- Joined
- Jul 10, 2008
- Messages
- 64,955
- Points
- 113
But now, why should our sons serve NS? What are they protecting? Is this even our home? Our country? Please tell me, what is worth protecting in Singapore?
In the early days, the Singapore currency was $8 to the Pound and $4 to the USD. Landed property was cheap and plentiful. A Terrace house could be bought for $20,000. An HDB 3 room flat was $6000.
If Singapore had been invaded in 1970, I could have run for my life and left behind less than SGD 30,000 of assets. My cash would have become worthless after the invasion but it wasn't worth much to begin with so no major loss.
In 2013, if Singapore was invaded, the majority of Singaporeans would see more than $1 million to $2 million of assets go down the drain. They'd go from being millionaires to paupers in no time at all.
The defense of Singapore Inc is far more important today than it was in the early days.