Rich Country, Singapore

Yeah, that place out 'there'. Anything not really Cambodia related should go here.
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yong
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Rich Country, Singapore

Post by yong »

Country is rich but people don’t feel rich.

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frank lee bent
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Re: Rich Country, Singapore

Post by frank lee bent »

higher gdp than oz with no resources other than educated hard working people.
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Satiated Parrot
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Re: Rich Country, Singapore

Post by Satiated Parrot »

Arguably it does have one major resource - it's smack bang in the middle of an important shipping lane, which is why the British snapped it up quickly back in the day.

Singapore's lack of other natural resources is a curse, but also a blessing - think about how much easier it would be to kit out and maintain a city rather than a large country.

In answer to the video, Singapore is a rich country, but a lot of its citizens struggle. The average family earns something like 4k/month, which isn't that much in an expensive city. Plus the government has flooded the country with cheap workers from overseas, which have depressed the wages.
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Duncan
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Re: Rich Country, Singapore

Post by Duncan »

frank lee bent wrote: Wed Jan 23, 2019 6:27 am higher gdp than oz with no resources other than educated hard working people.

And although Cambodians may not appreciate it , having only one man at the top in Singapore makes it easy to make decisions to run a country. Unlike OZ , UK and USA where the top man and the direction the country goes changes from one day to the next ,,, that is if they can make a decision on anything.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
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Kayve
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Re: Rich Country, Singapore

Post by Kayve »

Duncan wrote: Wed Jan 23, 2019 7:54 am
frank lee bent wrote: Wed Jan 23, 2019 6:27 am higher gdp than oz with no resources other than educated hard working people.

And although Cambodians may not appreciate it , having only one man at the top in Singapore makes it easy to make decisions to run a country. Unlike OZ , UK and USA where the top man and the direction the country goes changes from one day to the next ,,, that is if they can make a decision on anything.
Totally agree, look at China :bow:
Don't forget the water buffalo
davegorman
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Re: Rich Country, Singapore

Post by davegorman »

Interesting that Singapore has a higher debt to GDP than many other western countries, however, the money is spent on infrastructure not to pay off debts.
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