[Video] - Bolehland makcik youtuber says Mahathir destroyed Bolehland

[UltimaOnline]

 

[UltimaOnline]

 

[ChristJohnny]

Never to late to realize. Dr. Mad was PM at the right time. Malaysia started at low base ... thus it seemed that there was growth. However, every country has their own limiting point.

Example
Sub Sahara countries - GDP per capita of less than US$5000. Beyond that is quite impossible unless plenty of resources and small population. (aka UAE, Qatar, Saudi, Brunei etc)
Malaysia - Limit is around US$13000/per person GDP provided that the Chinese population is still around 20 ~25 %.

During last few years of Malaysia rule, Malaysia had been stagnant. So whoever becomes PM during Dr. Mad period will be "successful".

Race and IQ

 

[k1976]

https://www.wsj.com/articles/SB904744407107097000

Locktor M biggest contribution to Jiuhu

 

[k1976]

https://www.google.com.sg/amp/s/for...ing-jerome-powell-federal-reserve/amp/?espv=1

This is the billion dollar question... If jiuhu can boleh tahan thru 2023-24

 

[k1976]

https://www.google.com.sg/amp/s/www...024-will-be-a-year-of-contraction.html?espv=1

A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024​

PUBLISHED TUE, JUN 27 2023 6:39 AM EDTUPDATED THU, JUL 6 2023 5:37 AM EDT

Elliot Smith
@ELLIOTSMITHCNBC
WATCH LIVE

KEY POINTS

• In its midyear outlook, the British banking giant's asset manager said recession warnings are "flashing red" for many economies, while fiscal and monetary policies are "out of sync" with stock and bond markets.
• Along with China, HSBC believes India is the "main macro growth story in 2023" as the economy has recovered strongly from the Covid pandemic on the back of resurgent consumer spending and services.

 

[k1976]

The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC Asset Management.

In its midyear outlook, the British banking giant's asset manager said recession warnings are "flashing red" for many economies, while fiscal and monetary policies are out of sync with stock and bond markets.

 

[k1976]

Joseph Little, global chief strategist at HSBC Asset Management, said while some parts of the economy have remained resilient thus far, the balance of risks "points to high recession risk now," with Europe lagging the U.S. but the macro trajectory generally "aligned."

"We are already in a mild profit recession, and corporate defaults have started to creep up too," Little said in the report seen by CNBC.

"The silver lining is that we expect high inflation to moderate relatively quickly. That will create an opportunity for policymakers to cut rates."

Despite the hawkish tone adopted by central bankers and the apparent stickiness of inflation, particularly at the core level, HSBC Asset Management expects the U.S. Federal Reserve to cut interest rates before the end of 2023, with the European Central Bank and the Bank of England following suit next year.

The Fed paused its monetary tightening cycle at its June meeting, leaving its fed funds rate target range at between 5% and 5.25%, but signaled that two further hikes can be expected this year. Market pricing narrowly anticipates the fed funds rates to be a quarter percentage point higher in December of this year, according to CME Group's FedWatch tool.

 

[k1976]

Little acknowledged that central bankers will not be able to cut rates if inflation remains significantly above target — as it is in many major economies — and said it is therefore important that the recession "doesn't come too early" and cause disinflation.

"The coming recession scenario will be more like the early 1990s recession, with our central scenario being a 1-2% drawdown in GDP," Little added.

HSBC Asset Management expects the recession in Western economies to result in a "difficult, choppy outlook for markets" for two reasons.

"First, we have the rapid tightening of financial conditions that's caused a downturn in the credit cycle. Second, markets do not appear to be pricing a particularly pessimistic view of the world," Little said.

 

[k1976]

We think the incoming news flow over the next six months could be tough to digest for a market that's pricing a 'soft landing.'"

Little suggested that this recession will not be sufficient to "purge" all inflation pressures from the system, and therefore developed economies face a regime of "somewhat higher inflation and interest rates over time."

