REACH 354 - How are you adjusting to Singapore's import disruptions? What are your views on Singapore's approach to strengthen economic and security cooperation with other countries ?
(SK)
30 May 2022 (10am - 7pm)
REACH
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Megan 😊
[10:15 am, 30/05/2022] +REACH: Dear Contributors,
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[10:19 am, 30/05/2022] +REACH: 📢 Topic 📢
Singapore has built its food resilience with buffer stocks and by diversifying its sources, so that it can cope when any single source is disrupted, said PM Lee on Friday (May 27) to media at the end of a four-day working visit to Tokyo, Japan, as he was replying to a question on how Singapore will be responding to other countries’ export bans – and if it will seek redress at the World Trade Organization (WTO).
💬 How are you adjusting to Singapore's import disruptions? What are your views on Singapore's approach to strengthen economic and security cooperation with other countries ?
He said the answer to such a situation “is not what we do now, but what we have been doing now for several years, which has been to build up our buffer stocks and our resiliency, and diversify our sources”. “So that (when) any single source is interrupted, we are not unduly affected. And if you can't buy chicken from one place, you can buy chickens from other countries.” “This time it is chicken, next time it may be something else. We have to be prepared for this.”
He also said it was “regrettable” that countries have begun raising export controls, as this adversely impacts Singapore, a consumer country that imports food. But he added that it is “not so surprising” that such things happen. Presently, food supply chains are being disrupted because of the Ukrainian war and inflation is also high, he said.
Describing the world as “very unsettled”, Mr Lee acknowledged ongoing issues of inflation and high costs of living. But he also said “many more disruptive things can happen than just some price adjustments”, adding that some of these are already playing out.
👉🏼Singapore has built food resilience with buffer stocks and diversified sources to cope with disruptions: PM Lee
https://www.channelnewsasia.com/asia/lee-hsien-loong-singapore-food-resiliency-buffer-stocks-diversified-sources-disruption-2711556
👉🏼'Open and inclusive' regional architecture can maintain peace, stability in Asia: PM Lee
https://www.channelnewsasia.com/singapore/lee-hsien-loong-regional-security-economic-cooperation-nikkei-conference-2708326
👉🏼Singapore, Japan key partners to protect regional peace: PM Lee and PM Kishida
https://www.straitstimes.com/asia/east-asia/singapore-japan-key-partners-to-protect-regional-peace-pm-lee-and-pm-kishida
-----
[10:26 am, 30/05/2022] +Uncle Law: My family go for frozen meat instead. We try to look for alternative rather than paying more for the usual
[10:48 am, 30/05/2022] +Smiley face: https://www.mckinsey.com/industries/agriculture/our-insights/the-rising-risk-of-a-global-food-crisis
[10:58 am, 30/05/2022] +Smiley face: 30 May, 2022
To: Welcome! All New Honorable Members
"The currency happens to be foods (甜头)"
Hypothesis:
Currently, Country A needs to buy foods and or goods from Country B.
Perhaps the exchange rates between the two trading nations be just a little sweeten (甜头) towards B to motivate B to send and secure these strategic items of necessities on a continuous basis?
"One group thinking smart but the others are no fools too? "
“一群人的想法很聪明，但其他人也不傻? ”
- - annoymous
Articles:
https://www.mckinsey.com/industries/agriculture/our-insights/the-rising-risk-of-a-global-food-crisis
[11:44 am, 30/05/2022] +Lim Lecarl: My family hasn't felt the effect of the increase in prices to the extent of changing our consumption patterns, and we recognise our privilege. But we did not eat chicken regularly anyways as we have turned to eating more vegetables instead. Furthermore, bulk of the pressure on cost of living is really housing prices. However, I do feel that this is a good potential for us to address other issues such as food waste, rising obesity, unequal food security, and to have Singaporeans be more aware about where our food comes from. For instance, when we import chicken from Brazil, would we be complicit in the deforestation that occurs to grow the feed crops for chickens?
