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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.....
 
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.....
The astronomical cost of living in SG is a problem of the PAP's own making.
 
They thrive on Inflation, speculation & creating demand.
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.
 
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.
Sinkies wages not keeping to it unlike S Passes & E Passes.
 
Sinkies wages not keeping to it unlike S Passes & E Passes.
The wages of the PAP are skyrocketing though.
Ministers-GCBs.png
 
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