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Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

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?

Economy 101: Pakistan & Sri Lanka Economy Screwed By Dumb Policies & Mismanagement

Economy Currency Sing Dollar Malaysia Ringgit

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