American are smart, they wanna dry up Middle East, before they open up their own reserve, almost twice what Middle East can offer now...... But smart alek in Putrajaya are draining every drops of oil while they can and leave the next generation empty..... I can see the downfall of middle east before i die, their hollowness in wealth management will definitely make their grandson slaves to western countries...... Sure they have the 7 star hotel, marvelous cars on their street, shop at famous boutique as long as oilrig pumpin black gold.....
Lets not go further, look at Brunei see how the Royal family waste their fortunes.... Yes they have oil, abundant of them, what else they have??? Brunei is not a financial heaven, not a industrialise country, no technology, not a tourist attraction, no agricultural, no massive forest reserve for logging and etc...... But Royal family does nothing, they sit on shining gold throne and think, what else can i buy? What exotic animal have i not rare? Which part of my palace is lack of shivering gold furniture? Which precious item needs to be guarded by personnel? I dunno is Brunei people happy with their current state, but a Monark country like that is doomed to fail.....
Always think of the present and future.... Brunei, Middle East and Malaysia are not so different, they're not good at planing, and think tanks are not among the leaders..... Well, at least Middle East are now hiring westerner to control theirs, but Malaysia errrr........ Malaysia is already losing investors to Vietnam, SG and Thai.... Big Investment banks like Merill Lynch and JP Morgan bought lands near Sentosa Island, none ever interested in Malaysia...... SG company tax is around 15-16% while Malaysia is 27% (If i'm not wrong)..... How to woe the crowd, if Malaysia is imposing 30% BUMI ownership regulation, high income and corporate tax, G contract for Bumi company only, everything must go under the table....... As you can see our G want easy revenue, in return they'll fund the BUMIs again..... No one care about Malaysia's annual budget but foreigner want a copy of SG's..... How humiliating is that!!!!!
Many Japanese companies first come to invest in Malaysia becos of the tax rebate back then...... Now they're regret and gradually moving out, Panasonic, Toshiba and Sony have shut down some.... I heard MCM, Matsushita Compressor Motor factory is next.....
Preserve our oil and reduce mega project expenditure....... IDR and PGCC are goaless, it's just another housing project, give it a hundred years and i don't see it develop better than SG in 10 years period...... Gain more knowledge not just reading religion material, if you think religion is more important and hardworking for losers only, than don't blame for you're left-behind...... Oh FTA, when will you come? only real deal strive in this environment, then those with tongkat will back on ground again.....