How Did Singapore Become So Rich? Singapore's Economic Secrets

[@AltSimplified]

Thanks for watching! ❤️ You can subscribe and see all our videos here 👍 kzbin.info/door/LiRGHCMGB14Pw0yEqLM2fQ

[@psn1992]

subbed already

[@cyrexfiz7221]

Hmm, i feel liek the next country being, malaysia?

[@AltSimplified]

@Uwe T. Thanks! Just a lot of research to be honest 👍📖

[@leapdrive]

@@AltSimplified if Singapore was so rich, how did it have a debt/GDP ratio of 125%? Why is it now economically stagnant? Why have some people in Singapore admitted to being unable to eat 3 time a day? Is it possible that like China, Singapore is just a showy country?

[@ljn4603]

​@@leapdrive Singapore decided to develop its debt markets to make it a better financial centre. To do that, the government started to issue bonds, though we had enough savings for our needs. That is why our bonds are always rated AAA. Don't know where you got your impression that Singapore is economically stagnant that is untrue. Like many other countries, some sectors of our economy were badly hit by COVID but we are recovering fast, much faster than most other countries. Some people in Singapore, like myself, don't eat 3 meals a day because we are trying to lose weight. I choose to eat 1 meal and drink milk instead. One of the major problems we have in Singapore is food wastage. Many tons are thrown away every day so we are thinking of ways to fix that. Anyway, I don't think Singapore is that rich. We have in the last few years attracted some millionaires/billionaires to move here. So income inequality is another problem we have.

[@Kosty19]

I'm from germany and I just recently read a book about Lee Kuan Yew and singapores history and I have my highest respect for what he and all singaporeans achieved together in the decades after independance! Its something You singaporeans can be really proud of!

[@chacmool2581]

The fact of the matter is that contemporary germans would not put up with the authoritarianism and democracy deficit of the Singaporean regime. To my mind, Germany has much more to be proud of for its an economic powerhouse AND it is a full fledged democracy. It is also a much larger country with more interests to balance.

[@ljn4603]

@@chacmool2581 "To Each His Own" or Whatever works for you is fine.

[@雪走-m7z]

The life quality of Singaporeans is Top 3 in the world for sure because of the publicly build housing. More of the people in the world spent more than half of Their income in their house.

[@雪走-m7z]

But the disadvantage in Singapore is the democracy and freedom is limited. Even worse than Hong Kong in Freedom. Coz the media Applications for licences were examined by SG government that There's just a few media against government and which just exist in social media. They need to be careful what they say or easy to be charged by SG government.

[@chacmool2581]

@@雪走-m7z funny you should say that. Many of my Singaporean colleagues in grad school at NUS complained that they lived in "shoe-boxes", referring to the cramped conditions and small size of many HDB flats.

[@kenreyes5763]

Singapore is an amazing success . I'm from a twin island state Trinidad and Tobago . A population of 1.3 million . Blessed with an abundance of natural resources , oil , natural gas , fertile land , beautiful beaches and a great ecosystem . But we are also not blessed with a great deal of highly educated corrupt politicians . Singapore maybe a one party state , but it seems to me that their politicians are simply HONEST !

[@NewmaticKe]

Its not a one party state

[@frankright4454]

@@NewmaticKe The People's Action Party has been in power since 1959. Even though it has a multiparty parliamentary system. It's effectively has been a one party state.

[@AnIsmaDJ]

Apart from the late Mr Lee Kwan Yew, the other important and brilliant greats were, the late Dr Goh Keng Swee and Richard Hu to name a few. And Singapore is lucky to have another proven and brilliant great in the same bracket/calibre, Mr Tharman Shamugaratnam.

[@mand1009]

Well said 👍

[@krish2km]

Spot on

[@str2010]

Unfortunately, their era has passed. LKY, Goh Keng Swee, Goh Chok Tong, they were all great if a little controversial. Today's PAP has left a lot to be desired

[@bell-xk5dd]

It’s spelled Lee Kuan Yew. So what were you saying about ....Tharman?

[@yiming99]

Hon Sui Sen, Lim Kim San, S Rajaratnam

[@Carmafixcars]

They became rich by not letting criminals off the hook like the rest of the developing world. A good village needs good governance.

[@Carmafixcars]

@Gee Gee Please, do enlighten me.

[@Whalllllllllllly]

@Niggrpoor any major corupt organisations? like 1mdb, goldmen sachs

[@zhangzhehanphtvwelcomeback7778]

Yes. If the goverment is smart enough and not corrupt like what happened to my country. The other party doing messed and creating war this is why country is very poor at this stage. The previews leaders for 30 years are ate all of the money of the country. Tsk.

[@MeemHaMeemDhal--khaYaRaWawNun]

Singapore ZERO village !

[@ismailaziz5508]

Hello there, I am a Malaysian Malay Muslim man age 33, from Johor Bahru, Malaysia, very good Singapore, you have done good job to developed your country, I have ever been working in Singapore, I am happy with quite good income with their payment of salary, it's more better than I work in Kuala Lumpur, Malaysia about 10 years before. Thank you and well done Singapore.

[@GeorgiaAndrea]

Good for you.

[@derickyjr5904]

And your people still talk shit about the singaporeans

[@KaeriOfficial]

@@derickyjr5904 don't generalise, not everyone talks shit and some Malaysians still work there.

[@marktan8074]

I wish you many more good years working in Spore! May you earn enough to retire early back in Johor!💐💐

[@johnlzr]

@@derickyjr5904 There will always be black sheep amongst a population and complaining voices will always be the loudest. There is no need to condemn all Malaysians just because of a few. Singapore and Malaysia have a good relationship and we are equally dependent on each other. I wish all Malaysians well.

[@Wanboy]

Man I remember the days when I was in Singapore man such great days it was. Seriously Singapore is a great and developed economy!

