🇸🇬 Singapore: The world's richest city | 101 East
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- čas přidán 15. 06. 2024
- China may soon be the birthplace to half the world’s billionaires but Singapore - the world’s richest city - is where they go to play.
Some of the rich and famous who have moved to the tiny Southeast Asian island republic include Indian telecom tycoon Bhupendra Kumar Modi, Chinese movie superstars Gong Li and Jet Li, New Zealand billionaire Richard Chandler, and famed US investor Jim Rogers.
One in six households in Singapore have a net worth of $1m, reflecting the flow of wealth eastwards as the centre of global economic activity shifts to Asia.
With low taxes, a reliable, corruption-free government and protective private banking laws, the world’s ultra-rich are flocking to make Singapore home, giving it the highest percentage of millionaire households in the world.
While the rich have fun, locals are struggling to keep up with the rising cost of living.
Statistics show the wages of Singapore’s bottom 20 percent have fallen by about 10 percent in real terms in the last ten years, while incomes for the top 20 percent have grown by about 30 percent.
Cries for a larger social security net for the poor are getting louder but this will mean increasing taxes. So, can Singapore, the economic miracle, sustain the ultra-rich’s attention for long? Or will the party end soon?
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I am Singaporean and I love Singapore. Its a great place to bring up kids. No drugs, little crime. School can be stressful. But if you work hard, you will have a good future.
***** You don't specify on how they suck money. They tax a whole lot lower than Western Countries.
***** The forced savings system (CPF) is there to ensure the future of the population. In the West, elderly people constantly cause problems and have to be taken care off. They blow their money and go bankrupt.
The CPF is a harsh but realistic way to make people save money to insure their future.
No drugs? No coffee, soda, cigarettes or alcohol?
@@fiordeliber as i know younger people are causing more problems,
work till u meet the coffin....
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been to singapore airport and I've seen elderly people who are supposed to be retired cleaning toilets
LOL huh? elderly people cleaning toilets ! thats better than ghetto bangers shooting up the neighborhood.
i'de take s'pore any day
+bunnykissme Nice! You know what they say. Idle hands are the devil's playground. Here in Malaysia, elderly people who are supposed to be retired spend their day gambling their kids money away.
Its the same nearly everywhere you go.
75 years of retirement age now
Lived in SG for 20 years... not a single soul i know lives in those luxury apartments. Most of us live in cramped HDB...
lol me too. lived in Singapore for 20 Years. Regardless, Its a very efficient country. Extremely competitive. You have got to be truly smart or have a good capital to push you up to an elite status. If you snooze you lose!
KunoichiGal True. Then again, this documentary focuses mainly on the filthy rich. Lol. I prefer hdb with neighbours and hawker centres nearby.
The hawkers and extensive wide variety of food!! You never get bored when it comes to food! It is everywhere. Singaporean favorite past time. In fact that's the cheapest things to do.
I remember being in Singapore but never could blend well because most of the things i love and adore are not accessible. Near impossible. Too darn expensive. Most of my relatives who are in Singapore spent most times going to hawker place and shopping. Sure they will buy branded stuff but thats cause they cant afford to buy a car. And if they do own one, its a measly Toyota Yaris. That they can only keep for 10 years! Why dream when I can live the dream eh
Pinky Racing most restaurants and cafes can be ridiculously expensive and the taste.... Well... It's so-so. But the food at hawker centres usually are reasonably priced and tastes as if it's cooked by your grandparents or parents. I personally don't see the need to own a car since the public transportations are efficient. But you know... To each their own. Some of colleagues.... To them... Having a car now equal to social success status to some. Like they have made it. Which is bollocks. Haha * shrug *
KunoichiGal
Been to Singapore. Beautiful city but gets boring if you stayed in a few months
Thats because you never adopted a cat there!!
