Debunking the nid for large population for high GDP

[red amoeba]

Singapore have population of abt 5m...of which nearly 50% non-citizens.

Gahmen is planning to hit 6.5m - their excuse / reason - that a sizeable population is needed to create a vibrant economy.

However, there were 44 countries with a GDP above $170 Billion in 2009, of these the following have a population of less than 5 million people:

So, the myth of size does matter is not true...Norway (i noe Ireland is now in the dumps) is a fine example.


*23rd - Norway, $255Billion GDP with a 2010 predicted population of about 4.9 million (just inside 5 million!)
*38th - Republic of Ireland, $228Billion GDP with a 2010 predicted population of about 4.5 million
*43rd - Singapore, $177Billion GDP with a 2010 predicted population of about 4.99 million (amazingly Singapore just sneaks in on both accounts).

 

[KNNBCCB]

Si mi kio vibrant economy har ???

 

[wMulew]

There's 2 serious problems with your example
1)Norway have a lot of OIL & GAS. If they need higher GDP just literally pump more from the ground.

2)You might want to google PIIGS. The nations that are causing the Euros to go belly up, Ireland is one of them!!!! Forgot to add. Ireland's VAT(GST) = 23%!!!!

 

[kiss]

Si mi kio vibrant economy har ???

like kio kuay... more patterns... more shiok

 

[red amoeba]

forgot to add... Luxembourg has a higher GDP than Norway...n population is much lesser...they rely on banking. Population of Luxembourg - less than a mil.

right about Norway being rich in oil - exports of petroleum constitute 20% of GDP.


now about Luxembourg:

The industrial sector, which was dominated until the 1960s by steel, has diversified to include chemicals, rubber, and other products. During the past decades, growth in the financial sector has more than compensated for the decline in steel. Services, especially banking and other financial exports, account for the majority of economic output. Luxembourg is the world's second largest investment fund center (after the United States), the most important private banking center in the Eurozone and Europe's leading center for reinsurance companies. Moreover, the Luxembourgish government has tried to attract internet start-ups. Skype and eBay are two of the many internet companies that have shifted their regional headquarters to Luxembourg.

 

[KNNBCCB]

like kio kuay... more patterns... more shiok

lol... tat y lo...

more population = more taxes = Who happy ?

 

[wMulew]

lol... tat y lo...

more population = more taxes = Who happy ?

GDP is also a measure of how much money the industries in the country are making. Companies in country not making money then the employees can go jiak sai liao. Where do U think your bonus comes from?

 

[singveld]

Singapore have population of abt 5m...of which nearly 50% non-citizens.
Gahmen is planning to hit 6.5m - their excuse / reason - that a sizeable population is needed to create a vibrant economy.
However, there were 44 countries with a GDP above $170 Billion in 2009, of these the following have a population of less than 5 million people:
So, the myth of size does matter is not true...Norway (i noe Ireland is now in the dumps) is a fine example..

The problem is not the size, but the need to keep a pyramid model for capitalism, more working people supporting small number of old people, it is crucial for such economic model, because new money are generate every year, and the economic keep running away from debt, you always need growth or the economic will halt and then die.

pls give proper example, norway have lots of oil, and ROI have rich european union to give money to them, and their economic are collapsing due to debt.

 

[chupacabra]

Peesai got lots of taxes. Where are all these money goes to? Singapore pools money?

Yes Norway got oil/gas. But peesai got slave workers. Plus dont forget cheap NS man. How much collectively is Norway wages compared to Peesai?

There are almost a million construction/ maids/ service workers/ nurses/ etc...etc.. How much money does peesai save from slave wages?

Are the services cheap in peesai? Is housing cheap in peesai? Are things cheaper overall in peesai? Why? Whats the use of having salves workers if the end user pays 1st world prices..

Using all these indicators and numbers to measure GDP growth and shit...But can anyone tell me how much does the entire cuntry of peesailand makes on slave workers alone?...

