Tag Archives: economy

Singapore’s Economy Already In Recession, Covid19 Just A Convenient Excuse

Singapore's economic depression over the past decade is a symptom not the disease. More importantly, Singaporeans must be wide eye to know that the recession in 2020 is not caused by the COVID-19 disease. The COVID-19 disease merely hastened the coming of a recession in Singapore. If and when the COVID-19 disease become pandemic and caused a global recession, Singapore's recession in 2020 will become more severe.

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