MALAYSIA, will most likely go to polls before mid November, yet what is starkingly absent is an economic plan for the nation, with no political party thus far willing to provide guarantees on what they intend to do with interest rates.
AS most of us know, rising interest rates are one of the cornerstones of inflation. While Central Banks have the final say on rates, the central Government's policies too, goes a long way in shaping the interest rate debate .
SO why have the political parties who aspire to rule Malaysia been silent on this matter? Perhaps it is because they already know what is in store.
No romance without finance
Oh, you look good to meYour silky words are sweetBut your pockets sure look empty
Ain't nothin' goin' on but the rent
THE latest article on Fortune Magazine ,provides some clues with Dr Doom Nouriel Roubini stating that the US cannot run away from hiking rates for the next 36 months. READ : Dr Doom & the pain that awaits
