Thursday, March 6, 2025

Cholesterol Myth and Heart Health

 During political poll, predicting how someone's going to vote and it's not really a big deal. Make a mistake about whether someone is at risk for heart disease and, well, it's a very big deal--especially if that someone is you or a  member of your family.

That is exactly why we want to see the "HDL-LDL" test retired forever, replaced by the far more sophisticated and accurate measures of cardiovascular risk that we now have available. These measures include ApoB, total particle number, and insulin resistance all of which we will go over during the course of this book.

If you are one of the millions of people who got a clean bill of health because of low LDL, very high, you are at great risk and are going untreated. (This was exactly the case with Jonny.) Similarly, if you're one of the millions of people on a statin because of high LDL but your total particle number is actually very low, you're probably on a medication you don't need and putting up with side effects that you don't have to endure.

Study after study shows us that relying on LDL alone misses an awful lot of heart disease. That's a lot of people dying because they were diagnosed using an obsolete test. Our hope is that this book will change that. It's our mission to see the "good and bad cholesterol" test replaced by measures that do a far better job of accurately predicting cardiovascular disease than "LDL cholesterol."

A GUIDE TO USING THIS POST

In this first part of the post, you'll learn exactly what cholesterol is and what it isn't, and how it really works in the body (Be prepared to be surprised.) In clear understandable terms you'll learn how atherosclerosis actually develops, and you'll understand the critical role of chronic inflammation and oxidative damage.

Then in part two, we'll introduce the real villain of the heart disease story: sugar. You'll see why sugar got a free pass all these past few decades while fat was blamed for our health woes, and you'll come to see what a huge mistake that was. (And it's still going on.)

You'll see the clear lines from sugar and starch intake to diabetes, and the frighteningly short line from diabetes to heart disease. You'll also come to understand the very insignificant role dietary fat plays in all of this. Finally, you'll learn a lot about the real effects of statin drugs and how clever and insidious marketing has made them into the blockbuster drugs they are today.

In part three, we'll tell you the way to combat the real promoters of heart disease - inflammation and insulin resistance. We'll talk about the things you can do to build and maintain a healthy heart for decades and decades: food, supplements, activity, relationships, community. We kiddingly referred to this last section of the book as our "Eat-Play-Love" section, but only half in jest.

Both of us- with more than eighty years of combined experience in the health field- have firmly and independently concluded that it's not just what you eat and how you exercise that determines your health, though those things certainly matter. But it's also how you love, how you think, how you feel, how you digest, how you manage stress, how you contribute, how you sleep, how you kick back and relax, how you meditate, how you contemplate, and how you play. They are all related. They all matter. And every one of them has an impact on the health of your heart. A lot more than your cholesterol level does.


Enjoy the journey of discovery that awaits you.


"WHAT DOES MY CHOLESTEROL TEST MEAN?"


Dr. Jonny: A friend of mine recently brought me his cholesterol test. He showed me four measurements: total cholesterol, HDL, LDL, and triglycerides. He asked me, based on these numbers, to tell him whether or not I thought he was at a risk for an "event."

I explained that, based on these numbers, there was no way to tell.

Let me explain.

Let's say you' re playing poker against someone who has two deuces showing. What can you positively say about that hand? Not much really. You can say for sure that he doesn't have a royal flush or a straight. But without knowing the other three cards, there's no way you can predict whether he has a winning (or losing) hand. You have to decide to bet (or not bet) based on incomplete evidence, which is why poker is ultimately a game of "chance."

But you don't want guessing about heart disease to be a game of chance. And you don't want it to be based on incomplete evidence. HDL and LDL are like the visible two cards in a poker hand. Your doctor is "betting" on whether or not you're going to get heart disease based on this woefully incomplete information,

This is a tragedy for two reasons. One, because whether or not you're at risk for a heart attack is way more consequential than whether or not you have a winning poker hand. And two, because your doctor now has an easily accessible way to check the other three cards so she doesn't have to guess!

PART ONE 

In part one, we tell you how we came together to write the original edition of The Great Cholesterol Myth. We'll take you on our own personal journeys of discovery when our suspicions were (independently) raised about whether we had been told the whole story about fat and cholesterol. You'll see how we went from being true believers in the low-fat diet and in the cholesterol hypothesis, to disrupters and challengers of conventional thinking about heart disease, cholesterol, and statin drugs.

 CHAPTER 2 


WHY YOU SHOULD

BE SKEPTICAL OF LDL

AS AN INDICATOR OF

HEART DISEASE


THE TWO OF US CAME TOGETHER TO WRITE THIS BOOK because we believe that you have been completely misled, misinformed, and in some cases, directly lied to about cholesterol.

We believe that misinformation,  scientifically questionable studies, and corporate greed have created one of the most indestructible and damaging myths in medical history: that cholesterol causes heart disease and that statins are the answer.

The millions of marketing dollars spent on perpetuating this myth have successfully kep us focused on a relatively minor character in the heart disease story- and created a market for cholesterol-lowering drugs worth more than US$30 billion a year. The real tragedy is that by putting all of our attention on cholesterol, we've virtually ignored the real causes of heart disease: inflammation, oxidation, sugar, and stress.

In fact, as you'll learn in this book,  cholesterol numbers as they are now tested --i.e. "HDL" and "LDL"- are a pretty poor predictor of heart disease; up to 70 percent of people hospitalized with heart attacks have perfectly normal cholesterol levels, and about half the people with elevated cholesterol levels have perfectly normal, healthy tickers.

(Those numbers might change if doctors used the much more modernized version of cholesterol tests, which we'll talk about throughout the book- but they continue to use the old-fashioned "good" and "bad" test that predicts about as accurately as flipping a coin.)

Many of the general dietary guidelines accepted and promoted by the government and by major health organizations such as the American Heart Association are either directly or indirectly related to cholesterol phobia. These standard guidelines warn us to limit the amount of cholesterol we eat, despite the fact that for at least 95 percent of the population, cholesterol in the diet has virtually no effect on cholesterol in the blood.

These guidelines warn us of the dangers of saturated fat, despite the fact that the relationship between saturated fat in the diet and heart disease has never been convincingly demonstrated, and despite the fact that research shows that replacing saturated fat in the diet with carbohydrates actually increases the risk for heart disease.¹

Both of us became skeptical of the cholesterol theory at different points in our careers, traveling different pathways to arrive at the same conclusion: Cholesterol does not cause heart disease.


We also believe that, unlike trans fat, for example, saturated fat is not the dietary equivalent of Satan's spawn (and we'll show you why). Finally, and most important, we strongly believe that our national obsession with lowering cholesterol has come at a considerable price. Cholesterolmania has caused us to focus all our energy around a fairly innocuous molecule with a marginal relationship to heart disease, while ignoring the real causes of heart disease.

We're each going to tell you in our own  words how we became cholesterol skeptics and why we fervently believe the information contained in this book could save your life. 

DR. JONNY

Before I became a nutritionist and ultimately an author, I was a personal trainer. I worked at Equinox Fitness Clubs in New York City, and the vast majority of my clients were there for one thing: weight loss. It was 1990. Fat was considered dietary enemy number one, and saturated fat was considered especially bad because we all "knew" it clogged your arteries, raised your cholesterol, and led to heart disease. So, like most trainers, I put my clients on low-fat diets and encouraged them to do a ton of aerobics plus a little bit of weight training.