Fuck peesai la. Only know how to make money from the backs of poor 3rd world workers and the blood and sweat/ tears of ordinary sinkeees..

 

[Cruxx]

Peesai got lots of taxes. Where are all these money goes to? Singapore pools money?

Yes Norway got oil/gas. But peesai got slave workers. Plus dont forget cheap NS man. How much collectively is Norway wages compared to Peesai?

There are almost a million construction/ maids/ service workers/ nurses/ etc...etc.. How much money does peesai save from slave wages?

Are the services cheap in peesai? Is housing cheap in peesai? Are things cheaper overall in peesai? Why? Whats the use of having salves workers if the end user pays 1st world prices..

Using all these indicators and numbers to measure GDP growth and shit...But can anyone tell me how much does the entire cuntry of peesailand makes on slave workers alone?...

Fuck peesai la. Only know how to make money from the backs of poor 3rd world workers and the blood and sweat/ tears of ordinary sinkeees..

Peesai is a tax haven too. Name me one impoverished tax haven in this world.

 

[chonburifc]

SG only 3 class, upper, middle and lower class. Upper class and lower class probably 10% each. The Majority middle class which is 80% is the target. The ruling party is extremely good in squeezing from the middle class. Lower class nothing to squeeze. Upper class cannot squeeze because they themselves belong to the upper class.

 

[Conqueror]

Cheap Labour = Rich Capitalists = Rich PAP

Singapore has cheap labour to make capitalists rich with higher profits which in turn it gives out large proportion of monies for tax. Guess, who are singing and dancing while you work late ? It's the 'song' factor for the PAP.

 

[palden]

Higher population means higher taxes. Higher taxes means many more millions in pay. Not your pay.

 

[Cruxx]

Re: Cheap Labour = Rich Capitalists = Rich PAP

Singapore has cheap labour to make capitalists rich with higher profits which in turn it gives out large proportion of monies for tax. Guess, who are singing and dancing while you work late ? It's the 'song' factor for the PAP.

[video=youtube;CTMMRrxx-Ug]http://www.youtube.com/watch?v=CTMMRrxx-Ug[/video]

 

[Yoshitei]

Anyone here heard of Gibraltar?

It has a population of 30,000 with a GDP of £1 billion. The economy is based largely on financial services, internet gaming, shipping and tourism.

Locals have free health care and I believe the same for education up to university level.

 

[Cruxx]

Anyone here heard of Gibraltar?

It has a population of 30,000 with a GDP of £1 billion. The economy is based largely on financial services, internet gaming, shipping and tourism.

They must have cooked the figures. How can they be so rich when they have no natural resources, no land and no Lee Kuan Yew?

 

[red amoeba]

The problem is not the size, but the need to keep a pyramid model for capitalism, more working people supporting small number of old people, it is crucial for such economic model, because new money are generate every year, and the economic keep running away from debt, you always need growth or the economic will halt and then die.

pls give proper example, norway have lots of oil, and ROI have rich european union to give money to them, and their economic are collapsing due to debt.

then its neber going to end...bcos this gen of youngster will grow old & live longer, therefore you nid a larger gp of people behind to support them when they grow old...and snowballs...

cruel to say but some epidemic must knock off the old folks.

 

[Yoshitei]

They must have cooked the figures. How can they be so rich when they have no natural resources, no land and no Lee Kuan Yew?

Or... SG could have been cooking the figures! Bearing in mind we have the likes of the APB and SQ incidents happening!

Anyway, take a look at Gibraltar. The are at the mouth of the Mediterranean, there are a fair number of cruise ships which stop over for a day or two.

Over the years, a fair number of internet based companies have anchored themselves on the tiny island too.

 

[HedgeTrader]

I remember last time LKY say 2 million can already, every family 2 is enough dont born more LOL

 

[Yoshitei]

I remember last time LKY say 2 million can already, every family 2 is enough dont born more LOL

--deleted; posted reply in the wrong thread--