SINGAPORE was Called “The Little Red Dot” by Habibie, a past president of Indonesia. Singapore is a Small Island, one third the size of Iskandar. A drive from Tuas to Changi takes less than an hour. It has practically Zero Resources – no palm oil, tin mines, rubber, rice, sugar or iron ore. As the song goes,
“We built A Nation with Our Hands;
The toil of People in a Desert Land…
However, Singapore has Land & People. Singapore has “A Par Excellence” LOCATION that cannot be superceded or replaced. From this Vantage Point the World’s SHIPS & Air Planes MUST PASS. Bringing People & Goods To This World’s Busiest Crossroads. Among the 1st Asean Nations to open wide its Doors for Foreign Manufacturing, creating valuable jobs.
Its Position For Trade is Also unrivalled. No resources? No agricultural produce? Well, they are blessings in disguise. While the The Malaysians & Indonesians Use Physical Labour to mine or cultivate, the Singaporeans use their Brain (or rather business acument).
It may take a year to plant and harvest its fruit, but it takes only a day to sell them. The Singapore Sales Man gets rich far faster than their Malaysian Counterpart who has to take his time to harvest the fruit of his labour.
Low end jobs means low pay, and high end jobs equal high pay. When the Malaysians & Indonesians finally pick up enough courage to open its doors for Foreign Manufacturing, Singapore has already distanced itself in its climb upward to become a First World Nation.
SINGAPORE ALSO STANDS OUT IN INTEGRITY AS A NATION. THE PAP GOVERNMENT BY FAR, IS THE BEST GOVERNING BODY IN THE WORLD TODAY (Of Course PAP has its short comings & mistakes.)
When the late Mrs. Lee Kuan Yew was in Japan she hesitated when she wanted to buy a comb. She had to think twice before buying just a simple comb. For Imelda Marcos, she did not bat an eyelid when buying 3,000 pairs of shoes. Hard earned money will not be easily spent.
A Rich Nation Spends Far Below Its Means But A poor Nation like the USA is spending FAR BEYOND ITS MEANS. The US GOVT. owes US16 Trillion (See “US DEBT CLOCK”). There is NO WAY that the US can repay its debt for the next 100 years unless something drastic is done. The US GOVT. is literally A Bankrupt Govt.
That’s Why SINGAPORE WILL RISE TO BE THE WORLD’s FINAL DESTINATION FOR WEALTH PRESERVATION.
1) THE VERY RICH SEEKS CAPITAL PRESERVATION IN SINGAPORE.
To them, RETURN OF CAPITAL more Important than RETURN ON CAPITAL. The Rich Russians Who Hide their money in Greece Banks got their Money frozen. Many have lost 60% of their wealth. In 2002, Bank Accounts in Argentina were frozen, whether you have a $million or a $billion in your Savings Account you are only allowed to withdraw only a $thousand a month. The rest of the money is “borrowed” by the Govt. IOU (I Owe You) slips are handed to panic stricken depositors.
Seeing Greece, the billionaire Jim Rogers tell the people “TO RUN FOR THE HILLS”. What did he mean? To run to the Safety of GOLD? To run to the Safety of SINGAPORE BANKS, more likely. Jim Rogers is one of the smart billionaires who left the US for Singapore.
2) SINGAPORE – ONE OF WORLD’s FREEIEST NATION FOR MOVEMENT OF CAPITAL.
The Very Rich is Also Very Afraid of Capital Control. They don’t want their money to be locked in by Bankrupt Govts. Singapore Has A Huge Surplus For Many Years In Wealth Accumulation. Danger of Capital Control is almost nil here.
3) SINGAPORE – CENTER OF TWO OF WORLD’S BIGGEST GROWING ECONOMIES: CHINA & INDIA.
While US & EUROPE enter into Prolonged Recessions & Unemployments, China, India & South-east Asian Economies will continue to rise. In fact in ECONOMIC CYCLES’ term both US & EUROPE are entering their Sunset Years while Asia, especially South east Asia is on the upturn. The Center of Economic Growth is shifting here.
4) FOR THE RICH & VERY RICH; SAFETY IS PARAMOUNT.
In SINGAPORE the rich & very rich can move freely. Singapore laws are Very Strict. “Death to drug pushers”. In many public places smoking is banned. The rich are not bothered by these laws since they are Law Abiding people. In fact they welcome this because there is Law and Order. After all, laws are made for the lawless. For the families of Millionaires & Billionaires, S’PORE is an ideal place of safety.
5) OVERTAKING LONDON, NEW YORK & SWITZERLAND TO BE THE WORLD’S NUMBER ONE FINANCIAL CENTER.
London will be dragged down by the Euro Zone & NEW YORK will be hampered by Bernanke’s Money Printing. Let me give you an illustration. Imagine you are on a 1,000 feet deck of a Big Ship. The Ship is now moving towards NIAGARA FALLS. Even if you are walking on the ship deck away from the direction of the NIAGARA FALLS, you are still in great danger because the SHIP ITSELF is moving closer and closer towards Danger, Doom & Death!
