Casinos and Shopping Malls are Not The Answer

TracyTan866 · Nov 26, 2014

The PAP has run out of ideas and is leading Singapore downhill. The pap is depending on casinos and shopping malls to lead SG into the future.

The pap has failed us badly. The pap can only create jobs such as groupiers and waitresses for Singaporeans.

SIA is failing, NOL is failing, Biotech is gone. SGX is failing

laksaboy · Nov 26, 2014

It's okay to have shopping malls, but there are just too many of them these days, with the same old shops found everywhere.

Think back to the days when it was wonderful to have a weekend family outing to go to Plaza Singapura or Parkway Parade. All week you would be looking forward to it.

zhihau · Nov 26, 2014

Strangely reliant on the construction industry as a pillar of our economy... Hmm...

laksaboy · Nov 26, 2014

zhihau said:
Strangely reliant on the construction industry as a pillar of our economy... Hmm...

That's how you keep the economy going, even the smaller projects, e.g. more sheltered walkways, lift upgrading, dig up road and fill it up again.

TracyTan866 · Nov 26, 2014

laksaboy said:
It's okay to have shopping malls, but there are just too many of them these days, with the same old shops found everywhere.

Think back to the days when it was wonderful to have a weekend family outing to go to Plaza Singapura or Parkway Parade. All week you would be looking forward to it.

Yes, should have shopping malls. But if the pap thinks that shopping malls is the way to create growth, then it is dead wrong. Shopping malls are to serve a need not to create economic growth

TracyTan866 · Nov 26, 2014

zhihau said:
Strangely reliant on the construction industry as a pillar of our economy... Hmm...

This is the exactly problem which led SG into a bad recession in 1986. Construction normally doesn't create wealth for the country. It's a transfer of wealth unlike manufacturing which builds a product and then is exported to earn foreign exchange

TracyTan866 · Nov 26, 2014

laksaboy said:
That's how you keep the economy going, even the smaller projects, e.g. more sheltered walkways, lift upgrading, dig up road and fill it up again.

these do not generate wealth for SG. what SG needs are products and services that can be sold and earn wealth for SG and Singaporeans

mojito · Nov 26, 2014

zhihau said:
Strangely reliant on the construction industry as a pillar of our economy... Hmm...

Too much tax dollars and nowhere to be spent. Can't always be buying sand. Too suspicious!

Take care of cronies, and money will trickle down to the masses. Elementary.

TracyTan866 · Nov 26, 2014

laksaboy said:
It's okay to have shopping malls, but there are just too many of them these days, with the same old shops found everywhere.

Think back to the days when it was wonderful to have a weekend family outing to go to Plaza Singapura or Parkway Parade. All week you would be looking forward to it.

casinos and shopping malls can be easily copied by other countries. We don't have comparative nor absolute advantage over other countries in these areas. so SG must not rely on such industries as engines of growth. Otherwise, we will run into trouble when other countries can do it better or cheaper than SG

TracyTan866 · Nov 26, 2014

mojito said:
Too much tax dollars and nowhere to be spent. Can't always be buying sand. Too suspicious!

Take care of cronies, and money will trickle down to the masses. Elementary.

keep building condos and malls will help CapitaLand and Temasek Holdings but kill SG in the long run

frenchbriefs · Nov 26, 2014

laksaboy said:
That's how you keep the economy going, even the smaller projects, e.g. more sheltered walkways, lift upgrading, dig up road and fill it up again.

Some of the things they are building now looks ridiculous. Have u see the overhead bridges that are so long i swear they are 50 meters long with so many stairs and pathways they zig zag here and there?I wonder whose paying for that shit.

TracyTan866 · Nov 26, 2014

frenchbriefs said:
Some of the things they are building now looks ridiculous. Have u see the overhead bridges that are so long i swear they are 50 meters long with so many stairs and pathways they zig zag here and there?

Make it longer so that construction cost is higher and cronies can make more money

TracyTan866 · Nov 26, 2014

laksaboy said:
That's how you keep the economy going, even the smaller projects, e.g. more sheltered walkways, lift upgrading, dig up road and fill it up again.

The Jewel is another money spinner for the cronies

Leongsam · Nov 26, 2014

TracyTan866 said:
The PAP has run out of ideas and is leading Singapore downhill. The pap is depending on casinos and shopping malls to lead SG into the future.

What would you suggest?

tonychat · Nov 26, 2014

TracyTan866 said:
these do not generate wealth for SG. what SG needs are products and services that can be sold and earn wealth for SG and Singaporeans

Well.. I export myself out of Sg and create economic growth for other countries.. This is what the PAP govt is exporting.

Deleted member 80916 · Nov 26, 2014

Has Singapore gone over-board, with real estate fluffing of prices up ?
What real net benefits, does real estate provide ?
Isn't Real Estate like self-cannibalism?

johnny333 · Nov 26, 2014

The problem is that there are too many PAPees & they are grossly overpaid. Which country pays their civil servants million dollar salaries :confused:

Spore tax payers can't afford so many parasites. Any future gov'ts that take over from the PAP will have to make cut backs & I expect them to be busy hunting down all the $$$ that is out there.

numero uno · Nov 26, 2014

TracyTan866 said:
This is the exactly problem which led SG into a bad recession in 1986. Construction normally doesn't create wealth for the country. It's a transfer of wealth unlike manufacturing which builds a product and then is exported to earn foreign exchange

thats what happens when you depend on gambling , real estate and construction sector all these while. even the casinoea are just for 2-3 years and when Korea, vietnam and phillipines open theirs and China clamp down on corruption, it would go bust. actually there is no real economy in sinkieland as not much talent and no creativity and no real product made. all teh financial products are con jobs and soon tehse wold die a quick death when people realise there is no short cut to getting rich.
everything here is copycat and almost all the success you hear in shitty times is just hot air perpertuated by the shiutty times. we do not have a bill gates or steve jobs or even a warren buffett. 99% of all the billionaires here are crooks or depend on property to get rich which is useless and not an indicator of how advanced or smart a country is. I forsee very difficult times ahead. the GINI coefficient is going to get wider.

TracyTan866 · Nov 26, 2014

Leongsam said:
What would you suggest?

other engines of growth except casinos and shopping malls.

TracyTan866 · Nov 26, 2014

tonychat said:
Well.. I export myself out of Sg and create economic growth for other countries.. This is what the PAP govt is exporting.

were you a Singaporean?

Casinos and Shopping Malls are Not The Answer

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