UMNO's information chief Isham Jalil has a valid point that we have to resolve micro economic issues first before we can branch out to fix the much larger economic mess that we are in. READ :Kalau ada lima kedai ayam, dua kedai jual harga lebih murah, apakah kedai lain akan turunkan harga, tidak, biasanya kedai yang murah akan naikkan harga.
UNFORTUNATELY for Malaysia, we have a top class MORON as the economic minister, who is hell bent on addressing MACRO economic matters instead. READ : Malaysia berdepan 3 cabaran utama makroekonomi - Rafizi.
Hey mumma
Look at me
I'm on the way to the promised land
I'm on the highway to hell
Highway to hell
THE first two cabaran which Rafizi sites, obviously are lame ass excuses to prepare the nation for the reintroduction of the Goods and Service Tax. I have no issues with this accept the timing of this GST tax could well destabilise the economy.
THE third cabaran which Rafizi Ramli cites is the clearest indication we have that at hand is not a genius boy but a bonafide idiot.
"Kalau inflasi naik dan gaji tak naik selari dengan inflasi, sebab itu ekonomi kita dalam 10,15 tahun lalu, kita terpaksa berdepan dengan cabaran itu (tekanan inflasi yang berterusan dirasai rakyat)," kata Rafizi Ramli.
FIRST of all, historically it has been proven that raising wages have a very minimal effect on countering inflation and secondly there is this crazy guy in Turkey who raised wages and kept interest rates low leading to a total devaluation of the Turkish Lira.
IN, Rafizi Ramli we have a guy stupid enough to drag us towards the Turkish path. We will know by end January, if some how Bank Negara does not raise interest rates than we can safely say that we are now on the highway to HELL.
