QUOTE(gashout @ Mar 6 2024, 08:18 AM)
Actually, the answer isn't as simple as a "yes" or "no".Yes, in the sense that fledging industries were easier to establish earlier and "first mover advantage" can be consolidated.
No, in the sense that there are now more millionaires and multi-millionaires in Singapore, Malaysia, Australia etc than ever before
Yes, in the sense that inflation & housing are now a lot more unaffordable than in the past
No, in the sense that there's a lot of new wealth creation from industries that didn't exist in the past
So, I think ultimately, it's a case of being in the right place & with the right skillset for the right time frame that matters more.
That's my humble 2 cents worth.
Mar 6 2024, 11:25 AM

Quote
0.0251sec
0.80
5 queries
GZIP Disabled