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Singapore sounds like a modern day utopia. Trust me, for a large portion of its citizens this isn’t the case.
It does some things very well. But locals say that they can’t afford to fall ill. Lifetime debts for cancer treatment is just the tip of the iceberg. Being made to choose between a debt for life or near certain death is not a choice people should have to make.
"Singapore operates a free trade policy and FDI has
always been strong."
Singapore also has a strong government social housing program, mandatory saving programs and other not very "liberal" measures which keep people out of the deprivation we see in the UK. [which people are ok with btw, they are also more authoritarian on drugs/littering]
Whereas tax havens of the UK can be awful to live in. If the UK wants to go with that model, it probably ends up Moggys "we are lower class waste" deregulation of everything rather than Singapores model.