Malaysia economy and others...

Every country in all continents on the mother earth are experiencing financial meltdown, except "Boleh Land"

Our PM and Up coming PM say "boleh Land" is fine, we will registered economy growth for 2009, while the spin doctors in Bank Negara work thru the night to "cut & paste" our country's economy reports.

ValueCAP inc., a special investment vehicle of Khazanah National will gambles our hard earned EPF money to bailout so called undervalue institution to pep up the "Bursa Saham Malaysia". Meanwhile, who is this undervalue intitution remains a mystery. The government will argues that even The US of A also bailout their public institution. Please bear in mind that the US of A bailout private institution which greatly affect the public, and this is only done after gruelling debate and approval by Congress. While our Malaysian version of bailout is for "crony's" company which do not benefit the public. And this bailout decision is made by a single person or collective of beneficiaries. The best part of it is that the bailout amount can be topped up overnight without any valid reason given.

I guessed this is the NEP at its best where businesses are shielded from competition and losses, NEP business are guarenteed to win at all cost, cost which is detrimental to you and me, or the "rakyat"

If a business entity is not subjected to the market forces, this business will not last long and have no place in the globalised economy structure. No wonder Chinese business are so strong and long lasting, because we stand on our own feet.

So now the bailout amount stands at RM 10 bil, if someone needs more, just SMS to Najib.