yup, they will not spend all their money. they will however
still need to spend some. and we convert the cheap labour they
provide and produce expensive products and services, which we can
export to make more money....
they knew what to buy here and what not to buy, electronics goods
are cheap in Sg, so they bought Digital cameras, handphones,
laptops, etc etc, for others like foods, fashion, movies, etc etc
they will rather not spend here.
With foreigner services and products, i hv no doubt feel the
qualites hv dropped. Things dun last nor taste good than last
time. Sooner or later, Companies will still move out as
Running a company will not base entirely on labour cost, the cost
of operating in term of utilities and taxes will burden the
companies, and in their calculation, it is still worthwhile to
shift to a third world countries. Then as a dependent of Foreign
investment, without natural resources, we got nothing left except
maybe open up the red light districts with array of international
gals and gays. Then maybe I will be richer.
