Singapore Is The Ultimate Beacon Of Economic Freedom

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Simon Black

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Simon Black is an international investor, entrepreneur, permanent traveler, and self-described free man

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May 10, 2013
Singapore

Each time I’m in Singapore, I’m continually impressed at the country’s extraordinary growth.

Friends of mine tell me about their experiences growing up here in the 1940s and 1950s. The downtown area that is now covered with soaring towers of steel and glass were once repugnant cesspools devoid of running water or proper sewage.

Every day, locals would take buckets of human waste from their shacks and dump them into the nearby bay.

Nobody probably imagined that, within a few decades, Singapore would be the premier financial destination in the world… as well as one of the wealthiest.