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SG Govt policies are to blame for soaring inflation

Les grossman

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May 26, 2024
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The overpaid and overrated S'pore Govt is not only helpless to control soaring inflation, but their ill-advised policies such as attracting ultra wealthy foreigners to become citizens and agreements like CECA are resulting in overcrowding, and sending the cost of living skyrocketing. Why are the world's highest paid politicians so clueless about raising productivity that they have to rely on foreigners opening family offices here and handing them citizenship so that they may buy freehold land which is in such limited supply on our tiny island?
 
It’s about cashing in. Buy up prime freehold land. Bring in the billionaires. Sell to them for a tidy profit.
 
The overpaid and overrated S'pore Govt is not only helpless to control soaring inflation, but their ill-advised policies such as attracting ultra wealthy foreigners to become citizens and agreements like CECA are resulting in overcrowding, and sending the cost of living skyrocketing. Why are the world's highest paid politicians so clueless about raising productivity that they have to rely on foreigners opening family offices here and handing them citizenship so that they may buy freehold land which is in such limited supply on our tiny island?
So true.
 
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