4.5% Growth? What About Our 25% Drop In Reserves?

By Eyes Wide Open The government announced a 4.5% economic growth for the last quarter. This is immediately hailed in all the MSM as a recovery for Malaysia due to the success of the government’s pump priming. Really? Consider this analysis published in the Asian Sentinel: ———————— Malaysia’s Disastrous Capital Flight Written by Our Correspondent … Continue reading

“Najibnomics”? Puh-leez!!

by Eyes Wide Open Yesterday the Star proudly carried this story: ————— Case study on Najibnomics KUALA LUMPUR: The Harvard Business School in Boston will undertake a case study on Prime Minister Datuk Seri Najib Tun Razak’s courageous and bold initiatives to tackle the financial crisis. The case study, to be used as a subject … Continue reading