Singapore’s economy and government are in a pinch?

“Despite the glitzy images found in tourist guides, more than 80% of locals live in government housing, with many families surviving on less than $700 per month.”

“But the city-state’s bureaucrats have a habit of trying to pick winners, which sometimes works and sometimes doesn’t.”

The above are quotes from BBC and Wall Street Journal’s recent articles after the Budget speech. It is not surprising to hear the following quotes everywhere: “worst recession since independence”, “first time tap into reserves”, “biggest retrenchment”.

I am also affected in some way, try to save more money by renting and buying second hand games now