nufix
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Yes, but never more than its annual spending power, it has a limit. For how long can singapore cop with the situation is the question they should answer first, if they are looking for a conflict with its neighboring country.Singapore has a big purchasing power.
If you stop selling gas, water, and electricity or commodities to Singapore, Indonesia would lose revenues, and hence your jobs in these industries would take a hit.
The answer is yes and no, yes these industries would take a hit, but did you know that Malaysia is also up in the lining? Not to mention that Indonesia is starting to reduce its export in order to electrify new industrial zones in Riau Province and Riau Islands province. Energy and water are two things that never run out of buyers.
Sure, Singapore would take a hit, too, as it is forced to look for alternatives elsewhere. They might pay a higher prices, but considering their high incomes, they can afford this premium. In the long term, Singapore would develop strategies to replace imports. For instance, today Singapore is very advanced in the water technology, maximizing water recyling, building up water resources, winning fresh water from the sea.
When you want to be considering their high incomes, you should be considering their living cost too. Basic living cost in Singapore is already high.
You have never been into water Industry haven't you? Because if you did, you would know that fresh water from the sea alone will never suffice. And although it is theoretically possible to provide all daily water from the sea, the cost to process the water will be very very, very high. Desalination is a way to provide additional water supply, but never a way, that a country would be totally dependant on in providing water for its daily usages. Importing mineral water is still the cheapest way to provide water supply for daily usages.
in this regard, Singapore is like Switzerland. Both take money. And money itself has no morality.
Now you have indirectly answered your own question. So why should Singapore butthurt when Indonesia insult it? They don't care how many poor people in Indonesia suffer from the corruption, why should Indonesia care for the bombs and what Singaporeans feel of it? (if they had any feelings in the first place).