If PAP loses, Singapore will be in deep trouble?

This is what Hsien Loong said. If PAP loses in the next GE, Singapore
will be in deep trouble. How could that be? Is Singapore a fragile 3rd
world country run by tin pot dictator that once the dictator loses power
the country would turn into a state of anarchy, everything collapses?
What would happen to our top class civil service? What would happen to
our armed forces? What would happen to