With Singapore having no other natural resources except for Human Resource - at this time of global economic crisis - can Singapore redirect the focus on growth by having policies to accelerate economic growth through domestic consumption ?
The Cost of Singapore’s heavy export reliance is that Singapore will always be subjected to the swings of economic fortunes from other trading nations.
Kenneth Jeyaratnam had asked - ’Will this be Singapore’s Lost Decade ?’
In his view - "As a city-state of 4.5 million people depending heavily on trade in goods and services, Singapore is highly vulnerable to external shocks. A larger population would enable the country to build domestic demand to help balance fluctuations in external demand. Besides, export-oriented services targeted for expansion such as tourism, entertainment, health care, and education would benefit from a larger domestic market that would help increase scale and thus lower costs. The Government is planning for a substantial increase in population; it has revised its long-term population projection in its planning framework from 5.5 million to 6.5 million."
For the brilliance of one "swei-siao hog" in this Speaker's Corner - with an IQ of 2 but need 3 to grunt - since human resource is the only natural resource - it will be brilliant to see Singapore indulging in "Human Trading" by bringing in more immigrants to boost the population size in Singapore from 4.5 million to 6.5 million.
Is it impossible for the Singapore Government to "accumulate annual surplus when international inflation rate exceeds local minimum liviable wage" ?
The Singapore PAP Government has assured that the “MAS will adopt a policy of targeting a modest policy to maintain price stability for sustained economic growth. In setting the exchange rate policy, the MAS seeks to strike the right balance between inflation and growth considerations.”
With such an assurance given, will it be impossible for the present modest domestic economic activities to be further developed and accelerated ?
Perhaps views can be further developed with the help of some other blogger's efforts in writing on ‘Simple guide to Singapore domestic consumption’.
Originally posted by Atobe:
With Singapore having no other natural resources except for Human Resource - at this time of global economic crisis - can Singapore redirect the focus on growth by having policies to accelerate economic growth through domestic consumption ?
The Cost of Singapore’s heavy export reliance is that Singapore will always be subjected to the swings of economic fortunes from other trading nations.
Kenneth Jeyaratnam had asked - ’Will this be Singapore’s Lost Decade ?’
In his view - "As a city-state of 4.5 million people depending heavily on trade in goods and services, Singapore is highly vulnerable to external shocks. A larger population would enable the country to build domestic demand to help balance fluctuations in external demand. Besides, export-oriented services targeted for expansion such as tourism, entertainment, health care, and education would benefit from a larger domestic market that would help increase scale and thus lower costs. The Government is planning for a substantial increase in population; it has revised its long-term population projection in its planning framework from 5.5 million to 6.5 million."
For the brilliance of one "swei-siao hog" in this Speaker's Corner - with an IQ of 2 but need 3 to grunt - since human resource is the only natural resource - it will be brilliant to see Singapore indulging in "Human Trading" by bringing in more immigrants to boost the population size in Singapore from 4.5 million to 6.5 million.
Is it impossible for the Singapore Government to "accumulate annual surplus when international inflation rate exceeds local minimum liviable wage" ?
The Singapore PAP Government has assured that the “MAS will adopt a policy of targeting a modest policy to maintain price stability for sustained economic growth. In setting the exchange rate policy, the MAS seeks to strike the right balance between inflation and growth considerations.”
With such an assurance given, will it be impossible for the present modest domestic economic activities to be further developed and accelerated ?
Perhaps views can be further developed with the help of some other blogger's efforts in writing on ‘Simple guide to Singapore domestic consumption’.
So it seems that Atobe can only twist and turn basic simple English into gibberish. Trading is of course selling products for monetary benefit, so Trading in Humans means selling Humans for money. Of course, any Singaporean above the age of four years old should known that my posting is terms of linguistic irony. Members of Sgforums all know Atobe is just a low-iq son of a bitch who can only bitch in theorectical politics while dreaming of a militant revolution in Singapore. So here's the low-down for you: Atobe can go on sucking CSJ's poor little penis and his theories of civil disobedience, while the rest of the Singaporeans are worrying and planning for Singapore's future in the expanding global inflation of the international market.
Ignorance can be cured, Stupid is forever.
Little things affect little minds.
With such a little mind, try not to be a weiner-head.
Originally posted by Atobe:
Ignorance can be cured, Stupid is forever.
Little things affect little minds.
With such a little mind, try not to be a weiner-head.
At least you know yourself.
Originally posted by Herzog_Zwei:
At least you know yourself.
Calling you stupid would be an insult to stupid people.
Originally posted by Atobe:
Calling you stupid would be an insult to stupid people.
Originally posted by Atobe:
Calling you stupid would be an insult to stupid people.
