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Charlie Munger on Lee Kuan Yew and Singapore\'s Success

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Charlie Munger on Lee Kuan Yew and Singapore's Success | Daily Journal 2017 

https://www.youtube.com/watch?v=y3M4uKKVuEo&t=2s&ab_channel=

133,386次觀看  2023年3月10日 

Charlie Munger's Recommended Book List: ? https://www.amazon.com/shop/yapss ? Video Transcript & YAPSS Takeaway: https://www.yapss.com/post/collection... This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017. ? Full Video:    • Charlie Munger speaks at the Daily Jo...  

 • Charlie Munger speaks at the Daily Jo...  

Who is Charlie Munger?
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

Charlie Munger on Lee Kuan Yew and Singapore's Success | Collection: Charlie Munger - #263

[Transcript]

AUDIENCE MEMBER

My question is in regards to Lee Kuan Yew. You’ve on several occasions spoken about the economic miracle that is Singapore and how it’s been transferred on by Deng Xiaoping to China. What are your thoughts about India that’s going through a similar change with the prime minister who also idolizes these people and wants to create a similar sort of situation. I’d like you’re thoughts on that. Thank you.

CHARLIE MUNGER

Well that’s a very intelligent question, and I’m not saying all the other questions weren’t. (Laughter)

I regard Lee Kuan Yew may have been the best nation builder that ever lived. He took over a malarial swamp with no assets. No natural resources. No nothing. Surrounded by a bunch of Muslims who hated him. In fact he was spat out by a Muslims country. They didn’t want a bunch of damn Chinese in their country. That’s how Singapore was formed as a country, the Muslims spat it out.

And so hay, here he is, no assets, no money, no nothing. People were dying of malaria. Lots of corruption. And he creates in a very short time, by historical standards, modern Singapore. It was a huge, huge, huge success. It’s such a success that there’s no other precedent in the history of the world that is any stronger.

Now China’s more important because there are more Chinese, but you can give Lee Kuan Yew a lot of the credit for creating modern China. Because a lot of those pragmatic communist leaders, they saw a bunch of Chinese that were rich when they were poor, and they said, ‘to hell with this!’ (Laughter)

Remember the old communist said, ‘I don’t care whether the cat is black or white, I care whether he catches mice.’ And he wanted some of the success that Singapore got and he copied the playbook. So I think the communist leadership that copied Lee Kuan Yew was right, I think Lee Kuan Yew was right.

And of course I have two busts of somebody else in my house. One is Benjamin Franklin, and the other is Lee Kuan Yew. So, that’s what I think of him.

Now you turn to India. And I would say, I’d rather work with a bunch of Chinese than I would the Indian civilization mired down, case system, over-population, assimilated the worst stupidities of the democratic system, which by the way Lee Kuan Yew avoided, it’s hard to get anything done in India. And the bribes are just awful.

So all I can say is, it’s not going to be easy for India to follow the example of Lee Kuan Yew. I think that India will move ahead. But it is so defective as they get-ahead… the Indians I know are fabulous people. They’re just as talented as the Chinese, I’m speaking about the Indian populace.

But the system and the poverty and the corruption and the crazy democratic thing where you let anybody who screams stop all progress. It mires India with problems that Lee Kuan Yew didn’t have. And I don’t think those Indian problems are always easy to fix.

Let me give you an example. The Korean steel company, POSCO, invented a new way of creating steel out of lousy iron ore and lousy coal. And there’s some province in India that has lots of lousy iron ore and lot of lousy coal. Which is there’s not much use for. And this one process would take their lousy iron ore and the coal and make a lot of steel. And they got a lot of cheap labor.

So POSCO and India were made for each other. And they made a deal with the province to get together and use the POSCO know how and the India lousy iron ore and lousy coal. And 8 or 9 or 10 years later with everybody screaming and objecting and farmers lying down in the road, or whatever’s going on, they canceled the whole thing. In China they would have just done it. Lee Kuan Yew would have done it in (Singapore).

India is grossly defective because they’ve taken the worst aspects of our culture, allowing a whole bunch of idiots to scream and stop everything. And they copied it! And so they have taken the worst aspects of democracy and they forged their own chains and put them on themselves. And so no I do not like the prospects of India compared to the prospects of – and I don’t think India’s going to do as well as Lee Kuan Yew.

