From the website, Adam Khoo’s Philosophies And Investing Insights:
I have a prediction. My prediction is that in a couple of years, the expatriates (from China, India, US etc…) will rule Singapore. They will increasing take on more leadership roles of CEOs, directors, heads of organizations, award winners etc… If you observe closely, it is already happening now. This year’s top PSLE (Primary School Leaving Exam) student is a China National. Most of the deans list students and first class honours students in the local universities are foreigners and more and more CEOs, even that of government link corporations are expats. The top players in our National teams are expats.
As a Singaporean, I am not complaining. I think that in a meritocratic society like Singapore, it is only fair that the very best get rewarded, no matter their race, religion or nationality. Like Lee Kwan Yew said, I rather these talented and driven people be on our team contributing to our nation than against us from their home country. The question I have been asking is, ‘why are the expats beating the crap out of Singaporeans?’ What I noticed is that these expats have a very important quality that many Singaporeans (especially the new Y generation lack). It is a quality that our grandfathers and great-grandfathers (who came from distant lands) had that turned Singapore from a fishing village to the third richest country in the world (according to GDP per capita). Unfortunately, I fear this quality is soon disappearing from the new generation of Singaporeans. This quality is the HUNGER FOR SUCCESS and the FIGHTING SPIRIT!!!