Tuesday, November 3, 2009

An analysis of the UBS study (Part 1): Singapore has the lowest wages and domestic purchasing power among the Asian Tigers

http://www.temasekreview.com/2009/08/25/an-analysis-of-the-ubs-study-singapore-has-the-lowest-wages-and-domestic-spending-purchasing-power-among-the-asian-tigers-part-1/

Like the paragraph which read:
"In 1991, then Prime Minister Goh Chok Tong promised Singaporeans that we will be able to achieve the “Swiss standard of living” within a decade. Ten years later, we have a living standard which is closer to Russia than Switzerland."

Okay, before I get arrested for blogging the "wrong" stuff, better stop..... :)

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