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 Bumiputera development/agenda is a scam

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darth5zaft
post Oct 31 2021, 04:27 PM

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QUOTE(DJJD @ Oct 31 2021, 04:06 PM)
This is official wealth

Unofficial wealth?

You can't compare us with US UK due to their very high transparency and low corruption standards.

Just like PRC, our mega rich keep getting richer and richer, but the real mega wealthy is not on any Forbes list but behind the curtain.

Officially our richest local (discounting Robert Kuok who isn't even Malaysian resident) is Syed albar or Ananda Krishnan. Just like officially in PRC it's Jack Ma

But the really wealthy like Xjp, Taib, Bijan, Tengku adnan that is all making their obscene wealth via corruption isn't reflected in any statistics even though they are 10X richer than the tycoons.
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If you look carefully The writer kinda do comparison to china as well.


Selectt
post Oct 31 2021, 04:42 PM

wattttt!!
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already immune
SUSDJJD
post Oct 31 2021, 04:54 PM

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QUOTE(darth5zaft @ Oct 31 2021, 04:27 PM)
If you look carefully The writer kinda do comparison to china as well.
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If YOU look carefully our "official" pattern is the same conjob as China where it looks like T1 and T10 not growing richer and wealth is being shared out but the reality is this is completely false

Look around u, u really believe B40 life is getting better and T10 T1 life is getting worse as what the author claims?

Even Malaysian government agrees B40 life is getting worse and worse
phantomash
post Oct 31 2021, 05:14 PM

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QUOTE(darth5zaft @ Oct 31 2021, 04:27 PM)
If you look carefully The writer kinda do comparison to china as well.
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very naive to only look at the official data.

a lot of the black money from songlap is not recorded.

offshore money is not recorded.

Mahathir being the richest man in Malaysia is not recorded.

whistling.gif
darth5zaft
post Oct 31 2021, 05:20 PM

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QUOTE(DJJD @ Oct 31 2021, 04:54 PM)
If YOU look carefully our "official" pattern is the same conjob as China where it looks like T1 and T10 not growing richer and wealth is being shared out but the reality is this is completely false

Look around u, u really believe B40 life is getting better and T10 T1 life is getting worse as what the author claims?

Even Malaysian government agrees B40 life is getting worse and worse
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Who die and make you the representative of 32 million Malaysians?
Please keep your personal opinion as your own unless you have data to backed your claim up.

The writer only wrote in term of wealth distribution. Also do note the writer are mamakthir economic advisor & this stats are build for PH consumption & decision making if you want to play the tinfoils hat route. In no point that the writer ever claim everyone is now happy & sing kimbayaa.

Inflationary issues due to 2 decades of money printer go brrrrrrrr because of budget deficits as a result of low taxation per GDP at the same time high social services & high household debt level is a different issues.

As for the Chinese, well statistics wise at the time of writing, 30% of Chinese GDP are made up of real estate while 70% of average Chinese wealth is in real estate. And at the time people are busy pumping the bubble up.

user posted image

If not mistaken only 5% of average Chinese wealth are in stock exchange. Of course declining population & NO immigration do help push the average salaries up. Infact in some province if not mistaken they get higher average salary then us despite lower GDP per Capita. One can see that as well in Johor, despite lower GDP per Capita then Penang & Melaka, they got higher average salary.

SUSAccord2018
post Oct 31 2021, 05:24 PM

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QUOTE(phantomash @ Oct 31 2021, 05:14 PM)
very naive to only look at the official data.

a lot of the black money from songlap is not recorded.

offshore money is not recorded.

Mahathir being the richest man in Malaysia is not recorded.

whistling.gif
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the study is meaningless without other data like debt level, public sectors expenditures and where did they all work at(public or private sector?). And black money activities were peaked at that time and everywhere had mini casino.

This post has been edited by Accord2018: Oct 31 2021, 05:26 PM
SUSDJJD
post Oct 31 2021, 05:29 PM

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QUOTE(darth5zaft @ Oct 31 2021, 05:20 PM)
Who die and make you the representative of 32 million Malaysians?
Please keep your personal opinion as your own unless you have data to backed your claim up.

The writer only wrote in term of wealth  distribution. Also do note the writer are mamakthir economic advisor & this stats are build for PH consumption & decision making if you want to play the tinfoils hat route. In no point that the writer ever claim everyone is now happy & sing kimbayaa.

Inflationary issues due to 2 decades of money printer go brrrrrrrr  because of budget deficits as a result of low taxation per GDP at the same time high social services & high household debt level is a different issues.

As for the Chinese, well statistics wise at the time of writing, 30% of Chinese GDP are made up of real estate while 70% of average Chinese wealth is in real estate. And at the time people are busy pumping the bubble up. 

user posted image

If not mistaken only 5% of average Chinese wealth are in stock exchange. Of course declining population & NO immigration do help push the average salaries up. Infact in some province if not mistaken they get higher average salary then us despite lower GDP per Capita. One can see that as well in Johor, despite lower GDP per Capita then Penang & Melaka, they got higher average salary.
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MY research??

