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Singapore, For Those Who Aren’T Crazy Rich

My own feeling is that “Crazy Rich Asians” is a box-office phenomenon primarily because it’s a story about pretty people, rich people, a love story, a fantasy about finding true love by beating your future mother-in-law at a game of mah-jong. There are designer clothes, product placements, muscular bodies, and ogling of expensive parties, mansions and exotic island destinations.

If this is a totally “bogus” assessment of Singapore’s core values, it would be appreciated if you could articulate one of two things: either your description of what those values are in fact or your perception of “the clowns at the other end of the spectrum” and their values. The problem is that it is hard to speak of values and righteous causes when you are morally bankrupt and value nothing but the almighty dollar.

Why does a “Singapore Core” seem like a solution in search of a problem? It’s time to rid ourselves of that bogus term. It reminds me of the economic argument that a country’s wealth is like a pie, with only so many slices and the only way to grow rich is to deprive someone else of their share. But, I have always understood that to have a truly good life, I have to live in a world with other people who are also having truly good lives.

Fortunately (or so I hope) I do not believe any one person can destroy the values overnight–it will take more than one man to bring us down. It is how we put them up, then take them down from whatever measure of pedestal we put them on, whether history of the nation or its’ culture. This historical reanalysis is the measure of who we’d like them to be, and who they really are (or were).

Maybe we should stop thinking of our country as it “ought” to be. Those days are done. We should take a hard look at what we really are, and the only way to get out of this mess (and we should thank the stars that we have a way!) is to look in the mirror and confront our own worst enemy. We too, have our now more mythological than deified “crazy rich gods” of our own. And who are our gods, pray tell?

Money, greed, avarice, hypocrisy. Our gods, with their visible clay feet, can only betray us finally as they use our worship and emulation to dupe us ever more.

 

SojoüRner

 

 

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17 Responses to “Singapore, For Those Who Aren’T Crazy Rich”

  • oxygen:

    BLESSED ARE THOSE SOULS who died (peacefully) on the SAME bed they usually sleep on – definitely not those who died anonymously (suicide), in hospital, hotel, plane crash/travel accident mishap, robbery or murdered on the street or public places.

    Therefore, I DON’T COMPREHEND why Sinkies are mad of buying properties or worst still, properties after properties when they can’t stay in two places at the same time or die on DIFFERENT BEDS at the same time.

    In LEE-jiapore, unless you owns a freehold property, you are merely “squatting” on land (which is a permanent feature unless the earth shattered up or Sichuan size earthquake buried you) belonging to someone, if your so-called property is a “leasehold”.

    In leasehold, you own a temporary lease (rent obligation in effect) until the financial obligation therein is fully satisfied. It is liability.

    HOW DOES ONE CREATES WEALTH BY ADDING TO HIS/HER LIABILITIES (of one property after another) in his/her short life span (compared to permanency of land owning)??

    IT IS MIND-FARKING INSANITY of Sinkies – incomprehensible.

    Covid 19 might wipe out the entire family.

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  • John Richards:

    You missed out a couple of other gods – deceit, racism, nepotism, power and entitlement.

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  • oxygen:

    CRAZY RICH ASIANS is the portrayal of extreme decadence of societal values. It happens everywhere. Roamed for years in Ah Tiong Land and saw how the lowest end of peasants class exploitatively treated like slave’s exclusive right/preserve to silent indignity and the rich powerfully powerfully enslaving with contempt for the weakest vulnerability.

    Ends justify all means. Even Mao is contemptuous of peasants’ class – such hypocrisies.

    It happens because of three reasons
    - overpopulation create relative shortage and imbalance of consumption relative to resources
    - the imbalance of power and income inequality divide, the former exacerbating the consequences of the latter
    - education is INDOCTRINATION, the peasants must not learn the skills of skepticism and verification (otherwise it is very dangerous to the unnatural aristocrats.

    @ Sojourner, your writing in this article reminds me of the global village conceptualisation of the late Marshall McLuhan and Paul Ehrlich’s Population bomb”.

    You see the ills of these defects in over-populated Chinese and Indian societies and now permeating in north America & Europe. We will see more “Arab springs” around the world. The internet technology aggravates and exacerbates that further of the wealth divide – not something it is unique to Asia.