To address the mismatch in demand and supply, our 30 by 30 local production goal is ambitious and necessary, however maybe there is also the possibility of pricing chicken differently to diminish an inflated demand. Singaporeans eat 36kg of chicken/capita, which would place us within easily the top 20 countries by OECD FAO 2018 estimates. Which does not make sense considering how every other country in the top 10 are chicken-exporting countries and we have no production capacity of our own. Diminishing demand would mean allowing prices to rise for huge consumers like hotels and caterers, to nudge them towards a switch in choice of protein, possibly to a plant-based one. Encouraging plant based diets would not only be healthier, but also less carbon intensive and a more sustainable consumption.
[0:12 pm, 30/05/2022] ☸️ Danny 心:
"Deadly nose-bleed fever shocks Iraq as cases surge"
https://en.prothomalo.com/international/middle-east/deadly-nose-bleed-fever-shocks-iraq-as-cases-surge#:~:text=Deadly%20nose%2Dbleed%20fever%20shocks%20Iraq%20as%20cases%20surge
[0:12 pm, 30/05/2022] ☸️ Danny 心:
Tick borne haemorrhage fever that trigger nose bleeding - from animals to human.
2/5 infected dead. No vaccines.
Look like humanity have to switch to meat substitute like cell culture meat, plant based meat or 3D-printed meat.
Thus compassion to alleviate animal sufferings from mass slaughter for food is manifesting.
[0:14 pm, 30/05/2022] +JC: No adjustment needed. Not worried given that SG is a very rich country and govt is doing a good job diversifying supply over the years. We r far from having to really worry about such stuff.
[0:14 pm, 30/05/2022] ☸️ Danny 心:
https://mothership.sg/2022/05/malaysian-fish-prices-up/
Sharp rise in M'sian fish prices due to steep drop in fish found in waters, up to 70%: M'sian Fishermen's Association.
A manpower crunch is also exacerbating the problem.
[0:14 pm, 30/05/2022] ☸️ Danny 心:
https://mustsharenews.com/fish-prices-rise-malaysia/
Spike In Fish Prices A Result Of Low Supplies & Illegal Activities.
[0:20 pm, 30/05/2022] ☸️ Danny 心:
Why chickens are getting more pricey from US Manhattan to Malaysia. https://sg.yahoo.com/finance/news/why-chickens-are-getting-more-pricey-from-manhattan-to-malaysia-030848849.html
[0:22 pm, 30/05/2022] +Smiley face: 30 May, 2022
"Sustainability and limitations"
"Hamburgers pattie made from plants tastes good and like beef!"
- - annoymous
Plant based meats is a good switch from animal based farming. It will reduce carbon prints, free up ranching space, reduce water usage and cut feces pollution.
What are the next limitations and new ingredients to manufacture these new meats?
Are these the ingredients?
1) wheat gluten or seitan.
2) soy and tofu.
3) pea protein.
4) potato starch.
5) coconut oil.
6) beans and lentils.
7) nuts and seeds.
8) vegetables.
How can the plant based meats make economics sense and be affordable to all developed nations? What's the strike price per kg when implemented?
Afterwords:
Green:
How about electric vehicle initiatives? The disposal of used batteries from these EVs and the raw materiel like rare earth, nickel, aluminium, copper and palladium among other things needed to build these EVs? The regrid of power cables to enhance faster charging, safer flow of electric current and charging points.
Population:
Next comes the trajectory of global population growth into 2050 and by 2100?
Ratio of population -
Singapore vs Malaysia
1: 0.10 (1900)
1:0.18 (2000)
1:0.18 (2022)
Today, it means that Singapore population is 18% of Malaysia. Going forward after 2030, will Singapore population be 1:0.2 of Malaysia? If that materialises, it will be 7 million people?
Oil Discovery In Africa:
"One of the biggest oil and gas discoveries on the continent was made last month by Total. Energies and Shell off the coast of Namibia. It is thought the offshore deposits could hold about 3 billion barrels of oil in total and provide an estimated $3.5 billion annually in royalties and taxes for the Namibian government."
Today, at 2,500 ft deep sea water, you may find oil & gas deposits. Decades ago the technologies to sea oil was 1,000 ft. Shell and TOTAL have concessionary agreements to explore oil & gas in Nambia.
How about South China Sea?
No more HIDE & SEEK, today exploration technologies are capable to assess and access potential areas of this crucial commodity, OIL & GAS!