[@brucet1043]

My family has been in Singapore 4 times for holiday.Still want go again. We love Singapore.

[@yunfeng2205]

Yes, Singapore success is mainly due to good governance. Though COVID hit the world hard, surprisingly more companies want to come to Singapore.

[@jugemujugemugokonosurikire4735]

Its a good thing covid was handled much earlier compared to other countries

[@drewh3224]

Not only the companies, now people from other 'developed countries' are moving or eyeing Singapore. This Covid has exposed a lot of things we didn't know or told otherwise, such as crumbling third world healthcare system in the US, and its governance on pandemic and viruses. It has limits!

[@oceanganymede1152]

Singaporeans care about results, and they want an efficient government. Many people in the world only care about the process. What they want is one person, one vote. It doesn't matter how inefficient the elected government is. China and Singapore have similar successes.

[@bb89670]

I heard Singapore is not like before, not as rich.

[@megalaikannairam4050]

Quite a number are jobless,,,some liee 30-35% are dead broke...present state

[@nagabhushana1150]

Hats off to prime minister lee and to entire Singaporeans for their grand success!!!

[@deschan2246]

🤣😂🤣😂

[@blender6426]

all praise to supreme god emperor Lee

[@jameslim3850]

One of the secrets which many dunno that made Singapore rich is that because of the "divorce" with Malaysia in 1965 after gaining merger in 1963 , the young island nation was "gifted" by Malaysia a cheap water agreement from Johore (for 99 years till 2061) which is priced at just 3 sens (1 Singapore cent) per 1000 gallons for 99 years. Plus Singapore is entitled 250'000 gallons of water each day from Johor hence many times the Malaysian state faces lack of water due to the increasing population in Johor state during drought times and had to buy from Singapore at a much higher price. Mahathir as PM-4 had the chance to review the water price in 1987-88 but he chose not to do so as it does NOT benefit him or his cronies but it was a great loss to the country itself.

[@deschan2246]

@@jameslim3850 divorce is the wrong word. Singapore was kicked out !!!

[@jameslim3850]

@@deschan2246 You are really slow in finding out that the British declassified documents Albatross recently in 2017 proves that Singapore negotiated for a separation agreement with Malaysia and NOT booted out as previously believe. The Booted out propaganda is created by PAP to make the whole of Singapore against them agenda. You are so politically naive when you said this. Read this to understand. www.onlinecitizenasia.com/2015/12/22/released-document-questions-the-tearing-scene-of-founding-prime-minister/

[@perfectstudents8361]

Lee Kuan Yew is the person who made Singapore a rich and successful nation today. The British Stamford Raffles didn't do it. Lee Kuan Yew deserves to have his statues and monuments much more than Raffles.

[@deschan2246]

🤣😂🤣😂

[@rrsharizam]

British did it. It was continued by Kuan Yew. How else kuan yew learnt about meritocracy, governing etc if the British didn't teach him? Moreover, it's already rich since 1900

[@deschan2246]

@Sean Yee nope

[@deschan2246]

@Sean Yee just another joker

[@deschan2246]

@Sean Yee joker, what do u know?

[@brisbanebill]

I lived in Singapore. The unmentioned factor is that everyone works hard. They have had an unbelievable work ethic. The pioneer generation were given a good opportunity by an intelligent government, but they worked hard to improve themselves. Another unmentioned thing is the significant economic pressure on working families. They are required to look after their parents and want to educate their children. These are two very expensive things to do.

[@megalaikannairam4050]

Quite many say * work like dogs/ slave city,,,, to work and work*

[@Mememememememee]

I live in Singapore to no surprise really

[@XenonKirito]

@Spring By charging more. How? You might ask. What used to be probably below 10x cheaper decades ago is now very expensive for most citizens. 2 room HDB flats nowadays cost you around $200k to $300k depending on the location. 3/4 rooms probably around the 300k to 400k++ range. 5 rooms now cost about 500k and above range. Let's not forget that these are government housing not private ones. Wish to get a vehicle? Good luck paying 10x more compared to other countries and to top it off we have this thing called COE which is basically the rights to drive that vehicle for 10 years only. Which we have to pay every 10 years and it's getting more expensive by the year.

[@bell-xk5dd]

@@XenonKirito You’re quoting the prices of resale old flats. So clearly you are not a Singaporean. It’s been decades HDB had stopped building 2 or 3 room flats. New flats bought from HDB are relatively cheap for Singaporeans and many citizens can afford to own a home in Singapore .

[@bell-xk5dd]

@@XenonKirito Seems like you’re jealous of Singapore, commenting garbage here

[@aaron_cherysa]

Because Singapore no racist, respect from Malaysia people

[@franciswoon2130]

Everyone in singapore is expected to work according to their ability while the govt help them in managing their finances and their livelihood.

[@scooterbob4432]

It's easier to organize and control a country with very small population. There are more people in Jakarta or Bangkok or Manila than the whole country of Singapore.

[@jacksmith3324]

That's not true

[@ellamateo2232]

Hi francis

[@Whalllllllllllly]

@@scooterbob4432 stop using singapore's population as an excuse to why Singapore is so successful and don't say it is solely its strategic location too you will just sound dumb

[@MeemHaMeemDhal--khaYaRaWawNun]

work till die

[@utube658]

when one looks at world history one can see the rise and fall of a country, an empire or civilization as a result of the quality of leadership. a great nation can only be measured through its leaders. without proper leadership its direction can stray, specially with a multicultural population such as singapore. LKY provided the foundation and template and followed through this plan. the singapore we see now is a result and a testament to that vision.

[@ericshang7744]

Singapore's success is from good governance. and Singapore's success had huge impact on China's policies and governance later on.