How dare u.. Huhu
One of the safest counties in the 🌎 with no nature disaster. I don't mind paying for it
poor people always felt it is boring , simple as that
What is boring is relative, depends on what is your interest and passion. If its purely sighteeing then of course after some time you want to look for new things. Good thing is for those who live here they have all the comforts and modernity, great facilities and infrastructures, real safety and security etc. And they can easily visit the neighbourhood countries like Malaysia, Indonesia, Thailand, Philippines if they like nature, mountains and beaches etc Perhaps you are a boring person so you only see a reflection of yourself hahahahaha
its amazing how for the cost of a 4-5 room HDB apartment in Singapore can buy 1-3 mansions in other countries depending on the location
It's a simple theory.
It's because of the location and access to the world. They are a financial hub remember.
And their country is very stable politically as well as their society
It's like buying an apartment in central New York VS a house in downtown New Jersey?
It's all about preferences.
Actually, it's because of the land in Singapore. We're an awfully small country, non-existent on most world maps. As such, land is a particularly important commodity where the supply is vastly less than the demand. This of course causes the price of land to skyrocket even with the Government's innovative measures of high-rise public housing. It's pretty different from what you speak of New York vs New Jersey, even land with the lowest property/development value can yield resonable prices. Not really due to Singapore's economic advancement.
It's not a fair comparison to say that a HDB can buy 1-3 mansions in other countries
Singapore is a global financial hub with advanced infrastructure and connectivity
It's like comparing an apartment in New York to a house in say, texas or California?
A small New York apartment could be sufficient to buy multiple houses in Texas and California? Why? Because New York is the US's business district and it has better connectivity and infrastructure compared to Texas?
To put it Simple, what not you just say, a house in Singapore could have bought lands in Africa?
You get a bigger place to stay, but don't forget, you also get lower quality of life = poorer infrastructure, connectivity etc?
Just think, how much time to take to go to a supermarket in Singapore
VS
How much time for a supermarket in Africa?
In Singapore, you can drink water directly off the tap
VS
can you do that in Africa?
How much are your wages in Singapore
VS
How much wages for the same job title in Africa?
sorcereh1 I can't say anything about wages because I'm a kid, but in the US, I believe, there is still around the same amount of or even more of infrastructure development. However, housing prices are undoubtedly cheaper there that in Singapore. I'm under the impression that you're not a local, so, to tell you, this is the real situation here. Even back then, when Singapore was a poor Third-World country, housing prices were still higher than that of other countries. Us locals here know that this is the reason, which is why we aren't complaining. In fact, it is surprising that most Singaporeans have a roof over their head, despite the prices. Basically, the cost of living here is high because we have very limited resources. As our late Minister Mentor Lee Kuan Yew said, "Singapore's only resource is its people". This being said, our scarce resources, including land explains the high housing prices.
SINGAPORT IST BORING BECAUSE IT HAS NO REAL HISTORY , IT IS SOMETHING ELSE BUYING A MANSION IN NEW YORK COMPARED TO A LITTLE APPARTMENT IN SINGAPORT . ARTIFICIAL CITIES AND COUNTRIES DONT GIVE YOU THAT FEEL OF BEING A WINNER .
Talk about economic inequality. Not all Singaporeans want money. Some of us just want spirituality and this is not the place to be.
As a Singaporean, I feel that this documentary is over rating Singapore. Singaporeans now are struggling to make ends meet, most of the local middle-aged PMETS are becoming taxi drivers or security guards. Things were better during LKY era especially in the 80s, 90s.
I wanted to be a graduate taxi driver after losing my job but even that is hard now with so many of us getting into the industry. Soon, we will have master degree holders driving cabs.
I live in Singapore :O I never in my life saw a video about Singapore
PATHETIC
Thats because you are a cat.
I live in CZcams :O I never in my life saw a cat writting comment about Singapore
Let's just say that those who aren't Singaporean that have lived here for a LONG time, EVEN IF YOU HAVE BEEN IN SINGAPORE, will never know what Singapore truely is. Yes, it is the wealthiest country/city in the world based on statistics, but it doesn't mean it has it's bad sides. Those countries that doesn't necessary be placed in the "first-world country" catergory, they still have their good sides. Stop hating on Singapore, and other countries just because you don't want to believe that is real or just want to undermine those kind countries, because others can say the same for your country.
