Nowaday, every singles news had denied that Malaysia could be in recession next year. In paper,magazine,tv and all kind of media in gov's side had deny about financial/economies trouble in next several years. Some statement had mentioned that our foundation are stable. Our reserve fund is sufficient to kop that global recession next year.. Do you believe that???
Maybe once, goverment or minister can release some statement to calm down the citizens. But now,each person had concern about economy/financial, why should had them denial of this reality.It's rensposibily to tell the truth...!!
With all comodities index has falling down, this is terrible for certain people those applied that sector. Rubber price plunge worst to 80% in quarted year, palm oil industries also in big trouble include others like 'koko' and else.
For information, MALAYSIA trade portion with United State (USA) is probably 40% of shares. For surely this part can be effected with US new trade policies.As we known, US are in deep trouble now in economies. With influented with 'credit crunch' crisis in couples of month ago. The US gov had cancelled all LO from US GLC to keep value of money in their country. That mean, no more exporter can penetrated US country right now or soon.Electronic,electric and automotive sector are seriously in big risk.
The reality is the whole world is in recession. We just wait to see what our gov can do. If the politician interfere in this matter to save their cronies and 'perut', for surely all of us are risk in deep trouble soon. Actually, for while BN is still authorised in this lovely MALAYSIA, as while their steal the national treasure. The largest public properties pirate!! BN!! So that they need a Denial Syndrom. For us,we just need once to denied them all. PRU 13!!
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