'I pity the next generation of Malaysians who will be paying for our past and current culture of ‘entitled' corruption. Wake up or we're done for.'
Alfy: First of all, I don't trust whatever the government announces using its ‘supported' media. Secondly, when they use their own so-called economists, I trust them even less.
Get independent outside financial experts and let them inform us. They will paint the truth, instead of what we are being fed. The thing I cannot ‘tahan' (stand) is the government thinking we were born yesterday!
Temenggong: What Anwar Ibrahim says is true and the economy's been that way since the mid-90s. Obviously, he is being advised by economic experts. Public spending cannot continue indefinitely, and sooner or later we have to address the deficit or risk the ringgit falling.
Besides, the government is effectively bankrupt and relies on oil income even to pay operating expenditure. This is a dangerous situation.
The atheist: Najib Abdul Razak's pronouncement that Malaysia is out of the economic woods is but a smokescreen to hoodwink the unenlightened public and the kampong folks. There is no doubt that our FDI has plummeted, foreign investors are wary because of the racism and unstable political climate here.
Najib should go to the ground and see for himself how average (not BN political plunderers) Malaysians are trying to keep their heads above water. His denial syndrome is not going to fool anyone. Soon we'll be exporting Malaysian maids and manual labourers to Singapore, Vietnam and Indonesia.
I pity the next generation of Malaysians who will be paying for our past and current culture of ‘entitled' corruption. Wake up or we're done for.
Poor guy: Today the economic growth rate of Vietnam and Indonesia already far exceeds Malaysia. Their social activity and intellectual development is also better with the gap between us and them narrowing.
According to an economist who recently surveyed the Philippines, he thinks in 20 years' time, Malaysia can replace Philippines in becoming a world exporter of maids.
Jbss: Yes, Najib is trying to pull wool over the eyes of the rakyat. The KLCI shows increases while the prices of the stocks do not reflect the increases. This is one clear sign of manipulations of the share market to give false hope to the small investors. They become the suckers.
Bullish predictions by pea-brain leaders with devilish political agendas are intended to suck in the small investors who would become the losers in the end. So be warned!
Soapbox: I believe that BN will imprison Anwar. I also believe BN will not kick out Tengku Razaleigh Hamzah. PKR should invite him over to helm the party and Pakatan Rakyat when Anwar is in prison.
He should be able to hold Pakatan together until the general election. Forget about analysing BN's economic data. It's just a waste of time.
Kgen: The government pump-priming is unsustainable. The growth that really matters is private investments and that has fallen precipitously. If even locals have no confidence in investing in the economy, what more foreign investors?
The economy will continue to stagnate because Umno leaders cannot make the connection between a robust democracy which respects the rule of law and economic performance.
Kay Kay: If what Anwar is predicting comes true, it can only be good for the politics of the opposition alliance. Those with money should consider it a blessing in disguise. There are always opportunities where there are problems.
Those who only have their proverbial shirts on their backs should consider going into small trades for themselves. Those who depend on wages will be run out of town by the illegal immigrants.
Umno will never change. Their politics is based on jealousy of the Chinese in business. Hence, they will always be looking for ways to become as rich as possible in the shortest time possible by stealing the people's sweat from the Treasury.
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