So well said!!🧚🏻♀️🌸🇸🇬🌸🧚
Thumbs up! Singapore!🇸🇬👏Proud to be Singaporean
Thanks for posting,
our country, Singapore is being fair to everyone in Singapore. everyone can afford a house to stay , afford to eat. Singapore have good foods in hawker centers for people who cant afford to eat restaurant in Singapore. LKY have done us proud to make everything fair for us especially racial harmony. We have no homeless people in Singapore. Every child will go to school, neigbourhood schools or private schools. Even after retirement, Singaporeans have cpf for retirement life.
+Lim Joshua "Everyone can afford a house to stay, no homeless people in singapore, cpf for retirement" All false LOL. You do not know the plight some Singaporeans are in
No homeless people? What nonsense are you blabbering? There ARE homeless people in Singapore though not as many as in countries like the USA.
+CHUA SHAWN have seen before? they dont sleep on floors or whatever, the all ahve a roof under them to love and stay in.
+CHUA SHAWN The only homeless people in the usa are people choosing to be homeless. Theres so many homeless shelters here its crazy, and obama care makes it almost impossible to be homeless
I"d love to live in Singapore if I had money. Much better than cold Canada and close to all kinds of interesting tropical countries and islands. ONly problem is rich people can only afford a middle class lifestyle in Spore.
Yes that is true, but you could earn more money and upgrade to a more affluent lifestyle if you desire.
Nah, you wish you didn't say that. I'm a Singaporean and I wish was in your place. Stay here for about a month and you'll see.
JESUSISGREATEST There are pros and cons. Sonetimes I wonder if the stress is really worth it or not.
Ignatiushalo Spartan Singapore is only good for living if you're rich, regardless of your nationality. Native or not.
JESUSISGREATEST Yeah I acknowledge the fact that us Singaporeans are rich.
Singapore is efficiently run like a hotel, but like hotels, as luxurious and glamorous as they come, they still don't have that homely feel. Our ministers are like corporate honchos, talking about statistics and ranking all the time, which doesn't really endear them to the citizens, esp the low to middle income, but definitely sweet music to the elites and who's who. So in short, Singapore is really a nice playground or cabaret if you are rich and young, but if you are poor and/or old plus sick, you had better learn to fend for yourself because welfare assistance programmes are meant only for the very very very poor. Singapore looks good from the outside which is why foreigners come here with oohs and aahhhs, but the ones who live inside will know how inadequate and malfunctioning our core is.
Yeah, America is so much better than SINKAPORE
Exactly
@@jarenong riots and school shooting?And US does not good heathcare if you can't afford it
@@jarenong lol good joke
@@jarenong you got to give credit where credit is due. Singapore's poorest still live a lot better than most poor out there -- without access to clean water and good facilities. However, as humans with selfish needs, we tend to compare and this is why no matter how efficiently a country rans, we feel unhappy and depressed when we are not at the top... hence, Singapore lacks the "soul" or creative energy for the average Joe to live a fulfilling life.
Left Singapore 20 years ago. Never look back or visit! Folks will be critical but truth is I'll never forget my roots and I do love Singapore . Good memories . My lifestyles, wants and needs will not make me who I am today if I stayed. Growing up, I see lots of things I know I'll only get in my dreams and living in envious. What I'm trying to say is, I'm not dreaming and not living in envious! What I do miss however "FOOD" !!!!!!
Good riddance!!
Rich, ruthless, cold blooded, barbaric, sadistic, sick Singapore.
+somuchsolittleful
Loveless, fretful, egotistic, fake, artificial, robotized ...
and squeaky clean.
If I ever find myself in Singapore, I will make a point to visit one of those Eighteen Chefs restaurants.
A man making a point to serve good food and employ people who would otherwise be in prison or doing other harmful things will get my money much, much faster than a 4 star restaurant with a world renowned chef.
facts
Sydney has temperate climate. Not too hot like SG or cold like Vancouver.
