That's a trap.
The more you spend, in short term would boost local economy, but when the time to pay comes, there will be lots of credit defaults.
The US just gone through with it. Lets not go through the same mistake. The more the gomen want you to spend, the less you should spend.

UMNO songlap rich until buy prime UK bungalows.

They won't feel it

sad business is going slow nowadays, i'm scared

best wordplay thread

Ayam makan gaji only and my company business nothing to do with maresia also. Nothing to worry for me.

(Was going to attach a cut and paste article here from a newspaper - a city in the USA going bankrupted?. For some reason, can't find the attach button today).

Saw this today.

Initially, I cannot believe that a city can be bankrupted. But on second thought, a city is just like a company with money in and out

Surprising to see this now as the USA economy is widely seem as recovering (and thus the tappering of QE3). How many cities to follow after this?

Similar thing closer to home here in M'sia? Are we spending more than what we earn as a country?

This post has been edited by plumberly: Jul 19 2013, 01:41 PM

DETROIT

Not true, economy is depending on money value, so Malaysia money no demand but too much supply, so the value go down, same goes with the economy.

No Shit ! Cpt. Obivious !

i still remember 1997.

my neighborhood all kaya2 one kontraktor, business, katering owner etc. my father cikgu cabuk je. see them buy all new toy got shiny bikes play big ass remote control car. after that in 98 one by one move out. they pindah kampung. business cannot sustain. house kena lelong.

kinda sad actually. lucky few dads working government. private not so lucky. heard my frens dad offerd VSS and later goreng CKT in pasar malam.

oh ya i remember pasar malam also slow, no one buying anything.

the situation in detroit is very bad la.. you see those US documentary, school kids sit in bus stop also kena machine gun bullets..

go invest food is good for future economic

Sorry, reply you so late, I just back from Africa

Those who have gone through the economic crisis know what it means, those who doesn't can say whatever they want now, but when the economic crisis hits again, they will know what it means, and how it hits them directly

Anyway, Indonesia's enjoys an increase of 81.9% of FDI in the 2nd quarter of 2013

Malaysia leh ? Ada ?

The crisis may have already started - and by the time it hit us full force a lot of people going to lose everything - their houses, their fancy cars, their girlfriends, everything

In an economic crisis, many expensive restaurants will shut their doors, while roadside stalls selling econimic goreng mee or nasi lemak will enjoy brisk businesses

why go for expensive restaurant?
just make 1 simple and let people enjoy food

example for egg ingredient, only focus on egg on most food and drink.

dai sei to those people

During a crisis everyone cut cost

When everyone is tying their belts tighter, they won't go to restaurant. Instead they will go to places where they perceive as more affordable, like kopitiam, like roadside stalls, and so on

I've been through economic crisis not only in Malaysia, but also elsewhere, and I noticed some similar action people take - particularly on not spending on things that they do not need, and to locate source of everything as cheap as they could find

still got idea to attract people yo
if you cannot think mean you are not an business type

I already give you guys so many hints but if you still think that I do not know what to do when the crisis hits, nvm, for I'll still be the one laughing on the way to the bank

well our argument is nothing...
we have our own way if economy crisis is coming.
because i can see it.