Which worked.

Sometimes.

More often than not, the strategy bombed.

Take Al, for example. Al was an incredibly successful, powerful businessman in his early sixties with a huge belly he just couldn't get rid of. He was eating a very low-fat diet, doing a ton of aerobics on the treadmill in his house, and yet his weight was hardly budging. If everything I had been taught as a personal trainer was right, that shouldn't have been happening.

But it was.

Then Al decided to do something I didn't approve of. He went on the Atkins diet. Remember, those were the days when all of us were taught that fat, especially  saturated fat, was pure evil. We had been taught that we "need" carbohydrates for energy and survival.

We had been taught that diets such as the Atkins diet were dangerous and damaging, largely because all that saturated fat would clog your arteries, raise your cholesterol, and lead to a heart attack.

So I was pretty sure Al was headed for disaster.

Except he wasn't.

Not only did he start shedding weight and losing his substantial "apple-shaped" belly, but he also had more energy and was feeling better than he had in decades. I, meanwhile, was impressed with Al's results, but I was convinced he was paying a huge price and that once he got the blood test results from his  annual physical, I would be vindicated.

I wasn't.

Al's triglycerides-a type of fat found in the bloodstream and elsewhere--had dropped, his blood pressure had gone down, and his cholesterol had risen slightly, but his "good" cholesterol (HDL) had gone up more than his "bad" cholesterol (LDL), so overall his doc was pretty happy.

Right around this time, Dr. Barry Sears  the MIT-trained biochemist and creator of the Zone diet- -came to give workshop at Equinox. It was there, thirty years ago, that I first learned this critical lesson: Food has a hormonal effect.

When it comes to gaining and losing   weight, it's hormones-even more than   calories-that control the show.

And hormones are controlled by food.

For example: Carbs in general stimulate  hormones that promote weight gain; fat  does not. Ergo, up the fat in the diet a bit  and reduce the carbs a bit. It's a way better approach to hormone management.

But conventional medicine argued that fat would raise your cholesterol, which, of course, would eventually kill you. In the end, the argument against high-fat diets always hinged on cholesterol. Conventional medicine  collectively thought that a high fat diet like the one my client Al was on would produce disastrous results.

  Right around this time, a biochemist   named Barry Sears came to New York City to give a workshop at Equinox, which, of course, I eagerly attended. Sears, whose Zone diet books have sold millions, had a novel approach that can be summed up in four words: eat fat, lose weight. If Sears had been anything but an MIT-trained biochemist, he probably would have been laughed out of the room. But given his credentials and remarkable knowledge of the human body, he was pretty hard to dismiss.

 Now Sears wasn't the first one to embrace fat and protein in the diet and recommend that we eat fewer carbs. Atkins, whose original diet was the one Al had tried so successfully, had been saying similar things since 1972. But the whole rap against Atkins was that his diet was high in saturated fat and would therefore likely cause heart disease.

So even though many people grudgingly admitted that you could lose weight easily following his program, everyone (including me) believed that the cost would include a hugely increased risk for heart disease. 

What If the Whole Theory That Cholesterol Causes Heart Disease Was Wrong in the First Place?


Meanwhile, my eyes were telling me  something very different, and it wasn't just because of what I had seen happen with Al. It was happening with other clients as well. Sick of not getting results on low-fat high-carb diets, they threw caution to the wind and embraced the Atkins diet and the Protein Power diet and other diets that had in common that they limited carbohydrate intake. They were eating more fat- even   more saturated fat- but nothing bad was happening at all, unless, of course, you count feeling better and getting slimmer as nothing.

Which got me thinking.

Why weren't we seeing consistent results with our clients who were faithfully following low-fat diets and getting plenty of aerobic exercise? Conversely, why were our clients who were going on low-carb diets getting such high marks on their blood tests and astonishing their doctors? What if everything we'd been told about the danger of saturated fat wasn't exactly correct? And- if what we'd been taught about saturated fat wasn't the complete truth  — what about this relationship  between fat and cholesterol? Was it really all as simple as I'd been taught? 

After all, even back in the early 1990s when people only talked about "good" and "bad" cholesterol, it was still obvious that, overall, saturated fat had a positive effect on Al's cholesterol, as it did on the cholesterol levels of so many of my other clients. Saturated fat raised folks HDL much more than it did their LDL, which, by the standard of the day, was a good thing. Could this whole cholesterol issue be a little more complicated than I and everyone else had previously believed?

Eventually, I thought-going way out on a limb here what if the whole theory that cholesterol causes heart disease was wrong in the first place? If that were the case, the effect of saturated fat on cholesterol would be pretty much irrelevant, wouldn't it?

Then I began reading the studies.

The Lyon Diet Heart Study² found that  certain dietary and lifestyle changes were able to reduce deaths by 70 percent and reduce cardiovascular deaths by an even more impressive 76 percent, all without making as much as a dent in cholesterol levels. The Nurses' Health Study³ found that 82 percent of coronary events were attributable to five factors, none of which had anything to do with lowering cholesterol. And that was just the tip of the ever-growing iceberg.

Study after study on high-protein, low-carb diets-including those rich in saturated fat- showed that the blood tests of people on these diets were similar to Al's. Their health actually improved on these diets. Triglycerides went down. Other measures that indicated heart pdisease risk also improved.

In the mid-90s I went back to school for  nutrition, ultimately earning a Ph.D. in  what was then called "holistic" (integrative) nutrition and a C.N.S. (certified nutrition  specialist) certification from the Certification Board for Nutrition Specialists, which is associated with the American College of Nutrition. During my studies, I talked to many other health professionals who  shared my concerns, including one of the top lipid biochemists in the country, the late Mary Enig, Ph.D. She did some of the early research on trans fats and fervently believed that it is trans fats, not saturated fats, that are the real villains in the American diet; I wholeheartedly agree Enig was hardly alone in thinking that we have been collectively brainwashed on the subject of saturated fat and cholesterol.

When Americans were consuming whole, full-fat foods such as cream, butter, pasture-raised meats, raw milk, and other traditionalfoods, the rate of heart disease was a fraction of what it is now. Many of us began to wonder whether it was a coincidence that the twin global pandemics of obesity and diabetes just happened to occur around the time we collectively banished these foods because of the phobia about cholesterol and saturated fat in the diet and began to replace them with vegetable oils, processed carbs, and, ultimately, trans fats.

Study after study has shown that lowering the risk for heart disease has very little to do with lowering cholesterol. And more  and more studies reports were coming out demonstrating that the real initiators of damage in the arteries were oxidation and inflammation. These factors, along with sugar and, were clearly what aged the human body the most. These were the culprits we should be focused on. 

In my career, I have examined the strategies that seemed to work for the healthiest, longest-living people on earth and found that lowering cholesterol has almost nothing to do with reducing heart disease, and definitely nothing to do with extending  life. One of the greatest frustrations I experienced was trying to reassure my clients that with a higher-protein, higher-fat diet they'd see significant improvements in their weights and the health of their  hearts. I was constantly butting heads with my clients' doctors, who completely bought into the myth that saturated fat will kill  you by clogging your arteries, raising your cholesterol, and ultimately leading to heart disease. And that anyone who thought  otherwise was clearly a whack job or at the very least "anti-science." 

Fast-forward to 2010. Fair Winds Press —my publisher for thirteen books over the course of seven years came to me with an idea. "How about a book on how to lower cholesterol with food and supplements?" they asked.

