Agree... The education system we have only creates more stress for the kids. I see some of my friends who have migrated overseas. Really can tell the difference in their kids' overall behavior and character compared to those raised in Singapore. They are more confident in expressing their thoughts and feelings. They speak up better also.
Our students here may score highly in exams but that does not guarantee anything in their working life.
The funny thing is, we have often heard praises for our education system. Yet for those students who don't do well in their "O" and "A" levels, and their parents are rich enough to send them to overseas uni, they still come back with good grades from Australia, UK, etc. They are still able to find jobs in Singapore. Ironically, some employers even prefer these students (more outspoken with better critical thinking skills) than our own NUS/NTU students who did better in their "A" levels!