Just to point out :
1. Out of 10 000 persons whose personal pockets were hurt in
this fiasco,
a mere 10% out of all these signed up the petition, despite
about 1 month long of meetings at HLPark.
What does this mean? what does this say?
Even when own personal retirement or coffin money at
stake...
2. I personally interviewed many at HLP over the last few
Saturdays and found that a significant portion of these investors
were IT ILLITERATE and not IT Savvy (never seen an
internet browser nor touched a mouse) AND some English
ILLITERATE in 1st world singapore. Believe it or
not. And yes, they have quite a chunk of their life
long savings sunk in. How net savvy are singaporeans ?
this fiasco gives some indication.
3. These investors TRUSTED too easily. Why ? Cultural /
Environmental reasons? Nurtured to be naive (by their parents)?
4. A Strong sense of real fear exist in the people who appeared
at HLP. Its intense and overpowering. Fear not just of loosing
their money if you know what i mean.
Also, have given up totally on LTK and Sylvia and SKH and
Chiam.
I do not foresee any significant change for 50 more years.
Have applied for skilled migration which may take 6 months to 2
years to process. Just nice. Backup plan. But then, this is just
me. You continue to enjoy more good decades. and ignore the bad
news but keep repeating the good news to yourselves. Its good for
mental.
Jingo bells Jingo All the way!