The poor rich Singaporeans

This is another secret to Singapore's success. The poor Singaporeans, many of them, are like fish in a dried out pond but there is water everywhere.

Look at his assets. Probably owns a 3rm flat or bigger, except those on rentals, has a big savings in his CPF that is untouchable till 65 now, and a $30k in his Medisave which is really untouchable unless he is seriously ill.

And he will have a