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Old 02-04-2011, 08:50 AM   #2
AngelinaTheElf

Join Date
Oct 2005
Posts
550
Senior Member
Default
The world war on trade & currency have actually started last year.

No weapons are involved,so not many people are aware.

IMF has correctly identify the following problems:

(1)Unemployment-the so called FREE WORLD that existed before the collapse of Berlin wall involved a population of around 1 billion,the rest,USSR block,PRC,India,Africa,Latin Amercia,part of South east Asia were not players in the free world,where our MM LKY had the whole field opened to him & how he thrived.
After the collapse of Berlin wall,suddenly additional 6 billions people are playing in this field,1.3 billion hungry Chinese & 1.6 B Indians (fr India,Pakistan,Bangladesh,Sri Lanka,etc)& 1 billion African are all looking for jobs,again MM LKY holds the honour as the ONLY country & the smallest being opened to 7 billions people on this earth searching for employment.

(2)Income inequality-Again our little red dot,Singapore holds the honour as being the smallest country in the developed world with the highest Gini coefficient.PAP is trying their best to improve the situation as they know how and the ONLY thing they know is to give out an annual Ang Pow,hoping to buy some votes so that the political situation can remain stable!

The other nmajor problem is of course INFLATION which probably affect about 4 billion people on this earth,Tunisia & Egypt are leading examples of this problem,and they are sure to be followed by many countries as INFLATION & FOOD SUPPLY become more & more critical.
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