    What McLuhan got right (and wrong) about the “global village”

    https://mcluhangalaxy.wordpress.com/2016/08/27/what-mcluhan-got-right-and-wrong-about-the-global-village/

    Have a good read.

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  • Soccerbetting2:

    Reported on ST :Quote -”Dysons sell 3-storey S’pore penthouse at Wallich Residence at a loss for $62m: Report
    1 of 5

    GuocoLand’s Wallich Residence has panoramic views of the CBD, Marina Bay and Sentosa.
    GuocoLand’s Wallich Residence has panoramic views of the CBD, Marina Bay and Sentosa.PHOTO: GUOCOLAND SINGAPORE
    UPDATED8 SEC AGO
    FACEBOOKWHATSAPP
    SINGAPORE (BLOOMBERG) – The Dysons behind the self-named British consumer electronics company are selling their triplex penthouse at Wallich Residence for $62 million – less than the record purchase price of $73.8 million paid last year – The Business Times reported on Monday (Oct 19).

    Singapore’s tallest penthouse, on the top three levels of the 64-storey Guoco Tower in Tanjong Pagar, is nearly $3,000 per square foot on the strata area of 21,108 sq ft; it comes with its own pool and private lift lobby from the basement carpark.

    The Dysons’ purchase of the Wallich Residence unit in June last year set a record for Singapore penthouses.

    The buyer is an Indonesia-born tycoon Leo Koguan who is a US citizen and Texas resident and co-founder and chairman of IT provider SHI International, BT reported, without citing sources.

    The 99-year leasehold property has been held under Dyson founder James Dyson’s wife, Deirdre.

    The British billionaire inventor moved his headquarters from Britain to Singapore last year, with a revamped St James Power Station to be its new global HQ…..”Unquote .

    Response : The crazy rich bought a 99 year penthouse for $73,800,000.So one year value =$73,800,000/99 =$745,454.54.Just one year value, can buy a five room HDB flat at good location for 99 years .

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  • xoxo:

    Lets just say Sg is now $INkie$ Land where the gahmen make policie$ favouring the Rich And Powerfool$.

    If you are poor n ordinary, you are left to perish by the wayside.
    Can incoming PEE-M say not?
    Look, older n jobless CITIZENS get only a peanut grant of $600 while the RICH ONES including non-sg-PMEs who robbed our decent jobs get much more?
    How come cannot just give them $1K as that is the AMOUNT OUR PAP GAHMEN SAID IS ENOUGH FOR LIVING IN SG?

    RICH ASSES ARE GENERALLY SELFISH, SELF-CENTRED AND STINGY!
    IN $IN CITY, ITS THE POOR HELPING THE POOR BASICALLY.

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  • oxygen:

    @ Soccerbetting2

    WOW, THAT IS A LOSS of more than 15% in property investment in one year – by my quick look at the numbers – even though it is pocket change for the Dysons.

    : The Dysons behind the self-named British consumer electronics company are selling their triplex penthouse at Wallich Residence for $62 million – less than the record purchase price of $73.8 million paid last year

    But Dysons are not the only fools. Kong-Hee-Fatt-Choy did the same for his luxurious landed property in Sentosa Cove.

    I am sure @ Oxy misses won’t be coming around attacking me of spreading “schadenfreude” on someone’s misfortune on this occasion.

    The truth is that a lot of smart money (makers) earned their money elsewhere and lose it in property gaming.

    The crazy rich Asians and their “aspiring clones” are doing the same expecting a different result WHEN THEY ARE A LITTLE “LESS ABLE OF WEALTH CREATION AND INVESTING”.

    Me thinks that one has to make money elsewhere to better risks (taking losses) in property bet than making money out gambling on property bet out of employment hard-earned savings.

    These fools are chasing a bigger and bigger circle of bubbles WHICH MUST IMPLODE ONE DAY ON THE FACE in bitter defeat ( which Dysons and Kong-Hee-Fatt-Choy can simply laugh off their little mischief having backfired).