- - in progress - -
[0:27 pm, 30/05/2022] ☸️ Danny 心:
https://www.newsecuritybeat.org/2017/02/ocean-fish-stocks-on-verge-collapse-irin-report/
Ocean Fish Stocks on “Verge of Collapse,” Says IRIN Report.
70% world fish stocks depleted.
[0:33 pm, 30/05/2022] ☸️ Danny 心:
https://www.nytimes.com/2019/08/08/climate/climate-change-food-supply.html
Climate Change Threatens the World’s Food Supply, United Nations Warns.
[0:44 pm, 30/05/2022] +Smiley face: 1) China (58.8 million tons)
2) India (9.46 million tons)
3) Indonesia (6.10 million tons)
4) Peru (5.85 million tons)
5) US (5.36 million tons)
By the way, who is KOMIRA?
https://komira.co.id/site/article/read/882/20/5-Countries-with-the-Worlds-Largest-Fish-Yield
[0:45 pm, 30/05/2022] ☸️ Danny 心:
We have to secure food and energy like securing our water if we want to survive and live well in the coming decades....
[0:49 pm, 30/05/2022] ☸️ Danny 心:
https://news.google.com/articles/CAIiEF1IC2--n9-667Lay56tYuwqGQgEKhAIACoHCAowief2CjCJ2dUCMLqkxwU?hl=en-SG&gl=SG&ceid=SG%3Aen
Rice work: Thailand and Vietnam unite to control grain trade – boost power in global market.
Such a move will benefit millions of farmers in the two countries who have struggled with rising costs while prices have remained subdued.
Threat from the major exporters comes amid growing food protectionism and runaway inflation with concerns India may restrict rice exports after wheat and sugar.
[0:54 pm, 30/05/2022] +Smiley face: 30 May, 2022
"Implosion of Food Chains and things?
Longer lifespan and entended retirement age.
Postponement of marriages and to procreate.
Fertility and replacement ratios are below 2.0 for certain countries. (1.5 or less means attrition)
The greying populations of the developed nations from Europe, Mexico, US, Japan, South Korea, Singapore and China.
Concepts:
Baby boom vs Baby Burst
Birth Control vs Death Control
[0:59 pm, 30/05/2022] +Smiley face: Who is MOWI?
https://mowi.com/
[1:13 pm, 30/05/2022] +Smiley face: “What makes demographics such a rewarding opportunity for the entrepreneur is precisely its neglect by decision makers, whether businessmen, public-service staffs, or governmental policymakers."
- - Peter Drucker
[1:26 pm, 30/05/2022] +Smiley face: 30 May, 2022
"A Pre-Planned and Calibrated War (当你病, 要你命)?"
"oil, food and money, three ingredients, to survive, to make or to break a war...?"
- - annoymous
Can we see it, in play and more to come?
The intent of US involvements in the Russia-Ukraine war perhaps is a planned and calibrated efforts of the US policies, politics and the supports of it allies, this enlarged Euro-Asia game plans with its military strategies and interventions to deplete Russia's military and economics resources to the end point of no rebounce! This prolonged war is not to destroy but to demean Russia entirely however the immediate sufferings are the Ukrainians and the world itself.
The NONSTOP rising prices of all things, MORE shortage of foods & goods to come and into this winter the POSSIBILITY of Russia turning off the oil and gas to the targeted European nations.
Next how about China's domestic social, political and economics situations especially into Q2 to Q4, specifically going into August and towards November. The two time lines are crucial tipping points for China internal shufflings and perhaps a clearer international economics decisions for nations going into 2023 and 2030.
Russia (and or China - the perceived no.1) will prevail simply it is a big nation and it is not any easy effort to destroy it, for there is a price to PAY for everything this case is a limited WAR!
News:
https://www.mckinsey.com/industries/agriculture/our-insights/the-rising-risk-of-a-global-food-crisis
https://www.nbcnews.com/politics/national-security/ukraine-asking-biden-admin-anti-ship-missiles-drones-rocket-launchers-rcna27406
HIMARS missile system
https://www.lockheedmartin.com/en-us/products/high-mobility-artillery-rocket-system.html
"One group thinking smart but the others are no fools too? "
“一群人的想法很聪明，但其他人也不傻? ”
- - annoymous
[1:32 pm, 30/05/2022] ☸️ Danny 心:
The Reality
1. World food stock will continue to deplete, and World population will continue to grow.
2. Famine will arise and world conflict due to snatching food resources will grow - as water stock, energy stock and food stock get depleted.
