The Economy part 1

This was the old Singapore river. Dirty, polluted, overcrowded with boats and packed with houses on the shore.

This is the current Singapore river. Clear blue water with a few ferries. Industrial buildings and houses all around it.

Singapore has changed so much from 50 over years ago. Growing from a 3rd world to a 1st world country almost everything changed. Its economy too.

It was not easy for us to turn from a third world country to a first country world in a short span of 50 years. It took a lot of hard work and effort to do so.

We should not be complacent as there are many big countries like USA and China who can easily take over us. They have more land, resources and man power than us. A project that they can take merely 5 years to do, Singapore will probably take double the time. Compared to other developed countries, we are just like a small island which can be easily overtook.

If we do not have a good relationship with China, whenever we have problems like lack of resources, we will have a hard time finding another country that will be willing to help us.

Hence, we should not be complacent and our relationship with China is very important for us.