 

364 條評論
@Meru732
6個月前
I am an Indian and he is bang on. 
The corruption in Indian govt offices and society and tribalism originating from abuse of democracy is startling.
He is completely right when he says it is difficult to get anything done in India.

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@ZhenYae
@ZhenYae
5個月前
Countries outside of Asia will soon discover what doing business with India is all about.
The Asians already know what it is like to do business with Indians locally.

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@janechou5724
@janechou5724
4個月前
so what changes need to be done to make it work

 

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@CC-dx6bc
@CC-dx6bc
2個月前
The food is good

 

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@navdeepmahajan2329
@navdeepmahajan2329
6個月前
Being and Indian living in Singapore, every sentence hit a home run for me ! Absolute truth!

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@manmeetarhal
@manmeetarhal
1個月前
I am Indian and he is spot on. I am just amazed he knows about Indian system in its subtleties.

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@stevek4813
@stevek4813
6個月前
As a Singaporean, I am constantly amazed that so many foreigners know so much more about Singapore and Lee Kuan Yew than I do

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@ciarankelly4338
@ciarankelly4338
8個月前
I lived and worked in Singapore some years ago and what Mr. Lee KY did was amazing - recently visited Singapore and it’s a amazing city -they just seem to do everything right! Happy memories of living there…

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@IanHughes
@IanHughes
6個月前
I have lived in both Singapore and India - loved them both. When in India I'd say to my colleagues "you need to put LKY on a 20-year contract to sort the place out". India has so much potential but it is wasted for all the reasons stated by Mr Munger - such a terrible shame. India has wonderful people but its systems of governance and bureaucracy are an impediment to development & progress.

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@DostKhanable
@DostKhanable
5個月前
100 percent correct

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@gmanlee575
@gmanlee575
2個月前
India is a superpower brou don't know your stuff

 

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@impopquiz
@impopquiz
8個月前
Even my Indian colleagues acknowledged what he said.

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@Parthoo
@Parthoo
8個月前
Hey that was me asking the question! That was my first time at the DJCO meeting. Charlie even spent 3 hours with 12 of us after the official meeting  just answering questions. That was the last time they held the meeting at the DJCO headquarters because it got so popular after that year. Such great memories. Incredible experience!

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YAPSS
·

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@tkyap2524
@tkyap2524
6個月前
This man gives credit where credit is due.

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@nathanchong7731
@nathanchong7731
1個月前
As a Singaporean, I feel very proud watching this video

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@madballistix
@madballistix
7個月前(修改過)
The gentleman sitting beside him is either astounded by the profound wisdom or shocked to hear that there are "stupidities of democracy". ‍?

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@rajesvarandoraisamy8076
@rajesvarandoraisamy8076
8個月前
Honorable Mr.Lee Kuan Yew ,founding father of Singapore,an amazing man with vision,God Bless him for all the achievements of today’s Singapore success

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@lindycupcakes
@lindycupcakes
8個月前
I’m so proud to be a Singaporean

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@kagepoker2919
@kagepoker2919
3天前
RIP Charlie. I didn't know you thought highly of LKY as well so it was a pleasant surprise. India is in many ways similar to my country Philippines and you are absolutely right. The corruption and dysfunctional culture in place get in the way of true progress for the whole nation. They persist because few people benefit from it immensely. The good ones like potential future LKYs are removed from the system mercilessly.

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@mguo8190
@mguo8190
6個月前
I admire Charlie for the depth and openness of his mind. I may add that what Deng did in China was equally if not more astonishing just because the size of China. He may copy Singapore and succeed in Shenzhen which is a comparable size but fail elsewhere in China which is almost 1000 times bigger. On the other hand, just like Charlie himself, these success stories are unfortunately too rare; and not being copied, shared, and celebrated enough throughout the world.

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@alztcr
@alztcr
6個月前(修改過)
What he said about India is largely true, while we were taught to be proud of our diversity, I believe we just have too many people to be able to appreciate such a thing, it is actually a hinderance to growth, we have too many people with totally different cultures,  beliefs and languages, with a substantial dose of poverty... Wealth distribution is so uneven, you will see people literally living on the footpaths once you step out of the gates of a state of the art airport like Mumbai.. but we have to play with the cards we are dealt with, things are changing for the better, slowly, but surely

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@davidwong7283
@davidwong7283
3個月前
I was sent to my company’s indian office in Bangalore . When a deadline came , there wouldn’t be any problems man . No stress , no worries mate . I loved it . The “ tomorrow “ culture , is jus the way a human should live . One guy replies tomorrow will be ready , the customer says ok . Tomorrow the customer asks again , the worker says tomorrow again . The customer says ok . It’s jus great they all kinda agree in tandem .