To which I replied, "I'm probably not the guy to write that one, I don't think lowering cholesterol matters very much.'"

As you can imagine, that was met with a collective startle. My publishers were more than a little curious. "How can lowering  cholesterol not be important?" they wanted to know. "Don't doctors believe high cholesterol is the cause of heart disease? Don't they believe that lowering it is the most important thing you can do when it comes to preventing heart attacks?"

"They do indeed," I replied, "and they're wrong.

The book I wanted to write reveals the truth about cholesterol and heart disease. To do it, I joined forces with my friend Steve Sinatra, a board-certified cardiologist, trained psychotherapist, and nutritionist.

DR. SINATRA

Most doctors today will recommend that you take a statin drug--they might even nag you to do so-if your cholesterol numbers  are high. They will do so whether or not you have evidence of arterial disease and are a man or woman, and despite your age. In their minds, you prevent heart disease by lowering cholesterol.

Once upon a time I used to believe that, too. It made sense, based on the research and information that was promoted to doctors. I believed it to the extent that I even lectured on behalf of drug makers. was a paid consultant to some of the biggest manufacturers of statin drugs, lecturing for hefty honorariums. I  became a cholesterol choirboy, singing the refrain of high cholesterol as the big, bad villain of heart disease. Beat it down with a drug, and you cut your risks. My thinking changed years ago when I began seeing  conflicting evidence among my own patients. I saw, for instance, many patients with low total cholesterol — as low as 150 mg/dL! — develop heart disease.

In those days we pushed patients to  undergo angiograms (invasive arterial  catheterization imaging) if they had sufficient symptoms of chest pain, borderline exercise tests, and especially cholesterol readings of greater than 280 mg/dL. We did this because our profession believed that all people with high cholesterol were in danger of having a heart attack.

We did the imaging to see how bad their arteries were. And, indeed, sometimes we found diseased arteries. But just as often we didn't. Many arteries were perfectly healthy. These results were telling me something different than the establishment message — that it wasn't just a simple cholesterol story.

Faced with these discrepancies I began  questioning and investigating conventional thinking about cholesterol and looking at the cholesterol research more closely. I found other doctors who had made similar discoveries on their own and heard about how study findings were being manipulated.

For example, biochemist George Mann, M.D., of Vanderbilt University, who participated in the development of the world-famous   Framingham Heart Study, later described the cholesterol-as-an-indicator-of-heart disease hypothesis as "the greatest scam ever perpetrated on the American public."

These and other dissenting voices were  drowned out by the cholesterol chorus. To this day, practically all of what has been published and receives media attention — supports the cholesterol paradigm and appears to have the backing of the pharmaceutical and low-fat industries along with leading regulatory agencies and medical organizations.

However, I stopped being a choirboy for cholesterol. I stopped believing. Here's why:

I found that life can't go on without  cholesterol, a basic raw material made by your liver, brain, and almost every cell in your body. Enzymes convert it into vitamin D, steroid hormones (such as our sex hormones estrogen, progesterone, and testosterone and stress hormones), and bile salts for digesting and absorbing fats. It makes up a major part of the membranes surrounding cells and the structures within them.

The brain is particularly rich in cholesterol and accounts for about a quarter of all the cholesterol we have in our bodies. The fatty myelin sheath that coats every nerve cell and fiber is about one-fifth cholesterol. Neuronal  communication depends on cholesterol.  It is not surprising that a connection has  been found between naturally occurring  cholesterol and mental function. Lower levels are linked to poorer cognitive performance. I remember one patient- a federal judge I'll call Silvio---who came to see me. He was taking a statin drug and complained that his memory had gone to pot, so much so that he voluntarily took himself off the bench. His LDL level was down to 65 mg/dL. I took him off the statin, told him to eat a lot of organic,  cholesterol-rich eggs, and within a month got his LDL level up above 100 mg/dL. His memory came roaring back. (Memory loss is one potential side effect of cholesterol-lowering drugs.)

Some researchers suggest that doctors  should be extremely cautious about  prescribing statin drugs to the elderly,  particularly those who are frail. I totally agree. I have seen frail individuals become even frailer and much more prone to infections. Though that surprised me at the time, it no longer does. Cholesterol plays a big role in helping fight bacteria and infections. A study that included 100,000 healthy participants in San Francisco over a fifteen-year period found that those with low cholesterol values were much more likely to be admitted to hospitals with infectious diseases.⁴

strong pumping action of the heart, which gobbles the stuff up. And in the early 1990s I discovered something that shook my belief in statin drugs to the core — they depleted the body of CoQ10.

That fact is widely known now, but it  wasn't then. And it certainly gave me pause. How could these miracle drugs that were believed to be the answer to heart disease be good for you in the long run if they depleted the very nutrient upon which the heart depends?

Even today, many doctors aren't aware of the effect that statin drugs have on CoQ10 levels. How ironic that the very drug they prescribe to reduce the likelihood of a heart attack actually deprives the heart of the fuel it needs to perform properly? No wonder fatigue, low energy, and muscle pain are such  frequent accompaniments to statin drug use.

It wasn't until the mid-1990s that statin drugs really took off, but before then  physicians had other go-to drugs for lowering cholesterol. Many research studies were conducted using these drugs, and in 1996 the U.S.Government Accountability Office evaluated these trials in a publication titled Cholesterol Treatment: A Review of the Clinical Trials Evidence. The report explained that though some trials showed a reduction in cardiovascular-related deaths (primarily among those who entered the studies with existing heart disease), there was a corresponding increase in non-cardiovascular- related deaths across the trials. "This finding,  that cholesterol treatment has not lowered the number of deaths overall, has been worrisome to many researchers and is at the core of much of the controversy on cholesterol policy,"' the authors wrote.

It was also quite clear from the report that those who benefited the most from lowering their cholesterol levels were middle-aged men who already had heart disease. "The trials focused predominantly on middle-aged white  men considered to be at high risk of coronary heart disease," the report stated." They provide very little information on women, minority men and women, and elderly men and elderly women."

It's been more than a decade since that  report was written, but it remains true that lowering cholesterol has a very limited benefit in populations other than middle-aged men with a history of heart disease. Yet doctors continue to prescribe statin drugs for women and the elderly, and, shockingly, many are arguing for treating children with statins as well.

By now my conversion from cholesterol  true believer to cholesterol skeptic is  complete, I still prescribe statins- -but only on occasion, and almost exclusively to middle-aged men who've already had a first heart attack, coronary intervention (e.g., bypass, stent, angioplasty), or coronary artery disease.

I've come to believe that cholesterol is a minor player in the development of heart disease and that whatever good statin drugs accomplish has very little to do with their cholesterol-lowering ability.  Statin drugs are anti-inflammatory, and their power to reduce inflammation is much more important than their ability to lower cholesterol. But we can lower inflammation (and the risk for heart  disease) with natural supplements, a better diet, and lifestyle changes such as managing stress. Best of all, none of these come with the growing laundry list of troubling symptoms and side effects associated with statin drugs and cholesterol lowering.

LIKE DEAD MEN WALKING

So there you have it. Two individuals with very different journeys arriving at the same conclusion. And because that conclusion may be pretty hard to swallow if you've been brainwashed by the cholesterol establishment — and who hasn't? — it might be helpful to take a moment and talk about a study we alluded to earlier — the Lyon Diet Heart Study.

