wrong lah...LHL simply following his dad ways of maintaining the richie rich to hide their wealth lah...ever since the British left our shores ...and when LKY and his team took over the reign ...our leadership had always courted ethnic chinks who were filthy rich to hide their ill gotten gain here...ethnic rich chinks meaning south east asia particularly ...the most prominent being indonesian chinks ...and
2nd comes malaysian chinks ..even some Thai chinks too ...lately Burmese chinks with their drug dealing monies
for decades our sinkieland never published the trade statistics between indonesia with ourselves while trade statistics of our trade with the whole world were published ...things came to almost a breaking point when during the currency speculation crisis when the whole lot of indo chinks moved their monies of billions and billions leaving their home country indonesia to beg IMF for rescue ...that very act humiliated Suharto and he lost power
and the indo chinks did even worst ...they team up with our sinkie govt companies and bought indonesian assets such as their banks ,telecommunication and mass medias at fire sale ...even today most of indo mass media belongs to foreigners
even the malaysian governance was tested but mahathir out smarted us and introduced currency control and all of us who were speculating on ringgit got fucked
similarly ,even the Thai Thaksin scenarios too...but the Thai got the wind of it and fucked back throwing Thaksin out
BJ is losing patience with HK . . . . . HK loses its oriental pearly shines for good liao!
but its dullness still overshadows sillypore - that's for sure!
simply bcoz BJ still values HK over SG - this was why pinky's ball-lickings technics failed terribly in CH, and love turns hatred due to his pettiness (losing face)
the games on moving "fresh" funds get complicated and complex, no longer being influential from LKY's legacy
monies out of local HK mainly goes into M'sia for domestic reasons, but commercially . . . . it still flows to & fro within mainlands.
however, "fresh" funds internationally no longer stays in HK, but rather scattered in sillypore and TW!
but under pinky's reigns who lick US' balls (instead of juggling like what his papa did), US pacifies him whilst instigating into TW just to politicize against CH.
thanks to cov19, such "fresh" funds start to revaluate its risk into CH instead of APAC, hence SG & TW spells right.
M'sia's political unrest within, BKK's uncertain political turmoil, Rohingya topics in MYM - putting themselves unfavourable to investors/those who just wanna park their $
Indon is coming big but requires huge sinking funds within nation developments that will extend investments sentiments which only political funds are worth there!
to date, SG's biggest competitor in "fresh" funds is none other than TW, though HK has declined but its still has superseded SG since 2005!
let pinky continue his ball-lickings with US coz there's no pleasure for the country anymore, except himself
sillypore must re-invent its stakes with CH and continue to donate losses into neighbouring spouse i.e. M'sia in order to keep its stability within.
it is this 2 relationships that could determine SG's vulnerability whilst continuations to ASEAN submits + rest of worlds e.g. ANZ, NEU . . . .