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@exploringapis4495
@exploringapis4495
8個月前
I was born in Singapore. If I was born anywhere else in SEA my fate would have been very different…

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@amitavaroy4709
@amitavaroy4709
6個月前
He is really knowledgeable. He knows the caste system, corruption, abuse of democracy is big hindrance for growth in India

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@quanquan1314
@quanquan1314
8個月前
wow so brutally honest and straight to the point. I will not have dare to say it so bluntly to any indians. but that are facts. i wish, india would progress in due time putting behind all the BS negatives that came with democracy. Power to Asia!

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@Mikakrombacher
@Mikakrombacher
8個月前
No doubt, Mr. Lee Kuan Yew was a great leader & founding father of Singapore.. People of my generation will know that the main brainchild that contributed to his success was no other than Dr. Goh Keng Swee.. The man that assisted and consulted Mr. Deng Xiao Ping  to turn China into what it is today..

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@quad6752
@quad6752
8個月前
Lee Kuan Yew is a legend and on one can comes near his shadow !, He is a great man !

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@csp103
@csp103
6個月前
100% correct.  Speaking as a south asian myself, India's shame-culture versus Singapore's judgement-culture will block further progress

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@Will.i.am55555
@Will.i.am55555
6個月前
His analysis on India is spot on….

India must rises and the whole world will benefits
Come on Indians y

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@tkyap2524
@tkyap2524
8個月前
Worth listening to what such a person is saying. We can learn a thing or two to improve our lots.

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@Syn741
@Syn741
8個月前
i feel like for a country that wants to move from a 3rd world country to a 1st world country, you need an authoritative government that is very patriotic and wants the best for his/her country and is able to make swift, decisive and good decisions that propels the country forward. After they get the country to a more prosperous position, then they can move towards a more democratic and capitalistic society

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@_Urahara_Kisuke_
@_Urahara_Kisuke_
6個月前
Mr Munger certainly didn't mince his words. Sharp and directly to the point!

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@Dibulok
@Dibulok
6個月前
What a legend.

 

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@mynameis0077
@mynameis0077
8個月前(修改過)
The success of the late Lee Kuan Yew was undebatable. When Singapore was expelled from Malaysia in 1965, it was almost undeveloped without natural resources plus with tons of social and economical issues. Malaysian government was expecting a total failure in Singapore after leaving Malaysia. 

But when the going gets tough only the tough gets going. What the late Lee Kuan Yew did was simply remarkable. He turned the table around. Making Singapore the most developed country in South East Asia outshone Malaysia in all aspects particularly in economy.

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@OhFishingMyFirstLove
@OhFishingMyFirstLove
7個月前(修改過)
Charlie Munger is very intelligent and perceptive. One of the few.

