, and India Indian, a Viet or a Pinoy? A fraction. How much
would a university education cost in these countries compare to an
education in school? Incomparable.
When a graduate from these countries landed a job here, he is going to
earn real Singapore dollars. And for every 10 years spent working here,
he would have earned enough to last him 30 years when he returns home. I
think I have to exclude China from the formula as their city living
makes working here no longer meaningful.
In the case of a Sinkie, he would need to work at least 10 to 15 years
to cover the cost of his upbringing. And he would be left with another
15 years or so to work before he is relegated to the underemployed PME
brigade. By then he would be in his 50s and no longer employable except
being self employed if he is lucky.
The big problem is that he is going to live another 20 or 30 years and
have to cope with the high cost of living and medical expenses during
his last remaining economically unproductive years. What does this mean?
It says that during a Sinkie’s last 15 years of economically active
years he must earn enough to support himself for 15 + 20/30 years, or
simply he must earn 2 or 3 times his needs in this short span of time.
In the case of a FT who came to work here, his income will allow him to
live for 3 times the duration, or to enjoy a full retirement. In the
case of a Sinkie he needs to earn 3 times his income before he loses his
jobs if he is to enjoy his retirement.
The formula really works against the Sinkies. Exceptionally high cost of
growing up, but relatively low income, inadequate to see him through
his retirement. In the FT case, low cost of growing up but needing only
to work one third of his life in Sin City and will have enough to enjoy
the remaining two third of his life in retirement.
Did they say the cards are stacked against the Sinkies? Everything he
earns is just enough from hand to mouth except for the top earners. And
where got enough to set aside to last his remaining life in the
supposedly retirement phase? Most Sinkies will never earn enough or save
enough for retirement unlike the foreigners.
Rb //
ReplyDeleteDid they say the cards are stacked against the Sinkies? //
Needless to say. Even IDIOTS know. But some deafs still dunno. Yew say are they LOONG CHONG worst than 呆子?
Anyway, YEW kpkb so much also no use. 对牛弹琴。 对那些又聋又呆的那里会有用?
Confirmed LOONG CHONG 是呆子。no wonder sinkies hv this sinking feeling! Sinkieland PG leaders like GKS and TCC likely "tearing" in their graves!
Not 呆吗？
请kee chiu!
你说呆不呆?
Furthermore, there is little chance that this child will survive the attacks by the very hungry aliens who grow up in slumps, dungeons, caves who will resort to unscrupulous and dishonet methods the gov allowed in. We have to behave gracious but they can be treacherous. How to fight a bunch of barbarians without any tools?
ReplyDelete@ b. // Furthermore, there is little chance that this child will survive the attacks by the very hungry aliens who grow up in slumps, dungeons, caves who will resort to unscrupulous and dishonet methods the gov allowed in. //
ReplyDelete//How to fight a bunch of barbarians without any tools?//
DO NOTHING. Let whoever let them in作法自毙. SIMPLE. Last time said "On your side", this time on "foreigner side". Next time on whose side? On yewr backside how? Kena "screwed" haplessly? So best do nothing. Let them作法自毙. See show can liao.
Thanks for an insightful blog Mr Kopi Man. The truth is a bitter pill to swallow. Many know this already; Sinkipoorease = Losers, through no fault of their own.
ReplyDeleteRb: " The cost of bringing up a child in the neighbouring countries is so much cheaper than in Sin City. We are talking about anything from $500k to a million from cradle to adulthood. How much would it take to bring up a Chinaman, and India Indian, a Viet or a Pinoy? A fraction. How much would a university education cost in these countries compare to an education in school? Incomparable."
ReplyDeleteExactly! Even many youngsters know about such sick formula lined up for them down the road. Yew go around sinkieland and find out yewrself. Most youngsters will give YEW the "MIDDLE FINGERS" albeit behind Yewr back, some might just do it in front of yew purposely and walked away after a while after Yew are fuming mad. When their LEEDERS let them "die their business" behind their backs in policies making, how do YEW expect back? Respect? Gratitude? More like TWO BIG "MIDDLE FINGERS" right in YEWR face. YEW really think all the students idiots by JACKING UP THEIR FEES EVERY YEAR and give FOC to foreign born students yet the guys, their boy friends, future husbands waste 2 years of ns to protect all these money grabbing money greedy aliens. The STONES are cast! YEW HAVE LOST YOUR FINAL CHANCE!!!
/// The cost of bringing up a child in the neighbouring countries is so much cheaper than in Sin City. ///
ReplyDeleteWhat about the cost of mentoring a Minister or even Prime Minister in Singapore?
What is the salary cost of these Ministers?
What is the cost in policy mistakes and poor judgement?
What is the salary of the Mentor Minister who is doing the mentoring?
Is the Auditior General auditing the quality of the Ministers and the Mentor Minister?
"Most Sinkies will never earn enough or save enough for retirement unlike the foreigners."
ReplyDeleteRB
Sure or not?
If that is the case, then most Sinkies will also be very unhappy with PAP, tio bo?
Then how come PAP could still get at least 60% votes from Sinkies every election so far?
60% Sinkies is not most Sinkies meh?
If not, then how many % Sinkies is considered most, u tell me lah?
The hint being given out now is to get rid of the talk of retirement age for sinkies.
ReplyDeleteNow, they abviously put out this message to test the reaction of sinkies, but whether positive or negative, retirement age will be removed eventually.
Sinkies better be prepared to work until they drop, to pay their pigeon hole and stay alive. Forget about retiring at 65, 67 or whatever.
I cannot say whether living longer will then be a blessing or a curse in red dot. It probably depends on whether you are benefiting from the system or are screwed up by the system.
All bitching aside, Singaporeans are doomed to a life of working, working and more working maybe till they drop dead. You vote for your government and put them in power. They decide what to dish out to you and how to manage your pathetic lives. If you do not want this current life there are things you can do. You can vote them out, you can leave your pathetic little red dot, you can crawl into a little hole and die or you can pretend that you love the Singapore way and smile. So sad for you all. Me, I will work here, earn much money to send home and when the time is right I will give you all 2 middle fingers and fly home.
ReplyDeleteRb:// Most Sinkies will never earn enough or save enough for retirement unlike the foreigners. //
ReplyDeleteIts not just in terms of cost of living but the total degradation of the quality of life and the INCREASING LACK OF MEANING AND REASONS to continue doing things as it is.
Those on TOP seemed to have gone from bad to worst. All the window dressings and cosmetic changes since 2011 have been totally nullified and exposed the TRUE FACE and "TOTAL DISCONNECT" of the ruling class in the latest and curent incident.
It seemed NOTHING short of a drastic change can alleviate the many imbalances felt and experienced by many in the masses. Going forward, the true feelings of many might harden another notch up the more those on top continue to pray pray, make fools out of themselves and continue to act and carry out their ways as if they are Emperor Qin. It can only catalyse and accelerate the days of eventual reckoning. Sinkies having been so tolerant following the Little India riot but have been set upon again by outside forces and those on top willingly swallowed the "bait and trap" hook, sink and line and apparently still not knowing what is it all about. The line has been crossed. 孰可忍孰不可忍。这样的日子还能过吗
Emperor Qin died.
ReplyDeleteAnd for many days, the smell of his rotting carcass was disguised by using salted fish.
Why?
Because the eunuchs and Ministers did not have any confidence in themselves or the succeeding next emperor.
http://en.wikipedia.org/wiki/Qin_Shi_Huang