In the early 1990s, French researchers  decided to run an experiment — known as the Lyon Diet Heart Study- -to test the effect of different diets on heart disease.

They took 605 men and women who were prime candidates for heart attacks. These folks had every risk factor imaginable. All of them had already survived a first heart attack. Their cholesterol levels were through the roof, they smoked, they ate junk food, they didn't exercise, and they had high levels of stress. People like this give insurance underwriters nightmares. To be frank, these folks were "dead men walking."

The researchers divided the participants into two groups. The first group was counseled (by the research cardiologist and the dietician during a one-hour session) to eat a Mediterranean-type diet that emphasizes fresh fruit and vegetables, whole grains, legumes, nuts, healthy fats such as olive oil, and seafood. The second group was the control group and received no dietary advice from the investigators but was advised,  nonetheless, to follow a prudent diet by their attending physicians. 

What was this prudent diet, you ask?

Pretty much the standard (and, as we shall see, useless) diet that doctors have been recommending for decades: Eat no more than 30 percent of your calories from fat, no more than 10 percent from saturated fat, and no more than 300 mg of cholesterol a day (about the amount in two eggs). So what happened with the study?

Lowering cholesterol has a very limited benefit in populations other than middle-aged men with a history of heart disease.

Actually, it was stopped.

Why? Because the reduction in heart  attacks in the Mediterranean diet group  was so pronounced that the researchers  decided it was unethical to continue. To be precise, the Mediterranean diet group had a whopping 70 percent reduction in deaths and an even more impressive 7 6 percent


Wednesday, March 5, 2025

Trump wants to get out of NATO

 

The reason Trump wants to get out 

…is very simple. NATO became pointless:

At the start, it was created to ‘Keep the Russians out, the Americans in, and the Germans down’, but it had a more important purpose for a long time:

Help protect the reserve currency status of the dollar.

The US would print money like a banana republic without suffering inflation, it would use it for its military spending, it would be the muscle of NATO, and in return, the NATO countries would use the dollar and attach their economies to the US to boost the US. Together they would bash down any smaller country that did not use the dollar and enforce the ‘world order’.

This allowed the US to monetize the entire world’s economic activities wherever they happened. If someone opened a random business somewhere in Africa or Asia and increased his country’s GDP, that GDP would end up monetized by the US through printed dollars because his country had to buy dollars to use in international trade. The European satellites of the US also benefited from this system through their participation and investments in the Angloamerican financial system.

Moreover, this Angloamerican ‘world order’ would force other countries to open up their resources and economy and buy out their resources, companies and even land/housing. A perfect, modern imperial colonialism: Buy out the entire world with the dollars printed on their economic activity.

So everything was great for a while. But then things suddenly started to change:

First, the European Union (EU) came into being in 1993. The EU countries started closing their economies to the US through tariffs or regulations. Then, the EU backstabbed the US by creating the Euro in 1999. Now the dollar had a major reserve currency competitor. The euro started eating into the dollar’s global share. This caused an estrangement between the US and the EU and it started a low-level trade war, through tariffs, regulations, counter-regulations, diplomatic, political and legal pressure and that has been going on since around 2005.

Then, China and the Asian countries developed. They were protecting their domestic markets to varying levels and prioritizing manufacturing and physical and social infrastructure. This made Asia the biggest economic market whose economic size was backed by actual physical goods as opposed to the increasingly financialized, hollowed-out US economy. The US was able to bash down Japan and shove the Plaza Accords down its throat and cripple its economy. But it wasn't able to do it to the rest of Asia.

Things were not working out. The US elite decided to ‘contain’ (read: make a colony) China. But its pesky friend Russia was a problem and needed to be taken out before taking on China. It was already doing diplomacy and stirring movement for an alternative ‘world order’. So they decided to take Russia out first.

At that point, the US elite made a fatal mistake: They stole not only the state assets of Russia in dollar reserves in the West but also the dollars of the Russian elite. In their out-of-touch narcissist minds, this would cause Russia to collapse within months. It didn’t. Russia did import replacement and integrated with the Global South and its economy got pumped up.

But something collapsed: The US Dollar.

Now the entire world and their elite classes saw they could be next. It didn’t matter whether you were a friend - if one faction of the US elite thought it would be profitable to target you or your country, you could end up getting screwed the next time that faction is in power in the US. All of them started to reduce risk by reducing their dollar reserves, moving their money out to other assets and starting to use other currencies in international trade.

Booom - the unused dollars were flowing back home, causing major inflation. The banana republic that printed money without inflation wasn't able to print money without inflation anymore. What followed that has been the most destructive economic crisis the West faced in a very long time. Not a cyclical, profitable crisis. A permanent, systemic crisis. Now the dollar scam was gone for good.

And it's not likely to change. Regardless of what kind of peace and detente is reached with Russia, and even China, ~80% of the world won't come back to the dollar like before. The age of free cash printing machine is over. And it's a good thing too - because that scam caused the US to become a hollowed-out, bloated economy. The dollar becoming a normal currency can only help the US fix that problem.

So now NATO lost the #1 reason for its existence because the dollar won't be going back to what it was and there is no military means of making that happen. As a result, now it is just a money black hole that will suck away the American budget while the European countries benefit. It is much better for the US to dump NATO on Europe and keep its money and spend it where it sorely needs to spend it.

Therefore Trump wants to get out of NATO. Even the prominent neocon Republican senators want to get out of NATO.

特朗普想要退出的原因……很简单。北约变得毫无意义:

一开始,它是为了“挡住俄罗斯,稳住美国,压制德国”而成立的,但长期以来它还有一个更重要的目的:

帮助保护美元的储备货币地位。

美国会像香蕉共和国一样印钞,不会遭受通货膨胀,它会将其用于军事开支,它会成为北约的力量,作为回报,北约国家会使用美元,并将其经济依附于美国,以促进美国的发展。他们会一起打击任何不使用美元的小国,并执行“世界秩序”

这使得美国能够将全世界的经济活动货币化,无论这些活动发生在何处。如果有人在非洲或亚洲的某个地方开了一家随机的企业,并增加了他国家的 GDP,那么这个 GDP 最终会被美国通过印制美元货币化,因为他的国家必须购买美元用于国际贸易。 美国的欧洲卫星国也通过参与和投资英美金融体系从该体系中受益。

此外,英美“世界秩序”将迫使其他国家开放其资源和经济,并收购其资源、公司甚至土地/住房。一个完美的现代帝国殖民主义:用印在他们经济活动上的美元收购整个世界。

所以一切都很顺利。但后来事情突然开始改变:

首先,欧盟(EU)于 1993 年成立。欧盟国家开始通过关税或监管向美国关闭其经济。然后,欧盟于 1999 年创建欧元,背叛了美国。现在美元有了主要的储备货币竞争对手。欧元开始蚕食美元的全球份额。 这导致美国和欧盟之间关系疏远,并引发了一场低级别的贸易战,通过关税、监管、反监管、外交、政治和法律压力,自 2005 年左右以来一直在进行。

随后,中国和亚洲国家发展起来。它们在不同程度上保护国内市场,优先发展制造业、物质和社会基础设施。这使得亚洲成为最大的经济市场,其经济规模由实际的物质商品支撑,而不是日益金融化、空心化的美国经济。美国能够打压日本,将广场协议强加给日本,削弱其经济。但它无法对亚洲其他国家这样做

