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Thursday, June 3, 2010

Malaysia could be Bankrupt in 9 Years

While millions of fellow Malaysians are running in circles knee deep in the middle-income trap, Minister Idris Jala breaks the news of Malaysia Going Bankrupt in 9 years. Nice, it would also mean for the average Joes and Janes no amount of hard savings can get you out of the trap.

A thought do comes to mind though... despite all the natural resources, petrol revenues and virtually big natural disaster free advantages for decades we are still in this mess; it does beg the question: Should we instead change the people who balance the ledger instead for a change?

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