Let me do the thinking!
Malaysia 2020?
Those who started work around 1973. A 1.3 Litre Japaness car was RM 7000
Today the equivalent let's say it is RM 60000...........8.5 times
In 1973 a double- storey house was about RM 45,000..or less
Today it is about RM 300,000............6.6 times
In 1973 an Engineer's pay was RM 1000
Today it is about RM 2000 +/-............2 times....
From 1973 to 2008........35 years......what is the Trend.?
Bearish !!!!In a stock market when the trend is bearish , what do we do?..Exit !!!
When a country's trend is bearish what do we do?
This Bearish trend is more difficult to turn around as compared to the stock market.
I have used these 3 items House, Car & Salary as a measurement of the country' s performance for the past 35 years....
There is a book I saw in MPH bookshop entitled :Malaysia: The Failed Nation
Some of you may be interested to read up.I agreed with the writer.....
This morning I was having Coffee at McDonald ( now the coffee..100 % Arabica beans..is quite good@ RM 2.90....free refill !!.
I asked how much per hour is the watiters/waitress's pay? RM 3.00 x 8 hours = RM 24 per day... x 25 days = RM 600 per month
My daughter works part-time during her University days..she worked at Gloria Jeans Coffee..the pay in Australian $ 14.00 ( @ 3.15 = RM 44 per hour.....x 8 = RM352 per day !!! x 25 days = RM 8800 13.3 times more !!!!! ......
Price of houses in Perth is about the same in Kuala Lumpur
Price of cars are about 23 % cheaper...in Perth.( Australia )
I think more and more people are becoming aware of this Bearish trend. Developed country by 2020?...means High income country
Let's look at some as of year 2005 ( Financial Times )
USA GNP per capita US$ 35400
UK GNP per capita US$ 25510
Australia GNP per capita US$ 19530
Singapore GNP per capita US $ 20690
These are developed countries by income measurement
Malaysia GNP per capita US$ 3540
Year 2020..developed country? Really...a sad story.Worrying Trends, isn't it??Ringgit sliding further and further under BNGan | Jul 8, 08 4:03pm
Recently, I interviewed some fresh graduates applying for jobs with my engineering company. I accepted two applicants on a starting salary ofRM1600. It struck me as odd that 15 years ago, I myself started work as a fresh graduate engineer for the same pay.Indeed, if you compare the salaries of graduates now and 15 or even 20 years ago, you'll find little difference but that their purchasing power is vastly different. It's the same story when you compare salaries of shop assistants, office staff, factory workers and others.To compound the effect of inflation, the ringgit has depreciatedgreatly against all major currencies. The real income of most Malaysians has moved backwards.This is why many Malaysians suffer under the petrol hike. The root of the problem is that our real incomes have shrunk in the face of inflation and depreciated currency..
Malaysians have not been spoiled by subsidy but are unable to move out of the time lock of stagnated and depreciated incomes.If you compare the per capita incomes of Singapore, Hong Kong, Taiwanand South Korea, they are a few multiples of ours although at independence all these countries were the on the same economic level as Malaysia.What has gone wrong? We were the rising star of East Asia, a country rich in natural resources with the most promising potential.The reason is massive corruption, plundering of resources, wastage of funds for huge non- economic projects, anti-public interest deals with politically-linked companies and passing-of-the -buck to the man in the street..Four decades of NEP where education, economic and employment policies are defined by race ensured that meritocracy took a back seat.
Our university standard has declined and the today best and brightest of our youth immigrate to escape the racial inequality only to contribute to the economies of foreign lands.The reputation of our judiciary which was held in high esteem worldwide has sunk so low that foreign investors now insist onarbitration in Singapore in case of any dispute.We also have a slew of oppressive laws such as the ISA, OSA, Uuca and PPPA which stifle free speech and are designed to keep the ruling parties in power.We have become less attractive to foreign investors and now lag behindour neighbours in Asean for foreign direct investment. Even somecorporations who have established themselves here are moving out.All the economic and social malaise cannot help but affect the value of our currency. The strength of a country's currency is after all, a reflection of its fundamentals.Furthermore, Bank Negara has a policy of weak ringgit to help exporters, never mind the burden on the common folk. The government ispro-corporation, not pro-rakyat.While the poor and middle-class are squeezed, an elite group gets breath takingly rich. We have the distinction of having the worse income disparity in Asean. A re-distribution of wealth is under wayfrom the poor and middle-class to a select group ofpolitically-connected elite.The end result of this re-distribution will be a small group ofsuper-rich while the majority are pushed into poverty and themiddle-class shrinks.
