Dave; i just told you that 30% of Singapore population is migrant workers, most of whom come from Malaysia, and are no richer than the average Mexican
I’m not asking about whether they turn away anyone, I’m saying their immigration rate is more double ours, and most of those they let in are poor… And need I remind, Muslim.
They mishandled their economy. Either by protecting it too much, or by overtaxing it:
sheep farmers, grain farmers, skilled dutch woodworkers, all saw their industries fold under the Spanish Kings in the 16th century.
Meanwhile, ‘decentralized and free-market Holland, and in particular the city of Amsterdam, replaced Flanders and Antwerp as the main commercial and financial centre in Europe.’
Flanders and Antwerp had been in Spanish hands, and were basically crippled by their mismanagement.
Spain, was no example of Free market principles in practice. Cronyism abounded.