Singapore must be indeed the world's richest city - the poorest get housing, formed community help units and have no crime.
the rich gets richer while the poor gets poorer
says the dumb one
Take an economics class and understand the effects of taxes, do some research on Singapore while you're at it to really understand the reason behind taxes.
yeah but my government does a good job maintaining the gap unlike america or any other countries
Wayne Chan
Isnt that the same everywhere ?
Taking a few decades to pay off your house is the same as in the U.S.
+Law19157 not true. depends where you live.
Where in the u.s. can you pay off your house in less than a decade? and I'm not talking about trailer parks or boat houses
Also depends on income
@C Y C O It's a lot longer if you have less income but it'll take around the same period of time if you buy something in your budget between 200k to 400k. People making 6 figures still have a hard time paying off house in less than a decade because here in the SF bay Area home prices close to major tech industries can reach over a million dollars, so it'll take them over a decade to pay it off as well. Only if your income is over a million dollars annually can you pay off a home in less then a decade assuming what exactly your income is and if you're buying a mansion or a regular sized home.
To be more precise, all public housing in Singapore is on a 99-year lease from the government, only limited private housing is freehold.
that i like in Singapore people work so hard and efficiently , when i was changi airport that single person can handle many passagers into the gate with nice smile. she was such a nice girl work in the airport..that make Singapore rich
19:07 Why is it so difficult for people to understand that more kids = more expenses?
He's referring to that malay guy in the video who earns $600 a month and has 6 kids.
you base your conclusion on one malay family in one video you see on the internet made by a stranger ? Grow up.
sun light my post is in response to one statement made by one person. The rest is your assumption.
***** Sure, and I find happiness in spending all my weekends at the spa. Does that mean I should and then moan about how surviving in my country is so expensive?
Public transportation and safety is fantastic in Singapore.
The interviewer really needs to tailor that suit of his.. Hahaha
Awesome Channel, Great Videos. Liked it :-)
Writing this comment from Singapore right now. Been here for three months from America. I'm probably the only white, non-backpacking person out here that's living at or below the poverty line.
Take my word... Unless you're one of the wealthiest people on the planet or get hired as a teacher... This place is fucked.
Jonathan Rodriguez
So u dont like living here, why r u here? Go back to Usa then.
The place where money goes to dissapear :)
One way diode for moneyflow... pay and pay!
Definitely a beautiful city with great wealth! There are beautiful kind souls among the locals if you penetrate deep into the heartlands. Clearly a safe and stable place to raise a family.
No. It's too expensive our gst increasing from 7 to 8 percent its too expensive now even hdb cost 1 million dollars
And most of us take the metro which is rising and we live in hdb public housing and we don't own ferrais
Foreigners a re stealing our jobs
So they are stealing wealth.
I've been to this pretty city a few times for shopping. It's awesome!
It looks so clean and tidy. Just the way I like it. People who respect where they live.
It is clean not so much out of respect but more of out of fear of getting slapped with a fine.
not really that clean.I've seen cleaner places.used to be way more cleaner here though.
Anthony Santoro visit Singapore and you will see how dirty it is. Legit
Nick Ferhan exactly.
Its clean not just because people don't like to litter but instead that they are a small nation have a well functioning waste management system. Theres a lot more which goes behind keeping a place clean then you think!
what I hate most is the constant reminder of how mediocre and below average my pay is. being reminded every other day that you are in the bottom 20% of earners while the rich rub their wealth in ur face, its no wonder that Singapore is the world most unhappiest country :(
iyour probably only in the bottom 20% in your country, take a look at the pay scale globally, and you'll realize 20k a year puts you in the top 7%
not too worry , we will all be on the same hourly rate lol , in the future weither we like it or not , people like you and i will be able to deal with it cos we had nothing too loose anyway financially , and we cope people who are rolling in the bucks to them it will be the end of the world. Being rich and up there is a curse .
yap! the most unhappy!