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@angeluscorpius
@angeluscorpius
8個月前
Lee Kuan Yew was asked if he were in charge of India, what would he do to turn India into an economic powerhouse. Lee declined,. He said language was one problem - no leader of India could speak to ALL 1.4billion Indians (today) directly. Lee was raised in an English-speaking household and English was his first language. However, he learned Hokkien (or Fujian), a Chinese dialect that perhaps 75% of Chinese in Singapore could understand and famously spoke in Hokkien to rally the Chinese people. Up to 1978. When he realised that Hokkien and Dialects were not going to cut it on the world stage.From then onwards, he never spoke in Hokkien (in public) anymore. Instead he switch to Mandarin (a.k.a. Putonghua to China), and initiated the Speak Mandarin Campaign and (you can say) "forced" the Chinese in Singapore to speak Mandarin. This "erased" the dialect differences, but more importantly prepared Singaporeans to deal with China and Taiwan. He explained (years later) that if we could speak Hokkien (or any other Chinese dialect), we would eventually be able to reach maybe 30 to 50 million of those dialect speakers. But speak mandarin, and you can read 1.3billion Chinese (PRC) and 24 million Taiwanese, and several other Chinese diaspora communities.
There is no such "common" Indian language. 
Lee was also very fluent in Malay, and (if I am not wrong) could also speak Tamil to a degree. But Tamil is only one Indian language (or dialect). For Singapore, we had settled on Tamil as the language of the Indian community, but there were other Indian groups. But for the national education, English was the common language of instruction (in school) and government. 
Eventually, Chinese parents abandoned the Chinese-language schools because they realised their children would be better served being fluent in English. 
And yet, in 1991, an opposition politician campaigned in the Hougang constituency, and roused the people/voters with this declaration: I am Teochew! ("Wa si teoh chew nang!"), and wrested the constituency from the PAP (Lee's political party). Dialectic affiliation and loyalty runs deep. The opposition has held onto that ward since. Over 30 years.
India needs a leader who can unite the people. Which is a difficult thing to do, because the people are not inclined to unite. What Charlie Munger said is also true - the worse part of democracy has taken hold.
But that can be overcome by a sense of common destiny. For that India needs a leader that speaks to and for all Indians. Until that leader comes forth, any Indian leader speaks for the "tribe" (language group) he emerges from, and maybe a few million other Indians if he can speak another Indian language or two. 
Alternatively, ALL Indians must be fluent or familiar with English as a common tongue, and be united at least by that common tongue,
Which is ironic... :-)

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@firefly4326
@firefly4326
8個月前
You forgot to add in Lee Kuan Yew spoke Malay and a little tamil for the rallies.

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@angeluscorpius
@angeluscorpius
8個月前
 @firefly4326  Impeccable reading and comprehension.

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@firefly4326
@firefly4326
8個月前
 @angeluscorpius  my bad. U did mentioned

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@caoshehuixian
@caoshehuixian
8個月前
dialectic affiliation?

 

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@enkii82
@enkii82
8個月前
LKY grew up speaking Malay Baba and English. Both are his first languages

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@perfumedsea
@perfumedsea
8個月前
So why can't Indian leaders to do some "force" English learning program? It's still a economic problem. You just don't have enough money or maybe the corruption system just eat up all the fundings. This IS the worst part of democracy that working.

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@ngcy21
@ngcy21
8個月前
What I have heard is that, there's now tension in Singapore within the Indian community because the new diaspora tends to speak Hindi, and is upset that the Indian language is Tamil

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@ZhenYae
@ZhenYae
8個月前(修改過)
@ngcy21    That has always been the problem, even in India. The Chinese, however, seem to have an easier time adapting to the Singaporean Chinese culture.

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@angeluscorpius
@angeluscorpius
8個月前
 @perfumedsea  For all Indians to be forced to learn/speak English, they would need to be educated/have access to education. The literacy rate is about 80%. And if you consider the gender discrepancy. women's literacy is about 70% because discrimination. It is projected that 100% literacy will only be achieved in about... 2060. I'm sure corruption features as a significant problem. Poverty is another. Gender discrimination is another. Rural levels of development. And then there is the size of India. Getting 1.4 billion Indians on board any idea by "force" will result in pushback. 
Singapore did NOT force English on the people. The govt emphasised English as the working language. The people then realised that English was advantageous. Singapore is small and open and the global nature of English was evident. In India, the advantage of English is not as evident. In Singapore, Chinese-language schools died out as enrolment fell year on year, as parent realised that educating their children in English was more advantageous for them.
I would imagine that yes, English as the universal language for India is probably the plan or objective. Getting there will probably take some time.

 

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@angeluscorpius
@angeluscorpius
8個月前
 @ngcy21  The Indian community (in Singapore) has always been less than homogeneous. Even before new Indian Singaporeans arrived, the Indians in Singapore were not one community. There are low SES Indians working low level/ menial jobs and then there are high SES Indians working in PMET jobs. I cannot speak to the "tension" you mentioned, but any attempts to upend the status quo will get pushback (from the Tamils) and crackdown (from the authorities). If "Hindi activists/Hindi chauvinists" are a significant or persistent problem, their entry to Singapore can be reduced or even stopped. Immigrants don't usually carry their sense of entitlement over to their new home.They can fight for nativist policies in their homeland, but overseas, they are a minority.

