Can Sg collapse?
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I think Singapore's economy may and may not collapse, depending on how it is managed.
But then again, I'd say that this question is like asking; do chickens, crap all over the place? Because nothing man made, could ever last infinitely. -
Wait for me to migrate first!Originally posted by Joshua1975:the sooner the better... -
why? you malaysian?Originally posted by Joshua1975:the sooner the better... -
It's more about radical reform and remaking he's talking about.Originally posted by sgdiehard:why? you malaysian?
I don't know why you bring the same denseness to every thread in Speakers Corner.
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The question is "Can Singapore collapse?" how can an answer "the sooner the better" be talking about "radical reform and remaking"???Originally posted by LazerLordz:It's more about radical reform and remaking he's talking about.
I don't know why you bring the same denseness to every thread in Speakers Corner.
A country as small as singapore may need drastic and radical changes from time to time but will collapse be considered a pre- requisite for any kind of changes???? -
Singapore is collapsing as we speak, despite the spin by the state controlled media. But we're not the only ones.
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Singapore will stand proud.
But this will need all our effort and heart to do it. We need a strong team of leaders, fellow country men and good will people from overseas to share a common destiny. It would not be easy, but neither it is impossible.
We are going to stand proud and not slip into a chapter in history. Believe in yourself and you will make it true. It is our common good for singapore to grow and prosperous. There will be better place overseas, but it does not belongs to you.
We all definite need to review our way of doing things, our expectations, our demands and more importantly our young generations; will they be distorted by material wealth / religion extremism? will they stand together to face challenges like rise of china, terrorism, foreign worker issues?
We must take reference from USA, the country prosperous because they have a strong population base, annually replendish by immgratants (foreign talents) to US. They are inspired to join a dream, and a safe place for their young. For Singapore to success, we have to emulate the US model. At least it is successful in USA right.
But at the moment, it all gloomy here as the economy is undergoing restructuring. Our patience for RMB to revaluate finally paid off last week. Now we just need to wait for the next phase foe China Economy to take off, and transform from a investment vacuum sucking machine to a investment ATM for us. believe me, the chinese businessmen and richmen are really really rich and spending power beyond our imagination. more importantly, they are ready to spend $$$$$$$$$.
On short term, I think that singapore can bank on IR and Banking / Financial / Healthcare service to attract these rich people. But these will only be temp measurements, we need some big global local company like Shell in energy business, we hope to see some local company like Bell in telecoms. More importantly, Singapore need to explore the use of other methodologies to innovate the usage of space in the country. This will enable singapore to have a much great flexibility in building a strong high tech industrial base. R&D lab and design centres are not enough, we should have emulate the Taiwanese model for their semiconductor industrial.
Singapore is now at the cross road of her history. As we celebrate the 40th birthday, we face many tough challenges abroad and local as well. Our people should remain calm, as we know lot of our issue comes from the global economy. The strong country reserve and our country spirts are our best bid to unite all people in singapore, both singapore & foreigner, for a better future. We have to treat each other with respect and on equal ground. -
Is this the PM's national day message?Originally posted by archon1234:Singapore will stand proud.
But this will need all our effort and heart to do it. We need a strong team of leaders, fellow country men and good will people from overseas to share a common destiny. It would not be easy, but neither it is impossible.
We are going to stand proud and not slip into a chapter in history. Believe in yourself and you will make it true. It is our common good for singapore to grow and prosperous. There will be better place overseas, but it does not belongs to you.
We all definite need to review our way of doing things, our expectations, our demands and more importantly our young generations; will they be distorted by material wealth / religion extremism? will they stand together to face challenges like rise of china, terrorism, foreign worker issues?
We must take reference from USA, the country prosperous because they have a strong population base, annually replendish by immgratants (foreign talents) to US. They are inspired to join a dream, and a safe place for their young. For Singapore to success, we have to emulate the US model. At least it is successful in USA right.
But at the moment, it all gloomy here as the economy is undergoing restructuring. Our patience for RMB to revaluate finally paid off last week. Now we just need to wait for the next phase foe China Economy to take off, and transform from a investment vacuum sucking machine to a investment ATM for us. believe me, the chinese businessmen and richmen are really really rich and spending power beyond our imagination. more importantly, they are ready to spend $$$$$$$$$.
