11/04/2024

Inflationary economy is like feeding Peking Duck or French Goose

 Everyone is familiar with Peking Duck and French Goose being forced fed to grow and grow with little concern to their health and well being. They are just being forced fed for the table. Period.

An inflationary economy is quite similar to force feeding ducks or geese, not by productive, innovation or technology, but by simply adding more numbers, any kind of numbers, to inflate the GDP. Singapore is in a way an inflationary economy, with the population as the main contributing factor. Just grow the population at all cost, 6m, 10m, 15m, you can see the saliva dripping from the mouths of the proponents of this economic policy. They shafted aside all the negative consequences of extremely high population density and the big squeeze in this tiny piece of rock. They can only see the good side and refuse to discuss the negative impact on the people and the economy. 

The inflating of the population has basically one goal, consumption, consumption and more consumption. More people, more flats to be built to sell to the people, more food to be consumed, more demand on essential services, just to inflate the GDP. With more consumption of everything, and everything that Singapore does not have, does not produce, means everything has to be imported. Food, oil and gas, electricity, consumer goods, bricks and mortar, water etc etc. And don't forget about the need for more jobs, more schools, universities, more roads, trains etc etc. It was building roads, housing, etc etc because there was a need to do so. Now it was reckless creation of needs to build more and more of everything when there was no need to do so.

At the present level of population, the demand and supply of goods and services are still fairly manageable and stable. But given the trajectory of the advocates of high population for inflationary growth, the demands for water, gas, oil and electricity would be enormous. It is no wonder that they are talking loudly about going the nuclear route to meet the demands for power and electricity. And the discussion, like the proponents of high population, is all goodness, absolutely no problem with nuclear energy and the risks associated with it. Best to brush them aside, not to be discussed or mentioned at all. Just assume all is well.

The big question, what is the purpose of a nation state? To strive for economic growth at all cost, even to dump millions of foreigners into the island, for economic growth? Is growing population, or bringing in more foreigners into the islands and to create employments for them, to look after their well being the responsibility of a sovereign nation state? And are the risks of high population and its tons of associated problems and the big risk of having a nuclear station beneath our homes worth it, necessary to flirt with such dangerous solution that need not be necessary if we just stop the population growth and look at other options for economic growth?

The govt of a nation state has responsibility to look after the well being of its citizens, to provide good jobs, good housing, a good way of life. It is NOT responsible to foreigners for the same things. There is no need to bring in so many foreigners, to look after them, to provide jobs and housing for them, at the expense and risk of the citizens, to compete with the citizens for education, space and everything, and to risk nuclear accidents.

What do you think?

11 comments:

Anonymous said...

To provide sufficient housing for influx of foreigners, they destroyed the nostalgic historic Singapore race course . ..

Virgo49 said...

Good morning All

In one interview talking of China.

LHL stated that China's population has slowed down but should be okay as they could have their peoples at their current status and even less in the future to be trained in less labour intensive jobs due to their technologies and their also smart and industrious peoples.

So question is Why Singapore with their also mostly highly electrocuted, oops apology peoples do the same?

Ours been trained and studied from even aged two or three from kindergarten to the Unis or Polys till aged twenty plus cannot have high quality advanced technologies professions?

Why churned out just insurance and property agents?

Hawkers, Grab par hong chias drivers and parcels and food delivery men and women?

Why need.to have another two or even four millions In?

What happen if there is a World Crisis and Pandemic and Recession and Depression?

How you are going to have gainfully employments for them?

Also think of the clamped and stressful crowded environment where now so many are already seeking mental health.

Own Singaporeans worry for the liviehoods and future.

Don't just Auto Pilot and live now with your high paying renumeration and won't be around to see the sufferings of the young and the new generation which you are no longer here.


Anonymous said...

In our kind of political system, the rulers set the policy and whether it work or not is not important to them. If it work, claim credit, if don't, change to another ministry, pass the shit to someone or retire & enjoy their millions. The easier way of making the GDP growth (sweet bonus for rulers) is to increase the population. As long as more that 50% of sinkies don't kpkb, the rulers will so as they pleased.

Virgo49 said...

Thai Prime Minister Patongdan Shinawatra has received approval from Parliament and the King of Thailand to immediately invest $110 billion in future projects, including:

1) Kra Canal

This Thai canal project will bypass the Strait of Malacca, saving 1,200 kilometers of round-trip voyages to China. The project will cost about $28 billion and take about 10 years to complete.

2) Just like Saudi Arabia, schools are making Chinese compulsory. The Thai Prime Minister now stipulates that all primary schools, middle schools and universities in Thailand must learn Chinese

The Prime Minister's policy is not only that Thailand 🇹🇭 should learn Chinese culture, but also that Thailand needs to spread Chinese culture.