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@klaede9666
@klaede9666
1個月前
To be fair, not even Lee Kwan Yew could have fixed India with how deeply rooted its problems are.

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@GKP999
@GKP999
8個月前
I was born in Singapore.  Now I live in San Francisco.  What a huge difference!

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@robertorenderos3476
@robertorenderos3476
7個月前
I spent several years traveling to Singapore and I like what I experienced. El Salvador has a president (Bukele) that is making radical changes and making the country better.

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@bearpolo3618
@bearpolo3618
6個月前
What a brilliant yet brutally honest assessment of India!

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@Abhishekkumar-up8zw
@Abhishekkumar-up8zw
7個月前
Oh my god ! He is spitting exact truth. 
The recent example is abolishment of farmers law and CAA law and Uniform Civil code. 
Every time some crazy thugs come and start screaming and don't let reforms to happen. 
We are no where closer to China no where closer to singapore.

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@mongtkb
@mongtkb
8個月前
one Indian once asked Lee Kuan Yew what if he were to run India today (when asked at the time) what would he do, and I think Lee Kuan Yew gave a similar answer to Munger

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@ralphlauren3621
@ralphlauren3621
8個月前
I just gained a point or so in wisdom after watching this.

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@dvlarry
@dvlarry
8個月前
Such true words...

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@wangjim5839
@wangjim5839
8個月前
Indeed, the worst aspect of democracy killed progress in many countries. China and India, both a big but poor country  started on the same footing about 70 years ago and see the big  differences now between their GDP, their infrastructure development and eradication of poverty.

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@johnsmith-cw3wo
@johnsmith-cw3wo
7個月前
but India have american style FREEDOM and DEMOCRACY ! text-green-game-overface-turquoise-covering-eyes

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@bsjddjk
@bsjddjk
5個月前
? @johnsmith-cw3wo  not really    in usa voter choose between 2 parties & winning party will rule whole country at once      while in india there is no restriction in parties participating & different states can be ruled by different political parties at once while most winning party will become central govt but state govt can still be different

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@bl5608
@bl5608
5個月前
?@johnsmith-cw3wo who cares about voting and free speech when people are poor. I would rather have nice house and money first . Talk about democracy after.

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@fanaticcoder3320
@fanaticcoder3320
2個月前
 @bl5608  India have sedition law; so if politician doesn't like your speech, you lost your freedom.

 

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@cheontham3265
@cheontham3265
8個月前(修改過)
Personally I feel that the 2 biggest problems are corruption and overpopulation .
For corruption, clean strong leaders are needed , for overpopulation , everyone has to do their part , produce only that you really can afford , just a personal view

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@willyhuang4026
@willyhuang4026
5個月前(修改過)
When late LKY was expelled from Malaysia, those Malaysia Malay politicians thought that he will not make it and be forgotten. Today hundred thousand of Malaysian working in SG and many of Malaysian Chinese converted to Singapore citizenship !

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@nistalasuresh5837
@nistalasuresh5837
8個月前
As a person of India, I agree that things would stop in India if a bunch of people scream against it... 

Latest example being the "farm bills"

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@MrKevinliow88
@MrKevinliow88
7個月前
For a country to prosper, firstly you have get rid of corruption, just like what Mr Lee Kuan Yu did.

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@antfactor
@antfactor
1個月前(修改過)
Fascinating history/analysis.

 

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@bsjddjk
@bsjddjk
5個月前(修改過)
that's y i like charlie munger    he don't gives a shit about what ppl will say    he just hit the nail!      & also the fact is usa & india democracy is completely different    as in india ppl can choose different govt in different states & winning political parties will rule their states doesn't matter if 1 party won in most states (winning in most state means u're central govt)  but in usa u have 2 party system (just vote any 1 of them & 1party will rule entire country at once )

 

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@ahhhhhhhhhhhhhhhhhh123
@ahhhhhhhhhhhhhhhhhh123
3個月前
I think this was from 2017 so it's dated. Munger is generally correct about India pre 2017 but look at how Apple, Samsung, and soon Tesla are manufacturing in India now in 2023. At least in a few states that aren't run by corrupt socialists, it's now possible to do business in India. PM Modi has greatly improved the ease of doing business though there are still backwards states like West Bengal, Bihar, and Kerala that are run by liberals/communists and would be difficult to get anything done today.

