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by contingencies 3348 days ago
How is this anything other than a straightforward win/win trade?

This statement may be shocking to you but people have rights and society has qualitative properties that cannot be purchased for money. 'Trade' is not the same as people's lives. If you treat people as disposable economic tools, you begin to create a culture and climate of facetious social engagement, private insecurity and fear... ie. your "win/win" becomes "lose/lose" very quickly.

there's no real old money

LKY and cronies laundered huge amounts of money from the pillaging of Indonesia, Malaysia and Myanmar's natural resources and established themselves as the highest paid politicians in the world. Much of the wealthy class in Singapore still owns significant business interests in those countries, such as vast palm oil plantations on recently deforested land. Meanwhile, the 'average' citizen is not doing so well, and the significant migrant labour underclass suffers daily out of economic desperation. These realities clearly represent dynastic, multi-generational wealth transfer and a stratified society. Basically, Singapore is a lot like Shanghai in conception ... rich people fled there during a period of relative instability then doubled down on exploiting regional postwar opportunities with the advantage of significant stores of capital.

the single best passport on earth

Gee, no rose-colored glasses there!

1 comments

> Gee, no rose-colored glasses there!

Simple fact actually. https://www.passportindex.org/byRank.php

As for the rest of your wild claims - if you had any evidence at all for any of it, your sensational exposé would probably topple the singapore government. Please, let me know before your book comes out so I can short some stocks!