On short term, I think that singapore can bank on IR and Banking / Financial / Healthcare service to attract these rich people. But these will only be temp measurements, we need some big global local company like Shell in energy business, we hope to see some local company like Bell in telecoms. More importantly, Singapore need to explore the use of other methodologies to innovate the usage of space in the country. This will enable singapore to have a much great flexibility in building a strong high tech industrial base. R&D lab and design centres are not enough, we should have emulate the Taiwanese model for their semiconductor industrial.
Singapore is now at the cross road of her history. As we celebrate the 40th birthday, we face many tough challenges abroad and local as well. Our people should remain calm, as we know lot of our issue comes from the global economy. The strong country reserve and our country spirts are our best bid to unite all people in singapore, both singapore & foreigner, for a better future. We have to treat each other with respect and on equal ground. -
I think Singapore will continue to prosper because this is a nation of well motivated and highly educated people. The government is also concerned with the betterment of the nation at large. It is not going to collapse.
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Recently telling non malays to take up malay language...
Time to join back to Malaysia?
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Agreed fully, and wanna add one more point:Originally posted by gorby107:Singapore survival not only depends on the government but everybody as we need to be united if don't want Singapore to collapse
When Singapore is on the footpath to success, our grandfathers and fathers take any jobs that can feed their family. Distance and shifts have never been a concern.
Today, we have Singaporeans who are selective about jobs, distance, shifts work, dun want to get their hands dirty......
Each individual's success contributes to the success of Singapore...
Singapore's success will be the pride of each individual...
Unless we change our own mindset, we cannot expect the govt to do miracles...
aurora
signing off.... -
Yup I agree. I am now worried for some of the teenagers which are the same group as me as they don't care about the current affairs and just care about their own things which is quite worrying. If next time if they rule and take over the country what will Singapore become? I don't want to think too much about itOriginally posted by sg_aurora:Agreed fully, and wanna add one more point:
When Singapore is on the footpath to success, our grandfathers and fathers take any jobs that can feed their family. Distance and shifts have never been a concern.
Today, we have Singaporeans who are selective about jobs, distance, shifts work, dun want to get their hands dirty......
Each individual's success contributes to the success of Singapore...
Singapore's success will be the pride of each individual...
Unless we change our own mindset, we cannot expect the govt to do miracles...
aurora
signing off.... -
No , not to join Malaysia , but to find identity in Singapore as a Regional Business HUB. To be able to communicate with the region and find identity with it.Originally posted by maggot:Recently telling non malays to take up malay language...
Time to join back to Malaysia?
Very soon the other races in this region is going to develop into developed industries and Like the booming economy of China / India's catching up there will be lots more trade and services available in this strategic part of the World.
Not encouraging Malay/Chinese education in the past and having parents thinking for an English speaking Social-Class was one of the biggest mistakes in our Country's Social and Economical history. -
Who say so....?Originally posted by sg_aurora:Agreed fully, and wanna add one more point:
When Singapore is on the footpath to success, our grandfathers and fathers take any jobs that can feed their family. Distance and shifts have never been a concern.
Today, we have Singaporeans who are selective about jobs, distance, shifts work, dun want to get their hands dirty......
Each individual's success contributes to the success of Singapore...
Singapore's success will be the pride of each individual...
Unless we change our own mindset, we cannot expect the govt to do miracles...
aurora
signing off....
Getting hands dirty? Let me ask you, how much are these groups of people doing dirty job getting? Don't you agree that they are getting only partial of peanut's shell. With high expenses and living cost to cope with, you think they do their work in hapiness? Put your shoes in their situation and ask yourself.
I myself working as a white collar. I fully understand these people.
To cut down my daily expenses; I took train for Bedok to Bishan and walk to Sin Ming Road and vice vesa when I finish work. My walking distance took me one hour for go to work and going home. So....you think we deserve this kind extreme thrifty way of livelihood; and where the High ranking officers of sg gov, GIC, GLC are enjoy swiss standard of living and laughing their way to the banks with their unreasonable super high salaries?
