Fears of a Black Swan in Singapore General Election 2011

[hyom]

Think it's presumptuous to think the economy will go down, the nation will fail, the national reserves will be depleted simply because the opposition gains more seats in the parliament. When fear tactics starts coming out, it makes you wonder what are they really trying to hide.

The opposition gaining more seats is not a black swan event. It is in fact a positive development for the country because Singapore is developing an alternative party to provide competition to the ruling party. Depending on a single party without any backup is poor risk management because it represents a single point of failure.

The black swan is when the PAP gets voted out of power in the coming election.

When I expressed my fears to my colleagues over lunch, they look at me as if I were an idiot. Maybe some even think I am a PAP mole spreading fear to incite the people into voting for the ruling party.