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singapore is a country with 5 million people man. Its barely a country even. what retarded comparison are you even making?
also singapore opened up its market for foreign investment way early compared to most asian countries. Its in an optimal location with low population and gave rise to heavy investment from outside countries, mostly western countries.
2001 foreign companies accounted for 75% of manufactured output and 85% of manufactured exports.
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well then china has lower GDP per capita than thailand and malaysia so with your argument i could also say maybe the non chinese could be the reason for the development in those countries and the other groups focusing on other sectors of economy. Also Vietnamese have higher IQ than many european/western countries at 94 which is higher than thailand, philippines, and malaysia. Yet vietnam is poorer than all those countries.
There are many factors involved thn just IQ. And IQ itself is bsed on environment predominantly. there's genetic aspect as well but its more environmental based.
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Vietnam might be poor but it's going through a raging economic boom. One or two generations down the line, things will be pretty different there. Vietnamese have successfully emulated the China's version of central planning but still suffer from all of the issues similar to China. There are also idiots who hate China in Vietnam which makes no fucking sense since they allow Chinese investment left and right. And doing much better than other countries in its region. Vietnam is already better than the Philippines despite being a undemocratic one party, poverty-stricken country: poverty rate: 7%, homicide rate: 1.85%, unemployment: 2%.
As for Thailand, the new king is pretty much similar to many incompetent leisure minded kings you know from history. Not much to worry about since he probably spends most of his time snorting coke off pre-teen trannies. The government is still corrupt and poverty is everywhere. Currently, China remains as an important ally to Thailand, partly due to its influence and prominence in the region.
Every overseas community in SE Asia that has a large Chinese population starts to dominate the local education and economic system using their naturally higher IQs. Good example is Malaysia, where the local government had to stop Chinese influence from spreading.
https://en.wikipedia.org/wiki/Malays...representation
In 2012, Chinese Malaysians had the lowest poverty rates among major ethnic groups in Malaysia, with a rate of 0.3% compared with the Bumiputera rate of 2.2%.[147] For the Malaysian Chinese community, the mean income rose from 394 RM in 1970 to 4,279 RM in 2002, a figure that was an increase of 90.8% and was 80.0% above Bumiputera (2,376 RM) and 40.5% above Malaysian Indians.
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LOL vietnam isnt anything special bro. Literally most SE asian countries have similar growth rate as vietnam. If vietnam is 'raging with economic boom' so are other countries around it. One to two generations later, other countries around it will grow more cause they're already richer than vietnam. Philippines for example. They lready have higher gdp and per capita than vietnam, plus they're growing at a similar percentage.
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Vietnam is booming thanks to Trump's China trade war last year. The trade war is forcing even China's own companies to move manufacturing overseas to places like Vietnam and Thailand. GDP last quarter grew by 7% and manufacturing infrastructure is literally maxed out at full capacity. Money is literally free falling out of China. Construction is booming everywhere. Malaysia, Thailand and Vietnam are the future manufacturing powerhouses and future trillion dollar GDP economies.
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Last edited by Maguzanci; 11-17-2020 at 06:34 PM.
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that would be only in the gutter if the gutter/ghettoes of ghettoes/lowest of the lowest of all poverty. that's an abomination even to the criminal moral standards. I heard cases of the extreme poverty family selling their children out of desperation but I have never heard of parents would pay male prostitutes to take their daughters.
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