Rich Country, Singapore
Rich Country, Singapore
Country is rich but people don’t feel rich.
- frank lee bent
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Re: Rich Country, Singapore
higher gdp than oz with no resources other than educated hard working people.
- Satiated Parrot
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Re: Rich Country, Singapore
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.
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.
- Duncan
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Re: Rich Country, Singapore
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.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Re: Rich Country, Singapore
Totally agree, look at ChinaDuncan wrote: ↑Wed Jan 23, 2019 7:54 amfrank 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.
Don't forget the water buffalo
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Re: Rich Country, Singapore
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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