 

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@clancywong
@clancywong
2個月前
The truth always hurts.

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@ajinkyainamdar8003
@ajinkyainamdar8003
6個月前
Unbelievable Wisdom!

 

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@tatonga03
@tatonga03
8個月前
Not to take anything from LKY but you really can't really compare the development challenges of a small city-state of 6M vs a massive country of 1.4B people. On two entirely different scales of difficulty and challenge.

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@san3570
@san3570
3個月前
Maybe one way to make the India government to do a right thing is compare them to China, which most of the time they themselves try to compare and assuming of over take. Just hope that they will not be over creative and do the alternative route, like he is referring to “took the worst of democratic idea”.

 

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@diseasefire
@diseasefire
8個月前
Interesting! So that seems to be Posco`s competitive advantage, they know some special way of building steel. Charlie had Posco in his portfolio for quite some time

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@jcharmensunsun814
@jcharmensunsun814
8個月前
I ? this guy he got shape mind     With great business mindset he is absolute inspiration an idols for global business community .

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@samyang5873
@samyang5873
8個月前
Caste system in India is truly a shame & stumbling block to India's progress. Am i not right ? From SEAsia

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@lohkokseng978
@lohkokseng978
7個月前
Even a strong man like LKY had his weak moments. The separation in 1965 and the announcement by the British military to pull out of Singapore in 1966 left LKY admitting that he was very worried for Singapore survival. This man love his country. He got to work with his cabinet and rest is history.

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@pringlessourcream9527
@pringlessourcream9527
7個月前
I always thought, India lacked a Qin Shi Huang,  then he would unify all Indian languages,  India would not be so fragmented in written and spoken languages and also rid the caste for a meritocratic system, India would be a very rich country now.

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@leehueymin4735
@leehueymin4735
7個月前
I think he want to say India need a revolution. Can't expect to change with this system.

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@98wongjf
@98wongjf
7個月前
The fact that LKY is not talked about more in the rest of the world is beyond me.

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@SPZ909
@SPZ909
4天前
Rip legend

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@bowlampar
@bowlampar
8個月前
Somehow Mr. LKY had demonstrated to world leaders building a successful, modern new nation does not solely dependent on abundant of natural resources alone.... other factors are equally important too. The human side of the equation plays a very vital role in building one such nation in the world. hand-purple-blue-peace

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@hayashi1999
@hayashi1999
7個月前
Truly spoken by someone who is NOT afraid of repercussion from the cancel culture.

 

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@bernaridho
@bernaridho
5個月前
On point

 

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@mayanksinghfartiyal5290
@mayanksinghfartiyal5290
1個月前
In India you don't succeed because of govt and the system, you succeed despite of it or leave to some other country

 

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@rakeshbal8660
@rakeshbal8660
4個月前
Does anyone seriously think Lee Kuan Yew could have survived one week as Prime Minister of India, a democratic country with a population of 1.4 billion, secular with a large population of Muslims, China and Pakusran as perennial enemies, centuries of colonial induced poverty, several hot wars over seven decades, and a hefty chunk cut out of it to form Pakistan? Lee Kuan Yew was a great leader of a one city state....does anyone believe he could have governed India the same way, for even one day?!

 

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@AlbertLimKualaLumpur
@AlbertLimKualaLumpur
8個月前
Many forgotten that Lee Kuan Yew has been dead for 7 years.

Addressing LKY as he "WAS", no more he is

 

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@well_said7846
@well_said7846
6個月前
The mad dance of democracy in India is important for national integration, keeping the nation together. Stop the infighting by providing a platform where all the crazies can have a screaming match instead of a bloodbath. 

Caste is a legacy issue it will take very long to tear down. Such systems don't change quickly. 

I'd rather have a united well integrated and safe India than a very rich one. 

Some people in the current dispensation see it the exact opposite way though.

 

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@leealex24
@leealex24
8個月前
It's not religion, it's racial. It's two different things. Furthermore, just to correct him, countries like Malaysia is not a muslim country in the the federal constitution it's just that it's majority Malay that's all. In fact, when it gained independence, it has 35% chinese and 10% indians. Now, probably both combined around 40%.

