Yesterday was a packed day : I showed around a friend who came for the first time to Singapore. In the morning we went for a small hike in the MacRitchie reservoir, watching animals and birds, and just enjoying the sounds of the forest and greenery.
After a while, the discussion came (as often) to the point, how Singapore can function so well. In particular, having low income taxes, my friend asked, where does the money come from? I thought to myself "good question"; actually I realized I (...)
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