3. Food supply will get worst and will not get better because :-
a. Over-fishing, over depletion of fertile farm, over wastage of food.
b. 3 minor catastrophe (小三灾）- Global climate, pandemic, war (天灾，瘟疫，刀兵劫）disrupt food production and reduce food production.
eg.
- bird flu kill poultries, swine flu kill pigs, mad cow kill cow, warm ocean kill fisheries, Clostridial diseases affect sheep etc.
- global warming trigger flood, drought - and make fertile land barren and not suitable to grow crops for human and animal feeds. 10 times of land are required to grow crops for animal feeds - result in overuse of fertile lands - to grow crops for humans.
- war disrupt production of food, blockade of food distribution, and destruction of foods.
c. Geopolitical jostling and tension, sanctions - will disrupt trade for food and skew food supply reaching Countries that need food.
d. Food protectionism increasing likely to protect local poopulation from price increase and shortage of food supply - and may ban food exports --- that will greatly hit Singapore that depends 90% of our food source from imports.
3. Singapore have to treat securing of food supply and energy supply --- like securitng our water supply ---- if we want to survive and live well in the coming decades.
This is the "Hard Truth"...
[1:34 pm, 30/05/2022] +Smiley face: Convert that cruise boat into a FLNG? Over thinking, perhaps?
Daily rental of up to US$650k, initial conversion cost can be US$2.0 billon or more per boat?
https://www.shell.com/about-us/major-projects/prelude-flng.html
[1:42 pm, 30/05/2022] ☸️ Danny 心:
4. Hence food security and military security - are combine into 1 topic - because when human survival are threatened - military conflict will arise.
5. Food supply reduction
Food price increase
--- will be the growing trend -- unless global climate turn well, food sources are not threatened by disease, war and conflict among Countries will not arise ---- which we know will not happen.
In fact, the opposing trend are more the reality - due to 3 inherent traits --- Greed, Hatred, Ignorance (贪，嗔，痴）。
6. Devising a Food Security Plan
and separately devising Regional Security Architecture Plan - will be necessary ---- to secure reliable food supply to feed our 5.65 population and ensure military conflict won't break out in our region will be necessary.
[2:00 pm, 30/05/2022] +Smiley face: 30 May, 2022
"Income and Inflation"
Coming 8% GST Q1/2023:
When a family of 6 or less members with a monthly income (non disposable income) of $8000 and above. Perhaps, this family unit will be able to sustain all inflated prices into Q4/2023?
Whereas a family monthly income of say $4000 with 4 to 6 members, they will feel and see the pain of price increasing month to month from apples to transports?
Can we use $4000 (or $3500) as a baseline for the affordability curve-households?
[2:02 pm, 30/05/2022] ☸️ Danny 心:
Food Security Plan
Short and Medium Term Plan
1. In short and medium term - we need to secure our food supply to ensure if disease struck the live stock, climate hit crop harvest, war block food distribution -- that hit our traditional suppliers, we will have other food supplies to replace and cover our food shortage. Hence,
a. We need to diversify our food supplie for each type of food which I categories into 2 big groups :-
i. Meat food
ii. Crops
i. Meat food are poultries (chicken, duck, eggs), fishes, seafood, beef, mutton, pork etc.
ii. Crops are vegetables, rice, wheat, oats, barley, soya bean etc.
b. 2 strategies as adopted by our Government put us in a good stead :-
i. Ensure we have few or many food suppliers coming from many Countries.
ii. Stockpiling, freezing, and using long term storage method - to stockpile our meat and crops - to ensure that when food supplies are ban or restricted - we can use our stockpile to cushion the temporary shortage in food disruption.
c. But this is only good for short and medium term - if food supply are temporary disrupted.
What happen if food supply eg. meat and crops are severely restricted due to worsening downturn in global climate, pandemic or war --- that threaten many of our food suppliers?
Then even stockpiling and diversfication of food supplies from many Countries will not help.