[@abuh.dahdah]

ROFL.. even if you put god as the leader of the Philippines their people will still not follow the rules and laws by the gov't those people always complain and question evrything until they find a hole and make it a problem that's why what you have said can't be done on PH..because even if you put the best leader those people are not eager to follow and will never will, but they dream to become a 1st world country.

[@utube658]

@@abuh.dahdah thank you so much for your brilliant and candid reply. it will be a pleasure to have a chat with you someday because you bring light and inspiration to education.

[@drewh3224]

@@abuh.dahdah Philippine's social problem is an old cultural disease of the West, calls "entitlements". Take for example, there is different between entitlement culture within American black community versus the privilege culture within white American.

[@Kosty19]

In the end all singaporeans together made that work. Because without the support and following of the population the best leadership can't do anything.

[@robertosantos-vx6pn]

From what I can gather Singapore is ran like a corporation which in my eyes works. They are a miracle of efficiency.

[@ronaldhee6608]

Greetings from Singapore, and thanks for this. Checking out the rest of your videos and subscribing! Overall, a great job. Just a few minor points. LKY was truly one singular genius. He also picked a great team around him, people who don't get the credit they deserve, such as Goh Keng Swee and S Rajaratnam. In a part of the world rife with ethnic and religious tensions, the vision was to make a place where these do not exist. I, for example, live in a neighborhood where a Sikh temple, a Buddhist temple, a Catholic church and a Protestant church are all a stone's throw from each other - and no one has ever thrown stones, not least since the 1960s. The PAP can indeed take credit for any things, I would say their guiding philosophy is I don't care who has come up with a great idea or a solution, whether right or left, democratic or communist, I will study it and adapt it for our own needs. In the process, we have developed solutions that are truly our own, you mentioned housing and the CPF. Lastly, our leaders in government and in business know full well we have no resources to fall back on, no domestic market. We either succeed on the international stage, or we lose our independence. Keep up the good work and may 2021 be a great year for you!

[@AltSimplified]

@Ronald Hee thanks for your first hand insights. Always great to hear from those living in a country. No doubt Singapore will feature in future videos. Fascinating country 🇸🇬

[@nehemiahturuthi808]

How i wish to visit this beautiful place

[@khtay8731]

@@AltSimplified Could I suggest that you might want to mention Singapore's Consistent anti corruption stance since Independence. Excluding NZ, Singapore is the only Asian country ranked in the top 10 of Corruption Perception Index CPI. When there is corruption in government, none of the other Government Policies could have been fairly and effectively executed Consistently over the years, especially when some unpopular or difficult policies have a very long gestation before the benefits can be seen. Quite a number of government policies were actively and consistently Executed, notwithstanding significant criticisms from certain Western countries and the international press. I wish to congratulate your Presentation for Uniquely identifying That the Land Acquisition Act as the starting point of Singapore's Government policy effectiveness, because if the government didn't take ownership of the large squatter and agricultural land, then the benefits of any development would have been a windfall to landlords and landowners, as is the case elsewhere. Although Singapore's legal framework was still linked to Uk's Privy Council then, they passed a special amendment to alienate the shoreline, thereby enabling land reclamation to Immediately proceed after Independence in 1965 Without Compensation, by using the proceeds of Japan's World War 2 Reparations to Singapore. Otherwise, Singapore's government had no funds to do so.

[@maharlikabebz2249]

Congrats singapore!!!!

[@delisetilahun7227]

so your saying they don't have religion and ethnicity? and how come they stop being corrupted?

[@maxxbenavente]

Singapore's growth over these decades was so IMPRESSIVE! I think many countries should consider implementing its main policies.

[@JAYJAY-ch4ik]

As a singaporean, non of singapore's policies could be in place beyond our lands. it is impossible to be implemented. That requires civilians who trust the government implicitly, and also requires the civil service's absolute loyalty for the betterment of the country instead of wanting benefits for themselves fighting over power. All this requires luck honestly beyond governance. For singapore is small, rightly positioned geopolitically no other nation could replicate that. Beyond political will requires a strong military and a strong military requires funding in which singapore was blessed to have early on in the day when we inherited all the important water ways from british rule and remaining as the worlds most important sea routes under our care. Non of this could be replicated it has been tried and failed. The education level and competitiveness is yet another metric no other country could catch up not even america or china for the matter of fact and thats something interesting as a singaporean.

[@drewh3224]

@@JAYJAY-ch4ik So Singapore was a luck and miracle rather than as a result of a strong and visionary leader?

[@tm.8399]

@@drewh3224 No Singapore, like Swiss (or Malta, Monaco, Luxembourg or any of those small countries) is the result of being an offshore tax haven. Low numbers of habitants, big companies implementing some fake stuff there to avoid bix taxes. If every country does the same, then they lsot their main income, banking. They are the back hand of the financial criminals of the world.

[@janisdikis3386]

@@tm.8399 How is avoiding theft considered being a criminal?

[@pedroberdugo1393]

@@tm.8399 Economic growth is reached with savings and investings. The less the theft to the population is, the more likely is this to grow. In addition, if banking system desappeared in Switzerland and all workers were unemployed (an unfair comparison) they would still be richer than almost every country (only surpassed by Luxembourg, currently richer, Ireland, which is a tax haven for you due to the low corporate taxes, and Norway, which has such a level thanks to petrol

[@tinyRedLeaf]

A fair and even-handed analysis of Singapore's success and shortcomings. I'm especially impressed at how you've explained the root causes for Singapore's inequality, low birth rates, and our dependence on migrant labour. These critical flaws are, to a large extent, a product of our own success. And yes, on both ends, bad and good, it's got something to do with the way the country has been governed to date.

