I am writing my blog now in London, got very inspired after meeting a few of my mentors. While walking around the streets of London, I made some observations and came up with this 'O' level theory.
I realised that there are many universities in London and more universities are being created all over the world. I also observed that there are many more graduates all around the world compared to 30, 40 years ago. If I am not wrong, the universities were created to train managers and supervisors. These managers and supervisors are then hired by corporations and governments to train and supervise workers.
As countries become more developed, there comes a point where there are too many graduates and too many managers and supervisors but not enough workers to do all the dirty jobs. This is why there are many migrants in developed countries like England and Singapore. As I take the train in London, I realised that there are more coloured people than the whites, it's about 10 to 1. In Singapore, you will also be able to see a lot of migrants on the trains. Most government will want to hire their own nationals for political reasons and most corporations will want to hire foreigners because it is cheaper.
Here comes the problems, if the government were to let in the foreigners, the locals will not be happy. If they don't, the corporations will find it challenging to run their business. If the corporations cannot make any profits, they will have to close shop and more people will be jobless, including the locals. Worse still, the government cannot allow too many foreigners with lower education into the countries because they are afraid it may create some social problems. If they don't, they will have a challenge finding people to do the menial work. Looks like we are caught in a catch 22 situation.
Perhaps you could think of a solution for these problems. Whoever can come up with a solution for all these problems will have the opportunity to make a lot of money.