Maybe you should stop focusing on what everybody else has and does and start focusing on what YOU can do to make yourself better off.
For the rich it is a very exciting city.
For the poor, of course, you will find it boring.
With so many saying Spore is boring, it is clear that there are more poor people than rich people in Spore.
+ken wonga I agree with you I am singaporean myself can found it boring here
I know that the laws in Singapore are part of a wider Asian thing and not necessarily influenced by Islam or Muslims. I grew up in China. I was just asking the other poster why Islam is becoming a trend in Singapore, because that was fresh news to me. Thanks for the reply.
This is happening in costa rica too. So many expats came and bought lots of properties mel gibson included. Now cost of land is sky high
Singapore- The country catered to millionaires foreigners and the rich.
Name one country that purposely caters to poor people.
Why should any country cater to poor people. The needs of the few outweigh the needs of the majority.
***** You don't even know where I'm from LOL
You just assume.
The education system in Singapore isn't any better too, when the government only chooses to focus more on scholastic achievements. They only reward students with good results and those with 'good leadership', as they call it. There's little space for the younger generation to develop their talents and most of them just want to get good grades and have high paying jobs.
The younger generation is not exposed to the different areas and hence their focus is still mainly on making money. It doesn't help that more Singaporean parents are giving their children money incentives when they do well academically.
Your case study is based on probably the bottom 5% of the population?
Singapore is a meritocratic country, you worked hard, you get rewarded hard. Simple theory.
When you cease to work hard and fall back, you got only yourselves to blame?
And this is why Singapore managed to progress to what it is today compared to others in the region.
There's no such thing as freeloading in Singapore
very interesting!
Singapore is a country that is rich,, efficient, and clean...etc. At the same time, there is no LGBTQ rights, no freedom of speech, no freedom of assembly, no freedom of press, and one party political system. Sure, if all you care about is making money it is a great place to be!
That's unfortunately true.
Daniel Andersson Dubai has no lack of human rights it's just following their Muslim culture.
When the country's opposition is absolute bollocks, I'm not surprised people go for the party that is stable, safe, and more prepared.
Ian, I don't disagree with your comment that people will vote for the party whom they think is the most competent. However, I think it is important to know why there is no opposition party that has the clout of the incumbent party in Singapore.
Ghee Phua A sad but true reality.
I'm Italian living & working in Singapore, it's true we cant' bring money in the next world, but we certainly need it in this one, if I were a very rich tycoon I would own a luxurious spa with good looking masseur therapists to pamper me, whoever says money can't buy happiness doesn't have it or has no imagination
Wrong!
Very much.
So why did the guy have 6 kids in a place like Singapore. It clearly doesn't allow for huge families, especially if your salary is low.
Singapore was so awesome. Damn it was cool and fun. I mean if you are middle class do not go there. If you have money, its just awesome.
you need a local guide to know where to go to have fun and you need not sell your kidneys.
At the end of the day... Heart beat will stop and then you will realise,,, what the main purpose of life
Glad I found someone thinking that way, these people are just living a lie 😐😂😂 only death will wake 'em up realizing that it's too late.
Yes i agree...although i admire the driven and self made wealthy ...one day it will all be over for each one of us ...proving that life is more than what you gain
I notice that a lot of these comments are made from "people" who have never set foot in Singapore. As an expat worker from Russia, Singapore is heaven compared to it.
That's because you're an ft, PAP loves you.
You're kidding right. These expats work hard for their money too you know, they don't exactly live like kings, unless you're telling me that gh3860 is not working as hard as any other expat or Singaporean. Wtf man.
omg lol the government is slowly handing expats your home and you're too dense to see it.
But now they're taking our jobs as well, and you said it yourself, they ask for less benefits, they are better to hire for the business/company who's hiring them. Hardcore PAPpies cannot see it meh?
