Saturday, December 6, 2008

Great Minds Think Alike Only Fools Differ

Hantu Laut

Good luck to Malaysia.Time and again we hear this beautiful sound of music on the state of the economy.

Now, RM7 billion is going save us from going into a recession.How much is RM7 billion and how far can it stretch, which part of the industry and service sector will get the boost from the allocation?

Second Finance Minister Nor Mohamed Yakcop is confident Malaysia will not be in a recession.I sincerely hope so but don't think so.

The Americans have used many economic medicines yet they have not seen their effort bearing fruits yet.Malaysia must have many excellent economic planners better than those in the West to be able for certain provide an instant formula to avert the global recession.


You can read the bullshit story here and Anwar Ibrahim talked sense here

Read the beginning of our trouble here and here and here

7 comments:

Anonymous said...

Hantulaut,

There is another trick - the acrobat of trade numbers.

Bet yr last ringgit that this art of numbers jangling will play its full part.

Reality be damned!

gwlnet

kittykat46 said...

This morning I got a call from a friend who just got retrenched yesterday. He got paid the minimum retrenchment benefits stipulated by the Employment Act. After 9 years with the company, and plenty of financial obligations, kids still in primary school, he's out on the streets.
The prospects of getting another job right now are not great...

Gentlemen, the Recession Train is just starting to move out from the station.

I'm sad to see even a respected professional like Zeti Aziz is being roped in to sing the "Malaysia No Recession" chorus.

SM said...

HL,

I'm shocked! You mean we could actually be going into a Recession? BUT, our PM in waiting, Rosmah, er sorry Najib said that we are alright, due to our sound & clever Fiscal policies.
You mean she, er he lied?
Could it be that all those things he said about our Economy & the Submarine deal & Razak Baginda & Altantuya could be lies?
No lah...he would not lie.
Our Economy is going well lah, plus we are looking at "how many %" growth next year?
This is "Boleh Land" lah...come on...!

Hantu Laut said...

anonymous,
Time will tell who is correct.

Hantu Laut said...

kittykat46,

So far my predictions have not been wrong.I hate it but we have to be realistic, the picture not looking good.

Hantu Laut said...

SM,
I like your sarcasm.Yes, with Najib in control there wouldn't be any recession, don't know, he may have a special formula, a bomoh's brew.

Anonymous said...

Wasn't there the story Naj (or was it Dotty) uses a Hindu priests's brew ?
More powerful than Bomoh.