Many weeks ago, took a cab, the td also told me this issue.
Told me the future generation will have hard time looking for
job even parents send them to overseas to study or graduate here in
Spore. The amount of money spend on studies will be hard to earn
back (break even). That is the plight the future generation will be
facing. ........from far far away the horizon....I can see tsunami
wave building up........
If not worth it to study, than the solution is simple, don't need
to study, or study less. studying in singapore for up to secondary
level is quite cheap... right now, it is worth it to get a degree
at 30k, but if the degree is like 300k and people judge it is not
worth it, than people will stop doing it, so this one don't need to
worry too much. being international is challenging, having to
compete with the rest of the world is to. If the labour cost is too
high, than the product will be expensive, and who will want to buy
the product? But if you import too many bangalas, it will stink up
the streets, and people will feel that their jobs are taken away.
So the answer, is balanced. Shutting out the rest of the world is
stupid, Bringing in the rest of the world is not cool. So when a
certain limit is reached, cut down the import, stop renewing the
old contract of the FT, and there will be balanced.
