Thursday, October 9, 2008

The world crumbles while they fight for the crumbs

With the world economy now in a very bad shape, the leaders of Malaysian government are now fighting against each other for a place. Sigh. That is really greed.

First and foremost, the price of petrol. While the global oil prices are now around the mid to high USD 80s, we are still paying the same price for when the price was at USD 110. Only empty promises of the price decrease. The government move swiftly whenever there are something that is bad for them but never do so when it is good for the citizens. While they are fighting, we are paying and they are making money. I am getting tired of doing the calculation now.

Secondly, the equity market is in a very bad shape now and all our ministers can do is tell us that eveything is ok. Everything is not ok. If there are no steps taken (concrete steps with proper planning), we may end up being bankrupt like Iceland. While they are fighting, the stock market continue to crash.

Thirdly, non of our university is even in the top 200 university ranking. So how does this reflect on the quality of education of the country? Maybe none. There is no quality at all. We are a whole lot of not so educated people here who thinks they are educated. No wonder they are still fighting. That's because they do not have the intellect to stop fighting and fix things.

Fourthly, while our currency continue to lost its value, we are getting poorer by the day. It may be good for the export figures. I wonder why our export figures are so good. Maybe it was because someone out there reduced the value of the RM to make the figures higher. However we are also dependent on other nations for goods. So while they are fighting, our money becomes toilet paper.

Fifth but not last, is the inflation keeps going up and economy stagnation continues. Foreign investment continues to flow out and jobless figures will go up. Maybe some of these jobless people will find a job in the public sector and government will foot the bill. But there will be less tax payers. So how much money does the government have? While they are fighting, people are suffering left, right, front, back, up and down.

The list goes on and on.

Keep fighting when you're finished, you may not have what you wanted.

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