Is Singapore heading for a lost decade?
Look at the Japanese economy. The Japanese spent decades trying to halt the general slide in prices caused by the high property prices in the 80s. One of the major blame attributed for the failure to tackle deflation, is the lack of proactive intervention i.e. to resolve the problem head-on. We are in denial just as the Japanese...
The ‘quitters’ must be having the last laugh!
During the 2002 NDP, the then-PM Goh Chock Tong in his National Day speech marginalized Singaporeans who contemplated migrating to other countries as ‘Quitters’ & exhorted Singaporeans who remained as ‘Stayers’ as Patriotic & ‘Pah See Buay Zao”. Except of Goh’s National Day Speech verbatim, “I was disturbed...
The ‘wayang-ness’ of the NCMP scheme
Why do we have the NMP scheme at all? Clearly PAP needs this scheme to persuade the foreign investors to invest in this country that we are still a democratic and stable country to invest in. It is a farce and a sham to give the pretence of a democracy to the outside (i.e. Western) world. Without democracy, many western MNCs...
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