singapore’s MM, LKY whacked malaysia
… and i fully agree with him… though of course you’ll hear all those BN MPs coming in to thrash him and say to him "mind your own business!".
here’s what the minister mentor, lee kuan yew (MM LKY) said of malaysia:
You look at Malaysia. The economy. It is one of the wealthiest countries in the region. It’s got oil, it’s got gas, it’s got palm oil. All the commodities it has. It’s also got a manufacturing sector.
But suddenly, it’s trapped in some political-cum-personal difficulties of charges and counter-charges which can only be bad for the economy. I think the KL Stock Exchange has gone down by some 20 per cent. I don’t track it, but I know it’s down.
If you have confidence that this will be resolved in six months or one year, then you buy. If it’s not resolved and it goes down another 20 per cent, then you’ve lost…
But I see all these problems as man-made. It’s not economics. It is lack of a certain integrity in the system that you are entrusted with and you therefore run it properly.
MM lee was saying this in response to the future of the asian region and he had also whacked thailand, apart from malaysia! he said he was dismayed by the recent developments in these two countries.
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