It is beautiful, i can't disagree however even when you are working as, an example,a general manager for a well known, good reputation company, you will still be struggling. Unfortunately, but nevertheless i still love Singapore
Interesting information with good background music.
great documentary
Too much hate in too many of these comments. All of it from classists, disgusting racists and those juvenile enough to be jealous of the rich. YOU are the REAL problem regardless of what city or country we're talking about.
mistertee Omg, finally a sensible person. Thk u.
Consumer tax will hit low income citizens the worst.
Alot of people including some Singaporeans do not like to read good things about Singapore..They are not happy with themselves I guess...
I am very proud that alot of first world countries envied Singapore for our economy,clean goverment and most importantly safety.
We are just a tiny dot in the world map but thanks to our founding father the late mentor LKY.
I am very proud to say whenever I mention Singappre almost everyone knows us.
Singapore's " poor " is considered middle class in the Philippines.
Monaco of the Southeast Asia.
Basically if u live in Singapore, u can only help urself if u wanna survive. U cant expect to wait for the fruit to fall off the tree in this country.
Very much.
agreed
And then there's the other part of singapore where we still struggle to even top-up our ez link cards. Singapore's a rich country filled with poor locals.
This is a promotional video sanitized by the Singaporean gov't.
just a place for the rich Chinese to stash their wealth. bet many of those apartments sit empty cause even subletting out is expensive to the locals.
Ski Fall
Ski Fall 99% Singaporeans are home owners, one of the highest numbers in the world.
I live in Singapore 3 year" love dis place (: 😘
If Singapore is low tax, and people go there for duty-free shopping, why do people say that it is expensive? Which one is it?
the duty-free shopping isn't really much, it's really similar to the duty free shopping that you can do at any airport, at any where globally. It's really expensive to live in singapore, because the country doesn't produce anything and have to import everything. = The cost of living is damn high
@@Jorghee316
Because Singapore is a city-state and has no arable land to work with.
I did not expect the worlds richest city is where I at...lol
Whoa! I've lived here since birth and did not even know that this place is so famous and rich
@16:00 dude that guy is so lucky
either he's trying to be modest
but he knows he has got it made, just ride the wave
Brother, you are by far the best Aljazeera personality
Almost seems as though the lower the corporate regulations and tax, the lower the standard of living for the the rest of it's populous.. Weird.
Beautiful city.
I lived in Singapore all my life, Singapore's currency in 2017 is THREE times HIGHER compared Malaysia when this Vid is posted in 2013.. OMG! Life is Singapore is Physically & Mentally Tiring...
Just live in malaysia but work in sg la..
Im happy for them. Seems like good people :)
after watching the introduction with all the glamorous rich people, the sudden cut to the poor old man on the street simply broke my heart :(
Hardly. Singapore is certainly very well off. But New York, London, Hong Kong, Shanghai, Tokyo are all mega rich cities in their own right.
Singapore was not a colonial backwater in 1959. It was the key trading hub in Asia!
It was a British colony just like Malaysia.
I am Singaporen.I am fine living in Singapore.Basic stuff that every needs is cheap,if you know how to find good and cheap stuff.
Singapore is successful. And is looking ahead. That beats looking behind, and feeling grievance - which seems to be central to policy making in less successful countries.
as kid I have been to Singapore and I liked everything I saw yet even as a kid I found something was wrong somewhere. I never pondered over it for long...
later in life spoke to my colleagues who worked in Singapore as expat gave me the real picture of what it was.
Singapore is the epitome of capitalism and everything that is wrong with it.
Shallow courtesy
Cramped Public Space
High paying jobs with huge bills to pay.
You might as well be talking about the New York, London, Tokyo or any other commercial city in the world.
sun light pardon me I am not that well traveled. you may be right I have no way of agreeing or disagreeing with it.
@@albertkhare2711 Then, why post a message?
He likes Singapore rich social life and serious hard working single paychecks
Foreign workers, foreigners, business people benefit in singapore. The ordinary locals work hard and live peacefully.
i see white peoples more than native
Majority of the country’s capital is probably in the hands of foreigners. Singapore is not rich, rich people have simply moved in, built and the crumbs are used to provide housing for Singaporeans. Pretty soon this place will become too expensive that ordinary Singaporeans will be pushed out of the country to neighboring countries. And what we have here in return is a complete hijacking of a nation.