事情没有进展。美国精英决定“遏制”(即建立殖民地)中国。但它讨厌的朋友俄罗斯是个问题,需要在对付中国之前先除掉它。它已经在进行外交活动,并煽动建立另一种“世界秩序”的运动。所以他们决定先除掉俄罗斯。

 那时,美国精英犯了一个致命的错误:他们不仅窃取了俄罗斯在西方的美元储备中的国家资产,还窃取了俄罗斯精英的美元。在他们脱离现实的自恋心理中,这将导致俄罗斯在几个月内崩溃。但事实并非如此。俄罗斯确实进行了进口替代,并与全球南方国家融合,其经济得到了提振。

但有一样东西崩溃了:美元。

现在,整个世界和他们的精英阶层都看到他们可能是下一个。不管你是否是朋友——如果美国精英的一个派系认为针对你或你的国家是有利可图的,那么下次这个派系在美国掌权时,你最终可能会被坑。他们都开始通过减少美元储备、将资金转移到其他资产并开始在国际贸易中使用其他货币来降低风险。

砰——未使用的美元流回国内,导致严重的通货膨胀。在没有通货膨胀的情况下印钞的香蕉共和国再也无法在没有通货膨胀的情况下印钞了。 随后发生的是西方长期以来面临的最具破坏性的经济危机。这不是一场周期性的、有利可图的危机。这是一场永久性的系统性危机。现在美元骗局已经一去不复返了。

而且这种情况不太可能改变。无论与俄罗斯甚至中国达成何种和平与缓和,全球约 80% 的国家都不会像以前那样回归美元。免费印钞机的时代已经结束。这也是一件好事——因为那场骗局导致美国成为一个空心化、臃肿的经济体。美元成为正常货币只能帮助美国解决这个问题。

因此,现在北约已经失去了其存在的首要原因,因为美元不会回到原来的水平,而且也没有军事手段来实现这一点。结果,现在它只是一个金钱黑洞,会吸干美国的预算,而欧洲国家则从中受益。对美国来说,把北约抛弃给欧洲,把钱留着,花在最需要花的地方,这样要好得多。


因此,特朗普想退出北约。即使是著名的新保守派共和党参议员也想退出北约。


Great letter to read from a great man of solidarity.


Former President of Poland Lech Walesa wrote the following letter to Trump.


Your Excellency, Mr. President,

We watched the report of your conversation with the President of Ukraine, Volodymyr Zelensky, with fear and distaste. We find it insulting that you expect Ukraine to show respect and gratitude for the material assistance provided by the United States in its fight against Russia. Gratitude is owed to the heroic Ukrainian soldiers who shed their blood in defense of the values of the free world. They have been dying on the front lines for more than 11 years in the name of these values and the independence of their homeland, which was attacked by Putin’s Russia.


We do not understand how the leader of a country that symbolizes the free world cannot recognize this.


Our alarm was also heightened by the atmosphere in the Oval Office during this conversation, which reminded us of the interrogations we endured at the hands of the Security Services and the debates in Communist courts. Prosecutors and judges, acting on behalf of the all-powerful communist political police, would explain to us that they held all the power while we held none. They demanded that we cease our activities, arguing that thousands of innocent people suffered because of us. They stripped us of our freedoms and civil rights because we refused to cooperate with the government or express gratitude for our oppression. We are shocked that President Volodymyr Zelensky was treated in the same manner.


The history of the 20th century shows that whenever the United States sought to distance itself from democratic values and its European allies, it ultimately became a threat to itself. President Woodrow Wilson understood this when he decided in 1917 that the United States must join World War I. President Franklin Delano Roosevelt understood this when, after the attack on Pearl Harbor in December 1941, he resolved that the war to defend America must be fought not only in the Pacific but also in Europe, in alliance with the nations under attack by the Third Reich.


We remember that without President Ronald Reagan and America’s financial commitment, the collapse of the Soviet empire would not have been possible. President Reagan recognized that millions of enslaved people suffered in Soviet Russia and the countries it had subjugated, including thousands of political prisoners who paid for their defense of democratic values with their freedom. His greatness lay, among other things, in his unwavering decision to call the USSR an “Empire of Evil” and to fight it decisively. We won, and today, the statue of President Ronald Reagan stands in Warsaw, facing the U.S. Embassy.


Mr. President, material aid—military and financial—can never be equated with the blood shed in the name of Ukraine’s independence and the freedom of Europe and the entire free world. Human life is priceless; its value cannot be measured in money. Gratitude is due to those who sacrifice their blood and their freedom. This is self-evident to us, the people of Solidarity, former political prisoners of the communist regime under Soviet Russia.


We call on the United States to uphold the guarantees made alongside Great Britain in the 1994 Budapest Memorandum, which established a direct obligation to defend Ukraine’s territorial integrity in exchange for its relinquishment of nuclear weapons. These guarantees are unconditional—there is no mention of treating such assistance as an economic transaction.


Signed,

Lech Wałęsa, former political prisoner, President of Poland


2016

‘Keep the Russians out, the Americans in, and the Germans down’: a potted and bloody history of Nato


History

The Nato flag , European 🇪🇺 Union

From its inception to the present, Nato has been intent on pursuing a policy of aggression. Jonathan Maunders explains 

Keep the Russians out, the Americans in, and the Germans down’ – those were the words of Nato’s first Secretary General, Lord Ismay, when explaining the aims behind the new military alliance (as it was then). Simple rhetoric it may well be, but Ismay’s words seem to be of haunting significance in the world we inhabit more than half a century later. 


As Nato further escalates tensions with Russia, sending more troops to Eastern Europe and raising the spectre of a no-fly-zone in Syria, Ismay’s words seem clearer and more deliberate, particularly when you factor in the likely election of Hilary Clinton, seemingly fixated on all-out war with Putin. However, before we can really explain here and now, we must first understand Nato’s history. 


Beginnings

The initial beginnings of what we now refer to as Nato can be traced back to the Treaty of Brussels of 1948 where four of Europe’s foremost colonial powers, Belgium 🇧🇪 , France 🇫🇷 , the Netherlands 🇳🇱 and the UK 🇬🇧 , agreed upon a mutual defence clause. We think of Nato as intrinsically US-led but this early ancestor of the treaty was notable for its absence of the USA 🇺🇸 . These European powers would soon form the Western European Defence Organisation, a loose military organisation that goes further in resembling Nato as it has become.


However, economically and military ravaged by the Second World War, these European powers soon became convinced that it was essential that they got the United States on board to provide protection and clout.This further shows that contrary to the Nato of today, it was the European nations that were desperate to bring in the US, not vice versa. An agreement with the US was quickly formulated and the North Atlantic Treaty was signed in April 1949.


As well as adding the US, this treaty added Canada 🇨🇦 , Portugal 🇵🇹 , Italy 🇮🇹 , Norway 🇳🇴 , Denmark 🇩🇰  and Iceland 🇮🇸 . While the signature of this agreement was popular amongst the populations of many of the signatories, riots broke out outside the Iceland parliament, with the Icelandic population keen to maintain a policy of neutrality. 


