Minister Ng Eng Hen’s response
Click to enlarge I find Minister Ng Eng Hen's response to China's representative extremely rude and totally uncalled for. Why did he have to use such bombastic words - rambunctious and discombobulating? Why tell a guest that China is free to leave the group? The minister tried to speak like the late Mr Lee Kuan Yew. Wake up...
Talking Rough and Tough
For all PAP Ministers who want to talk tough like LKY, to challenge big country with great economic power like China, they must First get Reality Check. Singapore is just a Little Red Dot with Open Economy which is very vulnerable without agricultural base (food supply) and economic depth. Secondly, they must check how much...
The Myth of Asia’s Miracle
In 1994, Nobel laureate for Economics, Paul Krugman, published a provocative article, “The Myth of Asia’s Miracle”. He noted that the Singapore economy was no different from the Soviet economy of the 50s and 60s. The Soviet economy expanded very fast for a long period but then growth eventually slowed to a trickle as it...
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