QUOTE(worgen @ May 14 2013, 10:21 PM)
ah jib kor transformation plan will only drive up the property market.
I was turning bullish the day after GE13 results were announced.
However, this Haris Ibrahim guy makes me worried. He and his group have every intention to use force and not democracy to change the government. If government can be changed via force, what makes us think the new one cannot be toppled via force too?
Quoting from
RPK's article:QUOTE
You may say you don’t like this and you want the Sultans/Agong to butt out. Well, what if they don’t? Do you want to launch a revolution and ‘storm the Bastille’? Remember that His Majesty the Agong is Commander-in-Chief of the Armed Forces while the state Monarchs are Colonels-in-Chief of the different branches of the Armed Forces.
So, who holds the guns? Barisan Nasional, Pakatan Rakyat, or the Monarchs?
And it is the Agong, not the Prime Minister, who holds the power to suspend Parliament and declare an Emergency. And the Agong with 100,000 guns and I don’t know how many tanks behind him will have the final say.
Further, what Anwar Ibrahim plans to achieve with his nationwide rallies? If he does not accept the results, then I have the feeling that we are going to be busy politicking and not doing productive works for the next five years. When nobody wants to do productive works, we will experience a lower GDP growth in the next five years compare to the previous five.
Another point. Does anyone remember when was the last time we had recession? 1998? Aren't we suppose to have recession every 15 years or so? I don't have to tell what will happen to the market when these three things happened together.