Articles

Many of the articles of the North Atlantic Treaty are relatively well known, however, there has been much in the way of misinformation. The articles can be largely boiled down to three significant ones. Firstly, Article 1 denotes that the Treaty organisation aims to solve international disputes peacefully, an interesting development given the aggressive organisation that Nato was to become. Article 4 asserts that the organisation must provide consultation if the territorial integrity, political independence or security of a member nation is threatened. While this article is less well known than its successor, it has been invoked three times by Turkey alone. Article 5, by far the most famous, commits each signatory to consider an armed attack on one member as an attack on all members. This stipulation was of course controversially invoked by the US in the immediate aftermath of 9/11. 


Structure

The internal structures of Nato have largely remained the same since its inception, with the majority of the organisation’s power running through two positions. The first of these of positions is that of Secretary General (where our old friend Lord Ismay comes in). This position is currently filled by former Norwegian Prime Minister, Jens Stoltenburg and is very much the diplomatic arm of the organisation. This position has always been filled by a European and it is clear that this is by design. The powers behind Nato are aware of the ‘interfering American’ reputation and thus have always felt that a European is best placed to achieve Nato’s diplomatic aims.


The second position is that of Supreme Allied Commander Europe. Interestingly, this position is always filled by an American and, again, this is fundamentally by design. Not only is the person in this position, currently Curtis Scaparroti, in charge of Nato’s forces ( here) , he is also commander of US forces in Europe. This may seem like a technicality, but in practice it means that Scaparotti is simultaneously directly answerable to both Nato’s Secretary General and also the US president, just illustrating the power the US has at the heart of the organisation.


Cold War

It was the Korean War that would come to impress upon the US the potential strength of utilising the military alliance. In the eyes of the US administration, the fact that the North Korean effort was being aided by both China 🇨🇳 and the Soviet Union 🇷🇺 raised the threat of communist countries working together against US interests. Alarmed by this scenario, a newly convinced US led Nato to developing their first substantial military plans. 


Despite growing tensions between the West and the Soviet Union, the latter actually suggested it join Nato in 1954, only to be rejected by the organisation’s signatories. While you’d be right in thinking there was a chasm between west and east, this in fact shows that the Soviet Union was at least prepared for political dialogue, but its rivals weren’t.


Not just content with quashing the Soviet Union’s suggestion, Nato would approve the MC48 document in December 1954, a further escalation in tensions. The document asserted that the Nato allies would have to use atomic weapons in a war with the Soviet Union, even if the latter had no intention of using them first. This may not be a surprise but it is important to stress the last clause of that document’s message. The fact that Nato allies were willing to use atomic weapons to annihilate a rival country even if that country was not willing to use them themselves, just illustrates how an alliance formed under the guise of preserving peace was instead pursuing a dangerous policy of aggression and hostility. 


The following summer, West Germany joined the alliance, allowing Nato to utilise its significant manpower and to push the organisation’s border right up against the East. The Kremlin responded by initiating the Warsaw Pact, an alliance between the Soviet Union, Hungary 🇭🇺 , Czechoslovakia 🇨🇿 , Poland 🇵🇱 , Bulgaria 🇧🇬 , Romania 🇷🇴 , Albania 🇦🇱 , and East Germany 🇩🇪 , defining the two sides of the Cold War for the first time. 


As both sides built up their nuclear arsenal in the decades that followed, the spectre of nuclear war haunted the continent and despite France withdrawing from Nato’s military front, the organisation continued to expand its influence and its weapon capabilities.


When the Berlin Wall fell and the Soviet Union collapsed, Nato was keen to assert its validation for its policy of aggression and hostility. It soon made a deal with the last Soviet premier, Mikhail Gorbachev to bring the newly unified Germany under Nato’s alliance. As part of this deal, Nato powers promised Gorbachev that in return they would not expand the alliance further into former Warsaw Pact Nations, a promise they would soon break. 


Yugoslavia 

As an organisation fundamentally defined by the Cold War, Nato was left struggling to find its purpose in a post-Cold War world. It soon found this purpose during the protracted collapse of Yugoslavia. 


Deterioration in Bosnia 🇧🇦  led the United Nations to ask Nato to enforce a no-fly-zone over Bosnia and Herzegovina 🇧🇦 , which started in April 1993. After downing 4 Serbian planes and an escalation in the war, the UN’s military commander was given power to call for Nato airstrikes without seeking consultation with UN officials. This soon led to Nato launching widespread airstrikes in the area. 


Later in the decade, after a breakdown of talks between US special envoy Richard Holbrooke and Slobodan Milosevic, the former handed the matter to Nato, who began a savage 78 day bombing campaign on Serbian targets. This operation, known as Operation Allied Force, became known for its high civilian casualties, with hundreds of civilians slaughtered by western airstrikes in 1999. This can be seen as the first example of Nato’s normalisation of civilian casualties, with the organisation keen to normalise the idea that high civilian casualties could be a necessary evil to promote peace, a morally bankrupt approach that would later haunt Afghanistan 🇦🇫  and Libya 🇱🇾 . 


It has later been revealed that as part of Nato airstrikes, passenger trains were hit, Albanian refugee movements were repeatedly bombed, hospitals were struck with cluster bombs and bridges were destroyed with civilians desperately crossing.


During this conflict, the US and UK opposed French attempts for the organisation to seek approval from the UN’s Security Council before launching airstrikes, claiming it would undermine the treaty’s authority, further emphasising the organisation’s neglect of democracy and embrace of bloodshed.


Afghanistan

In the aftermath of 9/11, the US invoked Article 5, forcing all Nato signatories to consider the attacks as attacks on all of them. This marked the first time that Nato had markedly expanded outside of its original North Atlantic parameters. This is of particular significance as it allowed the US to use cover of Nato legitimacy to wage its imperialist War on Terror in the region. 


Nato was soon asked to take control of the International Security Assistance Force, a force consisting of troops from 42 nations. This force was initially charged with just taking Kabul before having their mission expanded to the whole of Afghanistan. 


Nato caused the massacre of tens of thousands of innocent civilians, with 20,000 dying in 2001 alone, statistics that form a haunting spectre over the intervention. While Nato was largely able to portray its intervention in Yugoslavia as a relative success and necessary task, the more the events in Afghanistan became common knowledge, the harder the intervention became to gloss. Influential anti-war groups like Stop the War Coalition were able to spread an anti-war sentiment and alert people to Nato’s massacres. 


Libya

In March 2011 the United Nations called a ceasefire in Libya during the Civil War. Nato soon began to enforce a no-fly-zone over the country. It was soon reported that there were tensions within the alliance, deriving from the fact that only Nato nations were taking part in the operation, with a sizeable confrontation between US and German officials. This crack in the alliance reflected the fact that the German government believed Nato had overstepped its mark in intervening in the conflict. 


More than just opposition from the German government, thousands marched against the intervention, particularly in response to the high figures of civilian casualties. Nato soon had to defend themselves to suggestions that they had accidentally struck rebel fighters they were supporting. This in itself raised sizeable moral and legal questions regarding Nato’s presence in the nation. People began to question Nato officials whether their primary aim was to protect Libyan civilians or Libyan rebels, a question that in itself reveals the true aim of the intervention.


While clear to many at the time, it has only become clearer that Nato’s intervention in the country was to ensure regime change rather than protect Libyan civilians. This point is further illustrated by the dreadful stories of civilians slaughtered by Nato fire. One of these stories is that of 11 Imams who were killed by Nato airstrikes during a large prayer gathering praying for peace. Similarly, 85 people were killed in a building in the small village of Majer. This effecting story has since become infamous after the words of Lieutenant General Charles Bouchard, commander of the Nato mission, when asked to comment on the deaths, “I cannot believe that 85 civilians were present when we struck but I cannot assure there were none at all.” If any quote could summarise the organisation’s regard to civilian life, it is this one. 