"As a result, we take a cautious overall view on risk and cyclicality in portfolios. Interest rate exposure is appealing — particularly the Treasury curve — the front end and mid part of the curve," Little said, adding that the firm sees "some value" in European bonds, too.

"In credit, we are selective and focus on higher quality credits in investment grade over speculative investment grade credits. We are cautious on developed market stocks."

 

[k1976]

Backing China and India​

As China emerges from several years of stringent Covid-19 lockdown measures, HSBC Asset Management believes that high levels of domestic household savings should continue to support domestic demand, while problems in the property sector are bottoming out and government fiscal efforts should create jobs.

Little also suggested that comparatively low inflation — consumer prices rose by a two-year monthly low of 0.1% in May as the economy struggles to get back to firing on all cylinders — means further monetary policy easing is possible and GDP growth "should easily exceed" the government's modest 5% target this year.

HSBC Asset Management remains overweight on Chinese stocks for this reason, and Little said the "diversification of Chinese equities shouldn't be underestimated."

 

[k1976]

Many many jiuhu look to SG as a beacon of hope.... They flooding in at God Speed... Can a speed boat tahan a whole sinking ferry ship? U decide

 

[batman1]

Dr.M contributions during his tenure as PM - his sons and associates become multi-millionaires.

 

[syed putra]

It is not so difficult for Malaysia to progress further.
Dr m built a parasitic economy in which a few people live off the many.
All they need to do is dismantle that parasitic economy.

 

[red amoeba]

There is nothing wrong w jiuhu. Mahathir was the bestest PM only he can fence w LKY and emerge winner. He put mudland on the world map. Only he has the balls to stand up and call out soros

 

[Loofydralb]

Dr.M contributions during his tenure as PM - his sons and associates become multi-millionaires.

No different from SG.

 

[syed putra]

There is nothing wrong w jiuhu. Mahathir was the bestest PM only he can fence w LKY and emerge winner. He put mudland on the world map. Only he has the balls to stand up and call out soros

He was PM at the right time. But at the end of his first tenure, you can see he was basically clueless during asian financisl crisis. And started pump priming the economy hoping to get the growth numbers again.
Mahathirnomics is curtailing growth. And 4 PM's since seems unable or unwilling to dismantle it.

 

[Scrooball (clone)]

Like I said.... after he stepped down.... the Malaysians need the govt to step in to control pricing so that Malaysians can afford to eat chicken! Lol.... that's says a lot about his leadership right?

 

[red amoeba]

Anwar is clueless and nearly sold Malaysia to IMF. Luckily Mahathir pull the trigger and tumpah sodomy charges. Mahathir saved mudland.

He came back and saved mudland second time to rid the UMNO rule. Anwar was impatient and fucking behind the scene and end up burning up the coalition.

Now that Anwar has power he is doing everything he can to reach 1 sgd to 4.

 

[winners]

Anwar is clueless and nearly sold Malaysia to IMF. Luckily Mahathir pull the trigger and tumpah sodomy charges. Mahathir saved mudland.

He came back and saved mudland second time to rid the UMNO rule. Anwar was impatient and fucking behind the scene and end up burning up the coalition.

Now that Anwar has power he is doing everything he can to reach 1 sgd to 4.

By submitting to the IMF during the 1997 Asian Financial Crisis was not a bad thing after all. South Korea and Indonesia had followed likewise at that time and today, they are both performing much better than Malaysia. These are proven facts.

Mamak Kutty just wanted face and refused to abide to the IMF requirements. One of the reasons is that he had to take care of his cronies at that time and also his own family's vast business deals and wealth. He's the real fucking hypocrite in actual fact. That's also why Woody Goh turned down his request for a loan from Singapore.

Today's Anwar is as weak as a flaccid and spent penis. I don't think he can do much for Malaysia in the next 2 years or more. We need someone like Jib Gor, though corrupted, but can bring in much FDIs into Malaysia and everyone prospers together. The Suharto years was a good example.