all our attempts at creating new industries to create new jobs have failed,the only ways of expanding our economy is by turning ourselves into a low tax,tax sheltering environment,and delivering tons of cheap labour to foreign multinationals at the expense of locals,sinkies are suffocating under the suppressed wage environment thats barely 1/3 our so called national gdp and the high cost of living.this is no longer a structural fault or anything,the ponzi scheme must come to an end,the human immigration and debt fuelled growth and using our precious hard earned savings and cpf and temasek holdings to prop up the economy and our jiak liao bee glcs must come to an end.debt levels are unsustainable and at all time high,this is no longer a matter of LKY's magic or PAP's wisdom leading us to the promise land.it is merely a bunch of fools who have pushed the boundaries of economica and the markets to the limits and now the house of cards must fall.
i reccomend any SBFeR reading this now to save and horde as much wealth as u can and be prepared to jump ship at the first sight of iceberg.for when they finally call out "ICEBERRRRRRRRRRRGGGGGGGGGGG" it will be too late.my goal is to leave this country before the next general election.
there is no room for creativity or innovation in singapore,just look at america,they are inventing new products on kickstarter everyday,everything is too expensive in singapore,people would rather spend 100k on a car,rather then spend a few k to build their own battery bank for their electric bike or van.u cant start a business out of ur home or garage because everyone lives in hdb flats,or u have to pay thousands of dollars to rent some shop space.have u seen anyone do a solar setup in their home in singapore,electic bills in landed properties can go as high as $800 to 1k per month and no sinkie has ever thought of going solar?or start a ebay business or amazon?or invest in real estate?people in america and australia can build multimillion dollar real estate portfolios in less than 3 years because houses are as cheap as 35k in their countries and they can use leverage to grow rapidly,in sg what kind of real estate can u do?buy hdb or condo and sit on it for twenty years?the market place in singapore is miniscule and pathetic,the marketplace in america is humongous,in the hundreds of billions and trillions,u can start any kind of business selling anything and everything because u have a customer base of 300 million people.... our economy is a bunch of coolies and farmers eking out a living making their tiny paychecks from mncs trying to prop up these drowning whale of a economy.like a fish drowning in water.
lots of money can give singapore the illusion of punching above its own weight,but when the steriods is worn off and the silicon is leaking out of the breast implants......