Hey wake up la dude

DOSM already telling u since 2016. U know, the official STATISTICS DEPARTMENT from gomen.
https://www.klsescreener.com/v2/news/view/7...n-a-rich-nation

Monthly average income before pandemic in 4 years increased just few hundred ringgit in B40 and now after pandemic back to below 2016 levels.

Guess who are B40? BUMI so clearly all the billions spent not helping them much innit

This post has been edited by DJJD: Oct 31 2021, 05:29 PM
darth5zaft
post Oct 31 2021, 05:38 PM

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QUOTE(DJJD @ Oct 31 2021, 05:29 PM)
MY research??

Hey wake up la dude

DOSM already telling u since 2016. U know, the official STATISTICS DEPARTMENT from gomen.
https://www.klsescreener.com/v2/news/view/7...n-a-rich-nation

Monthly average income before pandemic in 4 years increased just few hundred ringgit in B40 and now after pandemic back to below 2016 levels.

Guess who are B40? BUMI so clearly all the billions spent not helping them much innit
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Lol mr smartpants compared income during Normal periods & during a pandemic.

Off course richfag win during a recession, all gomen all over the world print money & most of it end up in the stock exchange creating a speculative bubble. Guess which golongan have much of it wealth in stock exchange but the downside of printing money is inflation. Guess which segment terjejas due to inflation?

Last time during subprime crisis, richfag see 300% increase in wealth.
Even if we don't print, the fact we are export dependent country @ 77% of GDP mean we get fucked when US & EU print money.


ChAOoz
post Oct 31 2021, 05:44 PM

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Talk so much but a simple policy change that take out “bumiputera” and replace strictly with b40 regardless of race would have solve most of the perceived unfairness.

In the end you know i know why they dont want it to be income bracket based but race based.

No one ever kecoh income tax is or corporate tax is unfair 🤫
TSbigwolf
post Oct 31 2021, 05:55 PM

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» Click to show Spoiler - click again to hide... «

Whenever darth5zaft come in, sure that sohai will derail the subject to timbuktu. Eh hallo, ppl talking about bumi development agenda is a scam, you go n talk about GDP and income inequality for wat la? Mau terjemah kat BM baru paham ke apa? Baca tak paham, u dari SJK ka?

60 freaking years of affirmative policy. 2 generations (or even 3) and bumi, with their majority numbers, still cannot catch up with the minority races? You don't ask yourself where TF it gone wrong? Or was it abused and channeled away to the elite n connected bumis? Nor question why people like jamaluddin jarjis with his 2 billion wealth never appeared in Forbes?

I know you anti non-malays la with your one nation, one race, one culture crap, but ffs, you don't even care even your own one nation one race ppl are suffering?

This post has been edited by bigwolf: Oct 31 2021, 05:57 PM
darth5zaft
post Oct 31 2021, 06:07 PM

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QUOTE(bigwolf @ Oct 31 2021, 05:55 PM)
» Click to show Spoiler - click again to hide... «

Whenever darth5zaft come in, sure that sohai will derail the subject to timbuktu. Eh hallo, ppl talking about bumi development agenda is a scam, you go n talk about GDP and income inequality for wat la? Mau terjemah kat BM baru paham ke apa? Baca tak paham, u dari SJK ka?

60 freaking years of affirmative policy. 2 generations (or even 3) and bumi, with their majority numbers, still cannot catch up with the minority races? You don't ask yourself where TF it gone wrong? Or was it abused and channeled away to the elite n connected bumis? Nor question why people like jamaluddin jarjis with his 2 billion wealth never appeared in Forbes?

I know you anti non-malays la with your one nation, one race, one culture crap, but ffs, you don't even care even your own one nation one race ppl are suffering?
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Ting tong tong tong.
Tin kosong sure bunyi lebih. Isi kosong

Insults banyak, spekulasi kuat, data tarak.

Data mana data?

Here let me tongkat u a bit🤣🤭

user posted image
SUSDJJD
post Oct 31 2021, 06:15 PM

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QUOTE(darth5zaft @ Oct 31 2021, 05:38 PM)
Lol mr smartpants compared income during Normal periods & during a pandemic.

Off course richfag win during a recession, all gomen all over the world print money & most of it end up in the stock exchange creating a speculative bubble. Guess which golongan have much of it wealth in stock exchange but the downside of printing money is inflation. Guess which segment terjejas due to inflation?

Last time during subprime crisis, richfag see 300% increase in wealth.
Even if we don't print, the fact we are export dependent country @ 77% of GDP mean we get fucked when US & EU print money.
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Kepala hotak kau

2016-2019 pandemic apa?

Got open the link or not?

Come add image so u dont konpius macam MP

user posted image

This post has been edited by DJJD: Oct 31 2021, 06:20 PM
TSbigwolf
post Oct 31 2021, 06:16 PM

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QUOTE(darth5zaft @ Oct 31 2021, 06:07 PM)
Ting tong  tong tong.
Tin kosong sure bunyi lebih. Isi kosong

Insults banyak, spekulasi kuat, data tarak.

