Everybody in Norway a theoretical millionaire from 8 January

Malaysia’s non-commodity Khazanah Nasional, founded in 1993, is ranked 23rd with only US$34 billion in assets

The world’s largest, Norway’s Pension Fund Global, was in 2009 registered with assets worth US$664.3 billion

UAE-Abu Dhabi’s oil-based Abu Dhabi Investment Authority, established in 1976, is ranked second with US$627 billion

At third spot, China’s non-commodity SAFE Investment Company, which was founded in 1997, now manages assets worth US$567.9 billion

Singapore’s 2 investment arms, Investment Corporation & Temasek Holdins established in 1981 & 1974 respectively have combined assets worth US$405 billion despite not having much natural resources.

Even countries like Kuwait, which was severely damaged by Iraq’s bombing and brief occupation, Libya, Kazakhstan, Algeria and South Korea, which were far poorer than Malaysia in the 80s, are all managing their country’s wealth better than Malaysia.

Isnt Malaysia’s economic and financial standing truly shocking? In light of this, can we be sure that the property market can continue to sustain itself in future or are we heading for a collapse the likes of Greece?

Just a thought!

Hmm wat are you trying to say..? That we still should BBB? And prop is affordable or sth else???