tag:blogger.com,1999:blog-1604477176521753208.post468077741012004933..comments2024-03-14T19:25:05.015+08:00Comments on SAKMONGKOL AK47: Public Debt: Doing the Number on UsAriff Sabrihttp://www.blogger.com/profile/04134536173557859031noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1604477176521753208.post-42393131840099458002012-11-25T07:42:24.653+08:002012-11-25T07:42:24.653+08:00Anon 17:01,
I am very proud of your thoughts from...Anon 17:01,<br /><br />I am very proud of your thoughts from both mind and heart! May Blessings be a constant partner in your life sojourn ahead. wallahttps://www.blogger.com/profile/17580252352785040456noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-28537568997473231032012-11-24T17:01:27.844+08:002012-11-24T17:01:27.844+08:00Sak, Walla in a few days i will be leaving for an ...Sak, Walla in a few days i will be leaving for an assignment abroad, enroute i will meet up with my Malay relatives of mixed parentage whom have brain drained and doing really well professionally based on intelligence and character, known only as Malaysian at last !<br /> <br />Looks like the last Melayu will be coming to pass in a decade or so, caused by Melayu elites' own arrogance and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-40020454859285748362012-11-23T19:43:04.121+08:002012-11-23T19:43:04.121+08:00BN record in 55 years-- RM 600 billions debts ,, ...BN record in 55 years-- RM 600 billions debts ,, plundering n making maaysians slaves-- modern day slaves.. a rich nation of beggars created by who lahAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-49843946418614002752012-11-23T13:14:47.099+08:002012-11-23T13:14:47.099+08:00A mind boggling rm554 a secondjust to pay interest...A mind boggling rm554 a secondjust to pay interest (assuming 3.5% interest on 500 billion)S O L I T A R Ehttps://www.blogger.com/profile/04093028077299812008noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-27872191264432952922012-11-23T10:50:20.285+08:002012-11-23T10:50:20.285+08:00@anonymous 09.23
Why estimate EPF contributions w...@anonymous 09.23<br /><br />Why estimate EPF contributions when its publicly disclosed?<br /><br />http://www.bnm.gov.my/files/publication/msb/2012/9/xls/4.3.xls<br /><br />You're right that they're pulling in an average RM1 billion a month, but that's an average not a constant, and has to be matched between contributions and withdrawals. In other words, liquidity management is hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-72623700964393721122012-11-23T09:23:31.910+08:002012-11-23T09:23:31.910+08:00Someone wrote that ‘as EPF funding of their real e...Someone wrote that ‘as EPF funding of their real estate ventures in the UK are concerned, its just good corporate finance.’<br /><br />This is a standard in-the-box economic thinking. Common, but not necessary applicable to all business. In the case of EPF, this line of thought is doesn’t make sense!<br /><br />There r 1.3M workers contributing to EPF monthly. Let say the average monthly Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-14431048105415480672012-11-23T08:45:18.300+08:002012-11-23T08:45:18.300+08:00Few months ago,CPO having traded to 3 yrs low at 2...Few months ago,CPO having traded to 3 yrs low at 2,180 and having a correction to 2,500,has again dropped to below 2,300/ton.This could be the start of another wave lower to the 2,000-1,750 level.brunonoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-76754929589434239282012-11-22T20:21:50.937+08:002012-11-22T20:21:50.937+08:00the situation is same as many listed companies. th...the situation is same as many listed companies. the compannes gone bankrupt but the former directors are wealthy, one eg is Tiing Peki Kingg<br /><br />Same at country level, high debts at national level but the ministers and family are super wealthy<br /><br />Obviously, those with authority have objective to enrich themselves while company's and national debts are secondary Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-78769221554078981052012-11-22T17:56:19.257+08:002012-11-22T17:56:19.257+08:00Dear Sakmongkol
“When the public complains about ...Dear Sakmongkol<br /><br />“When the public complains about rising public debt, our leaders say they are below the 55% debt-gdp ratio. There are no reasons to worry.”<br /><br />Our dumb minister of finance likes to quote Singapore as an example of a country with a large debt:GDP ratio and is prosperous. Fact: Singapore’s Debt:GDP is 118%. Fact: Malaysia’s Debt:GDP is 53%, just below the OneMalaysiannoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-27950783148237420672012-11-22T17:54:31.268+08:002012-11-22T17:54:31.268+08:00Dato
Today's report about how much we paid fo...Dato<br /><br />Today's report about how much we paid for the speed cameras, just google [Laser Trucam price] and you will find that Ohio state (USA) also paid US$4,995 for each unit. We, on the other hand, paid over RM100,000 per unit!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-44354943168452461142012-11-22T17:18:56.420+08:002012-11-22T17:18:56.420+08:00The reality is that country debts is not governmen...The reality is that country debts is not government's problem as long as it can use them to keep them in power<br /><br />the more the country spend, the higher the chances of getting fat commission and projects to enrich themselves<br /><br />at end of day, the country and public suffers, the retired and former gov who are filthy rich just migrate oversea<br /><br />Greece is one good Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-30512388716289950612012-11-22T16:47:15.010+08:002012-11-22T16:47:15.010+08:00Dato,
Just as a point of reference, Malaysia'...Dato,<br /><br />Just as a point of reference, Malaysia's government contingent liabilities don't appear to be out of line with our peers (bearing in mind its tough to get data on this).<br /><br />Fiscal contingent liabilities rose an average of about 6.5% of GDP in Europe in 2009-2010. Italy (which has the same sovereign rating as we do) has seen contingent liabilities rise 10% of GDP hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-23412666974133031962012-11-22T16:14:56.446+08:002012-11-22T16:14:56.446+08:00Deme saloh dengo....Kawe ghoyak ;
'''...Deme saloh dengo....Kawe ghoyak ; <br /><br />'''it's like fakin in the park, buke wakin in the park....."<br /><br />bangchaqAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-25325713859603640202012-11-22T13:59:41.300+08:002012-11-22T13:59:41.300+08:00Hedge fund billionaire trader Raj Rajaratnam is th...Hedge fund billionaire trader Raj Rajaratnam is the boss of Galleon.He will even poke his head under skirts,blouses and sarongs to look for insider tips.And compare to all his billions,these illegal gains are small change.<br /><br />Now SAC hedge fund boss Steve Cohen is being grilled by the Feds.He was involved in giving the green light to one of the insider trades.Now the Feds has to prove brunonoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-17364343427181404602012-11-22T13:36:53.509+08:002012-11-22T13:36:53.509+08:00Dato,the escalating public debt the GOM acknowledg...Dato,the escalating public debt the GOM acknowledged is what bean counters already know.What the bean counters and the public do not know is how many hundreds of billions,if not trillions the Umno GOM has received from Petronas and how much the Gomen has borrowed from EPF.<br /><br />Even the cash cow workers pension fund called EPF is already pokkai.If the EPF is still flushed with cash,why do brunonoreply@blogger.com