2. Hence we need to devise a Long Term Food Security Plan to ensure we can manufacture our food and be self-sufficient - not affected by Global climate, food diseases or war.
[2:05 pm, 30/05/2022] +Smiley face: Between $4000 & $8000 gaps, we can assume this area in the affordability chart as the 'flip' groups.
These households will be the next in line to feel and to nimble expenses into Q4/2023 should price of essentials continue to be unstable?
[2:08 pm, 30/05/2022] +Smiley face: Proposing a FOOD CHEST., like COMCHEST and the annual President's Charity.
This food chest is for the affected households monthly income short comings?
Possible?
"finding ways & means to resolve things...?"
- - annoymous
[2:11 pm, 30/05/2022] +Smiley face: Oops, the ST school pocket funds too. Can we start RELOOKING any students from primary to tertiary levels that need helps?
How can we breakthrough, sometimes many SHY people from assessing such helps?
[2:11 pm, 30/05/2022] +Rama: Worth looking into
[2:12 pm, 30/05/2022] +Smiley face: Good afternoon, Mr Rama!
[2:13 pm, 30/05/2022] +Rama: Can the various funds across the board be consolidated where possible to maximise resources and minimise operating costs!?
[2:15 pm, 30/05/2022] +Smiley face: Oops, our elderly from MG to PG, who needs help and who are not coming forward to be helped?
What's the existing strategies by MSF in identifying and implementing helps in a timely manner?
How many Outliers?
[2:16 pm, 30/05/2022] +Rama: We need to look deep into those who for some reason or another cannot come forward and lack assistance to seek help.
[2:20 pm, 30/05/2022] +Smiley face: Perhaps is a combing issue.
Make helps simple and easy to reach. Though there are checks and approvals to be properly documented.
Household HDB size and income (not disposable), may have to be reviewed and if necessary be lowered ?
[2:22 pm, 30/05/2022] +Rama: Residents Committees,MP meet the people session, door to door visits, various cdc all must pool resources to micro dig out the most needed cases.
[2:24 pm, 30/05/2022] +Smiley face: A good head start.... Like Mother Theresa's said "WILL"!
[2:25 pm, 30/05/2022] +Rama: Yes
[2:27 pm, 30/05/2022] +Smiley face: So long these necessary helps don't become bad habits...
"bad habits are like chains that are too light to feel until they are too heavy to carry..."
- - Warren Buffett
"Just don't become too heavy for the taxpayers of our future?"
- - annoymous
[2:40 pm, 30/05/2022] +Smiley face: 10% increase in gross pay, with it hourly wage or whatsoever...
2 things:
One, to retain talents and workforce
Two, perhaps this inflation thingie is here to stay, that is 10% onwards?
https://www.cnbc.com/2022/05/26/apple-says-it-will-raise-pay-for-corporate-and-retail-employees-in-tight-labor-market.html
[2:42 pm, 30/05/2022] +Smiley face: Three, your apple devices will be 20% dearer too, comes Q4/2022!
[2:43 pm, 30/05/2022] +Smiley face: "This is business ( 开门做生意)...?"
[2:50 pm, 30/05/2022] +Frankie Wee: https://www.barrons.com/amp/articles/apple-iphone-production-51653554774
[2:50 pm, 30/05/2022] +Smiley face: One manufacture planned production into Q3 and Q4 was 40 million units. However, the contract manufactures can only produce up to 9 million units. All blames upon Ukraine, China lock downs and supply chain chock ups?
"Don't buy that, more down price to come into August or longer... "
- - annoymous
(disclaimer - not encouraging gambles nor any corporation standing, mere academic discussions)
[2:53 pm, 30/05/2022] +Frankie Wee: Good I glad would buy iPhone 14 if price go down
[2:53 pm, 30/05/2022] +Smiley face: Where is Foxconn these days, what's the total headcounts like? Are they into India and Vietnam?
[2:59 pm, 30/05/2022] +SL: According to the demand forecast and stock details in a warehouse. Previous few months, the stock was over-ordered, and foreseen upcoming demand was without a surge. Hence cutting production is a way to manage costs.
[2:59 pm, 30/05/2022] +Smiley face: Price of phone unlikely because of shortage abd shanked output.
