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And the VAT tax is 13% in China, and the average is 21% in the EU. So? It's wrong to pay more taxes? The governments are stupid to implement a sales/VAT tax and hurt their economy? It's not even 0.1% of US GDP. And what's with all these sudden cringe emoticons in your post? Did viva viet...

What's wrong with raising taxes? Singapore just increased the GST which is a consumption tax. So we're stupid for hurting consumers and firms? That's the only dimension to it?

I don't know. Sometimes he can make a fair and compelling argument. But other times he make outright dumb arguments like Chinese sucks at football because China is such a fair and just society without millions of people living in slums: And now some big brain 5D chess move "We can make Texas...

OP just showed how desperate he is. :lol:

We have already incorporated a high level of automation in the Terminal 4. With the accumulation of operating experience and advance in technology, I believe the Terminal 5 will bring automation to a whole new level on a larger scale when completed in the next decade. However this is a...

^ That is why Russia had to resort to mobilization lmao.

I would say it's more like the inflation of lifestyle expectations. In SG, most families can afford such basic necessities. In fact, income/education and TFR are negatively correlated here. The higher the income/education, the lesser the number of kids. The higher the income, the higher the...

Cost is really determined more by the wants of the modern society than needs. The government is thus relatively powerless against changing people's lifestyle expectations (freedom of bring childless, work life balance, enrichment classes/holidays for the kids etc). Results have shown that...

And Zimbabwe is outperforming Switzerland because Zimbabwe is growing faster lmao.

Society Total Fertility rate Population decline began Japan 1.37 2007 Mainland China 1.16 2022 Taiwan 0.98 2020 Hong Kong 0.77 2020 South Korea 0.78 2021 Singapore 1.12 -

Ermm... did you read my full post? I'm saying Putin is conjuring a bunch of nonsensical reasons to justify his invasion.

https://www.aljazeera.com/news/2023/2/21/putins-speech-on-the-state-of-war-what-exactly-did-he-say Putin invaded because > NATO expansion > Russia, not Ukraine, is fighting for existence > Genocide in Ukraine > Ukraine wants to speak its own language and eliminate the Russian language >...

https://www.businesstimes.com.sg/singapore/singapores-fresh-grads-see-higher-salaries-full-time-employment-rate-2022 FRESH graduates from Singapore’s four autonomous universities had higher full-time employment rates and salaries in 2022, compared to earlier and pre-pandemic cohorts, according...

It's gross debt. If you take external assets into account, Japan and Germany has among the most external net assets in the world.

You know, he doesn't care about the technicalities. You tell him that Japan is recording a current account surplus despite the trade deficit, he continues to tell you that Japan is incurring a trade deficit and will run out of assets in 5 years lol. Forget that Japan is still recording a...

Rather than trade balance, the more important measure is current account balance which take into account foreign MNCs' profit. That is why IMF measures current account balance rather than trade balance when looking at a country's external balances. You can export an Apple or Tesla product to a...

Wow, so concerned. Like how soon? You aren't saying this because you hate them? There are 100+ economies smaller than Japan which record current account deficits annually, and most of them didn't collapse. Not to mention Japan still recorded 2% current surplus in 2022, the so called 'worst'...