[@longiusaescius2537]

Nice pfp

[@ljn4603]

Thanks for doing this video. Found it most interesting. The people of Singapore are able to recognize caring and wonderful leaders and we voted for Forefather Lee Kuan Yew and his party again and again. This meant that the government could strategize and implement many long-term projects in education, infrastructure, economy, etc. In Singapore, we believe that if the country is blessed with a good leader, we should continue to follow him. As no leader is perfect, we do not mind small inconveniences / sacrifices. This is what makes Singapore so unique. It is what helps us to grow and prosper. We appreciate the wonderful leaders we have and are sadden when we see them age (spot white hairs / lose hair) before their time while steering Singapore ahead.

[@hermit973]

I have so much respect for your people. You all know that you also have to make your own effort and do your own part.

[@trollmcclure2659]

Unlike western countries which can only think about the next few years with the next leader undoing what his predecessor did because of ideological fight

[@englianconnietan1931]

I love Singapore

[@the_haakinton8924]

I've been binge watching you videos for an hour and just realized how small your subscribers number is. Your channel definitely deserves more.

[@drjp4212]

It's quite better than "Economics Explained", as he's clearer, more objective.

[@TeachersTVAfrica]

That's very true, people are very selfish. They only watch they don't subscribe.

[@rizguy]

I really hate that there's Malaysians and Singaporeans arguing and fighting in this comment section. And propaganda spreaders. I hope you guys would stop this as I would believe that together we are stronger.

[@catfish5057]

Yup this video should not be uploaded in the first place or rather should close the comment section if really need to upload. It only creates more hatreds to Singapore and its nations especially from its neighbours.

[@fullmetaltheorist]

I haven't seen any of them fighting

[@cynthiahsh11]

Altsimplified is a video that do their research on all countries not just Singapore it did a video on Malaysia too. And whats wrong for showing and telling the world about our success? We should be proud with a great leader and our other ministers that make impossible to br possible!

[@hanma3291]

yes together we are stronger, tell that to mr lee kwan yew

[@ditsygirl5409]

Lol we tried to come together but Malaysia kicked us out! Thanks for the advice, but we think that keeping good relationship between Singapore and Malaysia makes us stronger, we are no longer able to come together due to our big differences.

[@muhammadabdullah-qf8ro]

I am Indonesian, and we have a lot of respect to Singapore. Indonesian must learn from Singapore. In fact, Singapore is on the top of mountain and Indonesia is at the bottom of the mountain. It is easier to climb up the mountain than keeping on the top of the mountain. Singaporean must keep them self on the top of the mountain or being forced to go down form the top

[@garryslater3834]

Well. On the other hand two drastically different populations. When there is less population it is relatively easy to be rich. Indonesia should rather look to emulate countries with high population.eg- China

[@Whalllllllllllly]

@@garryslater3834 china is trying to copy Singapore lmao

[@PhiloSurfer]

@@garryslater3834 yes, and no. There are many small states that are failed states or failing states. If big size is a factor, then chopped it up into small pieces and experiment with it. Malaysia is relatively big, but Penang is small. China is huge, but the cities and provinces are manageable. In fact, that was how China embarked on its extraordinary growth. It sent tens of thousands of its mayors to Singapore to learn in the so-called mayor class in Singapore university and taught governance and polices. After Deng Xiao Ping's visit, they starting piloting in the coastal cities. In fact, Singapore's DPM Goh Keng Swee was sent there as a consultant. Once it is proven in the coastal cities, then it is applied to other cities and provinces.

[@therearenofactsonlyinterpr3780]

Pernah mencoba mengadu nasib ke Singaparna, tapi kurang sukses,, akhirnya nyobain Jepun, dan lumayan lah hasilnya... Mungkin karena Jepun lebih besar ekonominya, jadi lebih banyak opportunity,, Singaparna kecil jadi persaingan lebih keras...

[@tanjeffrey9396]

❤Meritocracy, Pragmatism and Honesty are our Singapore Simple Success Factor 🎉 Singapore had an outstanding, capable and Elite Government who is strongly supported by her people for the past six decade ❤

[@mighty_hasbullah]

This channel deserves more recognition

[@t4ac]

The success of Singapore is foremost a study of nation building. Upon being expelled from Malaysia, it does not have police and armed forces, currency, even water needs to be imported and it had millions of mouths to feed. Everything becomes a matter of survival. Lee Kwan Yew's quote - "There is no free lunch", becomes the pragmatic approach in its governance principles. Singapore knows that if it does run, it will fall back. Without endowment of rich natural resources, it cannot expect timely rescue effort from other countries. Hence, it's a relentless drive to keep ahead - to survive and if fortunate enough, to thrive. Singapore's no-nonsense, disciplined government policies are all carefully designed to ensure survival, most of all. It's just that it is so well planned and administered that it actually becomes 'successful'. Remember, there is no free lunch, nothing is guaranteed and nothing comes for free - one needs to work really hard for things one wants.

[@benjamintan6750]

Water was imported at RM0.03 per gallon from Malaysia, singapore resold recycled water at SGD 3.00 per gallon the agreement is still in effect till today, they werent expelled but they btoke off to be independant , expelled sounds so insulting.

[@gelinrefira]

@@benjamintan6750 They were expelled. That's just fact and it's not insulting considering how well they are doing.

[@benjamintan6750]

@@gelinrefira different history books tell different stories we wont know the true tale 🤣

[@gelinrefira]

@@benjamintan6750 What kind of nonsense deflection is this. Singapore was expelled. It was explicitly expelled from the Malaysian union by the parliament of Malaysia. That's just fact. Why are you arguing about a fact. If you want to argue about WHY it happened, that's a different beast. That's when you can use a platitude like different history books tell different stories.

[@benjamintan6750]

@@gelinrefira cuz you just say fact but didnt link any proof of facts 🤣 come support your facts with actual proof to support your claims. Saya pun boleh kata G L ni pembohong sebab takda bukti.

[@centrepiecefurnishing8322]

This is so informative! We are a reupholstery sofa local business at a workshop and have worked with many expats. Simply love how friendly people are in Singapore.

