GDP growth(2012): 1.3%
Productivity growth: -2.6%
State controlled media reported that declines in productivity due to slower economic growth over the past 2 years. However there is massive flooding in of cheap labor to shit & buy toilet paper to grow(more consumer spending) GDP at all costs like cancer.
Mountain of shit = 1.3% gdp
Mountain of shit = -2.6% productivity
This euro country doesn't import massive cheap workers to buy toilet paper, use cellphone (singtel), public transport (sbs,smrt), groceries (ntuc) for its govt-linked companies:
2:20min. Look at their high productivity.
They dare not report that sinkies are killing themselves slowly through long long work hours. Further flooding the tiny island to 6.9M is gonna bring more misery. Sinkies competing on long hours to avoid get their asses fired so as not to be replaced by cheaper foreign workers(little to no family/friends) are committing suicide on multiple fronts: Health, family life, social life.
"Achievements" of long work hours (previous blogposts):
- 98% of S'pore Workers Are 'Bochup' aka Disengaged in 2010
- 'Zombie' Workers - Plenty of Them In S'pore
- S'pore 2nd Lowest Globally for Job Satisfaction
Look at Germany (manufacturing powerhouse) with least no. of hours worked. Got time for leisure, hobby, family, friends, exploration etc which makes for happier people. Is no coincidence that sorely lacking these & long work hours that sinkies are #1 unhappiest people in the world.