This is what happens when the rich gets richer and the poor get poorer.There is much that is wrong with Malaysia. The responsibility for pulling the country backwards can be laid squarely at the door of the ruling regime. It is BN's mis-governance, racial politics and culture of patronage which has seen the country regress economically andsocially.We seem to be sliding down a slippery slope, further down with each passing year of BN's rule. Another five years of BN rule and we'll beat Indonesia's standard under Suharto. Another 10 years and we'll be touching the African standard. What a way to greet 2020.Is there any hope for Malaysia?
Faced with the reality that BN will never change, many Malaysians desperate for change turn their lonely eyes to Anwar Ibrahim.Pakatan Rakyat has promised to treat all races fairly, to plug wastage, fight corruption, reform the judiciary and make Malaysia more competitive.But some have questioned whether we can trust Anwar and his loose coalition of disparate parties..
The question is not whether we can trust Anwar and Pakatan Rakyat but whether
we can afford not to.
Can we afford another ten years of BN's misrule? Ask yourself !
There is a book I saw in MPH bookshop entitled :Malaysia: The Failed Nation
Some of you may be interested to read up.I agreed with the writer.....
This morning I was having Coffee at McDonald ( now the coffee..100 % Arabica beans..is quite good@ RM 2.90....free refill !!.
I asked how much per hour is the watiters/waitress's pay? RM 3.00 x 8 hours = RM 24 per day... x 25 days = RM 600 per month
My daughter works part-time during her University days..she worked at Gloria Jeans Coffee..the pay in Australian $ 14.00 ( @ 3.15 = RM 44 per hour.....x 8 = RM352 per day !!! x 25 days = RM 8800 13.3 times more !!!!! ......
Price of houses in Perth is about the same in Kuala Lumpur
Price of cars are about 23 % cheaper...in Perth.( Australia )
I think more and more people are becoming aware of this Bearish trend. Developed country by 2020?...means High income country
Let's look at some as of year 2005 ( Financial Times )
USA GNP per capita US$ 35400
UK GNP per capita US$ 25510
Australia GNP per capita US$ 19530
Singapore GNP per capita US $ 20690
These are developed countries by income measurement
Malaysia GNP per capita US$ 3540
Year 2020..developed country? Really...a sad story.Worrying Trends, isn't it??Ringgit sliding further and further under BNGan | Jul 8, 08 4:03pm
Recently, I interviewed some fresh graduates applying for jobs with my engineering company. I accepted two applicants on a starting salary ofRM1600. It struck me as odd that 15 years ago, I myself started work as a fresh graduate engineer for the same pay.Indeed, if you compare the salaries of graduates now and 15 or even 20 years ago, you'll find little difference but that their purchasing power is vastly different. It's the same story when you compare salaries of shop assistants, office staff, factory workers and others.To compound the effect of inflation, the ringgit has depreciatedgreatly against all major currencies. The real income of most Malaysians has moved backwards.This is why many Malaysians suffer under the petrol hike. The root of the problem is that our real incomes have shrunk in the face of inflation and depreciated currency..
Malaysians have not been spoiled by subsidy but are unable to move out of the time lock of stagnated and depreciated incomes.If you compare the per capita incomes of Singapore, Hong Kong, Taiwanand South Korea, they are a few multiples of ours although at independence all these countries were the on the same economic level as Malaysia.What has gone wrong? We were the rising star of East Asia, a country rich in natural resources with the most promising potential.The reason is massive corruption, plundering of resources, wastage of funds for huge non- economic projects, anti-public interest deals with politically-linked companies and passing-of-the -buck to the man in the street..Four decades of NEP where education, economic and employment policies are defined by race ensured that meritocracy took a back seat.
