The way I see it, it boils down to younger gen realising cost of living way outpaced income
think everyone can tang ping all the way eat scraps
one gen worse than the next....... our gen is barely make it, really fucking barely compared to my cousins (bsg age) and earlier
now is literally 0 chance to get rich through hard work and opportunities. ok la so called invest or what but u must have capital
our time is crazy as hell must learn what data shit, some AI shit, automation
nxt gen no need learn liao....... AI do everything
Think whole world only India most hardworking
Quote from: No guessing game on Feb 08, 2025, 08:24 AMThink whole world only India most hardworking
Yup. Other than hk, Japan, Taiwan, Korea and sg also same. Col outpace income
MIW still like to smoke sinkies. The other day still say degree holders earning median salary of $8k. By that they are saying hdb is affordable cos they assume everyone is degree holder and everyone is earning $8K
Yet at the same time, poly grads can't find job but they will downplay the situation by saying not across the board, it's a unique case etc bs
Also, ownself report job mkt not gd in 2025 but I received this in my email. Miw really powerful at smoking
(https://i.postimg.cc/05ZQtfQT/0822.jpg) (https://postimg.cc/xqJn8LL5)
Don't say HK, SG is also headed the same way. When the govt only panders to the dinosaur generation at the expense of the working and younger generations, you know the country is over its prime.
At least US president Trump is doing something right to cut down on govt spending to manage COL. SG CS is really too bloated with many jlb positions.
Younger generation is in a way "forced" to invest in stocks/crypto or have their savings eroded by COL. hence more of them finding other ways to earn their keep. Ex.content creator/Onlyfans
Quote from: Banned User on Feb 08, 2025, 10:47 AMDon't say HK, SG is also headed the same way. When the govt only panders to the dinosaur generation at the expense of the working and younger generations, you know the country is over its prime.
At least US president Trump is doing something right to cut down on govt spending to manage COL. SG CS is really too bloated with many jlb positions.
Younger generation is in a way "forced" to invest in stocks/crypto or have their savings eroded by COL. hence more of them finding other ways to earn their keep. Ex.content creator/Onlyfans
Last time gov say cpf is for retiremnt but now say dun depend on cpf for retirement, it's only a supplement lol
Last time cpf interest rate much higher too 6% Iirc? That's why many boomers switched over from pension scheme but interest rate keep dropping after that. Kena conned
Quote from: Arctic on Feb 08, 2025, 10:59 AMLast time gov say cpf is for retiremnt but now say dun depend on cpf for retirement, it's only a supplement lol
Last time cpf interest rate much higher too 6% Iirc? That's why many boomers switched over from pension scheme but interest rate keep dropping after that. Kena conned
Now LW want to test balloons on sgreans to use their cpf retirement account for "investments" to get higher returns.
Quote from: Banned User on Feb 08, 2025, 10:47 AMDon't say HK, SG is also headed the same way. When the govt only panders to the dinosaur generation at the expense of the working and younger generations, you know the country is over its prime.
At least US president Trump is doing something right to cut down on govt spending to manage COL. SG CS is really too bloated with many jlb positions.
Younger generation is in a way "forced" to invest in stocks/crypto or have their savings eroded by COL. hence more of them finding other ways to earn their keep. Ex.content creator/Onlyfans
Singapore depended on mass import - the greatest mistake. Next is give up manufacturing hub and make education hub.
Quote from: Banned User on Feb 08, 2025, 01:15 PMNow LW want to test balloons on sgreans to use their cpf retirement account for "investments" to get higher returns.
There are reports around that said most people who uses CPF for investment actually lost their money. Idk why is he doing that? If he had the statistics and he's still encouraging, it shows him to be an evil man.
Quote from: stillgottheblues on Feb 08, 2025, 03:24 PMSingapore depended on mass import - the greatest mistake. Next is give up manufacturing hub and make education hub.
Talking about education, ownself make education until so stressful still want to curb tuition, say tuition ctr play on parents' fears
Ownself create problem and blame on everybody else except themself. On one hand say should look beyond education and salary etc but civil svc still so rigid on their hiring , still insist on hiring elites
Quote from: Arctic on Feb 08, 2025, 03:44 PMTalking about education, ownself make education until so stressful still want to curb tuition, say tuition ctr play on parents' fears
Ownself create problem and blame on everybody else except themself. On one hand say should look beyond education and salary etc but civil svc still so rigid on their hiring , still insist on hiring elites
Thing is mass import from 3rd world taking over after our youths have studied and worked so hard.