Learn how to be "happy but true". 

The major fear is always public debt especially for Malaysia that economy has big chunk contribution that come from gov, as well as plenty of big GLCs.
A 1.5 million gov servant is a major economy force (in term of spending power that drive the economy).
Somemore gov budget is in deficit situation, means more debt needs to be raised to service the old debt.

Corporate debt if earning money, aka corporate is making profit, no issue of repayment. A debt that can make a profit is a good debt.
Household debt, if the person is earning income that can support the repayment, no major issue.

That will explain y rich got riches and poor got poorer.

Thanks Bro, We hope for the best and prepare for the worst.

Strong are those retiring with fd but being call by uuu waiting at home. These strong never said they are rich. They call themself 'not poor'

Weak are those flipper with high debts but told everyone they are high income n rich.

Sorry, I didn't make it clear.

I meant to learn to swim with the riches. Tikaram boss is ready, so do many dead chicken pickers here.

Strong are those retiring with fd but being call by uuu waiting at home. These strong never said they are rich. They call themself 'not poor'

Weak are those flipper with high debts but told everyone they are high income n rich.

I m sure there are a lot more actions goverment can take if they intended to pull down the properties price...i just dont understand why they wanna hurt their own butt after spending billions to improve the infrastructure in kv...

Every company should have someone responsible to collect debts to maximise cashflow and not with the purpose to make the customer bankrupt.
Pulling down the prop price do not benefit the bank, gov and economy. It may not benefit you as well. Dont be so naive that you can pick the dead chicken when market crash. Most likely u will also lost your job and bank not willing to lend u money.

Ohh...mb election vows or project take money..

MRT actual cost say 100 billion but report to parliament 200 billion.. this is call creative accounting.. 200 billion out.. 100 billion paid MRT another 100 billion masuk poket..

I tink one should be clear:

auctionning your unit = economy downturn?
you are equating yourself to economic health?

it could be a case of:
auctioning ur unit= overstretch case
auctioning ur unit= wrong investment  say saville meant for own stay but you tink investment and grab 2 units
auctioning ur unit= coz you yourself has credit problem..

Strong r those who liquidated and waiting. Liquidity is drying up fast.

The more you dig (know), the less confidence you are, the higher the chances you migrate.
I like my country, die die must stay here

BBW, hv you been in auction scene before? Can you secure a good location property with 20% below mkt price?

BBW, hv you been in auction scene before? Can you secure a good location property with 20% below mkt price?

The more we understand the economy, the more we confuse...

it is better to be a bit 糊塗.

The more we understand the economy, the more we confuse...

it is better to be a bit 糊塗.

So hsbc bank hiring oxford cambridge smart guy to understand the economy are waste of money. This is not 70's 80's lo.

So hsbc bank hiring oxford cambridge smart guy to understand the economy are waste of money. This is not 70's 80's lo.