Phone prices will be up, at least 20 to 30% to cover back Apple Quarterly earnings into Q3 and Q4.
Then comes our Telco packages for this apple products!
Hopefully, its stock price may soften, though not for long period....
Lowered output, Increased Prices!
[3:00 pm, 30/05/2022] +Smiley face: Same applies to automobile boy boys like VW, Toyota and lastly Tesla, the electric boy!
[3:01 pm, 30/05/2022] ☸️ Danny 心:
Long Term Food Security Plan
1. When we face with water security, threat to cut our water supply - we face with a very difficult choice.
Either we continue to bend and succumb to ever changing demands to water prices and other demands - we have to find ways to be self-sufficient in our water supplies.
Hence we devise ingenious ways to increase and secure our water supplies through:-
a. Recycling sewage, drain water - and turn it into drinkable Newater.
b. Desalination - by turning seawater into drinkable water.
c. Reservoir - catching rainwater and turn it into drinkable water.
--- other than solely relying on imported water.
Now our own ways of producing water - ensure our self-sufficiency in water - and even if imported water tap is turn off - we can still survive with our own "manufactured water" and yet can still drive our industrial needs for Economic growth.
2. Now food supply (same as energy supply) is increasingly threatening our survival like water supply.
We need to be ingenious in finding ways to be self sufficient in securing our food supplies - and not be held hostage by external ban or restriction to food export.
3. Hence a "Long Term Food Security Plan" will need to be devised to secure our food sources to ensure self sufficiency.
4. I will categorise our food sources into 2 big groups :-
a. Meat food - in which we can "manufacture", achieve self-sufficiency and mass produce for export
b. Crops - in which we may not be able to achieve self-sufficiency - as we need big land spaces to grow our crops.
One way we can explore is vertical farming to secure high yield per floor space by stacking our crops by vertical floor --- even up to 51 floor - the highest vertical farm we ever build.
a. Meat food
i. We need to put more resources to produce :-
- cell culture, tissue re-engineering meat - by extracting healthy cells from chicken, duck, fish, prawns, albalone, squid, beef, mutton, pork etc - and then we culture and grow them into edible meat.
Then we will have steak, chicken chop, mutton chop, pork chop, seafood to eat ---- in the event that if rice, wheat etc are ban --- to survive --- we won't go hungry.
These type of meat substitute are similar to real meats - except it need not need to rely on animal feed to grow, it is healthy as bad fat are removed, and cells can grow and multiplied.
There will be no risk of short supply in such meat - due to poor harvest in crops for animal feeds, animal diseases that need to cull animals, setting aside lands to let animal graze lands or lands to grow animal feeds.
We can not only produce sufficient supply for local population, but can also mass produce for export market - and grow our GDP.
Most important - we ensure our meat self sufficiency - oblivious of meat shortage due to weather, diseases or war or overfishing.
- 3D printed meat, plant-based meat - which mimic the real meat except they are make of plants - which also can be mass produce.
4. Hence, our efforts on R&D for such meat substitute as well as inviting cutting edge investors, researchers, production plants from all over the World --- will be vital to help us to "manufacture" our meat subsitute - which will become the foundation of our long term food security ---- like newater, desalination plants for our water security.
b. Crops
i. To achieve self-sufficiency in crops such as vegetables, fruits, rice, wheat etc will be challenging as we have limited land spaces.
ii. We can go vertical - eg. by building a 51 floor vertical farm.
iii. But there is a limit to the yield based on vertical farming.
For eg. Temasek resistant rice can produce 6 tons of rice in 1 hectare lands. Even with 51 floor - we can only produce 306 tons of rice.
Then we still need to plant and wait for the rice to grow after we harvest it.
Singapore eat 347,000 tons of rice per year.
Hence vertical farming will not be sufficient to feed our population.
At most we can meet 30% of our needs.
iv. Hence we still need to work with overseas suppliers to secure our crops needs such as rice, vegetables, fruits, wheat, oil, sugar, salt etc.
v. But as a consolation, in the events where crops are completely ban from exports - as the world external conditons worsen to such level - we still have "meat chops" + 30% crops - to ensure Singapore population won't go hungry.
