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Our PM is also our Finance Minister, just in case you forgot
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cks2k2
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 Aug 14 2013, 08:27 PM
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QUOTE(sgwc @ Aug 14 2013, 08:22 PM) I don't mind us having low rm value than any other currency. Maybe gomen is focusing more on exports than imports. What worries me is our debt to gdp ratio. Almost 55% edi. Gomen can no longer borrow from the public so this indicates that we're going to have gst implemented. the 55% thing is really just a govt created limit, which they can extend if need be. |
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cks2k2
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Aug 14 2013, 09:16 PM
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QUOTE(TheMasterDebater @ Aug 14 2013, 09:01 PM) If Anwar now PM... things wont turn out this way  lol anwar wasn't even great during his time as finance minister |
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cks2k2
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Aug 14 2013, 09:18 PM
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QUOTE(Seager @ Aug 14 2013, 09:17 PM) Definitely not any worse than the current though  daim was the best. too bad he is really retired this time. |
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cks2k2
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Aug 14 2013, 09:36 PM
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thinking that economic strength depends on currency exchange rate  |
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cks2k2
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Aug 14 2013, 10:01 PM
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QUOTE(dotadellpro @ Aug 14 2013, 09:54 PM) Isn't our industries is mostly low wage & low tech category? They can grow, but it seems as a country we aren't growing. we're having problems moving up the value chain. |
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cks2k2
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Aug 14 2013, 10:32 PM
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QUOTE(ManyGer @ Aug 14 2013, 10:12 PM) Do u know keynesian economic fail in long run without real demand and a way to cover the expenses ???.... e.g. how do Obama stimulus spending result into ??? http://www.forbes.com/sites/briandomitrovi...keynesian-ever/ah forbes they've never been fans of keynes or democrats |
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cks2k2
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Aug 14 2013, 10:35 PM
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QUOTE(ManyGer @ Aug 14 2013, 10:33 PM) no... our major industry is service not export.... our major export is is petrol and palm oil (which demand dropping),... we even need to import our necessity where our agriculture industry can't sufficiently supply,.... unless our service industry provide to global demand... weak ringgit is not good news... what type of service, may i ask? |
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cks2k2
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Aug 14 2013, 11:18 PM
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QUOTE(danabu @ Aug 14 2013, 11:17 PM) SO u are saying after GST implement, RM will go up? I will only give Big Mama consultancy fee. Because she enlighten me with the power of saving.  U.....   lol i cant brain how u connect gst with RM going up |
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cks2k2
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Aug 14 2013, 11:21 PM
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QUOTE(empyreal @ Aug 14 2013, 11:19 PM) the relation is slightly complicated, but yes, rm will go up with gst. i dont know, i think they'll want to keep it low for as long as possible. |
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cks2k2
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Aug 16 2013, 09:12 AM
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QUOTE(Clement1001 @ Aug 16 2013, 12:14 AM) i really don't think our PM are fit to be position as Finance Minister ! he might fit to be a leader Prime Minister , but 100% sure hes not a finance guy !! so please step aside for pros, with proper background and portfolio ! pleaseeeeeeeeeeeeeeeeee  najib studied econs anwar studied malay studies so by your logic... |
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cks2k2
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Aug 17 2013, 01:20 AM
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QUOTE(dotadellpro @ Aug 17 2013, 01:18 AM) Anwar could open up back the Finance Ministry. Only Mahathir made it that PM = Finance Minister as well. we have 2 FMs right? FM1 is PM, FM2 is the one doing actual work |
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cks2k2
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Aug 17 2013, 01:24 AM
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QUOTE(dotadellpro @ Aug 17 2013, 01:21 AM) So no issue there.  I heard DAP got many people study economics and account certain quarters may not be comfortable with DAP running FM. |
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