[@edwuave]

Fun fact ; most Malaysian Malays would regard Singapore as a stolen land (from them) by the Chinese. And would often claim Singapore as a vice city with no regard to halal or Islamic way of that they should be. Finally and ironically, as the very reason to kick out Singapore during 1965, Malaysia is still battling racial issue till this very day.

[@safuwanfauzi5014]

as Malaysian Malay(native peninsular/non javanese, non minangkabau sumatran, non sulawesi bugis/makassarese) not all malay believe singapore is stolen land, it was Tunku idea and fault who think in short term, and Lee Kuan Yew is Peranakans that why he spoke Malay just like Malay without any chinese slang. Singapore was Kick because 2 reason PAP would win all Malaysia election because charismatic of Lee Kuan Yew, his speech. 2nd Singapore will replace Kuala lumpur as Malaysian center. UMNO who want support play racial card, Malay fear losing they homeland the only Peninsular they have, other half in siam/thailand today which malay become minority in krabi, phuket today, Phuket or Tanjung Salang in Malay(Junkcelyon by European) were Mahsuri born and came, before settle in Langkawi, Malay just get independent, freedom for any invaders. from Siam(except patani, singgora(now songkhla in thai slang), santun still in Thailand and 5 province malay majority still want get out from Thailand and reunited with Peninsular or indpendent like Brunei small malay state), Portugese, Dutch(divide Johore into Johore and RIau), British and Japanese. both side Malay and Chinese at time be play fool by politicial, today we not stupid, all information in just in second.

[@rrsharizam]

Nobody in Malaysia claims Singapore as a vice city and no one mentions halal or Islamic. It only happens in your dream. Stop spreading lies and your worthless opinion

[@mofb8331]

you and you're made up fantasy...don't worry we will send more Amy cheong type of talent..for you to brag about how Malaysia lost its talented citizen to singapore..so later she can post racist rant in social media about malay void deck wedding.

[@krollpeter]

I think Malaysia is better than its reputation.

[@rrsharizam]

@@krollpeter Thank you. Those in Singapore use their influence in western media to degrade Malaysia. We Malaysian never care about what happen in their country. It's ironic they call us religious fanatics when they're the ones who are obsessed with their eternal leader Lee Kuan Yew and his hatred for Malaysia

[@nanakwabena2667]

I love everything about Singapore 🇸🇬 ,thank God they have good governance,keep up your good works ,greetings from Ghana 🇬🇭

[@sweeyong7756]

religion. lee kwan yew said do not mix relgion with politics thus creating relgious and racial harmony, tolarence, and respect.

[@deschan2246]

🤣😂🤣😂🤣 does anybody need to care what the Dead man said? Still living in the past?

[@liminal9207]

@@deschan2246 He still alive in our hearts.

[@liminal9207]

@@deschan2246 Well, We can't say dumb without U.

[@deschan2246]

@@liminal9207 freeloader?

[@liminal9207]

@@deschan2246 Yeah what ever

[@amiemohan8578]

Am I the only Malaysian watching this video??? Curious.!!!! Anyway well done Singapore!!!

[@rizguy]

Glad you are praising Singapore. Malaysia is doing pretty well too, it's just annoying that pretty much every Malaysian in this comment section is calling Singapore "crap", "lucky", "dictatorship", "communist" trying to spread BS propaganda

[@whitelion4788]

@@rizguy Agreed ! Action is louder than words , results shows that is what Singapore today .

[@amiemohan8578]

@@rizguy thanks...of course despite some internal issues Malaysians trying to do well with god's grace...not most Malaysians are not hate Singapore..trust me..Myb some inferior complexity led them to comment so....

[@fantana9481]

deep state, got no own feeling police state,dystopia

[@lollipoppeii4707]

@@rizguy I'm malaysian and malaysia is a joke. Luckily singapore left malaysia else their economy will just be as garbage as us. Try najis and jolol and pro-religion people as ur political figures, leeching jokers...

[@edwardwongks]

Singaporean here. Excellent video! You know more than most Singaporeans. Here's another nugget: you mentioned the two wealth funds (Temasek and GIC), but there is a third, which is the Monetary Authority of Singapore (MAS). The value of Temasek and MAS portfolios are public but GIS is secret, as we don't want external parties (eg. Soros) to speculate against our currency / economy and cause disruption (like the previous financial crisis).

[@oliverdahms9434]

GIS mentioning in combination with Soros...very meaningful :-)...greetings from a foreigner living in SG...

[@justcrypto618]

MAS is the central bank, not a wealth fund. MAS holds funds to manage the value of its currency, to stimulate the economy, or to prevent inflation. A sovereign wealth fund just wants to earn a high return. Every country has their own central bank, like the Federal Reserve in the USA or the People's Bank of China in China, so it's not really worth mentioning.

[@exs1803]

Excellent presentation. Spot on in its analyses and explanations on the subject matter. Clear, accurate and logical.

[@AltSimplified]

You're most welcome.

[@trebledc]

Sg became successful because of the leadership of only one party every project is getting implemented and approved very quickly and corruption can easily be tracked. It has no ruling oligarchs to interfere with the economy. It may also put into note that true born singaporean are maybe just around 2m the rest are foreign workers which builds the manpower of this country. All in all LKY and his ruling party has unbelievable good governance. Singapore for what it became is the City of the future.

[@artypyrec4186]

Could it be because it has such a small population and high income, that is why it is very efficient to manage?

[@JoshuaHoe]

@@artypyrec4186 You can have a small population and high income but as long as good governence or leadership isn't there, it's only a matter of time before the country declines.

[@ozymandias8523]

@@artypyrec4186 it had low income before, didn’t you watch the video?

