Aug 072012
A strategic research firm has said that Malaysia is vulnerable to a global economic storm. Martin Jalleh looks at the findings.
Roubini Global Economics (RGE), a strategic research firm, is best known for its founder “Dr Doom” Nouriel Roubini who predicted the collapse of the US housing market and the 2008 global financial crisis. It has warned that Malaysia has the highest exposure to a pullout of capital as its eurozone and US bank claims amount to more than 25 per cent of GDP. Are Najib and BN delivering us into the clutches of doom?
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That is the least of the worry of the morons from Umno !
Their main concern is to grab as much as they can while they can
otherwise with so much natural resources the Malaysia should be the shinning star in South East Asia whereas right now they have to borrow just to survive instead of having billions in the reserve just like their neighbour Singapore or even more.
Where has all the wealth gone to ? In all the foreign bank accounts…!