Singapore: The Hottest (Little) Economy in the World

[kelvin070]

You guys know nuts abt Singapore really. I know a thousand times more abt US than what you guys know abt Singapore. This article from TIME dated 31st July 2010 will give your guys a jumpstart knowledge abt Singapore.

At 267 square miles (New York City is 301 square miles), Singapore is not on most people's minds. But this Asian city-state grew at 18.1% in the first half of 2010, outperforming China, India and Brazil, according to their government statistics. True, those are much bigger economies. But Singapore's performance is impressive nonetheless, both for it's contra-recession gusto and the fact that it's likely to sustain something close to that heady rate in the second half of the year as well. While the Western world feels the aftershocks of the economic crisis, Goldman Sachs estimates Singapore's 2010 GDP will be 16.5%, a substantial upgrade from their previous forecast of 12%.


Read more: http://www.time.com/time/business/article/0,8599,2007470,00.html#ixzz0vPBEPU8V

 

[Minor Axis]

That's because the U.S. is relatively open. We are allowed to talk about the U.S. pro and con without threat of imprisonment while your government is closed and tries hard to stay in the shadows.

 

[retro]

You guys know nuts abt Singapore really. I know a thousand times more abt US than what you guys know abt Singapore. This article from TIME dated 31st July 2010 will give your guys a jumpstart knowledge abt Singapore.

We don't know much about Singapore other than what we happen to read on places like Wikipedia. You know why that is? Because your government is oppressive and doesn't let anything negative about it get out into the public realm. But even if it does, nobody in the world really cares, because quite frankly in the grand scheme of things, your country ranks down towards the bottom of places people actually give a shit about.

 

[Francis]

Let me put it this way..

When you can account for the numbers we will believe you.. I know you won't reply but think about it this way..

If you fill your cup 100% full how much more call you fill it ? Unlike things that say you can go 110% you cannot fill a cup ( irrelevant of size ) past 100%.. If you understand that analogy, you got past level 1..

If the world is recording lower sales and lower consumer confidence with many of it's people unemployed and not buying how can one economy grow so fast ( or fater then any other ) unless it's all internal or fictional ?

Without substantiated links by the IMF or such reputable source, what good is this article that claims and states which I have bolded..

At 267 sq. mi. (New York City is 301 sq. mi.), Singapore is not on most people's minds. But this Asian city-state grew at 18.1% in the first half of 2010, outperforming China, India and Brazil, according to the Singapore government.

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