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The fuck-up-ness of the Singapore Economic Model : Explained by PJ Thum

Heavy government intervention. Can control both your demand & supply. Look at COE.

Not enough demand, increase population by importing. Prices go up, LTA huat ah.....
 
jsctan said:
Heavy government intervention. Can control both your demand & supply. Look at COE.
Not enough demand, increase population by importing. Prices go up, LTA huat ah.....
Click to expand...
The astronomical cost of living in SG is a problem of the PAP's own making.
 
jsctan said:
They thrive on Inflation, speculation & creating demand.
Click to expand...
The SG govt's policies, like fiscal spending or monetary policy i.e. lower interest rates, may increase overall demand, which likely leads to demand-pull inflation, since the supply cannot keep pace.
 
True Believer said:
The SG govt's policies, like fiscal spending or monetary policy i.e. lower interest rates, may increase overall demand, which likely leads to demand-pull inflation, since the supply cannot keep pace.
Click to expand...
Sinkies wages not keeping to it unlike S Passes & E Passes.
 
jsctan said:
Sinkies wages not keeping to it unlike S Passes & E Passes.
Click to expand...
The wages of the PAP are skyrocketing though.
Ministers-GCBs.png
 
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