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Commentary: What local business closures tell us about the cost of over-romanticising our own nostalgia

When the iconic Thambi Magazine Store closed on May 5, many took to the Internet to lament its loss. But when was the last time any of us actually handed over cash for a magazine there? Perhaps instead of waiting for nostalgia to bring out the best in us, it’s time to put our money where our mouths are, says this former business owner.

https://tdy.sg/45AQIRC

@todayonlinesg
Arguably the best Ipoh Horfun in S'pore is no longer operating here

[Image: images?q=tbn:ANd9GcQt0X5YsMk4DwBtoJX3Kuw...OknQcsNg&s]
Arguably the best pau in S'pore closed for good in Jan 2019.

https://www.straitstimes.com/lifestyle/f...rand-shuts
Now SG is ALL about properties and properties rah .
(18-06-2024, 06:06 PM)[[ForeverAlone]] Wrote: [ -> ]Now SG is ALL about properties and properties rah .

https://www.todayonline.com/singapore/ri...exist-ravi
Ravi Menon, Managing Director of the MAS stated at a lecture series organised by the Institute of Policy Studies, a think tank under NUS that: “Market processes are allocating an increasing share of national income to income from property and other financial assets and a reducing share to income from work. This is a development that we should be deeply concerned about. Wealth inequality, too, can undermine meritocracy, a social system where people gain success or are rewarded based on their abilities, hard work or talent".