Singapore is second most competitive in the world
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Originally posted by justiceforall:
Can Singapore survive on debt? NO
Oh, of course we are no.2, surprising we are'nt No. 1
I mean, our workers have been under tight control by the regime via the regime's kow-towing NTUC.
Workers rights and wages have been appallingly ignored and squeezed.
People used to call NTUC as Never Trust Union Chief, does it not make alot sense now! I wonder if this is the reason why LIM Swee Say, a gentle man, is giving up after the next election?
Do we earn as much as an American worker? I dont think so!
Have as much rights? I dont think so!
Do our unions [b]fight for Government unfair wage policies? Yes!
Does NTUC fight to protect workers salaries? NO!
In USA, whether its bad time or good time, workers salaries are mostly unaffected. In here, its just the opposite.
The regime will often step in to halt workers salary increases as it continues to pile up their huge money collection in MAS - during good times or bad times.
And, now the ex-NTUC boss is given a well paid job in the PMO, isnt this weird?
This, my friends, is the big diff between us and the other successful developed globalised countries.
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Can USA survive on debt? YES. How much so far?
approx, US$48 trillion (US$48,000,000,000,000) -
Yup, cause I also read that 154th report.Originally posted by sourketchup:So you agree that the national media is not balanced in its reporting of news?
If it is not, why not? Why not let more diverse viewpoints and facts be available in the national media?
I think the answer you are looking for goes along the line of "because papa lee is an authoritative male off-spring of a female canine" (pinched that of someone on this forum, love the expression).
But ya, besides that, prob also because he don't trust the media, actually neither do I.
As for letting diverse viewpoints and facts be available in the national media, if given the choice, I don't think any govt would do that as well. Most in the world that are doing it because the culture is already there and they can't do S.H.I.T about it except for some !@#$%^& at their own free time.
Still, if Sg govt really wants to be vain, they can squash sgforum like a bug and the world won't notice. So ya, I think it's already an improvement compared to my grandparent's era.
But let's not hijack this topic into the age old media freedom arguement again, at least not in this topic. -
Oh and Sg also has the world 7th largest foreign reserve, so it might take some time before we run into debt.Originally posted by Gazelle:Can Singapore survive on debt? NO
Can USA survive on debt? YES. How much so far?
approx, US$48 trillion (US$48,000,000,000,000) -
commenting on the ranking on the size of foreign reserves is of no meaning if you dont take into consideration of size of the economy and population.Originally posted by wisefool83:Oh and Sg also has the world 7th largest foreign reserve, so it might take some time before we run into debt.
So what are you trying to say? -
Actually nothing, but seems like a common practice in this forum to throw facts around every now and then, so just joining in the funOriginally posted by Gazelle:commenting on the ranking on the size of foreign reserves is of no meaning if you dont take into consideration of size of the economy and population.
So what are you trying to say? -
Regarding this :"along the line of "because papa lee is an authoritative male off-spring of a female canine" (pinched that of someone on this forum, love the expression).Originally posted by wisefool83:Yup, cause I also read that 154th report.
I think the answer you are looking for goes along the line of "because papa lee is an authoritative male off-spring of a female canine" (pinched that of someone on this forum, love the expression).
But ya, besides that, prob also because he don't trust the media, actually neither do I.
As for letting diverse viewpoints and facts be available in the national media, if given the choice, I don't think any govt would do that as well. Most in the world that are doing it because the culture is already there and they can't do S.H.I.T about it except for some !@#$%^& at their own free time.
Still, if Sg govt really wants to be vain, they can squash sgforum like a bug and the world won't notice. So ya, I think it's already an improvement compared to my grandparent's era.
But let's not hijack this topic into the age old media freedom arguement again, at least not in this topic.
But ya, besides that, prob also because he don't trust the media, actually neither do I." -->eh, no, I did not write nor imply that. Let's not get too extreme or heated up.
Some governments may like to control all news reported in the media, but that does not mean that it is a right thing to do.
So even though you agree that the national media is not well-balanced in its reporting, you feel that we should be grateful for the small crumb of a more liberal internet?
And yeah, let's not hijack the thread. Bye. -
It is wrong to say our country has limited reserves. Don't forget, outside of our national savings, there is still the group of GLCs companies which is worth a mind boggling 4 trillion dollars!
