TS,
1) Your source is from a web site that the main business is property loan. Now, if the economy is going to hell and property market is going to crash, would you EXPECT this source to tell you?? Of course not. It will be out of business.
2) When the oil price was at record high during 2012, THE GOVERNMENT increase its debt at 40 to 50 billions. THE GOVERNMENT is expected to increase its debt around the same amount at 2015 if the Oil Price is at high level with GST. THE QUESTION back to YOU is this, what do you THINK THE GOVERNMENT will do NOW
A) Increase more taxes
B) Cut spending SUBSTANTIALLY
C) Increase DEBT at even higher pace.
A reasonable person will believe that (A) to © will happen together. Now, if that happened, what will happen to the ECONOMY?? Please noted that 50+% of KLSE is owned by THE GOVERNMENT, GLC, and GLIC.
This ship is sinking fast. If you do not know this, it is TOO LATE for you.
https://forum.lowyat.net/topic/3374996
Dreamer
Falling Oil Prices - Where it leaves Malaysia, Not too bad afterall
Jan 14 2015, 09:51 PM
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