Pakatan Harapan has come up with very thoughtful and well-researched action plans in place of the election manifesto and with people like Razifi Ramli behind the drive, it is highly that these action plans will not be half-cooked, unrealistic promises by the previous Pakatan Harapan Government under Dr. M. Image source: Kita Boleh
Read More »General Elections 2022: Pakatan’s Action Plan – Positive & Direct Part 1
Malaysia always had a deficit national budget where The Government had always spent more than what it can collect except for the so-called golden years between 1993 to 1997 when the budget recorded a surplus and also low deficit budgets in between. Image source: Trading Economics.
Read More »Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?
COVID-19 pandemic, public funds mismanagement and corruption have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the politicians involved out of their country. One such example is Sri Lanka where the President of the country had fled the country and the country is in a major riot. Image source: BBC
Read More »Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?
The curse with Malaysia is that we never had a good Government that managed the country’s economy well and often hard-earned money is spent on dumb fiscal policies & decisions that are designed to consolidate political powers and this often runs along the lines of race and religion. Just see how Singapore’s Dollar has strengthened against Malaysia’s Ringgit in the last 14 years. Chart source: Trading View
Read More »Economy 101: Pakistan & Sri Lanka Economy Screwed By Dumb Policies & Mismanagement
When Trump won the elections to be the 45th US President in 2017, his mantra that won over many was “To Make America Great Again” and as a businessman and not as a politician, many thought that it can be done. In the end, he turned out to be just another self-centred politician. Image source: AZ Quotes
Read More »Malaysia 101: Stop Thinking Like Self Centred Politician
Venezuela has the largest oil reserves in the world and yet the country is in a major crisis, not only from the aspect of the economy but also socio-political. It has now become one of the biggest economy refugees with almost 4.5 million of its population leaving the country due to economic hardships. Image source: Statista
Read More »Economy 101: Venezuela – Lessons Learned, Spoon Feeding Failure
(News snippet – It is indeed a tragedy when an infant dies due to another road user who cared less of the safety of others but other than feeling sad & saying our condolences, what we are doing to ensure another person does not die in the same manner? Image source: the Net)
(The very little money that we earn should be spent only on the essential items but their prices must be reasonable. The same goes for the Government who has access to limited taxpayers money. It should be spent on development and not on some fancy projects or subsidies. Photo by Karolina Grabowska from Pexels)
Read More »Economy 101: The Small RM0.05 Increase Of Essential Good Price
(The old palace is already looking majestic and we have already spent millions on it but we went ahead to construct a new palace. We end up looking like dungus but what the heck, we been in that situation before. The new palace looks good on paper but the volume of abuse and mismanagement of funds to build it makes the whole affair end up looking too ugly. Image source: Tok Ey Ai)
Read More »Malaysia 101: When Taxpayers’ Money Hits The Palace’s Fan