This post (Part 2) continues from the previous post. Is Singapore Economy In Danger for Long Term Decline (Part 1)? - The Flaws of "Seduction Model"
In the Financial blogosphere space, many aspire to achieve Financial Independence Retire Early (FIRE). We do not want to depend on our day job indefinitely, running an endless rat race. In a way, we want to have control over our own life, and do not want to depend solely on our salary for survival. Hence, the strive for FIRE, regardless of where or how they started.
FOR OURSELVES, WE WANT “FIRE”, FOR SINGAPORE WE SAID WE HAVE NO CHOICE
In spite of all attempts to be independent for ourselves, I realise a contradictory phenomenon when we are discussing similar issue for our country.
“We disbelieve that Singapore can create a “world beating MNC”, because we are not in a favourable position. We think that the odds of happening are very low.”...