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To maintain its wealth today, Singapore relies on a large underclass of underpaid non-citizens. Around 40% of the country are non-citizens.
In addition, London sort of has its own Singapore(s) in the form of the City and Canary Wharf. That's great for those who work there, but it's not feasible for a country of nearly 70 million for everyone to just work in finance.
Final comment:
> Singapore did not depend on neighboring countries to climb out of 3rd world poverty
Singapore's wealth is built on trade and foreign investment. To assume that without other countries it would be equally successful is absurd.
Yes we have many comments on HN talking about how harmful the US VCs attitude is because they force good businesses into choosing between being unicorns and not getting funding.
I do not know the truth of it, but clearly its not obvious.
> Unfortunately the UK has not been well governed for 20 years or so, and hence economic outcomes as a whole have been abysmal.
I commented on this earlier. The UK's economic outcomes have been similar to comparable European economies (like Germany) and better than some (like France). Whatever the problem is, its not unique to the UK: https://news.ycombinator.com/item?id=42766107
I do not think the UK is well run, but I think the west in general is badly run. Poorly thought out regulation, short termism in both politics and business, a focus on metrics subject to Goodhart's and Campbell's laws, and a poor understanding of the rest of the work (leading to bad foreign policy).
Who says those countries were well governed though? IMO they are all run by idealogical morons
Reads: People hid their drug use successfully. How much history do we need to experience before we accept that shame only leads to everyone pretending that something isn't a problem instead of addressing it head on.
Reads: Someone who can't comprehend that a lot of people actually don't want to do drugs.
You don't have to deal with the oil supply chain that has issues, from geopolitics, wars, environmental disasters, gas stations. Instead you just slowly upgrade the electrical grid and add more renewable energy production.
If I had to bet, refuelling a car will be a challenge once it will not be economical to have many gas stations everywhere. Fossil car will still exist like we still have horse carriages. I do enjoy the sound of an old internal combustion engine, in some contexts.
Not to mention that hybrid cars are bad electric cars that are more expensive and heavier. Once you have an electric power-train and a battery, it's not much more expensive to have more cells and get rid of the old heavy fossil tech.
In modern relationships, men just want to work and come home to a cooked meal and clean house, but their wives are working just as many hours the men are. Having kids means tension in relationship, unpaid labor by the woman, and stress parenting kids. Even if the husband steps up, he still can't breast feed for 3 hours per day.
Pregnancy is really terrible on the woman's body. Post-partem disorders, child birth problems, its just not nice.
Then when you finally get back to your career after 3 months - 5 years, you're passed on promotions, you're n-months behind your peers, and you just don't have the time to hustle for a promotion if you're time is consumed raising kids.
Or if you choose not to have kids, you get financially rewarded for your time. You get more professional responsibility and career development. You get external validation for your hard work (bonuses, promotions, etc). You get full control of your own money, without needing to negotiate spending your partner's money. You get to live in a better location, because smaller places are more affordable near your work. You don't have a 1+ hour commute to your job.
Being a mom just sucks.