They (we) have too many elites that are tied financially and politically to the sinking ship. Singapore in particular is not only tied with US financialisation but the whole power structure heavily relies on US/UK-educated elite "scholars" who are tested and handpicked from their teens to follow in the footsteps of Cambridge lawyer Harry Lee (as he was known before entering politics). Although they are known to hedge their bets, the Singapore ruling elite is terrified of any one influence becoming too strong. From independence, the party was a racially mixed Anglicised group designed to curb both Malay and Chinese influence, and they will default to that by instinct. A major shift in world balance of power would embolden both Islamic and Sinophone Singaporeans and upset the PAP's carefully cultivated power bases.
