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Wednesday, April 6, 2022

WHY PAKISTAN AND SRI LANKA COLLAPSED - INFLATION (HARGA BARANG NAIK), CURRENCY DEVALUED (NILAI DUIT JATUH), POOR ECONOMIC GROWTH, STRONGMAN HYPER-POPULISM (MAINAN POLITIK GIMIK OLEH PEMIMPIN BODOH), MALAYSIA BETTER WATCH OUT

 

 

For all Malaysians, here is another must watch 13 minute video about why Pakistan and Sri Lanka have collapsed. 

To all you ketuanan _onkeys jangan sombong atau bongkak tahu. The way things are going in Malaysia, this scenario is not impossible to happen here.

In Pakistan it has become obvious that a cricket player knows jack shit about managing the economy

In Pakistan inflation is up, their GDP growth is down, trade deficits are up, so their Forex reserves are down. Their GDP has lost 1/3 of its value since the cricket player Imran Khan became prime minister in 2018.

The Pakistani rupee went on a free fall, from Rupees 118 to Rupees 180 against the US Dollar.

Their stock market has been down for the past five years. 

Although democratically elected their leadership is still autocratic, they quote religion (ketuanan style - membela agama) and they promote religion laden nationalism (bangsa lain kena hormati bulan puasa etc). The usual Third World, bontot lembu level of stupidity.

Sri Lanka is also an elected dictatorship. The politicians behave like absolute monarchs. Five members of the prime minister's family in Sri Lanka hold senior Cabinet positions.

The Sri Lankan politicians have embarked on extreme populism (populist policies, cari populariti) to camouflage dictatorial tendencies.

The video says the Sri Lankans have destroyed their own institutions, they are deep into nepotism and cronyism. (Looks like they learned this from Malaysia too).

The Sri Lankan Rupee is 311 to the US dollar now, it was 195 to the US dollar before, and it is still weakening everyday. Government debt is 120% to GDP.

To fool the people they embark on extreme populism (cari populariti), extreme elected dictatorship, extreme lack of intellect, complete inability to listen to anybody else, except their mutual admiration societies aka cium bontot cronies.

Do you see any similarities with Malaysia?  Dont say I did not warn you.

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.

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