Thursday, June 13, 2013

Rogers on Singapore inflation and immigration

If Singapore cannot get enough labor, it will have to raise wages. Inflation will rise and Singapore might price itself out of the market over the next few years.

On the future of Singapore if it tightens immigration
Singapore could be an old age home in 10 to 20 years. Every country in history that has a backlash against foreigners, is going to go into decline. 

Jim Rogers

Warren Buffett

Nouriel Roubini