Lim Chong Yah’s recommendation and the big risk

There have been all kinds of criticism against Lim Chong Yah’s shock therapy but all seems to miss the most dangerous point. His freezing of the pay of those earning above $15,000 is perhaps the most dangerous of his recommendation. Singapore will definitely sink and become another third world.

With the freezing of top talent’s pay one thing will sure to happen. They will be underpaid and what