Tough life

Malaysia, if I would say over the year created a gap, a disparity between earning and expenditure.

While no amount is enough for a person to squander, mere survival and essential is hard to sustain.

A job very well require you to have your car but it will cost you 1 to 2 times annual income. All this said to promote national car maker should have left us poorer.

Then it must be our weak currency. At an undervalued position, we are paying more for less. It's not logic to have re same thing but costs 2.4 times compared to our near neighbor. A correction will soon come in to fill the gap but no. The difference have only increased.

Then the flow of funds must have been disturbed. The supply and demand is not reaching it's equilibrium. Something cannot be expensive when it's widely available!

Then there must be policies and regulation that impede the natural order, just like how stones is set to prevent grasses from growing.

And in logical sense, we blame the government policies which have clearly not functioned as it was planned to. Or it did, just that the benefit wasn't meant to reach the people in the first place?

This disparity leaves Malaysian at high leverage ratio, with everyone in net liability to afford for car and house.

Despite the fact that Malaysia is practically funded by petroleum export ally with tax collection, our government too operate in an indebted position.

Once petroleum is dried and out, we will be for the first time be funding our government with tax payers money's.

Back to the point high above, increasing tax will only increase burden on the people. With their debt ratio, Malaysian will be affording less and less.

A risk of default then? With our weak currency, it is not surprising.

So going down and down this spiral, we shall not even touch about the cause of this but rather a solution must be found to fix this grim situation.

From what we know is, all this are not addressed nor have it received the attention it should.

Is it our habit to refuse to learn that have killed our future? Or is it our ignorance to reality that brought this to ourselves?


- Posted using BlogPress from my iPod