tag:blogger.com,1999:blog-11702093.post5938397041230357515..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Cruise ships and sampansTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11702093.post-45301406871704893222010-10-12T17:05:46.299+08:002010-10-12T17:05:46.299+08:00I just have a discussion with my financial adviser...I just have a discussion with my financial adviser. She is telling me that there are many foreigners setting up company here now in financial industry. No money in the West and now come to the East to dig $$. Better becareful with your hard earned $$ and look out when approach for investment. We are not like Hong Kong where you are backed by Govt to get your money back from those failed mini bonds or Lehman Bros investment. Here you die your business as long as there is good GDP growth to show.Unknownhttps://www.blogger.com/profile/07391062601598288512noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-48484350029403679912010-10-12T09:53:38.609+08:002010-10-12T09:53:38.609+08:00I am not an economist, and I do not know the mecha...I am not an economist, and I do not know the mechanism of how 3 trillion US$ can help anyone.<br /><br />Transfer that idea to Singapore.<br /><br />Our country is extremely small. Batam island is slightly bigger. How can we have a mechanism that will feed 4 million "true" Singaporeans?<br /><br />Competeing along manufacturing lines and shipbuilding is a sunset method.<br /><br />Cheaper, Better, Faster? cannot help either.. China is even cheaper, faster and getting better by the day.<br /><br />Creating a "safe" haven for wealth is one way, although how the earnings from this wealth is distributed is questionable.<br /><br />I like to think we have options that are viable, but I do not see it proposed anywhere.<br /><br />There is so much talk about how the current method, system is not fair enough.<br />There are very unclear ideas on how to replace this: protect workers, promote organic growth.. what does it mean?<br />That our island state have sufficient numbers to generate sufficient spending??<br /><br />For any economy, its the consumer that drives it. Consumers can be internal or external Do we have enough? <br />If 6million people were to spend S$1000 per month, will that be enough? to pay for a multi tier salary?<br />Where is the original S$1000 comming from?ronhttps://www.blogger.com/profile/13885661137371524688noreply@blogger.com