Data mana data?

Here let me tongkat u a bit🤣🤭

user posted image
*
Kau ni memang dah cacat akal going full retard ke apa? Your graphs showed exactly what I'm arguing about. 60 years of affirmative policy and bumis still can't catch up with non-bumi, and still lagging at the bottom 50%

Correct la my argument. Tak paham lagi? Atau otak kat lutut pun hilang sekali? So where TF did it gone wrong? Or was it abused and channeled away to the elite n connected bumis? Nor question why people like jamaluddin jarjis with his 2 billion wealth never appeared in Forbes?

This post has been edited by bigwolf: Oct 31 2021, 06:22 PM
OlengSam
post Oct 31 2021, 06:18 PM

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Bumi.kasta ada berapa level ????


rafe001
post Oct 31 2021, 06:56 PM

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Voted in PH in 2018, 2 years later BN/PN/MN becum gov thru backdoor
Varezart
post Oct 31 2021, 07:10 PM

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QUOTE
The emeritus professor of economics at University of New South Wales also heavily criticised Malaysia’s New Economic Policy (NEP) which favours the Bumiputera, blaming the preferential treatment for locking the country in the middle income trap.

“Make sure that everyone has good starting opportunities in life, is equipped with access to education. That is very important… I would concentrate on the young,” Kasper said after a lecture in INTI International College here.


Kasper, who once served as an adviser to Malaysia’s Finance Ministry, said that handouts are “the worst incentives” that can be given, as it discourage some people from working and so keep them poor.

Earlier in his lecture titled “Public choice and Prosperity”, Kasper warned against a government monopoly in the education system which could lead to administration of “lazy bureaucrats who are risk-averse”.

https://www.malaymail.com/news/malaysia/201...stralian/829751

Even Australian academics agree that bumiputera makes Malay become lazy. Mahathir also stated, despite Chinese being discriminated, Chinese are more successful than Malay.

QUOTE
“This is our culture. We do not know what hardship is, we only want things to be easy. I have tried to be an example, tried to teach, scolded, cried and even prayed. But I have failed. I have failed to achieve the most important thing – how to change the Malays. The Chinese in Malaysia have no special rights, they experience discrimination. But they are more successful than us.”
https://www.malaysiakini.com/letters/442699
https://www.malaysia-today.net/2018/09/10/m...ger-trust-them/

This post has been edited by Varezart: Oct 31 2021, 07:28 PM
darth5zaft
post Oct 31 2021, 07:19 PM

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QUOTE(bigwolf @ Oct 31 2021, 06:16 PM)
Kau ni memang dah cacat akal going full retard ke apa? Your graphs showed exactly what I'm arguing about. 60 years of affirmative policy and bumis still can't catch up with non-bumi, and still lagging at the bottom 50%

Correct la my argument. Tak paham lagi? Atau otak kat lutut pun hilang sekali? So where TF did it gone wrong? Or was it abused and channeled away to the elite n connected bumis? Nor question why people like jamaluddin jarjis with his 2 billion wealth never appeared in Forbes?
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Kan dah kata bagi tongkat.
Hahahahahaha

Mudah keliru yer?
Besok boleh Amek borang masuk PAS
darth5zaft
post Oct 31 2021, 07:24 PM

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QUOTE(Varezart @ Oct 31 2021, 07:10 PM)


Even Australian academics agree that bumiputera makes Malay become lazy. Mahathir also stated, despite Chinese being discriminated, Chinese are more successful than Malay.
https://www.malaysiakini.com/letters/442699
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Said Koon Yew Yin.
Hahahahahaha


Anyway mkini do usually put out these closet racist supremist article.
Quite a good bussiness model i might say.
Hey you racist supremist, pay me RM12 for the pleasure to jerk each other off in your own racism.
darth5zaft
post Oct 31 2021, 07:26 PM

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Here more graph to make TS blood boils
Afterall I'm a gift that keep on giving

Basically TS baik hati One. He's a kuli that care much about the T1 & T10

user posted image
Varezart
post Oct 31 2021, 07:31 PM

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Try different source from MKini. Statement literally come from Mahathir.
QUOTE
“This is our culture. We do not know what hardship is, we only want things to be easy. I have tried to be an example, tried to teach, scolded, cried and even prayed. But I have failed. I have failed to achieve the most important thing – how to change the Malays. The Chinese in Malaysia have no special rights, they experience discrimination. But they are more successful than us"

The world’s oldest prime minister said among the failings of the Malays is their unwillingness to work hard and having a lackadaisical attitude to their own responsibilities. According to the New Straits Times, Mahathir unleashed his frustration at the Malays – “We accuse others. We accuse the government, accuse other races. When we fail, they are at fault. We are never wrong.”
https://www.malaysia-today.net/2018/09/10/m...ger-trust-them/

Notice that any countries with Chinese it become successful. Taiwan, Singapore and now China also slowly become more powerful.

This post has been edited by Varezart: Oct 31 2021, 07:36 PM

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