(And we are not even talking about the fact that all the land in here is practically state own.)
This is comparatively huge for a nation of only 4 million. USA has 300 million people. Can you see the big picture ? -
Ours is the other way around; dirty linen hanging in the air, but constantly proclaiming they have clean laundry...Originally posted by wisefool83:You mean there's actually a govt in the world that actually hides its achievement but spread its dirty linen all over the world?
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Originally posted by ShutterBug:Ours is the other way around; dirty linen hanging in the air, but constantly proclaiming they have clean laundry...
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Aiyoh, with so many young people leaving us each year, until it becomes an issue in parliment no wonder "the number of such talents in our local population is limited" lor...Originally posted by oxford mushroom:Singapore is still new in the finance sector. We need more bright young people to be top investment bankers and fund managers. Since the number of such talents in our local population is limited, we have to recruit talented foreigners to join us.
Why ah? Do these talents leave? Better deal as concubine then wife? -
The pay differential is too much...investment managers earn much more in London or New York. Someone with qualifications from LSE, Havard or Wharton would rather work in Wall Street or the City. We need to recruit more foreign talents to build up the momentum...when our industry is able to pay the kind of million dollar wages top fund managers get in London, they will return.Originally posted by lordofdarkness:I agree that Singapore is still new but doubt there's a shortage of talented individuals required to help boost the industry. They are just not coming home to Singapore. There are many Singaporeans based in London and New York doing investment banking and all the high finance stuff. But from their perspective, Singapore is still too small to warrant pursuing their careers back home. No point fishing in a really small pond. -
Globalisation means there will be free movement of labour and capital. Young people may leave because the pay is better overseas or because their skills cannot compete with those of cheap foreign workers. Judging from the rants in this forum, it's probably the latter. We want top talent to return (and they will, if we pay well enough) but as for those who cannot make it here, it's better they develop their careers elsewhere.Originally posted by SingaporeTyrannosaur:Aiyoh, with so many young people leaving us each year, until it becomes an issue in parliment no wonder "the number of such talents in our local population is limited" lor...
Why ah? Do these talents leave? Better deal as concubine then wife? -
i like this contrast.
Singapore's media is now ranked 154th..
and
Singapore is second most competitive in the world
2.It would be interesting to write a thesis
How media freedom related to competitivness
3.westerns democratic cant understand till they die why this can happens.
4.There are few similiar reports .So ,dunt be too happy lah.
Global Competitiveness Report 2006-2007
1. Switzerland
2. Finland
3. Sweden
4. Denmark
5. Singapore
6. US
7. Japan
8. Germany
9. Netherlands
10. UK
11. Hong Kong
12. Norway
13. Taiwan,China
14. Iceland
15. Israel
16. Canada
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Tell me you know what you're going on about. You're telling me a country(consider it a country since it has a government of its own) that dishes out dole to the unemployed has no welfare?Originally posted by lionnoisy:It is only a report card SG refer to,but not concentrate to
get into the top.HK is keen to do what ever it can
to do better grading,at the expenses of welfare of HK people. -
Are you telling me the top investment banks on this planet only issue government bonds to the US and no other nation? They'd probably be surviving on air as far as their divisions dealing with government bonds are concerned if what you said held true.Originally posted by Gazelle:Can Singapore survive on debt? NO
Can USA survive on debt? YES. How much so far?
approx, US$48 trillion (US$48,000,000,000,000)
Tell me what's so unique and special about Singapore that they can't service a debt... -
Using your argument, why don't you try elaborating on how is it a population of 300 million can churn out an average wage far higher than that for a population of 4 million?Originally posted by justiceforall:It is wrong to say our country has limited reserves. Don't forget, outside of our national savings, there is still the group of GLCs companies which is worth a mind boggling 4 trillion dollars!
(And we are not even talking about the fact that all the land in here is practically state own.)
This is comparatively huge for a nation of only 4 million. USA has 300 million people. Can you see the big picture ? -
Originally posted by oxford mushroom:The pay differential is too much...investment managers earn much more in London or New York. Someone with qualifications from LSE, Havard or Wharton would rather work in Wall Street or the City. We need to recruit more foreign talents to build up the momentum...when our industry is able to pay the kind of million dollar wages top fund managers get in London, they will return.
