Who would ever think that Singapore would implode when it is now touted as one of the most successful and richest country in the world? Everywhere you turn is success in Singapore. The pay of all the elites is in the millions, multi millions just like model USA. Singapore is like a miniature copy of America in everything, following America, imitating America in practically all its policies for economic development.
When the Americans switched from a manufacturing nation to focus on the service and finance industries, Singapore followed suit. When the Americans started to sell junk bonds, introduced computer assisted trading in the stock market, derivative trading, Singapore did the same. When the Americans started to pay their CEOs in the millions, Singapore could not resist and did the same, now even chicken rice businesses also pay their CEOs in the millions. Everything the Americans did must be good and just follow blindly. When the Americans started to bring in foreign talents in droves, Singapore did the same and forgetting that the USA is a continent size country with more than 330m in population while Singapore is but a little piece of rock with barely 5m population. This did not stop Singapore from wanting to import more foreigners to make it 6.9m or 10m or 15m, as if it is of continental size like the USA, unlimited land.
America is now imploding. The facade of growth is hidden by its ability to print free money that Singapore could not. The unrestrained rise of cost of living, high property prices, high medical cost, high insurance, high legal fees, high education fees leading to students ended up in debt just in paying tuition fees, high taxi fares etc etc are now the norms in Singapore. Trump is now kicking out as many immigrants as he could for robbing the jobs of the Americans. Singapore is still sleeping and did not see that this is the same problem that would be politically very costly to Singapore. Instead of following Trump to kick out excessive foreigners, Singapore is asking for more.
Singapore is not the USA and is foolish to follow everything the Americans are doing without thinking and not looking into the mirror. The problems and crisis the Americans are facing would be repeated in Singapore. Singapore does not distill or filter out American policies that may not be beneficial to the island, and some are obviously harmful and damaging.
China learnt from Singapore. China also learnt from the Americans and the rest of the world but very discriminating in picking only those that are useful and applicable and discarded those that are harmful. China is very conscious of keeping the cost of living low for its people, keeping the salaries of political leaders and CEOs of private companies within reasonable limits, keep transportation cost low, medical fee, tuition fee, housing low to be competitive in the world market. There is a lot of wisdom in how China embraces, follows, learns and adopt American and Singapore's ways of doing things. China is moving very fast in its competition with the Americans but would not suffer the same kind of problems the Americans are facing. The experience of Americans in their exchange with the Chinese in the RedNote app is very telling.
China is keeping the pay of CEOs and political leaders very lean vis a vis the Americans. This in a way allows the Chinese to price their products and services very competitively in the world, and keeping the cost of living low and bearable to its people.
America is imploding though they keep telling the world that all is fine, their economy is rock solid. If that is so, there would be no need to make America great again. If that is so, there would be no need to lie to the American people about how good their life is and China is collapsing, the Chinese people are suffering and having a hard life, under an oppressive regime.
When would Singapore implode under the weight of high cost of living and high cost of everything, and the load of providing good jobs and everything to foreigners and new citizens, like the USA?
3 comments:
Absolutely! Not forgetting the push for mRNA vaccines, during the mandate delaying non-mRNA ones. The non-transparency and silence on "excess death". Adopting the FDA and American playbook!
No sooner or later the Red dote may even have logo name as Make Sinkieland Great Again ( aka MSGA) coming in SP60 th national building campaign with all its marketing gimmicks tat everything is A okay & tip top, not forgetting the coming erection that the white lightning strike party wud capitalize on giving hongbao monies prior to this.
That why I posted before that we should apply to be the 52th state of the USass. Then we can have the money printing machine available. No more NS, more opportunity for SPG/LGBTQ, all Actor/Actress can go to Hollywood directly. We can have 1 Nuclear power plant build here, which is good enough for the country & can even sell the excess power to neighbours. Forget about the so call unknown "trillion" of sg reserve, we common peasants won't be able to see/use it anyway. Am sure all the banana here would love my suggestion...hahaha
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