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  • Crazy rich asians poor sheeple:

    Those who are wise won’t be busy coveting gold, as those who are too busy chasing positions can’t be wise. But then those wise guys scheme to keep us busy overtime to fund that little roof over our heads, and paying sickly sums for medicine we can’t access or don’t yet need. When Small men begin to cast big shadows, it means that the sun is about to set on the Corporation.

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  • SojoüRner:

    John Richards:
    You missed out a couple of other gods – deceit, racism, nepotism, power and entitlement.

    PS: I loved watching Crazy Rich Asians just because I can identify with the two main characters: Nicholas (Nick) Young and Rachel Chu.

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  • Bad Boy:

    最高0.3元用1次!昆明一老小区装共享电梯,房价每平米涨2千

    http://www.huogua.net/wap/a/37627

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  • TumasikPatriot:

    Crazy Rich “Singaporeans ” is just that a Movie a Fantasy…love especially by the Peranakans as it showcases their “Core” values…How many remember the HUGE Posters running along Orchard (fruits) Road right to Bras Basah (wet rice) Road Proclaiming “Great Peranakans” pictures of Lky & FamILEE and of core the TRUE GREAT Dr.Goh the silent Achiever…it was eventually removed when I suppose many showed Disdain that includes me…Shifted eventually to Arminian Street @ Peranakan Heritage…I am a Peranakan and a PATRIOT 1st and foremost…

    “Core” as I have said in an earlier post is all about Dissecting an Apple and finding the seeds…the color of the apple may be Red, Green, Yellow or Multi streak of colors a Hybrid so to speak…

    These apple seeds are the seed of a Nation from the core of the apple…

    NOT a seedless Apple, Polished and waxed to perfection…AI and Digital Innovated from the Original Apple with Seeds…

    Nice to Look at and Presented BUT rots to the core with No seed to Continue a Nation but a CONvincing Apple to CONtrol and CONvict a Nation of Apple with seeds in their CORE…>>>CONfusing ??? NO lah!!! just convincing that the Core with Seeds is definitely better than Coreless seedless SHIT!!!

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  • DurtySpie:

    Policies, even your reserves, are geared towards the employers interests/protection or the rich first. Then you, the working underclass who serve the rich, will be paid accordingly to keep corporate elites on top, and you, the worker, forever below.

    Billions have been disbursed to keep industries and workers alive..for a few months only.

    Moral of the story?

    Mat 6:19 ISV “Stop storing up treasures for yourselves on earth, where moths and rust destroy and where thieves break in and steal.

    1Th 5:2-3 ISV 2 for you yourselves know very well that the Day of the Lord will come like a THIEF in the night. 3 When people say, “There is peace and security,” destruction will strike them as suddenly as LABOUR pains come to a pregnant woman, and they will not be able to escape.

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  • Jman:

    Pretty people, rich people, a love story, a fantasy…

    That’s entertainment, right? That’s what people pay money for…

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  • Harder Truths:

    Crazy Rich Asians is a Parody – nothing more. The underlying message is how people of different races end up doing the same thing if given the same opportunities.

    Let us be realistic. CRA is about a small number of people who may or may not exist. They do not live, work and die in the real world of Sinkapore. They are immune from depressions and job loss. They are made up of inter-generational families that get stupider by reproducing TKL type characters.

    The film has nothing to do with reality or with our life in $G. We watch it for fun and laugh about the excesses. No one in their right minds would believe this film means something. I think 39% know the difference.

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  • Pap using foreigners as MOUTHP:

    It’s a story of our MILLION $$$ MINISTERS !!!

    ROTTEN WOOD CAN CLAIM ITS SWISS STANDARD, HIS ,
    ONLY. .

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  • Soccerbetting2:

    HDB BTO starting prices of sales launch August 2020 prices :-

    4 room flat -
    Ang Mo Kio -$423,000
    Pasir Ris -$374,000
    Tampines -$311,000
    Tengah -$303,000
    Woodland -$276,000
    Geylang -$523,000
    Choa chu Kang -$253,000

    5 rooom -
    Ang Mo Kio -$571,000
    Pasir Ris -$493,000
    Tampines -$423,000
    Tengah -$418,000
    Woodland -$405,000

    Crazy rich Asians can buy Geylang 5 room at starting BTO prices of $523,000 half a million dollars.Singapore,for those who aren’t crazy rich can buy woodland 4 room bto at $276,000 .