[@artypyrec4186]

@@ozymandias8523 yes, that is how most countries start off with a low income. My question was it due to being easier to govern with a smaller population

[@megalaikannairam4050]

Many call it sheet governance too...so many live in tiny flats, rental flats, so.many old need to work, so many suicides, ...just a few days ago went with friend to Newton hawker Ctr,,,so many locals, begging/ ,,,trying to sell tissues for $2...govt media hides to the world....quite many are poor for long time....some call it Shitapore....becoz wealth not shared,,,,,with common people.... People work like slaves......those enjoying wealth are govt connected, businesses, elites, civil servants....rest had and continue with hard life...easily 40- 48% are unhappy natives.... hence FB has much criticizm of govtt...degrading them like shit in opposition sites....asking them for transparency and accountablity Megan Ram in FB....thats me

[@delmarhi]

I may have some disagreements on some of the things they do as far as the punishments or overreach, but I respect them for why they have accomplished. They also choose this and appear to all work together for the betterment of all. They seem to enjoy their lives and should be proud of what they have built. I am going to research more on this country. It’s good to see a country focused on improving themselves through hard work and discipline without having to plunder nations around them. Great job guys!

[@georgecooke5750]

Lived there in the early sixties just as Lee took over and it’s an amazing place, loved my time there like many others.

[@limsienteng6802]

Ppp

[@adamsgreen4220]

Great video❤️ I hope everyone gets rich

[@leahmolly9150]

@Harry Micheals Fear is a critical reason why alot of people scare away from investment

[@josephfrys6969]

Life itself is a risk likewise businesses and investments,only the weak scares away and miss lifetime opportunities

[@djeechizzy9818]

@@josephfrys6969 Since expert Sonia is on my top list regarding recommendations,it's high time I give her a try

[@annmannings1840]

@April Austin That's correct, I met her at a conference here in Singapore... she's incredibly smart.I made $3,000 in a week trading with her😃

[@1215k]

Singapore is well ahead of every country in the world. Hats off to Lee kuan yu, best country in the world .

[@TechnologyImpossible]

I love that you aren't trying to push economic agenda down peoples throats. You are much better than Economic Explain who is always pushing progressive agenda. Keep up the great work!

[@Thekidisalright]

That channel is pure garbage, they hate anything that is not western ideology or western standard of democracy and then make a video saying why the western way is better. I am not surprised they are funded by some think tank group from US or UK.

[@karthick5044]

When a leader counts his nation's interest beyond his political career, party and family, then there borns a successful nation with no one to stop... Lot to learn from Singapore and Japan.

[@SingSongTalkCock]

Japan is not a nation but semi-colonized by the U.S. since WW2. Japan does not have sovereignty & control over her destiny since her constitution was written by Americans.

[@282_daffarabbani3]

@@SingSongTalkCock at least it's better than her jeopardizing my country in WW2

[@alhassanfirrdous7292]

Citizens are greatful and patient with their leaders

[@Dtella55]

💯💯🎯

[@Dtella55]

@@alhassanfirrdous7292 Grateful...

[@hcs787]

A balanced presentation of Singapore. The Singapore scenes were great. Well done!

[@erikjohan3205]

For you to be rich, tactical steps must be taking to retaining it.

[@lilianwayne123]

I traded 0.5 btc in interval of two weeks and got 2.8, Mrs Elizabeth

[@vickalice8463]

Hello

[@johnmichael7026]

I made my first withdraw today trading with expert Mrs Elizabeth Indeed she's an expert

[@johnmichael7026]

I invested $6,000 and profit outcome of $38,000 Please try and increase your profit rate

[@selenahelen6743]

I have been seeing her name all over the adverts on KZbin comments, how can I get to her please?

[@kagelevel9670]

Well done Singapore! 👏 This is a perfect example of how an island nation can be prosperous, the carribean needs to take notes. They didn't have much resources either, but they focused on developing and exporting technology. That's the only way we can progress, we don't have a choice. Start focusing on the right industries, I'm sure we could do great things!

[@keirawilliams330]

*This video is just what I need now As motivation to invest*

[@mayacote4368]

In time like this the best thing any American can do for him or herself is to have another source of income apart from his or her salary, invest wisely people!

[@hfd25]

crazy cool Singapore🇸🇬 I'm from Indonesia🇮🇩

[@jolaurenho631]

Might I add that Singapore, like China, is one of the safest countries to live in, in the world.. very few crimes and children don’t do drugs in schools (unlike in many Western countries where this is rampant). I heard that this is one of the compelling reasons for expats with school-going children to work and live in Singapore - parents don’t have to worry that their kids will be shot at or will do drugs at schools. Of course, good governance is key - hats off to the late Mr Lee & his ministers who built Singapore as well as to the current PAP party. The way Singapore managed COVID-19 (despite the initial blunder) is a good testament to its good policies and its people - most of whom trust their leaders and government.

[@Ccb88888]

Drugs in Western countries are not rampant- what a gross over-generalisation. That’s like saying that all East Asian countries have a huge problem with child suicides- yes the problem exists- but it is not rampant. I live in Denmark. We don’t have lots of prostitutes walking the streets like in Singapore.....so is prostitution rampant in Singapore?

[@asiacuisine4869]

Singapore was safer in the past. Many incidents since opening up to foriegners. Molests, rapes, fights had increased alot.

[@Ccb88888]

@@asiacuisine4869 Singaporeans are so xenophobic nowadays. Any problem - blame the foreigners. I grew up in Singapore in the 1980s . Singaporeans weren’t xenophobic back then. What happened?

[@yc5263]

​@@Ccb88888 Asia sushi's comment was horrible 🤮 I am growing up in Singapore and i notice some Singaporeans are excessively nationalistic, all the nationalist propaganda going around in the island is a double edged sword tbh

[@scbchong6964]

@@Ccb88888 The growth, comfort and affluence has made a number of those born after 1965 arrogant, petty, quarrelsome and self-important. They play victim and blame game. And when these citizens become parents, they are bad role models to their kids ie. Millenials and Gen Z.

