Malaysia & Singapore Preparing for High Oil Prices

Triple digit oil prices are with us for coming close to 3 months since early july compared to the shorter duration of tripe-digit price peaks floating above US$100 in 2011 & 2012. Already within this period of US$100+/barrel oil, we have:

• 3 Sept    Malaysia cuts subsidies on fuel
• 11 Sept  Malaysia set to spend US$50b to develop rail network with spiralling fuel costs
• 23 Sept  Sheng Siong's distribution centre to house largest single solar panel installation
• 25 Sept  HDB plans to go big on solar energy, calls largest solar-leasing tender

With these developments in reaction to high oil prices, the future for S'pore's hybrid regime is grim. No matter how many solar panels to harness free sunlight are installed in this tiny island, there's no stopping higher food prices in the future. Ships, trucks & planes transporting food don't run on solar panels(lacks energy density of fossil fuels).

Peasants are already getting squeezed in their paychecks with depressed salaries & displaced by cheaper foreign workers.  Their building of 10 more hawker centres won't be able to save their ass. Higher food prices = bye bye to hybrid regime via the polls.

The hybrid regime talk of Terminals 4 & 5 for the airport. I see terminal 5 as too far-fetched. High fuel prices & higher food prices = less $$ to travel = collapse in medium-to-long distance tourism worldwide.

Shale Boom in America Can't Stop Global Rising Appetite
Although America now has a boom in shale gas & oil, expect prices to be in uptrend with voracious users like India, China & other developing countries. I consider the price of oil to be more important than the S&P500 index as high oil prices have always triggered recessions.

China's String of Pearls
Oil is the lifeblood of economies. Without oil, the ships & planes won't be moving. Economies will collapse. It is so vital that China has setup backup facilities known as China's String of Pearls in case of a supply route blockade at the narrow Straits of Malacca chokepoint & S'pore.

Foreigners Working Easily In SG is Guaranteed Ticket to Poorhouse for Masses of Natives

Economist Chang Ha Joon said that practically all rich countries in the world started off being protectionist of their industries. His analogy is that of a child (industry) who needs protection & nurturing (govt subsidies, tariffs & quotas). Once that kid has matured into an adult who can compete, will then free trade is the talk of the day.

Chang Ha Joon said that if developing countries engage in free trade with the rich developed countries, their infant industries will be wiped out by the more efficient, more technologically advanced, more capitalized companies of the developed world. Can a kid compete with an adult at the workplace?

Hence economist Chang propose that developing countries engage in fair trade (govt subsidies, tarrifs, import quotas) for their infant industries that are important to the nation. Developing countries engaging in free trade with the developed world from the start will cripple much of their development efforts.

S'pore Taxis Would be Wiped Out with Free Trade
Taxi drivers in Johor, Malaysia can drive taxis just as good. Tiny S'pore is no problem for them. With cheaper cars & cheaper fuel costs, they can charge 25% lower fares in S$ & wipe out the taxi industry in Sillypore.

Hence it can be said that it is political boundaries that hinder free trade. Free trade in the taxi industry is a guaranteed ticket to the poorhouse for S'pore 's hybrid regime as its profitable govt-linked taxi companies will go bust.

No free trade in taxi industry with Malaysia.

Free trade in jobs wiping out Sillypore peasants
I'm sure there are cheaper foreign workers who can do a better job than sinkie peasants. However the hybrid regime who operates S'pore Inc safeguards its taxi companies & maximizes its profits elsewhere to the detriment of the local populace.

Local peasants are burdened with:

• family & children   -- can't slave long hours unlike single foreigner
• reservist obligations -- away from work compared to foreigner
• 30 year mortgages -- need decent pay compared to foreigners lower pay & squeezing in rental premises

Unfair competition for masses of sillyporeans with those burdens have resulting in increasing crime & desperation into being illegal hawkers just to make ends meet. Hence free trade (foreigners can work easily in SG) is a guaranteed ticket to the poorhouse for Sillyporeans.

What the peasants need is fair trade but not when the hybrid regime continues to monopolize power.


Double standards:
No free trade to protect its taxi companies profits
but free trade in jobs to destroy the livelihood of the citizens.

Unfair if taxis from johor ply freely in SG to bankrupt its taxi fleet
but fair for foreigners with no/little burdens to bankrupt citizens (family, NS, 30year mortgage payment) in the job market.


==================
Related:
- Services Heavy Economy Is Hard for Productivity Gains Compared to Manufacturing

Illegal Hawkers - Peasants are Tenacious & Entrepreneurial

In Malaysia & many other countries, if no rule = can do
In Sillypore, if no rule = cannot do

That's why sillyporeans are often disadvantaged in overseas ventures as the folks in other countries don't wait for official blessing in order to do a thing. By the time approval comes = opportunity is gone.

As the old man published a humongous 9 volume book series, it is as usual more declines & rot in this tiny island nation for each publication.

“If native Singaporeans are falling behind because the 'spurs are not stuck into the hide', that is their problem” -Old man

Myth dispelled that peasants are not hungry compared to cheaper foreigners.. Peasants are more than up to the task compared to immigrants. Look at how tenacious & entrepreneurial:

[ 2013 Jan- May ]
3300 tickets issued to 528 offenders.

Continue to operate business even after receiving 6.25 tickets on average!

Being an illegal hawker is better than resorting to crime like shoplifting or a loan shark runner.





[ 2012 ]
~9800 tickets to more than 1000 offenders.

Continue to operate business even after receiving 9.8 tickets on average!

The heck with paying killer rent to the hybrid regime.







As the number of peasants displaced from their jobs from the mass influx of cheaper foreign workers resort to being illegal hawkers to make a living, the state controlled newspaper reported that crime rate is at 29 year low.

Common sense would tell us that is utter bullshit. Crime rate cannot be low when peasants are struggling.

Crime rate cannot be low also with mass influx of foreigners.

More Peasants Avoiding Killer Rent Premises

Same thoughts echoed by another published by the state propaganda holdings. I also

1. Avoid shopping at malls as much as possible
2. Avoid eating at malls
3. Shop online (items in need)
4. Avoid infested malls as much as possible
5. Cut hair in JB, Malaysia
6. Buy badminton shoes in JB, Malaysia
7. Buy badminton racquet in JB, Malaysia
8. Restring badminton racquet in JB, Malaysia (borrow from another player in meantime)

The below malls opened less than 3 years ago & till now i have not spent a single ¢ in those killer rent premises.

• Clementi Mall
• JCube
• JEM
• Star Vista

The hybrid regime(biggest landlord) is sucking the life out of the masses by:

1. Jacking up land price & thus rental to insane levels.
2. In the process, killing off legitimate businesses & flooding in hordes of foreign cheap labour to keep surviving ones alive. That's how we have 2 casinos instead of 1. 
3. Foreign cheap labor to prevent collapse of businesses depresses salaries of peasants for those lucky not to be laid off.
4. Expect local & foreign peons to slave long hours just to pay the killer rent.

I'm glad that more peasants are waking up & boycotting those killer rent landlord leeches.

The country's economic competitiveness despite rated as 2nd most competitive in the world is shamefully held up by hordes of cheaper foreign labor & slaving long hours by the peons to prevent collapse.

Next time when in those killer rent malls, ask yourself: 'How many hours do i have to slave my ass off at work to pay for that killer rent?'

Think of the time not being with your family, friends, hobbies, leisure etc while you are slaving your ass off & you'll think 2x, 3x, 4x about spending your $$ & sending it to those landlord leeches.