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http://sghardtruth.wordpress.com/2012/06/07/deep-holes-weak-leaders/
With the "vote-for-any-except-pap-because-I-hate-pap" mentality, we could very well end up electing a weak government that would squandered our reserve instead of one that would build up the reserve. It is uniquely Singapore, the only country with no natural resource (not even water) ,could survive and thrive. Singaporeans now think we have resource aplenty.
"ONE of the most troubling features of today’s global economic crisis is the lack of political leadership anywhere.
No one has the courage to tell people the truth.
And the truth, alas, is that four of the pillars of today’s global economy – Europe, America, China and the Arab world – have, each in their own way, squandered huge dividends they enjoyed in recent decades, and now they have to dig out of their respective holes with fewer resources, less time and, almost certainly, more pain.
There is no easy way out. But, as confronting these hard truths becomes unavoidable,
I think we’re likely to see some wild, angry and destabilising politics that could make the economic recovery even more difficult."
With the "vote-for-any-except-pap-because-I-hate-pap" mentality, we could very well end up electing a weak government that would squandered our reserve instead of one that would build up the reserve. It is uniquely Singapore, the only country with no natural resource (not even water) ,could survive and thrive. Singaporeans now think we have resource aplenty.
"ONE of the most troubling features of today’s global economic crisis is the lack of political leadership anywhere.
No one has the courage to tell people the truth.
And the truth, alas, is that four of the pillars of today’s global economy – Europe, America, China and the Arab world – have, each in their own way, squandered huge dividends they enjoyed in recent decades, and now they have to dig out of their respective holes with fewer resources, less time and, almost certainly, more pain.
There is no easy way out. But, as confronting these hard truths becomes unavoidable,
I think we’re likely to see some wild, angry and destabilising politics that could make the economic recovery even more difficult."