(picture courtesy of Stockphoto.com)In the past week, it is a really hectic and havoc in the financial markets around the world. Not to mention it is also a heartbreaking week to many investor who lost thousands or even millions in investment with the doom Lehman Brothers.
It is believed that investors in Singapore alone are believed to have lost a total of SGD $ 500 000 000.00. While Many countries in every part of the world was screaming "Recession" Our beloved country still do not have a clue on what is going to happen to the economy in the future.
Our new Financial Minister, NAJIS failed to turn up on the first day of parliment, it is obvious this idiot is trying to avoid harsh question on the country's economy and the recent unveiled 2009 budget. Instead of presenting himself and face the parlimen, Najis preferred to give lame press statement telling the people, everything is in order, country reserve is strong...bla..bla.. while in the background, This Former Minister of Defence was implicated in a Helicopter procurement controvesy, where tender are not called properly and transparent, buying something which is over spec and much much over price at the tuned of over RM 1 billion.
Instead of saving money to counter the declining effects of the world economy, we are over spending it? This is what a so called british trained "economist" answer to our recession.
No wonder we never heard any malaysian screaming "recession". Unlike our Singaporean counterparts where the country successfully recover from the pass financial downturn. Malaysia is still drowning in the past bottomless recession shit hole.
So to malaysian, recession is no big deal, because we are so use to it. "MALAYSIA BOLEH"
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