Tuesday, May 13, 2014

Creepy Construction Mania - Choa Chu Kang

After my primary school field being carved off for construction site to build condo, the mania is even worse elsewhere.

There are construction sites aplenty on this tiny island. Even during the golden age's peak during the early 90s, i have not seen so many construction cranes dotting the landscape.

It is as though the hybrid regime is selling whatever it can in preparation for losing power.

  • All our state power stations - all sold already.
  • Overpriced land - sell, sell, sell.
  • Overpriced housing - sell, sell, sell.

Flood in 7M population so as to have a pool of 'captive consumers' to unload those overpriced state assets artificially inflated by the hybrid regime.

Why The Recent Urgency to Sell, Sell, Sell?
Latest news today report that glaciers in western Antarctica are melting at an “unstoppable” rate that could cause worldwide sea levels to rise far quicker than previously thought.

I have blogged in 2012 that the present economic system has limits & is unsustainable. There's a good summary in the video i embedded in blogpost: Super Hurricane Sandy & End of Current Economic Growth Model.

Density of construction cranes is mind-boggling. Look at how many cranes as i cycle along Brickland road.

2 pictures 'stitched' together for a wider view. Number of cranes is more than the fingers one has.

More cranes further up along Brickland road. This time - can see a few pigeon hole block of flats nearing completion. Even using toes to count also not enough...

All these construction mania as i ride along the 1.5km stretch of Brickland road before turning right to enter Choa Chu Kang. This is the area sandwiched between Brickland Road & Choa Chu Kang Avenue 1.

Why I Feel Creepy - Consider Bill Gates Selling Off his Massive Holdings of Massivesoft
All publicly listed companies have to abide by a listed regulation that major shareholders have to declare if they are selling big holdings of their shares.

Let's consider Bill Gates during his days as CEO of Massivesoft. If he sell off a lot of his shares, it tells small investors & the market that a key management person has no confidence in his own company. It could be seen as a way of cashing out - a warning signal.

Amid the mess & infrastructure strains created by the hybrid regime in S'pore, a reboot of the system is required. A new management team (not from incumbent political party) is needed without the bad habits & mindset.

As for sea level rise, depleting vast amounts of retirement $$$ on grossly inflated housing in this low lying island nation is not a wise choice.

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