Tag Archives: Brexit

This is probably exactly what would happen when the opposition takes over PAP. Lee Hsien Loong resigns, lots of uncertainty, you have all these possible leaders that will take over that look strange and weird, the economy crashes, tens of thousands of people lose their jobs and will be unemployed for months or even years. But afterwards what happens? Decades of innovation and economic prosperity that we haven’t even imagined, and with the technology we have now, it’s going to be far greater than ever before. History has shown that, and I challenge anyone to find a moment in history that defies it

The people drawing parallels between Britain leaving Europe and Singapore leaving Malaysia in 1965 - with the implication that Britain could succeed post-Brexit in the same way Singapore succeeded post-Separation (if only Britain finds a leader like LKY) - are completely wrong. It's a view that's NOT even somewhat accurate or half-right but provides useful historical parallels and lessons. It's just completely inaccurate.

I commented that economics do not matter in the Brexit vote given the anti-EU and anti-immigration mood. There were sound reasons to vote Leave but the balance of the argument inclusive of economics should be Remain. So now after the vote, economic truly matters. Here is what Leave has voted for themselves in simple terms,

In an interview with German newspaper Die Zeit in 2012, Lee Kuan Yew was asked his opinions of the European Union. The Die Zeit reporter asked: Is the European Union that we have today not a great achievement and an inspiration for other regions in the world, despite all its flaws? In response, Lee Kuan Yew made this bold claim, he predicted that the European Union would probably fail. This is his reply in full.