Wednesday, February 10, 2010

Is there any hope??

Ok ni sebenarnye kesinambungan dari entry Perggghhh....
ade yg bg komen thru FB kate kene gak tgk developed n developing...
ok...

kalau cenggitu sile bandengkan dgn developing country...
coz konon2nye kite tgh developing kan??
sile bandingkan...
aku malas nak cari resos...
jgn terkejot dgn result yg korang jumpe nanti...

ni aku kopipes bulat2 dari LYN...


For those who started work around 1973, a 1.3 Litre Japanese car was RM7,000.
Today the equivalent is.... let's say RM60,000.......8.5 times

In 1973 a double storey house was about RM45,000..or less.
Today it is about RM300,000............6.6 times

In 1973 an Engineer's pay was RM1,000.
Today it is about RM2, 000+/-...........2 times....

From 1973 to 2008........35 years......what is the Trend?
Bearish!!!!

In a stock market when the trend is bearish, what do we do? ..Exit !!!
When a country's trend is bearish what do we do?

This Bearish trend is more difficult to turn around as compared to the stock market.

I have used these 3 items: House, Car & Salary as a measurement of the country's performance for the past 35 years....
Foreigners also ask about these 3 items to gauge our standard of living.

There is a book I saw entitled: "Malaysia : The Failed Nation".
Some of you may be interested to read it. I agreed with the writer.....

This morning I was having coffee at McDonald (now the coffee..100 % Arabica beans..is quite good @ RM 2.90....free refill !!
I asked how much per hour is their pay?
RM3.00 x 8 hours = RM24 per day x 25 days = RM600 per month

My daughter works part-time during her University days..she worked at Gloria Jeans Coffee.... The pay?
Australian $14.00 @ 3.15 = RM44 per hour x 8 = RM352 per day x 25 days = RM8,800 ...13.3 times more !!!!!
......Price of houses in Perth is about the same in KL.

Price of cars are about 23% cheaper in Perth.

I think more and more people are becoming aware of this Bearish trend.

Developed country by 2020...means High income country!!

Let's look at some as of year 2005 (Financial Times)
USA GNP per capita US$35, 400
UK GNP per capita US$25,510
Australia GNP per capita US$19 ,530
Singapore GNP per capita US$20,690

These are developed countries by income measurement....
Malaysia 's GNP per capita US$3,540

Year 2020..developed country?
If you compare the per capita incomes of Singapore, Hong Kong, Taiwan and South Korea, they are a few multiples of ours although at independence all these countries were the on the same economic level as Malaysia. We we grouped with them and were called Asia little Tigers. Today all of them have progressed and become 1st World (OECD) except us. We are now compared with second tiered Thailand, Indonesia and Vietnam who also seem to have overtaken us...!

What has gone wrong? We were the rising star of East Asia, a country rich in natural resources with the most promising potential.

Really...a sad story. Worrying Trends, isn't it??

ok aku x amek sume coz ade certain2 part agak sensitif...
aku amek point yg agak penting n kurang sensitif...

ape pendapat korang pas bace mende yg aku kopipes??
heh aku citer pn bkn ade efek pape ye x??
mcm la aku neh org kuat gomen or keje gomen...
ape bley buat...

dah lah...
malas pikir lagi tentang mase depan neh...
stop sampai disini je...
sekarang x byk pilihan...
silap...
xde pilihan...
umpama diluah mati mak, ditelan mati bapak....

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