What makes you think our economy will tank without new foreign talents? Korea, Taiwan, Malaysia, Switzerland and many other countries do not "tank" even though they don't massively import foreigners.

During the financial meltdown, our economy tanked anyway with all the foreigners. (I know someone is going to say it would have been worse without the foreigners.)

Importing cheap foreigners is an extremely easy way to boost GDP. Any country in the world can do it, but there is a heavy price to pay. We are seeing the effects now.

We are sons and daughters of Singapore. How do you feel when your parents replace you with adopted children who are cheaper and faster, but not necessarily better? You run away from home? Or do you try to be cheaper? Don't forget foreigners can retire back to their cheap countries, whereas for us, we can't simply jump ship and migrate. We can only suffer the ill effects of the "booming economy" - high prices, expensive housing, etc.

What do you do?