Minister Mentor Lee Kuan Yew
says he believes that the U-S can be a benign stabiliser of the
world.
He said this in an interview with
Charlie Rose, which was aired on Bloomberg TV.
Still, the looming deficit in the
U-S is what worries Mr Lee, as that strikes at the heart of U-S
global leadership.
His concern is that if the US
dollar comes to grief in the short term and there's a run on it and
the financial community begins to move its assets out, that's when
trouble begins.
Turning to China, Mr Lee said the
country may be proud of its 5,000 years of
civilisation.
But it's got to understand that
membership in the world order also comes obligations and
responsibility.
And China has to give something
back to the people of the world.
On Singapore, he said it has
maintained its position by riding the shifts of the
world.
And the country won't take sides,
not between America and China, or between China and India, as it
looks at what's developing in a multi-polar world.
--938Live