MARC FABER, known as Dr. Doom, for his forecasting says, “It is safe to KEEP GOLD, but IT IS NOT SAFE TO BUY GOLD AND STORE IT IN THE USA.” Why? Because in 1933 During the Great Depression the US Govt. confiscated gold. Owing gold was an offense at that time in US History. And history repeats itself, so beware!
ROCK SOLID GOVERNANCE ATTRACTS UNIVERSAL CAPITAL According to SafeWealthGroup only 2 countries in the world qualify for being the safest countries to park money – Switzerland & Singapore. Since the Bankrupt US Govt probe the Swiss Banks to disclose their secret a/cs, money has been diverted to Dubai, Hong Kong & Singapore. During the 2008 Lehman Brothers’ debacle Dubai defaulted on its obligations. Since the ultimate power of Hong Kong’s autonomy lies in the hand of Communist China, Hong Kong is not totally free. Therefore only SINGAPORE REMAINS THE ULTIMATE PLACE OF SAFETY IN THE COMING ECONOMIC EARTHQUAKE & FINANCIAL ARMAGEDDON!
6) IMPLOSION OF CHINA’S HOUSING BUBBLE & CURRENCY DEBASING IN JAPAN.
30 years ago Communist China was in poverty. After Deng Xiopeng’s Free Enterprize move in 1980 China’s property prices have shot up sky high. In places like Beijing & Shanghai house prices have overtaken KL & even expensive Singapore. Is there a Bubble in China? Are the growth figures real? 8% – 10% Growth A Year? No one actually knows. What we do know are 2 signs.
No. 1) Like melamine in milk, rat meat sold as beef, chopped up card board in meat buns – there is a lack of Integrity. Do they cook the books and manipulate growth figures? China shares listed in M’sia & S’pore are shunned because of Accounting Dishonesty.
No.2) Falling commodity prices in Australia. Aussie exports to China dwindling, Aussie Trade Surplus Turn Negative & Aussie dollars Falling. All these point to a Slowing Chinese Growth Story. And Japan? They just joined Ben Benanke in the GREAT CURRENCY DEBASEMENT to propel exports. Clever.
Export growth at the expense of Korea, Taiwan and China, too.
The smart Japanese should have converted their yen to something safer if someone told them. For Japanese Exporting Companies it’s a god-send, a wind fall. But for the millions of struggling Japanese retirees imported inflation will be a nightmare. No safety or safety net for them poor souls.
The few wise Millionaires & Billionaires in China & Japan are also uprooting to SAFER PLACES. Places where there is CAPITAL PRESERVATION & PROTECTION. One of them is SINGAPORE, of course.
7) “THE LITTLE RED DOT” IS REALLY HOT & GETTING HOTTER ALL THE TIME.
With so much of the world in trouble – recession and depression people are seeking for SAFE HAVENS. In the COMING ECONOMIC WINTER OF THE WORLD. SINGAPORE – THE LITTLE RED DOTE – INDEED IS A WELCOME RESPITE. IT WILL KEEP MANY SAFE AND WARM & SLEEP SOUNDLY AT NIGHT.
PROPERTY BOOM HAS BEEN SO HOT IN SINGAPORE THAT THE GOVT HAS IMPLEMENTED COOLING MEASURES TO PREVENT A BUBBLE FROM FORMING. SO HOT IS THE MARKET IT SEEMS TO BE BURSTING AT ITS SEAMS AND SPILLING INTO ISKANDAR Of Johor.
PM NAJIB SAID THAT HE DOESN’T MIND IF SINGAPORE BE MANHATTAN IF ISKANDAR CAN BE NEW JERSEY.
PROSPER THY NEIGHBOUR AND THOU SHALT PROSPER THYSELF.
LATEST UPDATE: (June 15th, 2013)
The Germans Have Started A GOLD STORAGE Facility In Singapore to STORE PHYSICAL GOLD BARS OR GOLD COINS OR ANYTHING RELATED TO REAL GOLD. And MARC FABER Is Shifting His Gold Bars Away From SWITZERLAND To An Asian Nation – AND THAT ASIAN NATION MAY WELL BE SINGAPORE!!!
IN PERILOUS TIMES LIKE THESE, IT IS BETTER BE SAFE THAN SORRY. Since GREECE Freeze Bank A/Cs and Confiscate Money Up to 60% From Depositors A New Precedent Is Set For The World. If this Uncivilised Government Conspired Bank Robbery can happen in Greece, IT CAN ALSO HAPPEN TO ANY OTHER COUNTRY IN THE WORLD!!
It Will Be Foolish to Keep Your Money in The Banks Of Any Bankrupt GOVTs. MIGHT AS WELL TRUST MONKEYS TO KEEP GUARD OVER BANANAS!!