Why Singaporeans Are “Poor” and Japan Hoards Trillions @BehindAsia
Why Singaporeans Are “Poor” and Japan Hoards Trillions  @BehindAsia
Uploaded February 2026 | Updated September 2026, 52 minutes ago
If you look at "Net Worth," the average Singaporean is among the richest in the world (thanks to public housing assets). But if you look at their monthly bank balance, they often feel "broke." Conversely, the average Japanese household holds 54% of their assets in cold, hard cash, yet they refuse to spend it.

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Why Singaporeans Are “Poor” and Japan Hoards Trillions

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