Littlespeck.com
13 Jul 2008
Under a dark economic sky almost everywhere in the world, the Minister Mentor, Mr. Lee Kuan Yew thinks the next five to 10 years will be the most promising in Singapore’s history.
“We are moving to a new plateau, a new platform. You can see it visibly before your eyes,” he said at the annual dinner of the Economic Society of Singapore last week.
“If there are no big recessions worldwide, easily 4 to 6 per cent, maybe 7 to 8 per cent (a year). We should be all right,” he added.
At a time when virtually all statistics show deterioration, Mr. Lee’s extraordinary optimism has taken most people by surprise. He offered no details for his exuberance beyond saying, “The point is that we have got enormous options.”
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