- Joined
- Sep 23, 2008
- Messages
- 661
- Points
- 18
This financial crisis may come like a blessing in disguise .
Had not this crisis, financial scams might have continued to strive world- wide.
Some weak govts may also resort to calling early elections to protect their weak system.
Singapore island may fall into this category.
If the recession continues to hit the small island hard and deep, PAP system will collapse.
It seems that the island relies heavily on shares and investments to drive the economy. Falling back to fishing is near impossible becos the locals have lost the fishing skill.
Perhaps the main income now is gambling and housing. But how long the fairy tale will last?
Besides, majority voters have no idea what is past reserves or current reserves, and how the money is used.
100 billion paper loss may just be the beginning, more damming news may also surface, and can be damaging to the current Govt.
If I am the prime minister of singapore's current Govt, I would call for Elections this year, do some adjustments to the elections boundary to my favor , give some small-man money to the voters…..and I am on my way for another 5 years.
This may sound proper becos majority voters are not well informed people but afterwhich, if singapore is ruled by one party, the nightmare has just begun.
If i brave on to fight the recession, i may end up losing a few GRCs in 2011. Majority voters only see money, talk money, and stretch hand for money, who cares the bravery, this is the end product of PAP.
it is better for me be a small man if i am the PM.
Good luck to local-Singaporean Singapore no more.
Had not this crisis, financial scams might have continued to strive world- wide.
Some weak govts may also resort to calling early elections to protect their weak system.
Singapore island may fall into this category.
If the recession continues to hit the small island hard and deep, PAP system will collapse.
It seems that the island relies heavily on shares and investments to drive the economy. Falling back to fishing is near impossible becos the locals have lost the fishing skill.
Perhaps the main income now is gambling and housing. But how long the fairy tale will last?
Besides, majority voters have no idea what is past reserves or current reserves, and how the money is used.
100 billion paper loss may just be the beginning, more damming news may also surface, and can be damaging to the current Govt.
If I am the prime minister of singapore's current Govt, I would call for Elections this year, do some adjustments to the elections boundary to my favor , give some small-man money to the voters…..and I am on my way for another 5 years.
This may sound proper becos majority voters are not well informed people but afterwhich, if singapore is ruled by one party, the nightmare has just begun.
If i brave on to fight the recession, i may end up losing a few GRCs in 2011. Majority voters only see money, talk money, and stretch hand for money, who cares the bravery, this is the end product of PAP.
it is better for me be a small man if i am the PM.
Good luck to local-Singaporean Singapore no more.
