|
Fellow citizens, don’t listen to the Badawi regime’s fairy tales. Prepare for the worst and the worst is yet to come. You owe it to your family. The best way to save our family and our country is to be prepared for all eventualities. We must tighten our belts, save for the stormy days that will surely come and not spend, spend as advocated by the Badawi regime’s ministers.
By Matthias Chang Flip-Flopping Fairy Tales - Malaysia Will Not Have 3.9% Growth In 2009 - Accepting Reality Is Not Pessimism, Giving False Hopes Is Not Optimism. Let’s put some money in our mouths. In the past I have challenged those who disagreed with me, that if they can prove me wrong, I would gladly pay them a RM5,000 cash reward. There were no takers. None could prove me wrong! In the past few days, the mass media have gone out of the way to interview politicians and the Governor of Bank Negara to project a rosy picture that somehow our economy will overcome the severe pain and disruption from the on-going global financial tsunami. I am willing to take on anyone from the Badawi regime and Bank Negara that by H1 of 2009, the KLCI will drop below 700. If I am wrong in my analysis, I will pay the first five individuals from the said Badawi regime and or Bank Negara the sum of RM5,000. These five individuals must within a week register at my website that they are willing to take me on in this challenge. They have to provide their full name and address in accordance with their NRIC/MyKad and their designation. If they lose to me, they must pay me the same amount! Fellow citizens, don’t listen to the Badawi regime’s fairy tales. Prepare for the worst and the worst is yet to come. You owe it to your family. The best way to save our family and our country is to be prepared for all eventualities. We must tighten our belts, save for the stormy days that will surely come and not spend, spend as advocated by the Badawi regime’s ministers. Use common sense. What do you tell your children as responsible parents when the family is going through hard times – spend, spend, spend or be thrifty, thrifty, thrifty? Remember the flight safety rules when flying – when the oxygen mask falls from the overhead compartment, you are to wear the mask first before attending to your children. If you cannot save yourself, you are not in a position to save anyone. This is a fundamental principle of survival for everyone when a plane is about to crash! Apply the same principle to economic woes and we will all be saved. Here are my warnings for 2009: By 2nd Half of next year, the automobile industry will go into a tailspin and suffer massive losses. By 2nd Half of next year, credit card debts will soar, credit limits will be drastically reduced (worse than 1997/1998) and interest rates on outstanding will increase sharply. It is already happening! By 2nd Half of next year, shipping rates will drop drastically and this is also happening. Our ports and shipping companies will suffer. Continue Reading Here
 |
The Blogs 
