Il court, il court

Il est passé par ici, il repassera par là

Krugman was wrong! February 24, 2011

Filed under: Life In Singapore — ilcourtilcourt @ 14:38

Well, not really, but it only highlights that Singapore groth is mostly achieved with close to zero productivty gains, mainty growth in population (and size incidently).

The paper written 1994 failed to foresee that the PAP will resort to brute force expansion of the workforce and population to keep the economy growing. Never in the Nobel Prize winner’s mind could he imagine that a country would import foreigners in large numbers to maintain high economic growth.

via Diary of A Singaporean Mind: Singapore population crosses 5M….Part 2..

 

Singapore: lagging behind for pollution standards

Filed under: Uncategorized — ilcourtilcourt @ 14:33

As noticed before, compared to international standards, Singapore has been neglecting small particules, emitted for example by burning fossil fuel
Note that “data is not made public” because “it is useless to the public”

And this is just air pollution standards, don’t get me started on noise pollution standards.

Singapore: Fine particles a growing concern though air pollution ‘in good range’ | News | eco-business.com.

 

StraitsTimes: Oh My God! only 2x more applicants for flats to be built in the next 5 years!!! February 7, 2011

Filed under: Life In Singapore — ilcourtilcourt @ 20:41

What is The Singapore Pravda trying to tell us? that the PAP should stop building new flats? that the cooling measures are working?

The fact remains that the PAP has not built enough HDB (10x less than population increase) in order to prevent a collapse of the local banks (up till their eyes in bad loans)

Of course if you had to choose for a flat that you know is only be available in 5 years you would be careful

However the two projects at Yishun, featuring 1,548 flats ranging from 2-room to 5-room units, got 1.8 times as many applicants as there were flats on offer. The 2-room units were the only ones that were undersubscribed, with just 132 applicants for the 192 units available.

via Slow take-up for Build-To-Order flats at Yishun.

 

Values? what values?

Filed under: Life In Singapore — ilcourtilcourt @ 20:25

At the core of their belief system is the idea that the PAP is the fittest bunch of people in Singapore to rule. Chiefly they see themselves as the best and brightest, with a solid determination to stay incorruptible, at least in legalistic, cash terms. Corruptibility in terms of power warping one’s sense of entitlement to other privileges, e.g. higher official salaries and immunity from media and public scrutiny, is not considered corruption.

via Values for power « Yawning Bread on WordPress.