-Three. Take away two and you get... Are you the fastest or the worst? -The fastest. Read this. Off you go. Two plus five minus two minus two is three.
I'm on my way to a board meeting at the INSEAD business school. It was founded in France, but for the past six years... ...there's been a very successful campus in Asia. Until July, I was the chairman. So I'm not just here for the meeting but also to say goodbye. People here regard education as an investment. They have no problems borrowing up to 4 times the salary they hope to earn... ...to give themselves a good education. People here realise that to get on in life... ...and to climb the social ladder, depends largely on education. Singapore can thank its success to its focus on education https://www.casinoslots.co.nz/free-online-pokies. At the invitation of Prime Minister Lee... ...Vice-premier Deng Xiao-Ping arrived in Singapore on 12 November 1978... ...for a social visit. Deng Xiao-Ping also visited a new housing project. High-rise flats comprising 22 storeys. This is Singapore's solution to the housing problem. Two thirds of all buildings have between ten and twenty storeys. Deng Xiao-Ping and Prime Minister Lee talked... ...in the study of the President of Singapore... ...together with the president and his wife. The theological debates that occasionally take place on: Is this democratic or not? Is this freedom of speech or not?... ...are regarded far more pragmatically here. And the net result for the people has been excellent. For more than 20 years, we had a representative here... ...and he told me that he and his sister took turns... ...to sit under just one light bulb to do their homework. And he said: Look around you to see what we've achieved. We've probably paid a price for what you call freedom... ...which you have in Europe, or the opportunities for mental development... ...but we gladly pay it. Can Singapore's model be exported to Europe? I don't like thinking in models. But we could definitely use one aspect of society here. And that's speed of adjustment. The economic crisis will affect us all. It will have less of an impact here due to less problems with banks... ...and because it's less affected by the situation in America and Europe. But it will come here too. But the people here are quicker to realize... ...that they'll have to make adjustments. Whether that means a salary reduction... ...or finding another job, people accept it, and act. The problem in the West is that we're used to, and we're spoilt... ...regarding a certain status quo. So we find it hard to say: Well, the situation has changed, so we'll have to adapt too.
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