Nothing much to say before ending 2025. Suffice to say that 2024 has not been a very good year. Sadly, we can’t POFMA Lawrence Wong when he said that our incomes have increased.
“Over the past decade, median income has risen by 2.2 per cent per annum above inflation. In 2024, our economy grew by 4 per cent, exceeding expectations. With the strong economy, I expect real incomes to rise further.”
Strangely, we still need CDC vouchers and various rebates to help our people mitigate the pressures of inflation. 2025 is not going to be an easier year. War may not come to our doorstep, but the ripples will definitely be felt. Superpower wannabes don’t go quietly when they fail. They start waging wars.
Is there a silver lining to this storm cloud? Perhaps. Happy 2025, everyone.