> That's also why ordinary Chinese young people don't want to go down to the provinces.
replyRecently you're even starting to hear stories I thought ended with the Soviet Union. People who are literally terrified of getting on a train out of the city because they think they might never be allowed to come back.
We're all navigating through hard times.
replyThe world economy has never done better in absolute terms. I'm not sure where all those hard times are that I keep hearing about year after year, virtually independent of how well the economies are actually doing.
replyIt's a K-shaped economy, after all. From the way you talk, you seem to be upper class. Usually Singapore is centered on elite schools and technology for certain families, and just from the fact that you can go into the English-speaking and IT industries, it seems to me—based on this conversation—that you're basically upper class. You're probably connected to Lee Kuan Yew's family. Singapore itself is a standard English-speaking country, and there are many Chinese Singaporeans, but even so, considering the basic amount of education needed to learn IT skills in Asia, you're probably upper class.
replyThen it makes sense that you wouldn't feel it. In fact, because it's a K-shaped economy, the bosses and businesspeople I meet think the business climate is good. But separately from that, for ordinary people who are the actual consumers, it's hard to make a living.