The reason why you parasite can live peacefully here in Malaysia is because of the kindness of the religious muslims, without them the racism will destroy you and you'll not be here today
Here's the evidence
top 5 "sultan johor" @HRHJohorII" yappings: 😭🫵🏻
1. "izinkan saya mengurus kan pasukan kebangsaan"
2. "kami mengenal pasti pemain warisan harimau malaya"
3. "who was in new york?"
4. "entiti luar sabotaj FAM"
5. "MALAYSIA IS NOT MY COUNTRY, IM FROM JOHOR" 😭😂
BYE BYE 🇲🇾
Tak payah la pergi US. There are alternatives these days. I say this as a US graduate and worked for many US companies over my whole career. This days it's just not worth it anymore.
The whole deal about Sapura Energy bailout is this. The rascals who managed PNB, which has mainly the Bumiputra savings under ASB have sunk almost RM4 billion of the depositors' money into it. Now they have their friends in MOF to throw more good money over bad investment!
I think it’s a good time to remind ourselves why the stock market ≠ economy
1. Bursa Malaysia: An Elite Club!
Bursa Malaysia's KLCI is like an exclusive VIP lounge, dominated by a few big players— banks, utilities, plantations. But the real workforce heroes—micro, small, medium enterprises (MSMEs)—are mostly still left waiting outside. Despite making up ~40% of GDP & almost 50% of employment, only < 0.03% of 1.1million MSMEs are listed on Bursa
2. GDP & Corporate Profits: An Odd Couple!
GDP measures Msia’s economic output, while KLCI tracks corporate profits. These two don't always mirror each other. Recall how during COVID, the economy was shrinking but the KLCI was on the up – because rubber glovemakers dominated the mkt back then
3. Stock Market: The Chosen Few?
Barely over 20% of Msians directly invest in the stock market. Sure, EPF, PNB invest on behalf of the masses, but this just highlights the need for cautious planning & investments – especially when it comes to retirement savings
But the question does arise: why do we continue to equate stock mkt performance with economic health?
I recall Milton Friedman telling us fresh grad students at the U of Chicago that this mindset goes back to the Great Depression. The public started associating stock mkt performance with economic health ‘cos there were no reliable economic indicators. And the big crash then left an indelible mark on the collective consciousness
But nearly a century later, we have many more high-quality and real-time indicators of an economy’s health—employment rates, inflation, real wages, google trends etc. etc.—to better gauge overall economic well-being
So assessing economic health based on just stock mkt performance is like assessing your health by just putting your palm to your forehead while ignoring holistic, modernized check-ups
Bottom line: while KLCI is an important financial indicator for sure, it doesn't necessarily paint the full picture of Malaysia's economic landscape:
—> booming stock mkt doesn’t mean all Msians are better off
—> sluggish stock mkt doesn’t mean all Msians are worse off
END/
Bank tak pegang stock paper. Mr. A kena sign contract dulu dengan bank untuk beli paper baru bank beli paper dari supplier. dalam kata lain, bank jual barang yang dia tak ada. Nabi SAW dah larang benda ni 1400 tahun lepas. tapi bank Islam dah tak guna teknik ni lagi.