THE bulk of the blame should be borne by public servants and cabinet ministers, that haven't contributed much in a positive manner.
CONSIDER, the following, Bank Negara said in May READ : The economy will reach full employment status this year, which means spending among households will continue to hold up.
CLEARLY, the Bank Negara Malaysia Governor's reading of the economy is embarrassingly flawed as the raw data shows and then further suggest READ : Malaysian Exports were actually down in the first four months of the year by 2.6 per cent and consumer spending poised to come down in the current quarter
0R how about Razifi Ramli's lazy and irresponsible statement that READ : The Government Does Not intend to To Make Changes To Growth Forecast.
WE may may have to make changes to our National budget though, because READ :The national Budget was based on Oil Price trading at US$80 a barrel
OIL price are well below the US$80 a barrel level now, and some say it could READ :Head towards US$40 a barrel on a worst case scenario.
ANWAR Ibrahim is just one man, who has not only single handedly taken the political fight to Muhyiddin Yassin and PAS, with very little help from his ministers.
HIS ministers, I gather are expecting for the Prime Minister to rescue the economy HIMSELF.
IF the economic minister cannot help the Finance Minister, then it is better to make way for others who can.
RAFIZI Ramli, has been a disappointment as Economic Minister, while his simplistic statements suggest a very flawed understanding on issues that could re-emerge such as the financial crisis of 1997.
ACCORDING to Rafizi Ramli. READ : Ringgit depreciation against dollar due to uncertainties in US.
THERE are ample reason, validated with proof using the READ : Evidence from Logit Estimation that is far from the truth.
IT crashed because we PANICKED . And why did we PANIC? Because we were not prepared for it.
RAFIZI Ramli, no one plans to fail as a minister, but I reckon they often do, because , they fail to plan.
GOING by Rafizi Ramli's misguided take over the crisis, I am not surprised at all that READ :RHB Research expects the Ringgit to slump to RM4.90 to the US Dollar.