@@SL-pg4dh A lot have moved to JB Malaysia already.
Search the top 20 richest man in Singapore and come visit Singapore yourself. You'll see most of the rich people are of Chinese descent.
There are no native people in Singhapore
@@Wazzup1991
Singapore is a Chinese-majority country. And the Chinese make up 61% of the population.
Mortgages can take decades to pay off? I never knew this. It's a brand new problem and totally unique to Singapore, it exist no where else on earth. Great reporting.
Yes even after you buy a property in Singapore, you will take a long time to pay off after that
.
I like Singapore..with lots of respect to Lee Quan Yu !!
Develop also the spiritual aspect besides material aspect.
This is the country that favours Corporates
and business over workers. This is because the government is the biggest business owner in Singapore and the directors of these businesses. Worst place in the world to be a worker. The people hardworking and responsible, but are also the least appreciated and most exploited by the government.
Well said bruhh. Coming from a s'porean myself
Which country doesn't? Look at South Korea, China, Taiwan, Malaysia?
It's hard not to suck up to corporations when they account for 80% of your country's GDP.
Staint12 e
You can add a lot of other countries to that list, I live in NZ and we now have working poor, working homeless in large numbers, purely because of successive governments kowtowing to corporations and rich individuals, stagnating wages and dropping, by a considerable margin, the standard of living.
That's like every nation.
All the comments is a good yardstick of measurements of the people's feelings and experiences. BEAUTY IS ONLY SKIN DEEP!
It's great to do business in Singapore. But it sucks to work for those businesses.
the root of the problem due to singapore lacking any natural resources. take australia for example, they have so much resources, that their people can have their workloads lightened considerably, starting work at 10 am, knocking off latest by 5pm etc. this is their geographic blessing, to have a land rich in resources.
singapore's people work hard and harder mainly as it's the main resource, and we need the influx of foreigners to remain competitive, especially, economically.
The poorest people in Singapore are the richest poor people in the world. You can see from the pictures in the video. I am well qualified to make this judgement because I live in Singapore, grew up in the UK and have travelled the world and been to over 60 countries, seeing income brackets / living standards at the high and low end of multiple societies. The lady who was meeting with the outreach programme was wearing gold bracelets and a Chinese Jade bracelet. The kids were playing in a fully functioning uber developed playground with a 5 a side football (soccer) pitch that would be the envy of any "poor community" in the world. The poor will always complain wherever they live in the world because in their own world, all they see is that they are "lower income" than the average on their doorstep. They dont have any perspective of what "poor" or "poverty" really means. One of the common threads throughout this documentary, is that the people who describe themselves as poor keep referring to the fact that it is the governments responsibility to directly provide them with income and wealth. That is opposite to the way the rich think. It is governments job to provide the infrastructure for the poor to raise themselves up. This doesn't have to be in one generation. There is new money, but there is far more old money that is second and third generation in Singapore. People are unprepared to work and wait 50 years to be rich. They want it now and they want someone else to pay for it. I urge you to watch a series from the 1980's called "Free To Choose" by Milton Friedman. You will soon realise the opportunities these people have to "climb" are unprecedented in the history of mankind. Singapore works and the evidence is staring you right in the face that it works. Just because some people are worse off than others doesn't mean it doesn't work. Any African child with a large malnourished belly will shoot these people down for passing up on the opportunity to climb and jump at the chance to be in their shoes.
InstituteofTrading May not be "politically correct" there, but I totally share your sentiments. I honestly believe that in Singapore you choose to be poor (unless you're disadvantaged through no fault of your own). I can't imagine everyone in Singapore living the high life, but a decent standard of living? Entirely possible.
