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 I am preparing for Global Recession, Be cash rich

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vincentwmh
post Sep 26 2011, 05:08 PM

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QUOTE(prophetjul @ Sep 8 2011, 10:48 AM)
Thats what happened to U.S............highly geared DEBT...... methinks our paternalistic
attitude of our politics has made it too late to turn around. Just look at the population of
civil servants.........last estimate at 1.6mil.
Our pop is only around 27mil....do you need 1 civil servant to serve 17 people?

next, if our attitude of deficit spending is not reeled in, EPF will be kaput...............

see the thread in real world section
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while we (ordinary m'sian) can plan, prepare, maybe kedukut on ourselves when needed...my worst fear is our EPF went kaput, continue to bail-out (the rich to get richer)..
vincentwmh
post Sep 26 2011, 05:53 PM

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QUOTE(dreamer101 @ Sep 18 2011, 09:09 AM)

What makes you THINK that Malaysia is not on the threshold of collapse??

Dreamer
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I agree with Dreamer, even tho Malaysia is not on threshold of collapse, it will not advance any further, this administration has been leaping backwards since yr 2000;
UNLESS it is willing to administer "ON MERIT BASIS", OMIT all so called QUOTAS; else even the rest of the world's econ is in the BLUE, here Malaysia is still in BLUE-BLACK;
Malaysia is in the making ..where u see the super-rich and the super slump poor.
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