[@xiongsamsung]

Good research and presentation. Well done sir. One might think you’ve lived in Singapore.

[@VodChiaRealEstate]

I'm Singapore Proud🇸🇬 and my homeland with family and friends in this tiny reddot ❤️🤗. We stay strong and healthy.

[@eric.m5790]

my new favorite Economics channel, i love the content ❤️

[@gparamaeswary7276]

Yes. I was born in 1956. We did not have modern sanitation then. We lived in village called Kampongs.

[@Bireshprema]

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.

[@lolaharrison54]

You are right, to be a successful person in life require him or her of hard work and time

[@michaelcarpinelo311]

You are right. Been thinking of going into gold and cyptocurrency

[@thylda7877]

@Russell Kerrick I totally agree with you it has been an eye-opening experience for a lot of people.

[@rachelevans2311]

She have changed my life and financial status for the best. All thanks to my aunty who introduced me to her. She is obviously the best, trading with her gives me joy of earning

[@kiyotofujita2178]

My first Investment with her gave me profits of over $27K U.S dollar and she does not fail

[@jeff__w]

While this video reiterates the often-told idea that “Singapore has virtually nothing in the way of natural resources,” it could be reasonably argued that its strategic location and its natural deepwater harbor _are,_ in fact, natural resources.

[@PhiloSurfer]

How many cities, states have the same strategic location? Sri Lanka, any of the coastal cities in India, any of the coastal cities in Indonesia, Philippines, Malacca, Penang, ad nauseum

[@danielyee9159]

Because of good governance and fair to all races. Everyone or races is equal.

[@deschan2246]

🤣😂🤣😂🤣 save me yr bs

[@MrMisanthrope_]

@@deschan2246 explain?

[@deschan2246]

@@MrMisanthrope_ 🙂 y?

[@MrMisanthrope_]

@@deschan2246 I actually curious

[@deschan2246]

@@MrMisanthrope_ dont get it nvm

[@oVoxxy]

So proud of Singapore I have been several times and let me tell you learning about it from school and truly seeing it is way different like the people there are some of the hardest working yet nice people you will meet they love life and actually appreciate the things they worked for can wait to go back this summer hopefully

[@watizzit3150]

Success elements: 1. United people 2. Regardless of race, language or religion 3. Democratic society 4. Justice & equality 5. Happiness, prosperity & progress for nation

[@麻馬華公會會長MCA]

@Mighty Fruit Yet they still get treated quite fairly than how Malaysia treated Chinese and Indian

[@blessedcheflim8579]

Other very important factors Lee Kuan Yew strictly enforced is NO CORRUPTION and Good Education System with English as working Language to attract global investment to set up business here.

[@endi4654]

Are you implying the world should adopt the same national pledge? 😂

[@jacobsamuel9984]

Many fail to realize that Lee Kwan Yew and his brilliant team were richly inspired by the principles enunciated in the Holy Bible which has been the sustaining bedrock of this amazing nation.

[@bowlampar]

Singapore political leaders are making many right decisions since independence from British Empire, led to its present prosperity and wealthy status among many developing countries. 🤔

[@ashvinn15]

Efficient governance and mostly honest hardworking Singaporean’s

[@awjames1121]

Uf lee kuan yew is a businese man. He will be our world number one riches man. He is a great man. And sg is lucky to has him lead us.....we thank this great man. He is larger than life......

[@sureshmukhi2316]

The success of Singapore is its food!! Delicious food from the hawker stalls. Curry puffs, nasi goreng, martabak, yum!!

[@fundiswashabangu2387]

Love Singapore story and wish its model could be used by our country to change the lives of the south Africans. Wish to visit one day. Great story.

[@sn5301679]

Arent they already trying that with the farm fields? Attacking and murder white people farmer? Meanwhile zimbabwe try doing the opposite (after years of failure) Nationalization usually fail if perform by incompetent and corrupt government

[@darkcyborgsuperman9521]

@SN4 Singapore succeeded with nationalisation in manufacturing/service not in agriculture.

[@datolee7069]

Jackie > There's a saying, " It takes a drop to sink a Ship ". But on the contrary, it only takes a Genius like Lee Kuan Yew to turn a desert to an Oasis which is Singapore.Congratulations to Lee Kuan Yew from a former ex- patrait.

[@hadiwa1]

What is not mentioned in the video is how the level of corruption in Singapore is very low, especially compared to its neighbouring countries. That has helped to boost confidence, especially in FDI. (IMO)

[@maharlikabebz2249]

Great Job Singapore!! 👍 respect from the Philippines 🇵🇭

[@User00571]

They make it organized, safe for business, advanced in Education, wellcome other people.

[@zinedinezethro9157]

You are criminally underrated my guy. Love your vids! Much love from Indonesia!

[@AltSimplified]

@Zinedine Zethro thanks for the comment. Let's hope the Channel grows! 👍

[@rraineallen721]

I love these videos so much! I’m inspired to do some vids like this. What type of editing do you use?

[@anyanyanyanyanyany3551]

Singapore is what you'd call a benevolent dictatorship. Whether it's a good thing or not is up to everyone's opinion, but the stability that arose from such conditions makes Singapore an ideal place for businesses and multinational corporations. It's kind of a PRC-USA fusion in which you try to take the best of both worlds and merge them into one. You have some basic freedoms but sacrifice others at the expense of stability and safety.

[@zacharymogel9500]

Honestly I’d prefer a benevolent dictatorship over a malevolent democracy *looks at India*

[@marcelinopanvinosauni7698]

I'm impressed with Singapore's history and how they became so rich after gaining independence.

[@dehdeh3888]

This is why we need new young visionary leaders in Africa. Hats off to the people of Singapore.

