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A comment on America vs. Singapore: You Can't Save Your Way Out of Economic Shocks. Parent comment

Re:America vs. Singapore: You Can't Save Your Way Out of Eco... by oblio on Friday February 20, 2026 @06:55AM (#47086889)
> You must drive a new vehicle under 5 years old, and the license just to buy a car was $90,000 or so.

I don't understand this. At all. Are people forced to buy cars every 5 years?

[ Parent | on HN ]
Re:America vs. Singapore: You Can't Save Your Way Out of Eco... by dbetteridge on Friday February 20, 2026 @08:12AM (#47087595)
No, the majority of people use something a lot of Americans struggle with "Public transport".

The MRT and bus system in Singapore is great for getting around to the point that you don't need a car, but if you Want one it must be new and you have to pay for a license as road space and parking space are physically limited.

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Re:America vs. Singapore: You Can't Save Your Way Out of Eco... by oblio on Friday February 20, 2026 @08:55AM (#47088078)
Ah, then that comment is just silly.

Singapore is a small and dense island, poor people fare better without cars there. Cars are very expensive, even old, beat up cars. They're either expensive for the owner or for society or both.

[ Parent | on HN ]