Our university standard has declined and the today best and brightest of our youth immigrate to escape the racial inequality only to contribute to the economies of foreign lands.The reputation of our judiciary which was held in high esteem worldwide has sunk so low that foreign investors now insist onarbitration in Singapore in case of any dispute.We also have a slew of oppressive laws such as the ISA, OSA, Uuca and PPPA which stifle free speech and are designed to keep the ruling parties in power.We have become less attractive to foreign investors and now lag behindour neighbours in Asean for foreign direct investment. Even somecorporations who have established themselves here are moving out.All the economic and social malaise cannot help but affect the value of our currency. The strength of a country's currency is after all, a reflection of its fundamentals.Furthermore, Bank Negara has a policy of weak ringgit to help exporters, never mind the burden on the common folk. The government ispro-corporation, not pro-rakyat.While the poor and middle-class are squeezed, an elite group gets breath takingly rich. We have the distinction of having the worse income disparity in Asean. A re-distribution of wealth is under wayfrom the poor and middle-class to a select group ofpolitically-connected elite.The end result of this re-distribution will be a small group ofsuper-rich while the majority are pushed into poverty and themiddle-class shrinks.
This is what happens when the rich gets richer and the poor get poorer.There is much that is wrong with Malaysia. The responsibility for pulling the country backwards can be laid squarely at the door of the ruling regime. It is BN's mis-governance, racial politics and culture of patronage which has seen the country regress economically andsocially.We seem to be sliding down a slippery slope, further down with each passing year of BN's rule. Another five years of BN rule and we'll beat Indonesia's standard under Suharto. Another 10 years and we'll be touching the African standard. What a way to greet 2020.Is there any hope for Malaysia?
Faced with the reality that BN will never change, many Malaysians desperate for change turn their lonely eyes to Anwar Ibrahim.Pakatan Rakyat has promised to treat all races fairly, to plug wastage, fight corruption, reform the judiciary and make Malaysia more competitive.But some have questioned whether we can trust Anwar and his loose coalition of disparate parties..
The question is not whether we can trust Anwar and Pakatan Rakyat but whether
we can afford not to.
Can we afford another ten years of BN's misrule? Ask yourself !
4 comments:
Dear DatOK ZeQ,
I heard at P 44 Permatang Pauh, some acknowledge Barisan Nasional being underdog. Pakatan Rakyat described as Tiger.
Did I also hear "Monkey" being mentioned.
One guy send me this...
Two unemployed guys are talking. One says, "I'm going to become a lion tamer."
The other replies, "That's crazy, you don't know nothing about no lion taming."
"Yes I do!"
"Well, OK, answer me this. When one of those lions comes at you all roaring and biting, what you gonna do?"
"Well, then I take that big chair they all carry, and I stick it in his face until he backs down."
"Well, what if the lion takes that big paw, and hooks the chair with them big claws, and throws that chair out of the cage? What do you do then?"
"Well, then I takes that whip they all carry, and I whip him and whip him until he backs down."
"Well, what if that lion bites that whip with his big teeth, and bites it in two? What you gonna do then?"
"Well, then I take that gun they all carry, and I shoot him."
"Well, what if that gun doesn't work? What will you do then?"
"Well, then I pick up some of the shit that's on the bottom of the cage, and I throw it in his eyes, and I run out of the cage."
"Well, what if there ain't no shit in the bottom of the cage? What you gonna do then?"
"Well, that's dumb. Cause if that lion comes at me, and he throws the chair out of the cage, and he bites the whip in two, and my gun don't work, there's going to be some shit on the bottom of that cage, you can bet on that."
Well, whatever, each of us is a huwmen, The God's creation.
May the best voters win!
zz
PR will win but with so many things happenings, i presumed DSAI will have less majority, but who cares, if he only win by 1 xtra vote?? visit me www.tagged.com/datokzeq ..fuyoohh hot beb??
enough with corrupt BN!
kakluna
YESSSS !jumpaa kat tagged ye
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