The present

Since the collapse of the Warsaw Pact, Nato has broken its promise to Gorbachev and has expanded beyond East Germany into countries such as Hungary, Poland and Estonia. In recent years there have been pushes for Ukraine and Georgia to be admitted into the organisation. The US has been keen to expand Nato’s borders right up against that of Russia, whilst frustrated by Germany’s anxiety on the issue.


With or without Ukraine and Georgia, it is clear that Nato is intent on a policy of aggression. It is stationing more and more troops in former Warsaw Pact countries and has undertaken large scale manoeuvres in the region, in an effort to antagonise the Kremlin. This approach, undertaken under the backdrop of the bloody cauldron that is Syria, means that Nato is playing a dangerous game of chicken with Putin, baiting him to attack a Nato country and thus the whole organisation, initiating global war.


As we look back to Lord Ismay’s quote, it has a harrowing pertinence with regards to the global situation and a treaty organisation defined by its relationship with the US and the latter’s objectives: power, antagonism and conflict. Nato is playing a menacing game of aggression and hostility; a game that no one can win, but everyone can lose. 


Sunday, March 2, 2025

The Reality of Socialism: Singapore

🇸🇬 

Singapore’s remarkable economic growth over the past 60 years (1965 - 2025) is a testament to the power of pro-growth policies and stands in stark contrast to failed socialist policies implemented by numerous countries in the past. While some have characterized Singapore’s interventionist industrial policies as socialist-style, successive governments of the small city-state have prioritized growing the economy and raising living standards primarily using market forces rather than government control. In particular, Singapore’s system of personal savings accounts avoids heavy reliance on government transfer payments financed by high taxes on economically successful individuals and companies. In fact, Singapore has rejected the tax-and-spend model of western countries, with government spending and taxes being a relatively small share of its economy. In Singapore, the focus is on self-reliance rather than dependence on government.


Singapore 

The Reality of Socialism: Singapore | Mini-Documentary

The Wall Street Journal’s Mary O’Grady, along with Fraser Institute Senior Fellow Steven Globerman, explore the stunning economic rise of the small city-state since gaining independence in 1965, and examine how it is able to provide many of the same social services that Westerners do—universal health care, retirement, housing, education, unemployment, for example—but with much smaller government and lower costs. While some have characterized Singapore’s interventionist industrial policies as socialist-style, successive Singaporean governments have actually prioritized growing the economy and raising living standards primarily using market forces rather than government control.


This video is part of a new multimedia project, The Realities of Socialism, by the Fraser Institute in Canada, the Institute of Economic Affairs in the UK, the Institute of Public Affairs in Australia and the Fund for American Studies in the U.S.



Join economist Rosemarie Fike in conversation with leading academics, thinkers and authors about the realities of socialism as it was imposed on millions of people throughout the 20th century.

Realities of Socialism: The Unique Case of Singapore

Steven Globerman, Senior Fellow and the Addington Chair in Measurement at the Fraser Institute, joins host Rosemarie Fike to discuss the unique case of Singapore' economic and social system, and how their particular economic circumstances and history leave many people wondering.


The Reality of Socialism: Singapore 

The Reality of Socialism: The economic rise of the small city-state since gaining independence in 1965.


Growth in per-person income in Singapore

Singapore’s per-person income grew dramatically so that by 1993, it had surpassed the OECD average.


Investment Performance in Singapore

Investment has been critical to Singapore’s economic success.


Low Unemployment & High Employment in Singapore

Singapore has consistently had lower unemployment rates and significantly higher employment rates than the OECD average.


Singaporeans Enjoy Greater Life Expectancy

Singaporeans now enjoy longer life expectancy than the OECD average.


Singaporeans Enjoy Low Personal Income Tax Rates

Singapore has a comparatively low top personal income tax rate that applies to a fairly high level of income.


Small Government Sector in Singapore

Singapore has a small government sector compared to other wealthy nations, and spends significantly less (as a share of the economy) than the USA, Canada, the UK and Australia.


Singapore’s Policy of Self-Reliance

Singapore’s government requires workers to save a substantial portion of their wages in private accounts, which can be used for retirement, medical expenses, housing, insurance, and even university tuition.


Economic Freedom in Singapore

In 2021, Singapore became the most economically free country in the world.


Singapore’s Superior Education

Singapore’s primary and secondary education system produces better student outcomes than other wealthy nations, even though Singapore spends less per student than the OECD average.



Infographics :


Growth in per-person income

Singapore’s per-person income grew dramatically so that by 1993, it had surpassed the OECD average.



Comparing per-person income: 1960 to 2020

Singapore rose from a comparatively poor country to one of the richest in the world.



Importance of investment

Investment has been critical to Singapore’s economic success.



Low unemployment

Singapore has consistently had lower unemployment rates than the OECD average.



High employment

Singapore has consistently had higher employment rates than the OECD average.



Long life expectancy

Singaporeans now enjoy longer life expectancy than the OECD average.



Low PIT rate

Singapore has a comparatively low top personal income tax rate that applies to a fairly high level of income.



Government spending: Singapore vs. OECD

Singapore’s government spending as a share of the economy is consistently lower than the OECD average.



Government spending: Singapore vs. USA, Canada, UK, Australia

Singapore’s government spending as a share of the economy is consistently lower than key western countries.



Economic Freedom

In 2021, Singapore became the most economically free country in the world.



Central Provident Fund

Explaining Singapore’s Central Provident Fund (CPF) for public services, compared to the tax-and-spend model of other governments.



Education

Singapore spends less than the OECD average on education, and achieves significantly better student performance.


Explore the book

Meritocracy, Personal Responsibility, and Encouraging Investment: Lessons from Singapore’s Economic Growth Miracle documents the stunning economic rise of the small city-state since gaining independence in 1965, and examines how it is able to provide many of the same social services that Westerners do—health care, retirement, housing, education, unemployment, for example—but with much smaller government and lower costs.


Chapter 1: An Overview of Singapore’s Development and Public Policies   

This chapter discusses the evolution and uniqueness of Singapore’s economic and social policies, from British colony to independent city-state.

Chapter 2: Singapore’s Economic Performance   

Known as one of the four Asian Tigers, Singapore’s stunning economic success is documented here and compared to other Asia-Pacific countries, as well as the United States.

Chapter 3: The Singaporean Health Care System: Policy and Performance   

Singapore’s approach to universal health care represents a departure from much of the developed world in terms of design and philosophy, which shares features of both tax-funded systems, where government is the primary insurer, and social health insurance systems with competitive insurance markets.

Chapter 4: Singapore’s Primary and Secondary Education System: The Use of Education Savings Accounts to Fuel Student Achievement   

This chapter examines the unique features of Singapore’s education system: Its history, its focus on competition and academic rigour, the Edusave Accounts, and how it routinely evaluates not just students, but also teachers and schools for performance.

Chapter 5: Singapore’s Income-Support System: One of a Kind   

The Singaporean social security system is quite different from those of most other industrialized countries, because it largely emphasizes individual responsibility rather than collective welfare. This chapter discusses Singapore’s unique forced saving model—the Central Provident Fund.

