dreamer101 @ Aug 22 2008, 07:17 PM
cherroy,

One MAJOR difference between the coming recession and previous 2.  We do not have the OIL MONEY to bail out.  In previous 2 recessions, instead of reforming GLC, we used OIL MONEY to bail them out.  So, in the next recession, GLC will be hit badly and the economy will go down with it.

A) How can you teach people that has NEVER work for 20 to 30 years to work in a real world??

B) How can you get people that learn close to nothing in local public university to do REAL work??

I had seen some of (A) from GLC's VSS.  It is close to impossible.

So, I do not believe that Malaysia can recover from (A) and (B).  We will fallen down to an even lower level.

Dreamer
*