10-10-2021, 10:34 AM
(10-10-2021, 10:04 AM)kangtangman Wrote: Many Singaporeans will continue to support ruling party for fear of changes and the fear of losing their jobs. More importantly with the continual threat of losing investments as well as instability that brought by them not in power by our ruling party hanging in every elections will be the greatest fear for many.
Foreign investments will see a decline with our increasing labour costs, which is brought by the ever increase of our cost of living brought by our government that many failed to sees and agreed with. The chain reactions is a vicious cycles and that remains a challenge in the years to come. And with our government giving away subsidies to corporate governance by compromising the labour, we are being squeezed both end.
Therefore with that fear, many will continue to vote them in for the next 10-15 years. If not longer. In my opinion.
I do not say they will lose majority but losing more seats.
There are two types of investment,
one is hard asset, another is equity hot money.
Both are drying up, for later, signs are outflow coming...
It is pretty clear, Sg is on decline in importance.