[3:02 pm, 30/05/2022] +SL: Phone price is subject to targeted profit, alternative and demand, inflation in the supply chain, and marketing method expenses.
[3:02 pm, 30/05/2022] +Smiley face: When you are a PRICE TAKER, not much to worry about...
Just pay for it, any options?
[3:03 pm, 30/05/2022] +Smiley face: Then goes back to that $4000 monthly income or less households, that will be a problem?
[3:03 pm, 30/05/2022] +KSFoong: If recession kicks in, how many could afford the expansive premium priced iphone? But, i really cannot predict the comsumption behavior of our younger generation.
[3:08 pm, 30/05/2022] +KSFoong: New EC condos that cost more than a mil are snapped up like hot cake and according to reports from news, majority buyer are young Singaporean. Try to relate this infor to our income distribution data released from the government, and consider the currently CPF contribution, as well as likely saving, i cannot reconcile how these young people could affort these million dollars properties!
[3:08 pm, 30/05/2022] +Frankie Wee: Low and mid income household and having kidding in family.
Expenses spent what you necessarily are limited and wise money pocket.
[3:13 pm, 30/05/2022] ☸️ Danny 心:
Regional Security Architecture
1. Military conflicts due to Geopolitical tensions, resource shortage and even food shortages are increasingly possible - within our Asia Pacific region.
2. Very likely, the following conflict scenarios can occur :-
a. China-US (allies) over Taiwan, South China Sea, East China Sea - military confrontation may occur.
b. Korea peninsula military conflict
c. Regional conflict between countries over maritime, fish stock, maritime trade and travel
d. Terrorism that spread across borders.
3. Thus our Government has a comprehensive webs of security architecture - to ensure that we have military cooperation and collaboration - to prevent misunderstanding and mishaps as well as humanitarian collaboration and cooperation in maritime and disaster recovery.
4. We have bilateral military exercises with our neighbors such as Indonesia, Malaysia and Brunei. We also have anti-terrorism cooperation and collaboration with our neighbors.
5. We have larger multi-lateral exercises with larger Asia Pacific Countries such as ADMM, US led maritime and air exercises.
6. Most important, we also have bi-lateral military exercise with China - naval exercises, humanitarian maritime exercise.
7. All these will help to build military confidence, understanding and open communication within the region - to ensure that conflicts and confrontation will not break up -- in the events situation turn bad - and certainly should not let food shortages be the trigger points for conflict.
8. Hence our "short-term, medium-term and long-term" - food security plan --- will need to be crystallised and acted upon --- to ensure our long tem food security and national security --- in which our survival and lives depends on.
[3:14 pm, 30/05/2022] +KSFoong: Many people spend beyond their means! Nowaday, people fo not use soap, but more expansive liquid shampoo or shower gel. They do not cook but rather eat out! They must travel oversea every year, even borrow money to do it. Many spend 2 tov3 hundreds a month on sinful habits: smoking, drinking!
[3:14 pm, 30/05/2022] +Frankie Wee: https://www.mof.gov.sg/singaporebudget
[3:23 pm, 30/05/2022] ☸️ Danny 心:
https://cnalifestyle.channelnewsasia.com/dining/food-forest-rooftop-urban-farm-singapore-restaurants-kaarla-oumi-312986
Vertical farming in Singapore - 51 floors.
51 floors up in Singapore, the world’s highest urban farm produces surprises for its restaurants
[3:23 pm, 30/05/2022] ☸️ Danny 心:
https://cellbasedtech.com/lab-grown-meat
Cell can grow and multiply to form meat.
[3:30 pm, 30/05/2022] +Rama: Adhoc and hourly rates must be set at a minimum with adjustment from time to time for inflation with appropriate fringe benefits
[3:32 pm, 30/05/2022] ☸️ Danny 心:
Infinite supply like water, solar.
[3:32 pm, 30/05/2022] ☸️ Danny 心:
So no shortage.
[3:35 pm, 30/05/2022] +Smiley face: It is timely to feel the difference...what a humble lesson?
Abundance vs SCARCITY
[3:36 pm, 30/05/2022] +Smiley face: 30 May, 2022
This Planning Machines (超前部署)
“Lee Kuan Yew — who is the greatest nation builder, probably that ever lived in the history of the world — he said one thing over and over and over again all his life,” and that was to “figure out what works and do it,”
- - Charlie Munger
Do you agree with Charlie, this Angel investor?
