No way.
Singapore will never fall into a recession.
Our million dollar salaried ministers will ensure that the
economy will remain strong.
Well, we can always increase their salary to $10 million so that
they can come up with better ideas (reasons or excuses to convince
the populace) to syphon from the middle class and poor.
Increasing ERP, COEs, MRT fares, Electricity, Telecom, etc.