Yes, as you will be lying.
Originally posted by Herzog_Zwei:
Yes, as you will be lying.
Don't get insulted, but is your job devoted to spreading ignorance ?
Originally posted by Atobe:
Don't get insulted, but is your job devoted to spreading ignorance ?
More like developing mind-machine interfaces to remove stupidity from your brain.
Originally posted by Herzog_Zwei:
More like developing mind-machine interfaces to remove stupidity from your brain.
Your purpose in life is simply to serve as a warning to others.
Keep it up.
Originally posted by Atobe:
Your purpose in life is simply to serve as a warning to others.
Keep it up.
Yes, I develope organic cyberware.
Originally posted by Herzog_Zwei:
Yes, I develope organic cyberware.
Everyone is gifted, some open their package sooner, and too early in life.
Originally posted by Atobe:
Everyone is gifted, some open their package sooner, and too early in life.
You won't be missed by the general society of Singapore.
Hey, it's the eve of National Day, and still arguing, respect the country lah.
Please lor... haven't make full use of the resources already outsource... wtf... leaving thousands unemployed...
I was hopping to revert to 3.5 million in Singapore can't even imagine or comprehend 6.5 million in Singapore.
we can have our own natural resources....
example, oil
We create a cave, drill to our neighbour's oil reservoir and drain it to the cave we made.
okay... but you realise that will take years to drill the tunnel to link the nearest oil reservoir, right?
Originally posted by Atobe:
With Singapore having no other natural resources except for Human Resource - at this time of global economic crisis - can Singapore redirect the focus on growth by having policies to accelerate economic growth through domestic consumption ?
The Cost of Singapore’s heavy export reliance is that Singapore will always be subjected to the swings of economic fortunes from other trading nations.
Kenneth Jeyaratnam had asked - ’Will this be Singapore’s Lost Decade ?’
In his view - "As a city-state of 4.5 million people depending heavily on trade in goods and services, Singapore is highly vulnerable to external shocks. A larger population would enable the country to build domestic demand to help balance fluctuations in external demand. Besides, export-oriented services targeted for expansion such as tourism, entertainment, health care, and education would benefit from a larger domestic market that would help increase scale and thus lower costs. The Government is planning for a substantial increase in population; it has revised its long-term population projection in its planning framework from 5.5 million to 6.5 million."
For the brilliance of one "swei-siao hog" in this Speaker's Corner - with an IQ of 2 but need 3 to grunt - since human resource is the only natural resource - it will be brilliant to see Singapore indulging in "Human Trading" by bringing in more immigrants to boost the population size in Singapore from 4.5 million to 6.5 million.
Is it impossible for the Singapore Government to "accumulate annual surplus when international inflation rate exceeds local minimum liviable wage" ?
The Singapore PAP Government has assured that the “MAS will adopt a policy of targeting a modest policy to maintain price stability for sustained economic growth. In setting the exchange rate policy, the MAS seeks to strike the right balance between inflation and growth considerations.”
With such an assurance given, will it be impossible for the present modest domestic economic activities to be further developed and accelerated ?
Perhaps views can be further developed with the help of some other blogger's efforts in writing on ‘Simple guide to Singapore domestic consumption’.
Has anyone really considered why are the implications of growth fueled by consumption? In a world with finite resources, our so-called economic growth through consumption is merely short-term gratification with production of goods solely for profit with no thought for the environmental (See Story of Stuff), not to mention psychological impact on society.
To quote from an article from The New Scientist:
...
But there's another, more recent factor that's making things even worse, and it's an invention of human culture rather than an evolved trait. According to Rees, the change took place after the second world war in the US, when factories previously producing weapons lay idle, and soldiers were returning with no jobs to go to.
American economists and the government of the day decided to revive economic activity by creating a culture in which people were encouraged to accumulate and show off material wealth, to the point where it defined their status in society and their self-image.
Rees quotes economist Victor Lebow as saying in 1955: "Our enormously productive economy demands that we make consumption our way of life, that we convert the buying and use of goods into rituals, that we seek our spiritual satisfaction and our ego satisfaction in consumption. We need things consumed, burned up, worn out, replaced and discarded at an ever-increasing rate".
In today's world, such rhetoric seems beyond belief. Yet the consumer spree carries on regardless, and few of us are aware that we're still willing slaves to a completely artificial injunction to consume, and to define ourselves by what we consume.
"Lebow and his cronies got together to 'create' the modern advertising industry, which plays to primitive beliefs," says Rees. "It makes you feel insecure, because the advertising industry turned our sense of self-worth into a symbolic presentation of the possessions we have," he told me. "We've turned consumption into a necessity, and how we define ourselves."
