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SG MODEL Wrecked CHINA?

kongsimi

Alfrescian
Loyal
legalized corruption is bad.

it acts against what is morally right.

i am surprised God hasn't take action to address this issue.
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
PAP learnt from China first. The PAP refined it to suit the SG situation, and so that people are always at the edge but won't fall off the cliff.

Now the Chinese are facing their own internal problems due to the wide income gap between the prosperous coastal areas and the impoverish interior, and so they are studying how SG's PAP has refined the original model so as to get ideas on how to deal with their situation.
 

LeMans2011

Alfrescian
Loyal
The essence of what the clip is saying:

1) The Singapore model breeds widespread corruption and inefficient gigantic GLCs which depletes the nation's resources.
2) Korea and Taiwan in the past adopted a similar model but have since changed with times and adopt a more vibrant liberalised open economy which creates innovation and entrepreneurs. Singapore is stuck in the past, running out of ideas and meeting a dead end.
 
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Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
The essence of what the clip is saying:

1) The Singapore model breeds widespread corruption and inefficient gigantic GLCs which depletes the nation's resources.
2) Korea and Taiwan in the past adopted a similar model but have since changed with times and adopt a more vibrant liberalised open economy which creates innovation and entrepreneurs. Singapore is stuck in the past, running out of ideas and meeting a dead end.


Very true indeed.
 

Time2Evacuate

Alfrescian
Loyal
The essence of what the clip is saying:

1) The Singapore model breeds widespread corruption and inefficient gigantic GLCs which depletes the nation's resources.
2) Korea and Taiwan in the past adopted a similar model but have since changed with times and adopt a more vibrant liberalised open economy which creates innovation and entrepreneurs. Singapore is stuck in the past, running out of ideas and meeting a dead end.

Now, that is an astute and very sound observation of what really is going on. The unfortunate thing is that too many people in Singapore are still brain washed by the PAP and are too ignorant to really understand what is really going on, continuing to believe that PAP is the best of the best of the best and is never wrong and continuing to self-deceive oneself to think Singapore is doing well when in fact it only appears to do well on the surface.

The truth is that Singapore, because of PAP, is actually lagging behind other east asian countries, even though these other east asian countries. Singapore lags behind in so many aspects that it is worrying: democratic institutions, checks and balances, protection of individual rights and freedoms, free press, multi-party parliament, independent civil service, etc.

When you factor in all these attributes, you will see Singapore is far, far behind other east asian countries.
 
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Bigfuck

Alfrescian (Inf)
Asset
SOEs are kept by the old man for political reasons and to hide his obscene wealth. There no real economic reasons involved in having SOEs.
 

kopikia

Alfrescian
Loyal
The essence of what the clip is saying:

1) The Singapore model breeds widespread corruption and inefficient gigantic GLCs which depletes the nation's resources.
2) Korea and Taiwan in the past adopted a similar model but have since changed with times and adopt a more vibrant liberalised open economy which creates innovation and entrepreneurs. Singapore is stuck in the past, running out of ideas and meeting a dead end.

just look at the what has happened to the countries that used to be called 4 asian tigers. who has moved forward and who is still stuck in the 80s economic model of cooking property prices and consumption to prop up the economy.
 

prancku

Alfrescian
Loyal
PAP learnt from China first. The PAP refined it to suit the SG situation, and so that people are always at the edge but won't fall off the cliff.

Now the Chinese are facing their own internal problems due to the wide income gap between the prosperous coastal areas and the impoverish interior, and so they are studying how SG's PAP has refined the original model so as to get ideas on how to deal with their situation.

Agree with your analysis on Singapore learning from China and now China checking back on the changes.

The video is just shit talk to suggest that China has been ruined by the Singapore model for the past 30 years. When Teng Xiao Ping came to Singapore to seek some solutions to China's problems in the 90s, he did not export the Singapore model lock stock and barrel. China is just too big and complex to be managed by just the Singapore model nor owes its economic successes for the past 20 years to this model. There is just no comparison, China vs Singapore. The idiot commentator in the video is just finding a convenient punching bag for China's woes and Singapore just happened to be picked. What a shameless, stupid and idiotic moron.
 
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