Can Singapore really transit to a post-oil economy?
When my father was a young man traveling the globe as a sailor, Singapore was a mosquito-infested city in the tropics. If one said that we went to Singapore he was looked at with admiration for his adventurousness. Today, Singapore is one of the most important commercial hubs of the world. It attained this by working hard and offering a stable legal system as well as a competitive attitude towards business. Places such as Singapore have made it to the great and good but that’s not a military decoration. If you don’t work tirelessly, it goes away. No advanced economy can run on outdated technology like windmills.