You never cease to amaze me, mate.Originally posted by oxford mushroom:Globalisation means there will be free movement of labour and capital. Young people may leave because the pay is better overseas or because their skills cannot compete with those of cheap foreign workers. Judging from the rants in this forum, it's probably the latter. We want top talent to return (and they will, if we pay well enough) but as for those who cannot make it here, it's better they develop their careers elsewhere.
So if the pay difference were the issue and primary motivation behind people deciding where to work and this being the primary result of globalisation, how then are you lamenting that people leave Singapore "probably" due to "their skills cannot compete with those of cheap foreign workers"?
So are you for the principles of a market economy and the forces of globalisation, really?
I suppose you could also try explaining how is it then the political leadership of the criminals merits being the best in the world - and by extension, warrants the best remuneration by a mile - when so many other countries are coping better with the management of the "brain drain" problem.. -
Competition is fine, but the country should treat her citizens better than foreigners as ultimately, when the chips are down, it is the male (and female) citizens who would be taking up arms to protect the country.Originally posted by oxford mushroom:Globalisation means there will be free movement of labour and capital. Young people may leave because the pay is better overseas or because their skills cannot compete with those of cheap foreign workers. Judging from the rants in this forum, it's probably the latter. We want top talent to return (and they will, if we pay well enough) but as for those who cannot make it here, it's better they develop their careers elsewhere. -
One would have thought that with higher education our ministers should understand what is loyalty to one's country and citizenry. Sad to say after so much problems were created by their self-serving policies to benefit their own kind for years they still do not appear to understand what is loyalty to the country and one's own citizens who elected them and give them the opportunity to serve fellow citizens with honour.Originally posted by sourketchup:Competition is fine, but the country should treat her citizens better than foreigners as ultimately, when the chips are down, it is the male (and female) citizens who would be taking up arms to protect the country. -
Serious? I thought it's been instilled in the citizens from young to run at the first sight of trouble - a thought further reinforced by the practices of the fascists.Originally posted by sourketchup:Competition is fine, but the country should treat her citizens better than foreigners as ultimately, when the chips are down, it is the male (and female) citizens who would be taking up arms to protect the country. -
Are u a pro-govt mouthpiece?Originally posted by oxford mushroom:Singapore is still new in the finance sector. We need more bright young people to be top investment bankers and fund managers. Since the number of such talents in our local population is limited, we have to recruit talented foreigners to join us. -
He, like the Govt, cares about the bottomline. Never mind the people. It's the money that matters. People can go to the graves for all they care, so long as the treasury continues to flow with cash. Then given that we are a nation of retards indulging in personality cult worship, people will accept what they see at face value and never questioning what really goes on.Originally posted by walesa:You never cease to amaze me, mate.
So if the pay difference were the issue and primary motivation behind people deciding where to work and this being the primary result of globalisation, how then are you lamenting that people leave Singapore "probably" due to "their skills cannot compete with those of cheap foreign workers"?
So are you for the principles of a market economy and the forces of globalisation, really?
I suppose you could also try explaining how is it then the political leadership of the criminals merits being the best in the world - and by extension, warrants the best remuneration by a mile - when so many other countries are coping better with the management of the "brain drain" problem..
The politics of expedience really.
Of course he is. The fact that he refuses to admit that he is perhaps directly linked to the PAP is enough to question his credibility.Originally posted by Trump_Card:Are u a pro-govt mouthpiece? -
Let put it this way.. Singapore always hire ppl for the wrong job and pay ppl the wrong pay haha. Enough said
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Because USA is the only country that can print money for free.Originally posted by walesa:Are you telling me the top investment banks on this planet only issue government bonds to the US and no other nation? They'd probably be surviving on air as far as their divisions dealing with government bonds are concerned if what you said held true.
Tell me what's so unique and special about Singapore that they can't service a debt... -
If that's the case he seems to be doing a very poor job at it... because it seems the only results of his attempts to "engage" the "insurgency" is to fan the flames even more.Originally posted by Fingolfin_Noldor:Of course he is. The fact that he refuses to admit that he is perhaps directly linked to the PAP is enough to question his credibility.