[@weshz2429]

新加坡有明智的领袖，实用主义和高效率

[@sekousstyle2694]

WOW, this is wonderful. Good governance is everything.

[@prashanthanrpr]

The world's perfect economy.

[@wingaard]

No, it is nt. Have you seen your national debt?

[@jessieang5604]

What about Singapore's national debt? I only know Singapore has 0 net debt, and that's why she consistently gets AAA credit ratings from the likes of Moody's, Standard and Poor's and Fitch.😂

[@timothyruff1561]

Surprising how much credit is given to the gov’t for Singapore’s success, without much mention of the real reason: relatively free markets with low or modest regulation.

[@hydrocn]

Wouldn't that fall under governance...

[@lyssamalloy5162]

I Miss you so much Singapore i want to travel there again once more .. from the 🇵🇭 w/💖😊

[@austinluis9446]

Where are you from

[@clarciel]

those beautiful panoramic shots tho.

[@ehiighile6857]

Wonderful! How i wish my country, Nigeria could learn from the great Singapore's experience. I adore late sage Lee Kuan Hew. Thanks for this production. Ehi Ighile.

[@sng1867]

Honestly, it’s mainly due to competent politicians who work within reality. A lot of their policies are nothing less than authoritarian, but it ultimately works.

[@jerusalemsousa4263]

Great analysis. Hope my native country Ethiopia will reach to these kind of success one day despite the current situation she’s in

[@Chukwudi_favour]

What's wrong with Ethiopia dear?

[@Wongwanchungwongjumbo]

Yes also the Both Changi International Airport and Port of Singapore also Contributed to the Success of Singapore 🇸🇬.

[@RandyMCPEmaster]

Your videos are underrated, your channel should deserve more than this

[@AltSimplified]

Thanks Alief! Hope you enjoyed the video 👍

[@tkyap2524]

Singapore should salute you for your video. Impartial. Factual. Telling on its shortcomings.

[@l34l]

Absolutely impressive presentation. Great work.

[@AltSimplified]

Thanks! Glad you liked it 👍

[@sobaentertainment6580]

Lee Kuan Yew was a genius..I have been to Singapore as a tourist all I can say is oh wow! Amazing truly amazing..I admire how Lee Kuan Yew had balls to put Strict no nonsense laws. He was big man who made a great decision and he was sound..we need such leaders in Africa too..I admire that country

[@Maika1383]

Singapore achieved this status coz of its people. Citizens are discipline enough & willing to work with the gov’t. Like give & take relationship.

[@志豪-s6o]

Love your videos mate❤️

[@AltSimplified]

Cheers mate 👍

[@Shirley-qn3un]

Investing with expert Albert Renshu has been the best steep I have ever took in my life, may God bless that day I meet him

[@sandradonna8004]

Yes I'm also a living testimony of expert Albert

[@catalinagunter8779]

Your profit with Mr Albert if you invest with $2000 your profit is $20000

[@caromarci7787]

Expert Albert has really made name for him self

[@Mathias-kk5bs]

I think l'm interested how can I get in touch with Mr Albert

[@kristengunter6740]

Most people remain poor only because friends and relatives discourage and advise them against investing and trading forex while the Wise keep investing and growing higher financially

[@kltamilgamer1367]

Do next for Malaysia and Kazakhstan ✌️✌️

[@AltSimplified]

Thanks for the comment. 2021 video planning is underway 👍

[@anthonymangal8610]

My respect goes out to the hardworking and disciplined people of Singapore together with their leader was able to achieve great success as a country. The whole world I am sure can learn a lot from your progress and can use some of your strategies and methods to move their country forward.

[@alexcheng3575]

No "HOW" No "WHY" Not "TALK" become so rich the most important the leader lead the country growing each year with better life for all public.

[@henryparkwell1487]

I will forever be indebted to you Mrs Paris and this channel you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Maura Susan

[@kasyjeff6654]

WOW….amazing to see o there who traded with Mrs Susan I am currently on my 7th trade with her and my portfolio has grown tremendously-

[@melkajerry1248]

This is not the first time I am hearing of Mrs Susan and her amazing trading skills but I have no idea how to get to her

[@jennifaprice7562]

I invest with Miss Susan too, she charge a 15%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit…

[@mauravicky9693]

Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope she can help me get back what I lost. Can I have an easy access to reach out?

[@cedricmedina6333]

@inveswithsusan1

[@uddinjashim1378]

Strong leadership can make this kind of work . Love from greece

[@jaymeenthakkar5752]

Singapore is love

[@competitioncut]

Nice post, keep posting

[@JahangirAlam-xz4zd]

Singapore makes full utilization of its strategic position

[@ayakozaysun7616]

Extremely Nice video and beautiful cities,vacations and going on tours seems to be a kind of relaxation to me,I find meeting new people from different race as fun and educating,each year I find out time to travel to at least 3 countries I have never been to,nevertheless comfort or would I say living the way I do is too expensive,as long as you can afford it,it’s fun

[@galipomer3362]

In my own humble opinion I think you stated fact here and I love the last sentence you made,traveling anytime you like is expensive to me,you must have a good paying job if not how you meet up to these expenses

[@yvvonelee5026]

@@galipomer3362 Of course, not now. You should wait a little more when the world gets it feet back on the ground. What I mean, until the Airports sort out it manpower and budget airlines could fly the sky again. With proper planning, you can travel on a string

[@MrLeedebt]

Interestingly, I was talking to an Australian female who lived in Singapore. She was more than willing to forgo political freedom and have a safe environment as a female, compared to Australia.

[@leiongleang4027]

I miss singapore and merlion

[@stonkytong]

LKY was probably the smartest human ever. His foresight enabled GIC and Temasek to have a net worth of close to 1T now.

[@Redmi-c4v4n]

I am Singaporean 92 year old We work very hard What we are today