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Minimum Wage vs U.B.I.
By Eight percent per annum  •  November 26, 2018
This was a planned post for the last General Election in Singapore where some debate surrounding minimum wages sparked my interest. It was stated that 90% of all countries have minimum wages and why is Singapore not in that group. Five years on, the world has progressed and today we are talking about U.B.I. or universal basic income and not minimum wages. So like our beloved SAF still conducting training based on WWII tactics, our economic argument on minimum wages had fallen way behind.

We were very fortunate to have survived as a nation state. Looking back, this was only possible at that exact point of human economic development. If Singapore was founded in any other century other than 19th century, we would simply be absorbed by our neighbours. Further if we somehow gained independence in 1915 rather than 1965, we would had perished. We would just become collateral damage

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By Eight percent per annum
8% Value Investhink is a value investing / critical thinking knowledge platform with the goal to share knowledge, help understand investing and finance, and help develop critical thinking skills. One important objective would be to help others understand the concept of value and avoid overpaying, especially for property.
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