The result is a world in which rampant consumption in rich countries is rapidly outstripping the resources in the world needed to satisfy demand.
...
"Advertising is an instrument for construction of people's everyday reality, so we could use the same media to construct a cultural paradigm in which conspicuous consumption is despised," he says. "We've got to make people ashamed to be seen as a 'future eater'."
Originally posted by freedomclub:Has anyone really considered why are the implications of growth fueled by consumption? In a world with finite resources, our so-called economic growth through consumption is merely short-term gratification with production of goods solely for profit with no thought for the environmental (See Story of Stuff), not to mention psychological impact on society.
To quote from an article from The New Scientist:
...
But there's another, more recent factor that's making things even worse, and it's an invention of human culture rather than an evolved trait. According to Rees, the change took place after the second world war in the US, when factories previously producing weapons lay idle, and soldiers were returning with no jobs to go to.
American economists and the government of the day decided to revive economic activity by creating a culture in which people were encouraged to accumulate and show off material wealth, to the point where it defined their status in society and their self-image.
Rees quotes economist Victor Lebow as saying in 1955: "Our enormously productive economy demands that we make consumption our way of life, that we convert the buying and use of goods into rituals, that we seek our spiritual satisfaction and our ego satisfaction in consumption. We need things consumed, burned up, worn out, replaced and discarded at an ever-increasing rate".
In today's world, such rhetoric seems beyond belief. Yet the consumer spree carries on regardless, and few of us are aware that we're still willing slaves to a completely artificial injunction to consume, and to define ourselves by what we consume.
"Lebow and his cronies got together to 'create' the modern advertising industry, which plays to primitive beliefs," says Rees. "It makes you feel insecure, because the advertising industry turned our sense of self-worth into a symbolic presentation of the possessions we have," he told me. "We've turned consumption into a necessity, and how we define ourselves."
The result is a world in which rampant consumption in rich countries is rapidly outstripping the resources in the world needed to satisfy demand.
...
"Advertising is an instrument for construction of people's everyday reality, so we could use the same media to construct a cultural paradigm in which conspicuous consumption is despised," he says. "We've got to make people ashamed to be seen as a 'future eater'."
http://en.wikipedia.org/wiki/Anti_consumerism
Below site will be of interest to you:
Originally posted by caleb_chiang:okay... but you realise that will take years to drill the tunnel to link the nearest oil reservoir, right?
i know...but it's worth the while....who knows we might strike diamonds in the process
I think might strike lava first.
Originally posted by caleb_chiang:I think might strike lava first.
haha...singapore's very own volcano emerge..
Originally posted by freedomclub:Has anyone really considered why are the implications of growth fueled by consumption? In a world with finite resources, our so-called economic growth through consumption is merely short-term gratification with production of goods solely for profit with no thought for the environmental (See Story of Stuff), not to mention psychological impact on society.
To quote from an article from The New Scientist:
...
But there's another, more recent factor that's making things even worse, and it's an invention of human culture rather than an evolved trait. According to Rees, the change took place after the second world war in the US, when factories previously producing weapons lay idle, and soldiers were returning with no jobs to go to.
American economists and the government of the day decided to revive economic activity by creating a culture in which people were encouraged to accumulate and show off material wealth, to the point where it defined their status in society and their self-image.
Rees quotes economist Victor Lebow as saying in 1955: "Our enormously productive economy demands that we make consumption our way of life, that we convert the buying and use of goods into rituals, that we seek our spiritual satisfaction and our ego satisfaction in consumption. We need things consumed, burned up, worn out, replaced and discarded at an ever-increasing rate".
In today's world, such rhetoric seems beyond belief. Yet the consumer spree carries on regardless, and few of us are aware that we're still willing slaves to a completely artificial injunction to consume, and to define ourselves by what we consume.
"Lebow and his cronies got together to 'create' the modern advertising industry, which plays to primitive beliefs," says Rees. "It makes you feel insecure, because the advertising industry turned our sense of self-worth into a symbolic presentation of the possessions we have," he told me. "We've turned consumption into a necessity, and how we define ourselves."
The result is a world in which rampant consumption in rich countries is rapidly outstripping the resources in the world needed to satisfy demand.
...
"Advertising is an instrument for construction of people's everyday reality, so we could use the same media to construct a cultural paradigm in which conspicuous consumption is despised," he says. "We've got to make people ashamed to be seen as a 'future eater'."
Don't need to take him too seriously...
The whole idea of this particular thread is for Atobe to indulge in another of his personal attacks.
Originally posted by Jianye:i know...but it's worth the while....who knows we might strike diamonds in the process
start digging, tomorrow is holiday. lol