Siapa kata Malaysia bebankan rakyat? -Anwar
Siapa kata Malaysia 'penyamun'? -Anwar
Semuanya Anwar.
SEDANGKAN NAJIB SUDAH BUAT TERBAIK BUAT KITA!!
Rocky's Bru:
The Economist: Malaysia in better shape now
An accountant to told me a couple of nights ago he was really quite worried about the Ringgit. Seemed to him that in the event of another currency crisis, our country/economy will be hard hit. He gave me a mountain of reasons why the odds are stacked against us - Malaysia - especially. Well, you guys know I don't know much about the ringgit (I know I'm better at spending than saving it, though) or the currency but I remember what happened during the 1998 currency crisis that crippled a host of economies, including our neighbours. Countrymen were killing one another because of the hardships that followed, but not here. We had our own way of dealing with the crisis, so I'm quite optimistic we will survive another one.
Today someone sent me an article ran by The Economist on the risk of an abrupt end to capital inflows, which is now a worry for much of the emerging world. "Bro, the Malaysian economy is not that bad."
Excerpts:
"Many of the emerging world’s bigger economies lie in amber territory. India and Indonesia are already feeling the pressure. Others, like Mexico, have fared well amid recent turmoil: the peso has been roughly flat over the past year. But credit growth and high levels of financial openness are potential points of fragility. Malaysia and the Philippines, victims of the Asian crisis of the late 1990s, are in better shape now. Both run current-account surpluses and have built up a much larger reserve buffer relative to short-run external obligations. Yet credit growth has also been zesty."
The capital-freeze index
Stop signs
Which emerging markets are most vulnerable to a freeze in capital inflows?
Read the entire article H E R E
