Archive for October 15th, 2008

October 15, 2008

Malaysia – A Failed Nation?


This article was written by an UNKNOWN writer and was posted at MalaysiaToday on 11 October 2008 here.  It is very insightful and an eye opener to us Malaysians looking towards 2020 to being a developed nation.  We can’t divorce the politics from the economics of the country as they are so intertwined.  Politics dictate economic policies in Malaysia and so far, we have not been duly impressed with them.  Malaysians anticipate much more from our elected leaders to do the right and best thing for the country.  We keep being hopeful!  But is that all we can do?

Here is the reproduction of that article with some reformatting.  We may not agree with everything written but we can’t ignore the facts either.   Enjoy!

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Malaysia 2020?

Those who started work around 1973, a 1.3 Litre Japanese car was RM7,000.

Today the equivalent, let’s say, is RM60,000 … 8.5 times or 850%

In 1973 a double storey house was about RM 45,000 … or less.

Today it is about RM300,000 … 6.6 times or 660%.

In 1973 an Engineer’s pay was RM1,000.

Today it is about RM2,000+/- … 2 times or 200%.

From 1973 to 2008 … 35 years … what is the Trend?

Bearish !!!!

In a stock market when the trend is bearish, what do we do? …

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