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Raid Reserves Give Face to Clown Prince

mscitw

Alfrescian
Loyal
Ex-regent Ah Go Go is a cunning bloke, all the years of living under Old Autocrats' shadow taught him a few tricks or two.

He was recently quoted babbling ambiguous nonsense regarding Clown Prince idea to raid cookie jar. He brag he did not resort to the reserves during the 1998 crisis but gave face to Clown Prince by claiming the rainy days have arrived.

Clown Prince needed the reserves because of two miserable problems. Firstly his wife and father gave the go ahead for the stupid investments in some financial con-shops. The second is the problem of mass local peasant retrenchment.

The country's self proclaimed golden age is based on cheap local, cheaper foreign labor and property bubble. Sad to say, (Foreign Direct Investment) FDI is destined to dry up and silly attempts to bring in 'unnatural' investments while scoring partial successes e.g. F1 created financial blackholes e.g. IRs.

Interestingly when others e.g. ex-Pres Ong floated the idea to use the reserves, Old Autocrat balked and purged all who insisted. However when his son is reigning and the mandate of heaven seems to be weakening, Old Autocrat was able to get every minion and lackey to OK raiding the cookie jar!

Hypocrisy, where art they impartiality? 'Other people cannot, you son can, certainly only in Peasantpore'.
 
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