Singapore has all along planned ahead of things from staples, social & economics developments to global affairs. Those millions of "what ifs" have already been discussed and debated within the cabinet members from 1G (1965) to 4G (2022-).
Though it may not be revealed to the public many strategic plans with it short, mid or long term. Eventually, all will see it clearly, one by one, each policy and each initiative implemented, good or not so, all will be recalibrated as and when needed. In short, this Singapore we are living in now is an evolving planning machinery - 24/7 and 365 too!
Singapore is a global citizens hub, dozens of nationalities from the America's, the Europeans to Asia reside in our island state.
Our global diplomacy and relationships are excellent with one exception these days that is (Russian Republic)!
Securing foods and goods will not be an issue. Afterall, we are wiling price taker to all sellers big or small!
Meanwhile, please continue all meaningful activities, economics and keep in mind those who are sufferings elsewhere and especially within us?
(hopefully it answers many doubts?)
Afterwords:
"Wondering what's this REACH about...?
- - annoymous
- - in progress - -
[3:36 pm, 30/05/2022] ☸️ Danny 心:
Alternatively there are insect based protein foods.
But still killing lives - unlike cell culture meat and plant based meat that doesn't kill lives.
[4:01 pm, 30/05/2022] +Frankie Wee: https://www.ema.gov.sg/media_release.aspx?news_sid=20220321Ex6rcvZaw8dl
The Energy 2050 committee released its report today concluding that it is realistic for Singapore’s power sector to aspire to achieve net-zero emissions by 2050. The report noted that the entire energy value chain would have to undergo transformational changes to achieve this, and acknowledged that it would be challenging due to uncertainties such as geopolitical trends and technological advancements.
[4:02 pm, 30/05/2022] +Smiley face: https://suncable.energy/
[4:04 pm, 30/05/2022] +Frankie Wee: All HDB above top root will use it.
[4:06 pm, 30/05/2022] +Smiley face: 4000km long undersea solar energy transfer from Darwin to Singapore.
Into Singapore, this green energy can also be transfered to other Asean nations who need it?
[4:10 pm, 30/05/2022] +Smiley face: "Big Pictures"
1G legacy-
Instilled stability, housings, kick started economics developments include financials, medicals, PSA, CPF and National Service.
2G legacy -
Strengthening the administrative services aka civil services, law and order. Infrastructures development like GIC, MRT and Changi Airport.
3G legacy -
Social integrations and development, further educations and skills, technological developments, newater, (chips manufacturings) and green developments
4G - plans to be announced
5G - in planning?
(pls feel free to amend or addon these legacies, not mentioning many established key institutions pre 1G onwards into 3G, apologies for any lapses)
[5:51 pm, 30/05/2022] +REACH: Dear Contributors,
We want to HEAR MORE from you!
We have had good feedback from this group, and we hope that we can keep the discussion robust and active!
Megan 😊
[6:45 pm, 30/05/2022] +REACH: Dear Contributors,
⏰ We will be closing the chat in 15 minutes ⏰
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan
[6:52 pm, 30/05/2022] +Kevin: Good night Megan
[6:59 pm, 30/05/2022] +Smiley face: The spectrum of culture, choices, beliefs and public polices are the driver of this unavoidable trend of lowered population growth from the developed nations to the developing nations. It is not the end of human extinction, people are producing much lesser and delaying their creation of family units ! For the emigrants, the same goes, the above attributes are on par with the natives! The life and death ratio is a balancing scale of human evolution and a natural order of things, either way if off balanced, it will affect the demographics of a generation and into the next generation. Should the global fertility ratio continues to lower than 1.5, at end of this century, perhaps the entire world population will be older too!
- - in progress - -
[7:00 pm, 30/05/2022] +Smiley face: All of these bread, butter and oil questions, said the father to his son, "do you really think this Tug Of War will end sooner than you hope, that's what I have asked my father decades ago too!"
- - annoymous
[7:00 pm, 30/05/2022] +REACH: Dear Contributors,
We will be closing the chat for today.
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan 😊
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