https://www.youtube.com/watch?v=Zlt7qnRrZ0g
This car reminds everyone of the minis in the 1960s. Cheap and good for the young, and allowing the young not only the freedom of a car to drive around, also their creativity to redecorate and redesign the car with all kinds of attractive modifications.
The price of this car is about the price of 3 iphones.
Singapore went through that stage of development when the young could enjoy life with relatively cheap things. Today the young hardly could afford to pay for a small car without cutting off an arm or a leg.
China's rejuvenation is bringing the good life to the masses, to the average Chinese. Hope they did not do the silly things to raise the prices of everything so that only millionaires could afford and gloat about and to flaunt their wealth at the lesser rich.
In the 60s, things in Singapore can be bought cheaper than in neighboring Malaysia. and we take pride that it's due to Singapore's efficient trade sourcing and distribution.
ReplyDeleteNowadays, . . . the astronomically paid natural aristocrats are raising GST higher even as ordinary Singaporeans are suffering from the highest cost of living in the whole world !
In the old days, sinkies got their piles smuggling all kinds of items to all the neighbouring countries. Sg was centre of good distribution for the world. The goods cost much less on Singapore than almost all other countries. That was how Sin became rich.
ReplyDeleteBut the reverse is happening, Singaporean themselves and foreigners are smuggling into Singapore for decades and will be further aggravated by e-commerce.
When a government keeps increasing taxes, and fees, and rentals, and property prices, that is a very clear sign that the leaders are horrendously incompetent, lazy, looking for short-cuts and devoid of ideas to spend less and find other sources of revenue instead of keep milking the masses.
ReplyDeleteBetter don't langah in that car. Sure die.
ReplyDeleteOne is free to pursue happiness and enlightenment in whatever way one chooses to interpret them. Wealth is just one of the Pursuit, however not the Ultimate nor only way to live meaningfully. One who single-mindedly goes for wealth does not definitely lives happier or more enlightened. Period
ReplyDelete@ RB
ReplyDelete>> Today the young hardly could afford to pay for a small car without cutting off an arm or a leg. <<
Singapore’s Young Super-Rich Snap Up the Island’s Priciest Homes
You'll find the same thing happening in China too. In all my trips over there (pre COVID), I'd notice more and more young faces wearing expensive clothes and driving the flash cars.
Politics around the world are going to change because at the top end, the kids are getting richer, quicker. These are the people who will influence policy going forward. They don't have the stale old thinking of their out-of-date Boomer parents. They understand exponential growth and the VALUE of networks and how to MONETIZE those networks using SOFTWARE.
Wealth follows a power law distribution as opposed to the "bell curve", where most of the data is centered around the mean. That means a few rise to the top and dominate and get the "bulk" of the spoils. A"long tail" is where the wealth of "the others" lie (diagram)
60 Good Class Bungalows sold last year, DESPITE the "cooling measures" the PAP introduced. A large proportion of those was bought by relatively younger people. That is absolutely saying something. Numbers are numbers, data is objective as you get...they tell stories. It is up to you to "figure out" what The Data are saying.
I mix around a lot with these young folks. For the most part they are COOL, much more open and human than the "stuck in the mud fixed ideas" of previous generations, sadly mine especially. The smart forward-thinking ones have "imagineered
a world in the future unfathomable to most tired oldies. A world of crypto and AI, bio-hacking, smart drugs and psychedelics (LSD will be legal soon), green, sustainable dirt cheap energy, genetics, virtual worlds, new ways of organising which will make governments and nation-states OBSOLETE (DAOs aka Decentralized autonomous organizations), virtual and augmented realities, new types of sensors to create new emotional experiences.
And they help each other, because they grew up "connected" by social media...wich is how they can build their networks and monetize them so rapidly. For e.g. IKEA has 800 million customers and it took them around 50 years to get there. FaceBook has 4 billion and they took less than 10 years to achieve that.
Apple's free cash flow is $100 billion pa. You can add up all the FCF of all the top carmakers and probably the airlines and it'll still no beat Apple---which arguably has the ost valuable network (closed network, "walled garden") of loyal high-spending customers.
The Apek Brain simply cannot fathom this kind of world, but the youngsters grew up thinking this way.
SAIC Design (the people who designed Wuling Hongguang Mini EV, made by SAIC) Look at HOW BLOODY YOUNG these people are. No wonder the Mini EV is so "hip" and "un-boring", but totally sensible. It saves young people money but gives them a great experience and elevates their "social status" as a cool, young urbanite.
It is not that the car which will change the world. It is THE THINKING coming from the young minds which are the same thinking and minds which will render the Boomer world obsolete, and introduce new cool things and IDEAS. ๐๐ป ๐๐ป ๐ป
It is not the Conservative that is destroying the Society and the World at Large.
ReplyDeleteIt is he Young, advance and selfish
Younger generations that do the Damages on Earth.
@ Virgo (sour grapes)
ReplyDelete>> Cantonese saying "Meh Sae Kor" Hokkien saying "Ar Beh See Kae" <<
Can't stop people saying stupid things or others who make quotes out of context.
The future belongs to the young. We're all going to die, become irrelevant, and all the lousy ideas of our generation will go away with us.
The young will make their own mistakes, and luxuriate in their own achievements.
@Virgo,
ReplyDeleteMan you're outdated. There's so many centi-millionaires & billionaires in S'pore below the age of 40.
They're all buying big fat properties coz they can see big inflation coming.
It's only a handful that's been highlighted in the news buying GCBs in the last couple of years e.g. founder-entrepreneurs of Sea, Grab, Secretlab, TikTok, Razer, Lazada, Qoo10.
Many are also children of old money or seasoned businesses e.g. son of Haidilao's founders bought a GCB next to his parents' Botanic Gardens GCB last year.
Many are newly converted sinkies. A lot looking to stash their money outside of China. This has accelerated with the crackdowns on the rich there.
And S'pore is opening doors wide open for those with $$$$$$$$.
ReplyDeleteHaha.......
All the Money shall be used to invest in oversea asset and venture. Most are making money in Sin up to now and maybe the Next Five to Ten
Years. The Savvy Youngs are not hoarding wealth like their forebears. They splurge as tomorrow may end anytime. Many seek fame and are not as humble and discreet aa the Older Generations. WSG and Matilar are good examples. No doubt they are talented in some ways, however, they are only welknown here, Holland Village and Bangkok. Elsewhere, they are like anyone in the Street.
Whatever,
folks like them shall have to leave their fortunes to others. There is no legal tender for it elsewhere.
Cheers