Friday, September 19, 2008

absurdities


"The Kuala Lumpur stock exchange has lost almost one-fifth of its value this year to date. Malaysia's currency, the ringgit, saw its biggest one-month loss last month since the end of the dollar peg in 2005. Although GDP growth has averaged a robust 5% annual growth under Abdullah, that record is now under threat. Inflation reached a record 8.5% this summer. Job creation has reached record lows, as unemployment, particularly among young majority Malays, remains high."

at one point abdullah believed our economy was getting better. for a while it seemed like it was true. i never bought that.

now anwar believes he can reduce oil prices. for a while it seems possible. do you think i buy that?

just observing.

3 Comments:

Blogger Miss Aida said...

While I don't buy everything 100%, you're more cynical than most.

I don't think oil prices will be reduced per se, but the world trend is already leaning towards oil prices being reduced for consumers slightly, (if the trend in Australia is anything to go by), so I think it might just be a situation of predicting trends.

I think either way, the rakyat's been jerked around too much by the ruling party, and I think a change (perhaps, any change) might be a good thing, even if it is just to shake up the government a little bit.

23 September, 2008 22:13  
Blogger Izyan Izzaty said...

the only thing that we can do actually is just wait n see..
btw, nice one, being cynical yet its true.

24 September, 2008 02:30  
Blogger (nothingness) said...

i dont think i'm being cynical - it's not untrue that oil is running out. btw oil price went up $16 last monday, the biggest one day jump ever i'm told. prices fluctuate, and for politicians to promise something they can't control is preposterous.

but hey, politicians only say what people want to hear.

24 September, 2008 05:41  

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