1. F1 attendance down at least 27% this year compared to 2008
2. Retail sales down
3. Casinos are struggling and RWS may see its first year of losses in 2016
4. Bank share prices are down
The only things up are unemployment figures and teenage suicide rate
Kindly allow me to add.
- no natural resources,
- fast loosing financial hub advantages,
- no unique or scenic sites as tourist attraction,
- fast loosing entrepôt trade as technology and transport advancement diminished this location advantage (KRA Canal project will be the final nail)
Yet with its core middle managers jobless and loosing their experience fast, there's is really nothing much left of SG once a Mother of all crisis happen, such as a huge Ponzi scheme rears its head.