http://johnharding.com/2009/04/15/the-welcome-death-of-globalism/
An example of a country that lives off of exports to the U.S. is Singapore.
Their exports to China and other countries are mainly part of the supply chain to the U.S. When world trade boomed, Singapore’s seaport became largest hub for freighters and supertankers.
Nearly everything manufactured in Singapore is made for export. (Singapore foolishly grows none of its own food.) One out of every three workers in Singapore is a foreigner. Singapore has passed a recent law, the Public Order Act, to prepare riots and revolution in the country due mainforeign worker layoffs,.
The point was also brought home to Singapore by the riots in Thailand, which forced the international leaders at the Asean meeting to flee the conference by helicopter to avoid bodily harm.
Credit Suisse predicts a loss of 200,000 jobs in Singapore by the end of 2010.
Singapore’s exports collapsed by a crushing 35% in January. Manufacturing output fell by 29% in the first three months of the year, compared with the same period last year, and the beat goes on.
There is no way that the economies of Singapore and the U.S. will recover until the growth of U.S. unemployment stops.
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Latest Updates At Singapore News Alternative:
1. The decline and fall of Singapore
2. Singapore scientists say can turn CO2 into biofuel
3. China's Talent Scheme Deals A Blow To Singapore's Foreign Talent Policy
4. China's White Rabbit candy returns back to Singapore after tainted milk scandal
5. Jakarta warns of spread in HFMD from Singapore
6. Hundreds of Indonesian workers stage protest rally outside Singapore embassy
7. NOL warns of hefty $240m first quarter loss
8. Hyundai wins building bid for Singapore oil cavern
9. No Quick Recovery For Singapore
10. Singapore warns foreigners against disrupting APEC
11. Temasek Foundation donates S$700k to Bhutan's Royal Education Council
12. Mutual insurer Skuld to close Singapore office
13. Singapore Airlines tipped to follow Qantas in cutbacks
14. Singapore mulls ban on unlicensed borrowing as loan shark violence surges
15. Indian National Wins Global On-line Promotion by Singapore Tourism Board
16. Chinese Bias for Baby Boys Creates a Gap of 32 Million
17. Singapore's metamorphosis unveiled at Arabian Travel Market 09
.
An example of a country that lives off of exports to the U.S. is Singapore.
Their exports to China and other countries are mainly part of the supply chain to the U.S. When world trade boomed, Singapore’s seaport became largest hub for freighters and supertankers.
Nearly everything manufactured in Singapore is made for export. (Singapore foolishly grows none of its own food.) One out of every three workers in Singapore is a foreigner. Singapore has passed a recent law, the Public Order Act, to prepare riots and revolution in the country due mainforeign worker layoffs,.
The point was also brought home to Singapore by the riots in Thailand, which forced the international leaders at the Asean meeting to flee the conference by helicopter to avoid bodily harm.
Credit Suisse predicts a loss of 200,000 jobs in Singapore by the end of 2010.
Singapore’s exports collapsed by a crushing 35% in January. Manufacturing output fell by 29% in the first three months of the year, compared with the same period last year, and the beat goes on.
There is no way that the economies of Singapore and the U.S. will recover until the growth of U.S. unemployment stops.
--------------------------------------
Latest Updates At Singapore News Alternative:
1. The decline and fall of Singapore
2. Singapore scientists say can turn CO2 into biofuel
3. China's Talent Scheme Deals A Blow To Singapore's Foreign Talent Policy
4. China's White Rabbit candy returns back to Singapore after tainted milk scandal
5. Jakarta warns of spread in HFMD from Singapore
6. Hundreds of Indonesian workers stage protest rally outside Singapore embassy
7. NOL warns of hefty $240m first quarter loss
8. Hyundai wins building bid for Singapore oil cavern
9. No Quick Recovery For Singapore
10. Singapore warns foreigners against disrupting APEC
11. Temasek Foundation donates S$700k to Bhutan's Royal Education Council
12. Mutual insurer Skuld to close Singapore office
13. Singapore Airlines tipped to follow Qantas in cutbacks
14. Singapore mulls ban on unlicensed borrowing as loan shark violence surges
15. Indian National Wins Global On-line Promotion by Singapore Tourism Board
16. Chinese Bias for Baby Boys Creates a Gap of 32 Million
17. Singapore's metamorphosis unveiled at Arabian Travel Market 09
.
