Wealth does not last 3 generations.
Destiny can change within 1 generation.

People still got money buy 1 million dollar house.

I also share such vision, but originally from my own insight.
Last time when I shared such vision I was labeled as some communist/socialist.

I think the Zeitgeist movement works because it sounded scientifically/technologically efficient, although the main driving force is about sharing/equality.

you are quoting cliches

try saying something that is original

wealth does last for many generations - wealth, in terms of knowledge

the jews have it

the cainis have it

the japanese have it

but there still have a disadvantage too

people tend to be lazy, and only depend a stronger and hard-worker.
and more go on

socialism does not work

capitalism is the most effective system there is - until some other new thoughts (not half baked ones) emerge

one will work when one is hungry

one will work very hard when one has an urge to go ahead

but if you feed someone without having that person to do any work, do you think that someone will want to work?

malaysia is filled with a special type of "without tongkat kenot do anything" kind of people (i do not mean the meleis, i mean the arm no pu te ras) --- they are well fed, they are well clothed, they are well sheltered, and they do not have to work hard

day in, day out, they demand more and more tongkat

This post has been edited by ash tray: Jul 3 2013, 10:35 PM

As long as you really understand my message is already good enough.
I can be 200% original if I wanted to but so what?

Yes, such vision can only work perfectly IF everyone (100% of everyone) is effective and effective or at least have the initiative to be as effective and efficient as possible PLUS with a caring heart.
Such vision/system would not work if the population remain lazy, couldn't care less, don't give a damn, parasitic, selfish, etc.
It's too bad that human nature is like this, and thus needs to have hell and chaos as forced evolution.

malaysia still a good place to do business

petrol is cheap
food is still cheap compare to other countries

rental still ok

but the only setback is the competition
too many player will make the pie split and only those strong
in financial background will survive

retail market still booming, fmcg even already up prices but still a lot of people buy, new malls still keep coming up
new condo still keep launching, bank still give away loan
so where is the bad things?
the only bad things is bad debt and bankcruptcy

maybe it will take malaysia another 5 years to see any new slowdown

every year we hear people say slowdown
but i keep seeing people owning more and more properties and changing new new car

so where is the slow down

onlY people TALK COCK ONLY

unless we see a lot of people shut down business
no more old town paparich or new mall
no more anchor tenant and so on

this is my 2 cent

Free capitalism was a evil scheme no different from running a casino.

It never works because the system is subjected to corruption and concentration of power to those who rule a country.

Why do you go to a casino and the operator has no fear of you bankrupting his place?
Same goes to the stock markets and other investment schemes.

Free capitalism promotes corruption that allows the strong and powerful to take advantages of the weak to become even richer unless everyone has an equal footing.

Shopping malls and high end restaurants still doing quite well in KL.

Gold price crashed, but GOLDsmiths sales boost up 50%.

Still a lot of people queue up to buy medium high range properties (until need to ballot)

if this vision work! we all can focus on studying or experiment some other useful stuff for human. example like how to handle a nature disaster, creating a new world, make earth more nature.

for me money is evil in human mind, i use to hate money but no choose have to earn for survive my life

1. without competition there is no motivation for ppl to innovate

2. stop thinking inside a little box --- get out of it

the pie is not a zero-sum game

it can be grown bigger

If human nature is selfish and evil, all system will be abused and corrupted. No system no matter how good will be save.
If human nature is selfless, caring and kind, no system whatsoever is needed.

anyone who been through the 1997 crash can attest to the fact that high end restaurants and shopping malls were among the first to suffer during an economic downturn

without excess money ppl won't go eat in expensive restaurants

when the money become tight, ppl will tighten their belts and will think of ways to save money

we do not know how bad this economic downturn will be, but many business people are starting to prepare, for the worst

99.9999999999% of any human's lifespan is used on doing things for oneself

when you get hungry, will you go feed someone else or will you feed yourself first ?

when you are cold, will you put more clothing on yourself or will you give the clothing to other ppl ?

if you see a leng loi, and like her, do you think of "how I can get her" or do you think of "how to get that leng loi for my best friend" ?

if you see someone taking your money, do you stop them from doing so, or do you tell them that, over there, i got even more money, please enjoy yourself, go get more ?

if your taukeh business is bad, small time SOHO traders like us in LYN are worst hit.

this is the problem

those that have been thru 1997 crisis
they will just be conservative, and save cost and wait for the crisis to arrive
we have been talking abt this from2008 till now
every year we also said be conservative and let hope that we guess right

on the other hand, there is oppoturnity lost as they didnt invest for future
the fresh people come in with innovative idea and lack of 1997 crisis influence , will do a lot better

so for me i think never think economy slow down or not

buy something that is low
sell something that is high

every economy whether crisis or non crisis there r a lot of opputunrnity

lmao good luck in life bud

a weaker currency ESPECIALLY helps weaker (ones which depend on basic goods) economies. if you export homogenous commodities, and you quote your prices in a weak ringgit, arbitrageurs will make sure that you capture that demand.

hell, even the us and china are still poking each other about currency rates. when the top two economies care for what you say is a 'crutch', then either all the economists and economic planners from china and the usa or you, someone has to change their views.