Politics aside, do you know how bad Malaysia's economy is now?
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(Courtesy of MyNameIsRayChong) No malaysian should be deprived of this info on Malaysia's actual economy condition. This clip illustrates : - how your granny in her 70s era earn more than a current graduate now - a car in Malaysia cost you double the price an american would pay for his although the american salary is mutiple times higher - a house in the 70s would require a fresh grad 4 years to pay off instalment but today for the same house, it'd take 28years! (US current standard is still 4 years) ... and etc. Minding your own business will not save your rice bowl anymore. So do remember to make your vote count for the next general election.
Comments
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This downgrading of money or shrinking money syndrome is not unique to malaysia but to the rest of the world. And this is in no way interpreted as a sign of fail state. because we will then have a fail world.
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Can anybody update about GST and 1mdb incident?
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we rely so much on petroleum..we should’ve used the gold Dinar as suggested by Tun M.
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An eye opener to Malaysians on the country's economy. The former PM, Tun Dr. Mahathir has said we are heading towards a failed state. Mind you, he had 22 years of running the country. Can we achieve Wawasan 2020 with less than four years time lef?.
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Hmm where do you get the facts that Americans and Australian payment for property ended on average 3 and 6 years. I dont think its true.
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3 million chinese that is, replaced with muslims from filipina, uneducated. nd isis supporters.
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gst is good and malays pay taxes for the very first time with gst.
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malays pay 10%. discount.
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aiming to be first SEA ISIS state.
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heading towards hudud voodoo, syariah towel wrapped bats, and sharia police, nothing else.
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OMG Please Help our Malaysian economy we are getting poorer and poorer please save us
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You cannot compare statistics over a decade apart without accounting for inflation.
Inflation is exponential, and even with a clean government, sound economic policy, and a growing economy, the value of money will halve every 15-20 years. It's maths. It's built into the fractional reserve banking system used to generate money in the modern economy.
When you take inflation in to account, the numbers are nowhere as impressive as this documentary seem to show. -
DAP PROPAGANDA VIDEO..............
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CPF minimum sum of $161,000 multiply by 2,500,000 members is $402,500,000,000 is more than Singapore surpluses of $3billions.
CPF MS of $402,500,00,000 is kept for 10 years from the age of 55 to 65, it will be more than double around $900,000,000,000 before the pay out at 65..........(NINE HUNDRED BILLIONS before we receive pay out of $650/month or $7,800/year).
Average Singaporeans life span is 72, so 72-65=7 years equal to 7X$7,800=$54,600 total payout.
From Minimum sum of $161,000-$54,000 the balance of $106,400 from each CPF member the money will be kept in the govt pocket............
It is indeed a smart move by the ruling party, bravo.
Greece Debt looks even smaller !!! What a way to sucks till dry the crabs for blood.
By the way Malaysia produces 670,000 barrels oil PER DAY ,beside Gas & LPG
EPF is pay by 50-55 in FULL -
You hate malaysia? Deal with it. Politics aside? You get lost from this country. Your another DAPIG member that use autotune in videos so noone recognize you
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Everyone needs to try and vote in every election!
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so much lies in the video.. im not an economist.. but i know a lil bit about economy.. u cant compare salary using gold between 1970 to 2010.. gold moved from $35 to $1,247 an ounce in that period.. and rm4 for one plate of rice? wtf.. rm 4 boleh dapat nasi + daging + sayur.. kalau di kedai melayu.. in mamak rm5..
let say i believe.. how can we solve all of the problem stated? -
this is bullshit
1)plate of rice rm4 wtf? where you eat lol 5 star hotel?
2)AP BN cronies only wtf public tender even I can enter....
3)house expensive from undersupply nothing to do with economy
4)yeah difference is that high? why our gini only 1.08 means top 20% only earns 1.08x bottom 20%
5)SPR is controlled by YPDA not UMNO zzz
6)100k bersih protesters my arse yeah sure 100k people get their asses kicked by 8k police?
this is rubbish -
i agree with the political aside bullshit. this video is from bersih it's anti UMNO. thought i dont like umno also but a video against any political party should not be labeled political aside.
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Politics aside? I say bullshit.
This is why your entire video is bullshit
1) 5% per year inflation (price increase) is normal for developing countries.
2) The reason to protect the automobile industry is to reduce the amount of money leaked to other countries. This helps maintain our GDP. Basic economics.
3) It definitely does not take 6 years or 3 years to pay off a house in Australia and US. These are bullshit numbers. Stop providing fake or biased information. They of course take much longer than that.
4) Smaller houses are normal for developed countries. Look at Japan.
5) Living further away is normal for developed countries. Look at Australia.
6) Using more time commuting is normal for developing countries. Look at Thailand and Indonesia. This is why we are developing the new MRT to cut travel time.
7) If our earning power drops, how is it that more and more Malaysians are buying more and more cars? In SEA, we have the MOST cars per head. Check your facts!
Hey.. I am only 1/3 through your bullshit video.. and most of it is bullshit. Are you working for the opposition? Yes, of course. Stop lying to the public lah :)
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