MM keeping saying paying top salaries for top people by comparing with the private sectors. I wonder if these mini-stars or the high ranking officers were to be put in private sectors, how many will be able make through.
Why don't MM compare people like BIll Gates, Lee Ka Shing, Standey Ho and etc,...then most of them would be drawing BILLIONS DOLLARS salaries FREAKING GOV -
Dear Friends,
At an average growth rate of 4% per annum and our huge reserves compounding at the rate of 5% per annum, we will be the RICHEST NATION ON EARTH per capita in 50 years time. This is Treasure Island.
Your children will inherit a fortune which will turn faces of the rest of the 6 billion people on this planet green with envy.
So ladies and gentlemen, brace yourselves for this Heaven on Earth and donÂ’t indulge in self fulfilling prophecy.
Sing Along on this 40th Birthday:
Others may say What Will Be Will Be
But SingaporeÂ’s future is definitely for us to see
Greatest Paradise Island on Earth we can guarantee
As long as we donÂ’t indulge in self fulfilling prophecy -
Originally posted by Lowclassman:
Before anything else, I admire that you live a thrifty life. However, I believe you miss the point altogether.
Who say so....?
Getting hands dirty? Let me ask you, how much are these groups of people doing dirty job getting? Don't you agree that they are getting only [b]partial of peanut's shell. With high expenses and living cost to cope with, you think they do their work in hapiness? Put your shoes in their situation and ask yourself.
I myself working as a white collar. I fully understand these people.
To cut down my daily expenses; I took train for Bedok to Bishan and walk to Sin Ming Road and vice vesa when I finish work. My walking distance took me one hour for go to work and going home. So....you think we deserve this kind extreme thrifty way of livelihood; and where the High ranking officers of sg gov, GIC, GLC are enjoy swiss standard of living and laughing their way to the banks with their unreasonable super high salaries?
MM keeping saying paying top salaries for top people by comparing with the private sectors. I wonder if these mini-stars or the high ranking officers were to be put in private sectors, how many will be able make through.
[/b]
There exists jobs which do not command high pay. And of coz, there are jobs that fetch a handsome rewards. There is hardly any formula that we can apply to make the whole world equal. Otherwise, we will be living in a communism era.
You have asked me to put myself in the shoes of the blue collars workers who have worked hard with meagre pay. Have you put yourself in the shoes of those people you mentioned? Have you thought of the workload, pressure, and the sacrifice of their private life?
I am not advocating that their pay is reasonable. We can never end any argument on this issue.
The main thrust of my posting earlier on is my disappointment in a small group of Singaporeans who have become too choosy in finding a job. Amongst them, there exists some who blame the govt for not doing a good job.
I gathered from some successful entreprenuers and businessmen that working attitude of some Singaporeans are not as good as those foreigners who arrive here with a mindset to toil and work hard, in order to aim for a better life in the future. Such working attitude, which we can find in the essence and characters of our fathers and grandfathers, is losing its root and developing in neighbouring factories.
sg_aurora
signing off... -
sg_aurora does have a point. To be honest, I think we as a society have moved on quite alot since our parents' time. We are more discerning and more demanding. If my child has a persistent cough for a month, I would bring him to see a paediatric respiratory physician. My grandmother refused to spend a cent to see the GP even though she had been coughing blood for months (she had TB).
It is the same with jobs. We think we are working hard and indeed I believe we are a hardworking lot. But I have seen employers who tell Indian nationals that at the end of their one-year contract, he will keep half of them and the other half will be sent back. These foreign workers practically fight with each other to do extra duties and work around the clock. They are more hungry than we are. Whether they continue to work in Singapore may mean if their children will get life-saving antibiotics. -
On the other hand, I agree with Lowclassman about the disillusionment over the high pay of senior civil servants and Ministers.
You can call it politics of envy but it exists. I am quite happy with my Maggie mee if the ministers themselves are eating Maggie mee. But if I am having char kwa teow each meal whilst my MP is having shark's fin all the time, I get angry.