Chapter 6: Is Singapore a Free Market Economy?   

This chapter explores the ways Singapore is and is not a market-based economy, where it falls short on liberal democratic values, and discusses what lessons western countries can learn from Singapore's experience.


The Reality of Socialism: Singapore

 

 

Singapore

Singapore’s remarkable economic growth over the past 60 years is a testament to the power of pro-growth policies and stands in stark contrast to failed socialist policies implemented by numerous countries in the past. While some have characterized Singapore’s interventionist industrial policies as socialist-style, successive governments of the small city-state have prioritized growing the economy and raising living standards primarily using market forces rather than government control. In particular, Singapore’s system of personal savings accounts avoids heavy reliance on government transfer payments financed by high taxes on economically successful individuals and companies. In fact, Singapore has rejected the tax-and-spend model of western countries, with government spending and taxes being a relatively small share of its economy. In Singapore, the focus is on self-reliance rather than dependence on government.

Singapore

The Reality of Socialism: Singapore | Mini-Documentary

The Wall St. Journal’s Mary O’Grady, along with Fraser Institute Senior Fellow Steven Globerman, explore the stunning economic rise of the small city-state since gaining independence in 1965, and examine how it is able to provide many of the same social services that Westerners do—universal health care, retirement, housing, education, unemployment, for example—but with much smaller government and lower costs. While some have characterized Singapore’s interventionist industrial policies as socialist-style, successive Singaporean governments have actually prioritized growing the economy and raising living standards primarily using market forces rather than government control.

This video is part of a new multimedia project, The Realities of Socialism, by the Fraser Institute in Canada, the Institute of Economic Affairs in the UK, the Institute of Public Affairs in Australia and the Fund for American Studies in the U.S.

More Videos

Podcast

Join economist Rosemarie Fike in conversation with leading academics, thinkers and authors about the realities of socialism as it was imposed on millions of people throughout the 20th century.

Realities of Socialism: The Unique Case of Singapore

Steven Globerman, Senior Fellow and the Addington Chair in Measurement at the Fraser Institute, joins host Rosemarie Fike to discuss the unique case of Singapore' economic and social system, and how their particular economic circumstances and history leave many people wondering.

 

Videos

The Reality of Socialism: Singapore | Mini-Documentary

The Reality of Socialism: Singapore | Mini-Documentary

The Wall St. Journal’s Mary O’Grady, along with Fraser Institute Senior Fellow Steven Globerman, explore the stunning economic rise of the small city-state since gaining independence in 1965.
Growth in per-person income in Singapore

Growth in per-person income in Singapore

Singapore’s per-person income grew dramatically so that by 1993, it had surpassed the OECD average.
Investment Performance in Singapore

Investment Performance in Singapore

Investment has been critical to Singapore’s economic success.
Low Unemployment & High Employment in Singapore

Low Unemployment & High Employment in Singapore

Singapore has consistently had lower unemployment rates and significantly higher employment rates than the OECD average.
Singaporeans Enjoy Greater Life Expectancy

Singaporeans Enjoy Greater Life Expectancy

Singaporeans now enjoy longer life expectancy than the OECD average.
Singaporeans Enjoy Low Personal Income Tax Rates

Singaporeans Enjoy Low Personal Income Tax Rates

Singapore has a comparatively low top personal income tax rate that applies to a fairly high level of income.
Small Government Sector in Singapore

Small Government Sector in Singapore

Singapore has a small government sector compared to other wealthy nations, and spends significantly less (as a share of the economy) than the USA, Canada, the UK and Australia.
Singapore’s Policy of Self-Reliance

Singapore’s Policy of Self-Reliance

Singapore’s government requires workers to save a substantial portion of their wages in private accounts, which can be used for retirement, medical expenses, housing, insurance, and even university tuition.
Economic Freedom in Singapore

Economic Freedom in Singapore

In 2021, Singapore became the most economically free country in the world.
Singapore’s Superior Education

Singapore’s Superior Education

Singapore’s primary and secondary education system produces better student outcomes than other wealthy nations, even though Singapore spends less per student than the OECD average.

Infographics

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Growth in per-person income

Growth in per-person income

Singapore’s per-person income grew dramatically so that by 1993, it had surpassed the OECD average.

Comparing per-person income: 1960 to 2020

Comparing per-person income: 1960 to 2020

Singapore rose from a comparatively poor country to one of the richest in the world.

Importance of investment

Importance of investment

Investment has been critical to Singapore’s economic success.

Low unemployment

Low unemployment

Singapore has consistently had lower unemployment rates than the OECD average.

High employment

High employment

Singapore has consistently had higher employment rates than the OECD average.

Long life expectancy

Long life expectancy

Singaporeans now enjoy longer life expectancy than the OECD average.

Low PIT rate

Low PIT rate

Singapore has a comparatively low top personal income tax rate that applies to a fairly high level of income.

Government spending: Singapore vs. OECD

Government spending: Singapore vs. OECD

Singapore’s government spending as a share of the economy is consistently lower than the OECD average.

Government spending: Singapore vs. USA, Canada, UK, Australia

Government spending: Singapore vs. USA, Canada, UK, Australia

Singapore’s government spending as a share of the economy is consistently lower than key western countries.

Economic Freedom

Economic Freedom

In 2021, Singapore became the most economically free country in the world.

Central Provident Fund

Central Provident Fund

Explaining Singapore’s Central Provident Fund (CPF) for public services, compared to the tax-and-spend model of other governments.

Education

Education

Singapore spends less than the OECD average on education, and achieves significantly better student performance.

Explore the book

Meritocracy, Personal Responsibility, and Encouraging Investment: Lessons from Singapore’s Economic Growth Miracle documents the stunning economic rise of the small city-state since gaining independence in 1965, and examines how it is able to provide many of the same social services that Westerners do—health care, retirement, housing, education, unemployment, for example—but with much smaller government and lower costs.

  • Chapter 1: An Overview of Singapore’s Development and Public Policies   
    This chapter discusses the evolution and uniqueness of Singapore’s economic and social policies, from British colony to independent city-state.
  • Chapter 2: Singapore’s Economic Performance   
    Known as one of the four Asian Tigers, Singapore’s stunning economic success is documented here and compared to other Asia-Pacific countries, as well as the United States.
  • Chapter 3: The Singaporean Health Care System: Policy and Performance   
    Singapore’s approach to universal health care represents a departure from much of the developed world in terms of design and philosophy, which shares features of both tax-funded systems, where government is the primary insurer, and social health insurance systems with competitive insurance markets.
  • Chapter 4: Singapore’s Primary and Secondary Education System: The Use of Education Savings Accounts to Fuel Student Achievement   
    This chapter examines the unique features of Singapore’s education system: Its history, its focus on competition and academic rigour, the Edusave Accounts, and how it routinely evaluates not just students, but also teachers and schools for performance.
  • Chapter 5: Singapore’s Income-Support System: One of a Kind   
    The Singaporean social security system is quite different from those of most other industrialized countries, because it largely emphasizes individual responsibility rather than collective welfare. This chapter discusses Singapore’s unique forced saving model—the Central Provident Fund.
  • Chapter 6: Is Singapore a Free Market Economy?   
    This chapter explores the ways Singapore is and is not a market-based economy, where it falls short on liberal democratic values, and discusses what lessons western countries can learn from Singapore's experience.

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