20 Nov '11, 8pm

DPM Tharman : Slowdown will test leadership....

First I would like to show this short video from 2006: Our ex-MM Lee tried to explain to MP Low why being in a "Europe situation" is highly advantageous and being surround by the type of neighbors we have our situation is a lot more difficult. Well, look at Europe now and the sa-called "European situation". I didn't dig out the video to show ex-MM's comprehension of the world but to show how uncertain the world is even for someone as wise as Lee Kuan Yew. How can ordinary Singaporeans prepare and become resilient in such an uncertain world with their limited resources? Well I guess Minister Tharman has a clearer assessment of the current situation given he is in the IMF and has access to data not available to analysts and commentators. IMF conducts audits on European countries that it bails out so they have the "real" picture. DPM Tharman tells us the situation can get qui...

Full article: http://singaporemind.blogspot.com/2011/11/dpm-tharman-slo...

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