We can put up with some differences in remuneration but with Singaporeans getting more educated all round, we do not see why our Ministers should deserve so much more. We think, "I may not be from Yale or Havard, but I am certainly no ignoramus. Why should they earn so much that 600k is nothing more than peanuts whilst I will never get close to half a peanut shell?" -
The use of Pay And Pay system to fix all problems in Singapore has made more heartlanders felt dejected and disillusioned about the future of Singapore! Just imagine any poor Singaporeans who use $20 of water per month have to fork out another another similar amount for taxes is something they could not swallow!They told you that Singapore is short of water but you see floodgates wide open when the days were dark!Worst still in Singapore they use the highest salary in the world to tell themselves not to be corrupted, to erect and plant more ERP gantries to fix traffic jams even when you go home! They use COE as another excuse to tame the car population but actually they are profiteering from it as in their mind, the more the merrier!Trafic jams? just plant more ERP gantries and more $$$ will come in!See how contradictory the system is and at the end who benefit and who are the victims?Both ways they are the winners!More outsourcings are killing the lower income heartlanders becauses the Pay And Pay System keeps S$ as strong as a rock and the rich are getting richer, the poors are getting poorer!
No matter what happen, one thing is pretty worrying!IF Singapore are attacked by some neighbouring countries, will the rich just fly out of Singapore with their gold bars leaving the poor Singaporeans to fend for themselves? -
What do you think? Wouldn't be surprised they have a charter flight specially for the elite to get out..Originally posted by Heartlander:No matter what happen, one thing is pretty worrying!IF Singapore are attacked by some neighbouring countries, will the rich just fly out of Singapore with their gold bars leaving the poor Singaporeans to fend for themselves? -
times have changed.. nations are governed not by military power.. but economic interest. looking around us.. the SEA countries are all pushing their emphasis on economic progression trying to maintain their above 5% growth rate. to maintain this, they need FDI from the US and American MNCs. if any nation try to attack Singapore (which in the first place makes no economical sense), the sanctions they face from the UN will cause their economy to collapse. As long as no radicals gain power in our neighbouring countries.. we should be fine.Originally posted by Heartlander:No matter what happen, one thing is pretty worrying!IF Singapore are attacked by some neighbouring countries, will the rich just fly out of Singapore with their gold bars leaving the poor Singaporeans to fend for themselves?
nonetheless, we should nv be complacent.
on the note of Singapore's economic collapse, well it's debatable.
Singapore's economy has reached the slow growth phase (although the government would definately disagree with me), looking at history, i.e. the Jap and korean examples... it would be impossible to achieve high growth rate. but our government did an extremely good job in soft landing the economy post-97 crisis.
the golden years have definately past.. and it will be tough for all of us. but looking at the global networks and how the world economy is evolving, opportunities are massive around the globe, and its up to S'poreans to grad these chances.
the only sad thing is that there are few large S'pore MNCs that can hold their own against foreign companies. In 2001, when i was doing some research on S'pore's economy, the largest listed S;pore company was singtel and Singtel was backed by the governemnt. we as a country really need to reflect on how to tackle such issues.
but we first need to acknowledge that S'pore will be in dire circumstances if this continues. there is this skewed mindset in S'poreans that we r doing pretty ok ... if complacency sets in ... all hell will break loose i guess -
I think it is possible.
The way our govt rule is only able to achieve results when the world is not so competitive. But now all our neighbours have caught up with us and the only way to compete is through ideas and creativity. Unfortunately, the tight control the government exert on us has choked the spirit of innovation out of us.
We are not only woefully lacking in entrepreneurs, our mandarins are also academics who can't think outside the box.
Unless the government allow more freedom, then creativity will flow. And unless they drop their meritrocacy policy will we have leaders who have creative solutions to problems. We have been languishing in structural unemployment since 2000 and there are no solutions in sight.
Some forumites here think that our economic crisis started with the 1997/1998 Asian Financial Crisis but I understand that we escaped relatively unscathed in that crisis. Our crisis started when the MNCs moved out to our low cost neighbours in 2000. The 2001 recession in US also compunded our crisis.