The poverty trap happens in Japan too and i think Singapore will soon follow. Basically cost of living is beyond ordinary citizens once the rich-poor income gap widens.
History seems to repeat itself. I have considered the possibility of the fall of the Roman Empire parallel to what America/Singapore/Japan are experiencing today.
The poverty trap happens in Japan too and i think Singapore will soon follow. Basically cost of living is beyond ordinary citizens once the rich-poor income gap widens.
ReplyDeleteHistory seems to repeat itself. I have considered the possibility of the fall of the Roman Empire parallel to what America/Singapore/Japan are experiencing today.
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