InstituteofTrading youre too blinded by your very need to justify the state of singapore to realize that a lot of what you just said is.... horse shit.
thank you for branding an entire class of people as simply lazy and entitled. namely the poor.
thats some backward thinking, mate.
all it really is is exploitation. you alright with being thieved on all your life? you sound like a propaganda piece funded directly by the current dictatorship to confuse the masses of victims whom "think" they are citizens, but are really cattle.
there's no opportunities - 1 in 2 people in singapore are foreigners that price singaporeans right out of competition, and also experience, when it comes to jobs. additionally, many of these imports, as the video describes, are elites, and they raise the housing prices to such a level thats BEYOND any economic comprehension, much less a comfortably tailing salary.
and finally, youre forgetting that this is a country, their citizen's HOME. its not a fucking restaurant, but thats how its being run. you wanna exploit your workers? its LEGAL, sure. Let's fire up nothing else but coal power plants no matter how fucked the environment is already. It WORKS, sure.
but singaporeans have no bilateral relations with anyone really, so thats all the home that they have and can go to. its abhorrent and you should be ashamed for having such a shallow view.
do the world a favour and not breed until you've educated yourself with some sense of social responsibility.
FYI, 19:49, that "rich" poor citizen with a "jade" and "gold" bracelet, that video shot? That's the ENTIRE apartment that you see right there, no joke. Shared over 2 adults, and in many cases, with more children too. That's basically IT. There's no ROOMS, no DOORS inside. You have your head so far up your arse mate.
move to the Democratic Republic of Congo then. ill pay for your flight. send me your details. youre going next week! MORON!
InstituteofTrading i figured early you were a shallow dimwit incapable of simple reasoning.
InstituteofTrading - You are right. Those who work can at least reach middle class.
Smile is the most expensive things in singapore.
You bought some??? LOL
this program is targeted to the rich and not the lower income people...rich people are showing off their wealth in this program...
six children and complaining you dont have money enough when you dont have an education or a high paying job....wtf is wrong with people?
Unlike what many people who are ignorant, Singapore has hundreds of fun activities like ice skating , rock climbing, hundreds of tourist activities , fun sea sports, fencing,archery ,dance sports, rock concerts, F1 motor races ,horse riding ,canoeing,wind surfing,and so many shopping places and so many types of delicious food to try and so many many hundreds of fun stuff to do . Only boring or ignorant people will think that Singapore is boring .
All of the activities mentioned above is considered void because, it's soooooooo freaking hooooooot! Gotta just chill at home. How boring.
And who do you blame for that ? Maybe call God ?
its boring for the poor, all these activities need quite a lot of money if you do it regularly
youtube has gone crazy with the ads .
I live in singapore and i am not super rich. You are only showing the "rich people house" and the super rich people. You are not showing the not so wealthy part of singapore. I live in HDB flats. Some singaporeans are not super rich. Not all singaporeans are super rich.
The poor in Singapore is not really that poor as compare to 1st world standards, but the middle class here is struggling way more compared to other middle class in developed countries. But the trade-off here is SG is miles more convenient and safer than any other developed country.
You can tell these people are ultra rich because they're all homely looking
Horrible government! They rather give the rich more instead of helping their people and increasing their life quality to the minimum
Unfortunately this describes a lot of countries around the world including a lot of developed countries.
Omri H Yes, but this is the case of a government that gives 0 shits about its people and is naturally a survival of the "fittest" (richest) location because the resources are so scarce.
You feel us Singaporean :( only the rich benefit in Singapore.
uh all Countries are like that.
Omri H "Unfortunately this describes a lot of countries around the world including a lot of developed countries"
Totally! Lazy people just won't work, no matter where they are. Looking for excuses is always an easier thing to do.
not to mention 80% humidity average....
in Singapore, it costs more than US $150,000 to buy a Toyota Prius.
I'd prefer Switzerland.
A tax haven for foreign tyrants.
I love this country with good goverment,...If i see this country than i cry to look my country indonesia....hikzzz....:'(
Thankyou...are u so delignetly than me pig??
i am visiting singapore soon...........
Now I know why Facebook's co-founder moved to Singapore.