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  • oxygen:

    @ Soccerbetting2.

    THANKS FOR SHARING THE INFORMATION below but wondering at the back of my mind if the buyers of the recent HDB BTO August 2020 prices are still hallucinating what future resale “profit potential” haunting their mind.

    Soccerbetting2: HDB BTO starting prices of sales launch August 2020 prices :-

    4 room flat -
    Ang Mo Kio -$423,000
    Pasir Ris -$374,000
    Tampines -$311,000
    Tengah -$303,000
    Woodland -$276,000
    Geylang -$523,000
    Choa chu Kang -$253,000

    5 rooom -
    Ang Mo Kio -$571,000
    Pasir Ris -$493,000
    Tampines -$423,000
    Tengah -$418,000
    Woodland -$405,000

    Crazy rich Asians can buy Geylang 5 room at starting BTO prices of $523,000 half a million dollars.Singapore,for those who aren’t crazy rich can buy woodland 4 room bto at $276,000

    These prices are close or not dissimilar to last year prices before Covid-19 pandemic. PAPpyppolitics/PAPpynomics must be pricing HDB BTOs launches on “path dependendency” or political “sunken costs” mentality. That is to say they can’t price it lower EVEN THOUGH TIMES HAVE CHANGED COMPLETELY,. Otherwise, it will look in the public eyes as “bubbly pricing” of HDB/BTO in the past of exploitative predatory wealth extraction from a captive market pool.

    Or perhaps, PAPpypolitics having blown away $100 bln on Covid-19 largesse must find ways of replenishing its reserves. How better way is there is to attract/offer PRs to foreigners to compensate for the falling demand of natives i.e. the sins and failures of asset enhancement politics/population recycling economics balloning in asset bubbles in the public housing (providing the price cushion) underpinning private condo market and land sales pricing?

    With more retrenchment inevitable given 10% to 20% scarring of the economy base looming, it is unrealistic for HDB to ask of these prices.

    https://www.bloomberg.com/news/videos/2020-10-13/singapore-s-menon-warns-of-economic-scarring-from-covid-video

    EXTERNALLY, CONDITIONS ARE EVEN WORST. Look at these.

    Safe EU bonds draw record demand, Italian yields rise

    https://www.reuters.com/article/eurozone-bonds/update-1-record-demand-for-eu-bonds-shows-demand-for-safe-assets-italian-yields-rise-idUSL8N2HB3HH

    Ten-year German bond yields rose by 2 basis point to -0.605%, YES GERMAN 10-YR BOND IS NEGATIVE YIELD AND THERE IS A RUSH to buy.

    If LEE-jiapore condo market (HDB is the bottom cushion) is lucrative of just POSITIVE 1% nominal rise over 10-yr horizon, won’t European investors gang up and buy up our private condo market (thereby lifting future value of HDB as well too)??

    US 10-yr bond is only 0.7% and if inflation is 2%, its real yield must be negative as well over 10yr horizon.

    HDB BTOs are mispriced/overpriced, a lot of buyers are sleeping in wet dream of future gains.

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  • Soccerbetting2:

    Stated by soccerbetting2 : Quote -”HDB BTO starting prices of sales launch August 2020 prices :-

    4 room flat -
    Ang Mo Kio -$423,000
    Pasir Ris -$374,000
    Tampines -$311,000
    Tengah -$303,000
    Woodland -$276,000
    Geylang -$523,000
    Choa chu Kang -$253,000

    5 rooom -
    Ang Mo Kio -$571,000
    Pasir Ris -$493,000
    Tampines -$423,000
    Tengah -$418,000
    Woodland -$405,000

    Crazy rich Asians can buy Geylang 5 room at starting BTO prices of $523,000 half a million dollars.Singapore,for those who aren’t crazy rich can buy woodland 4 room bto at $276,000 .”Unquote.

    Response :Sorry for the above typo error .Geylang 4 room flat is $523,000 not Geylang 5 room price .Geylang 5 room price is not available and will even be more expensive .So the correct statement should be “Crazy rich Asians can buy Geylang 4 room at starting BTO prices of $523,000 half a million dollars…..”

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