Q: The opposition has made great inroads. Are you concerned about that and what are the implications for Singapore?
Lee: If I’m not concerned, why should I be here? As I told you, it’s a tectonic shift which (opposition coalition) Pakatan Rakyat did not expect, neither did BN, and both sides have done their analysis and come to the same conclusions.
I think, in other words, LKY kiasu! After all, Singapore has invested so much here...I guess Singapore has not forgotten her large losses last year from investments in U.S. and European banks. Some of these banks are a century old yet they have gone 'busted'. So, nothing is ever long-term or guaranteed to last - politically or financially.
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