Global economic crisis: In denial mode?

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Somehow the government appears to think that the effects of the global economic crisis will have minimal effects on the local economy. Is it in denial mode?

This article by Dr Jeyakumar published by Aliran might prompt the government to think again about and be better prepared for any shockwaves next year.

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SamG

Malaysia heading in the same direction as Greece, Portugal, Iceland & other fragile Euro economy.
Matter of time there is a collapse, fear is that BN Govt will use all our EPF money to prop up our economy.
EPF contributors may be forced to take the money out on monthly pensions

Saravanan

Anil

Don’t forget to watch ‘3 Idiots’ on TV3 tonite at 10pm!

Chronic

Check this blog out, Economics Malaysia , everything is explained clearly there……… tired of hearing nonsense from the laymen point of view.

Phua Kai Lit

Dear Anil Can you publicise this? Thanks! ***************************************************** Dear concerned citizens of Malaysia Invitation to the national launching of the Stop Lynas Campaign Lynas has announced that the Lynas Advanced Materials Plant (LAMP) will be ready for operation in January, despite being rejected three times in their submissions of the permanent waste management and the plant decommissioning plans. At the same time, the government continues to ignore the pleas of the rakyat to cancel this toxic plant that will bring imminent harm to us and to the many generations to come. In these final days of desperation before the plant… Read more »

semuanya OK kot

They just keep repeating the bull about “high-income nation” to con gullible voters. As the saying goes, if wishes were horses, beggars would ride.

PAK MERIT

The Star frontpage today :
RM1.08 trillion outflow from Malaysia (2000-2010, RM150 billion in 2009 alone)

Pikir pikir lah untuk masa depan bila barang naik lagi !

Nur Farhan

As the GE is drawing near, BN has no choice but using its mainstream media (TV and press) to tell rakyat that the Malaysian economy will not be impacted next next year as its transformasi effort will bring results. Unfortunately only primary school children can believe that.

tunglang

Why should there be currency trading, futures trading of commodities (see what happened to prices of oil and raw materials, land grabs for alternative fuel from corn production) and even shares trading irrespective of corporate performances. Actually, these are licensed gambling that governments agree not to ban for the sake of easy tax money. Otherwise, the 1% super richies of the world would find better, meaningful ways to patiently make money yet contribute to job growth for the 99%. Greed is the one main underlying ‘convenient’ factor that make the day for these 1%. And this greed is compounded by… Read more »

Monoloque

General Election aka PRU13 must be held soon so gomen got no choice to continue propagate rosy news (latest free Astro to njoy to pull in more rural votes). Simple as that.
More subsidy, more spending (eg buying jets at LIMA) for short term national euphoria then later new gomen got to “tanggung” the consequences when reality sinks in.
R U STILL IN SLUMBER MODE ? TIME TO WAKE UP & VOTE WITH THE CONSCIENCE FOR YOURSELF (NOT JUST YOUR OFFSPRINGS)