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@smartmusk2910
@smartmusk2910
6個月前
The truth really hurts

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@stinger4712
@stinger4712
1個月前
That's must have been a very hard pill to swallow for all the Indians in the audience. But LKY also said it when he was alive.
Unfortunately all other emerging democracies have copied the worst of the democratic system, forged chains from them and gagged themselves in those chains. Nigeria included.

 

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@manofchicken
@manofchicken
6個月前
So true

 

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@DonoZeek
@DonoZeek
8個月前
I wish we could learn the dark history behind Lee Kuan Yew and Singapore.

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@siddjoshi2053
@siddjoshi2053
5個月前
Well as a billionaire investor, he really know what goes on in India

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@Mrn0body_
@Mrn0body_
6個月前
Singapore :  
Malaysia : ?

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@lisa.e5776
@lisa.e5776
6個月前
He is right by saying that no political system is perfect . Democracy has its good and bad , so is Socialism and others system .

Those who claimed that theirs system was the best is indeed an idiot themselves .

 

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@shilpa3032
@shilpa3032
3個月前
I agree as indian the democratic system is worst

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@helloeveryone0123
@helloeveryone0123
5個月前
it is important to differentiate that there will always be haters, but improvement is improvement, results is results. you cant not give LKY the respect that he deserves.

 

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@djentolady
@djentolady
6個月前
Saying the exact sentiment I feel as an Indian( and undoubtedly Asian)  about the west.

 

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@GAL999
@GAL999
8個月前
Damn truth hurts

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@reap11
@reap11
5個月前
The challenge is different based on size and population. If Sg was the same size it may have been a bit more problematic.

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@ericteo6480
@ericteo6480
8個月前
his view is bull eye

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@raywong2112
@raywong2112
5個月前
Well said, words of wisdom n very insightful

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@gapper3
@gapper3
6個月前
I love rich old people who don't give a shit anymore. He just tells it like it is. No bullshit, no euphemisms.

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@zhli4238
@zhli4238
8個月前
Indian culture is a lot backward.  Take caste system that he mentioned in this video as an example, many Indians were born into low social class by the caste system, that's adverse for industrialization.

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@rajv3876
@rajv3876
5個月前
Every sentence about india is absolutely true. It's a cultural issue.

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@khaledsrrr
@khaledsrrr
8個月前
He is talking about the thinking of the Indian nation

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@SupremeSanda
@SupremeSanda
5個月前(修改過)
Bold Speech like this on Muslim, Indian and Chinese (as truthful as they come) haven't caught the attention of woke mobs and get Munger cancelled is an miracle, hope we have more speaker like this, America needs brave leaders who can speak up, not Wimpy cowards

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@Hs5687
@Hs5687
5個月前
Lee Kuan Yue, My Favourite Dictator. Penchant for Land Grab, Destroying Influential Ppl, Families and sometimes Entire Communities . Occasionally likes to Play God . Coincidently, almost all his Trusted Generals hv either Distanced or Declined High Office Appointments . Not 1 of his Trusted Generals came to rescue PM in Lee Family Saga . Rest In Peace Buddy, KARMA rdy at Work

 

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@jabezalantan6357
@jabezalantan6357
8個月前
It's the absence of a strong ruling party

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@williamchow7533
@williamchow7533
6個月前
China will never follow the Singapore model.  China is a vast country and Singapore is a city state.  Singapore holds elections (admittedly imperfect ones) whereas China does not. Singapore is relatively free of corruption whereas corruption is a way of life in China. Each country has to find its own way, including India.

 

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@hifiduck
@hifiduck
6個月前
Corruption in USA is a huge problem.

 

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@michae1601
@michae1601
8個月前
Charlie does like autocratic leaders.  Lee was a good leader no question about it,   But I would like him to talk about the success of Taiwan and South Korea who walk out of autocratic structure into democratic structure.   Which is a better example than Singapore because it is still autocratic

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@davegball
@davegball
7個月前
The idea that Singapore was a marial swamp when LKY took over leadership is just not true it was a thriving port with beautiful architecture. Charlie needs to read his history.

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@lisakong8651
@lisakong8651
6個月前
that's wisdom for you

 

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@quad6752
@quad6752
8個月前
We have lots of them here I have work with , Yes they are corrupted and the company I worked with has a fleet of Ro Ro Vessels cancelled by the owner !