Prime Minister Patongdan Shinawatra is only 38 years old, and her great-grandfather is from Guangdong, China 🇨🇳

Anonymous said...

She is Chinese. Knows her roots. Knows who is more important to Thailand.

Thailand has the largest overseas Chinese population of more than 9 million. Malaysia is second.

Anonymous said...

Thailand has picked the winning side.

Virgo49 said...

Yes you are absolutely right Anon 11.53

Six to ten millions for GST, COEs, BTOs and made sure the MRT and buses FULL everyday.

Then throw some chicken wings to make sure they the worker bees ai see beh see ai wak beh wak.

Our Opposition MPs should bring up more important issues like the BTO housings and their policies instead of dogs and cats in housing flats and makan kakis.

Last week accompanied my son to make his first payment for his upcoming Flat.

He asked how come mine no HDB first timer grant.

The arrogant HDB Machik shot back you did not submit your working history of your renumerations and CPF's contributions for the period of when you made your application.

His reply oh I thought the period is now after the application!

Let me ask "why must a Singaporean MUST be working before they grant them the grants? "

What's the logic? You mean not working within that period then no grants?

As long as they can afford the payment why you worry they work or not?

Some strike ten millions Toto!

Oh apology, if really then he or she don't want your pigeon hole liao!

Secondly , why must Singles be penalised to pay 15K additional for the pigeon hole.

She snorted then get married lah!

I replied that is that person perogative!

Anyway it's foolish to get married and have slaves for the government again.

My bachelor friend lamented. Throughtout my working life of 40 over years I been paying income tax more than others and also served NS.

Never apply for a flat before. Now get 2 roomed flexi and had to pay full price without any grant as I had retired.

On top of this I had to top up 15K penalty.

You think I will vote PAP?

So where is the logic on these absurd policies?

The worse is that this bachelor friend of mine is so naive and worshipped the Papies as God before had a Melaka apartment and condom, oops apology Condo.

When he applied for his pigeon hole he declared in all his honesty that he had private properties.

Was told to get rid of them when he was allocated a unit within six months of getting his keys.

Manged to dispose off and shown the dumb Estates Officer or Manager all the transactions and lawyers documents and payments etc.

They insisted that they wanted an Official Document or Ceveat from the Matland Authority.

OK OK paid lawyer to get one.

Submitted the document in Malay Language and they insisted that they wanted an English One.

My God are they so dumb?

Must be in Eng Kok ah?

Matland must give you one in Eng Kok ah? You don't have your Malay Higher Estates Officers or Managers to read ah?

Also understood quite a number of Wallflower ones in the HDB that must be promoted to wayang a bit for your peoples satisfaction ah!

No wonder the Machik so how lian?

No eyes see these Evil Serpents






Virgo49 said...

Sinkiesland is DOOMED for sure!

Anonymous said...

Malaysia could have been a very prosperous country if not for its racial politics dominated by the Malays stifling its progress. If you look at Thailand, the Thai economy is dominated by the Chinese and the Thais are not envious of the country being able to chart progressive course with the Chinese helping the economic development. No such thing as having an economic policy favoring just the Thais alone. It was to be a win-win situation.

Thaksin Shinawatra is a Hakka Chinese, one of many rich Chinese in Thailand with Thai names dominating the Thai economy.

Virgo49 said...

Also just to add.

Why must only penis-lise, oops apology penalised Singaporeans that they cannot own private properties overseas in order to apply for a BTO flat?

Afterall, my friend's properties are all in overseas and have nothing to compete or steal anyone chances of allocation a unit?

He also joined the queue without even any priority like some lucky privileged others who still complained that they are NOT happy.

Don't tell me that your beloved Talented Foreign Ones have no property in their own homeland?

Must they also have to dispose them off in order to qualify?

You think they be so honest that they will declared in all honesty like my daft friend?

Also how your smart alecs going to check their declarations so?

I chided my daft friend why you wanted so earnestly to buy a clamped shoe box pigeon hole here at an extortion, oops extoribiant price when you alreday had fully paid apartment and condo in Matland which are even ten times bigger than your now claustrophobic one?

So many Sinkies yeaned to be in your shoes and now are paying top monies to buy one.

Whereas you had brought them cheep cheep long ago.

So many Sinkies now moving to Matland to stay

Even celebs or slaps ones.

Aiya takes all sorts to make a World ah!

No eyes see.

Virgo49 said...

https://theindependent.sg/man-says-he-feels-helpless-because-singapore-no-longer-feels-like-home-as-layoffs-housing-prices-and-job-competition-are-on-the-rise/