 

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@jjvon6578
@jjvon6578
7個月前
Very direct answers

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@clementmanuel1987
@clementmanuel1987
16小時前(修改過)
This interview is from a long time ago.even five years is a long time.

 

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@TTC1996
@TTC1996
2個月前
Iq definately matters their can few exceptions who get top ceo post not for innovation buy for licking, donkey like hard work, and being subservent

 

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@flagellumdei2118
@flagellumdei2118
6個月前
Rahul Gandhi needs to watch this

 

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@aryanwarrior6233
@aryanwarrior6233
6個月前
Thnx modi fr changing a lot fr d better

 

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@tanqinxiang
@tanqinxiang
8個月前
@4:16 did I hear him say LKY would done it in Malaysia lol

 

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@Whitehouse7814
@Whitehouse7814
2個月前(修改過)
India needs to be better than a cobra in order to succeed

 

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@Broskisnowski
@Broskisnowski
8個月前
Damn how many times are they gonna repost this

 

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@paulchristophertwohill5640
@paulchristophertwohill5640
4個月前
LKY FTW!

 

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@oaasal
@oaasal
6個月前
Wow! That hurts. Must be sad for the indians

 

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@ma_zu_888
@ma_zu_888
8個月前
??

 

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@AngChaychoon
@AngChaychoon
4個月前
Yet another '''a day happy '.

 

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@spectrallim4802
@spectrallim4802
7個月前
LOL

 

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@keithtulip4140
@keithtulip4140
7個月前
What about Mara Lago

 

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@ZhenYae
@ZhenYae
8個月前
In a nutshell: It is racial and the absence of religion ie ISLAM.

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@spenserkao
@spenserkao
7個月前
What price is it at?

 

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@ankurgupta3316
@ankurgupta3316
3個月前
It’s silly to compare india with tiny red dot , Singapore . India has many wicked problems, but democracy is not one of them . India will do just fine . It doesn’t need to be Singapore .

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@sdaiwepm
@sdaiwepm
5個月前
Blunt. Harsh. Probably true ... very sad.

 

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@jjvon6578
@jjvon6578
6個月前
Oh it really hurts the Indians

 

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@Thedecorativerugs
@Thedecorativerugs
5個月前
Very wise opinion!

 

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@liechinmannorman5140
@liechinmannorman5140
8個月前
Ouch!

 

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@williamwidjaja850
@williamwidjaja850
7個月前
Nice charlie with explicit idiot chain. Thats funny

 

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@michaellee3314
@michaellee3314
7個月前
Singapore is too small for LKY to rule. I can only say, what a waste!

 

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@binlongong1298
@binlongong1298
7個月前
Wow, burned

 

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@vinaysingh6229
@vinaysingh6229
2個月前
posco ,, same like vedanta in tnadu

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@ariaantoroatang7720
@ariaantoroatang7720
7個月前
Many years ago, I was marketing a property next to Lee Kuan Yew's home. In one of the room if you put out your head, you can actually see part if his house and this smiling Gurka standing on a tower wave asking me not to look. The one day as Mr. Lee was leaving the house, I ask the sentry, a Gurkha can I stand next to him and watch, He said can and he said Mr. Lee has informed  them that they should not inconvenient any citizen that walks by. Later Mr. Lee car came out. It is not a Mercedes. I cannot remember what model is that. He stopped while I was standing next to the Gurkha... he wind down the windows, look at me znd smiled while waving his hand. I had a very very close look at him and he is so old. HE GAVE HIS LIFE TO SINGAPORE. THANK YOU.

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@Mrn0body_
@Mrn0body_
6個月前
Now we know how the muslim are ..

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@AngChaychoon
@AngChaychoon
4個月前
A Thank you a happy day.'

 

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@madboyShawn
@madboyShawn
5個月前
Harsh but true comments about India.  Many Indian origin business owners around the world would love to move back and invest but we all know how that would turn out

It has all the potential in the world with the young demographics and English speaking population. Fix the corrupted systems and India will prosper

 

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@toto4d123
@toto4d123
8個月前
Indians = Apu Neh Neh & Keling. Indeed

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@simonsimon2888
@simonsimon2888
8個月前
He must have been eating too many those delicious Peking ducks charcoal fire roast...

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@marklee8512
@marklee8512
8個月前
Why we didn't see any Indian giving any comments here. Feel ashamed?

 
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