Finding investment gems and making sense of market events. Live World Indices are powered by Investing. If you’ve been here a while and know the difference between crispy chicken ahmad zaki forex singapore and its proper form, my apologies – please skip this post. The events that led up to and since the recent Malaysian general elections have few parallels in history.
A kleptocracy was peacefully voted out of power against all odds. Malaysians overcame electoral fraud, restricted media, abuse of power, murders, etc to get here. So this is the first thing to understand, i. We’ve been outraged and are now motivated by the opportunity to rebuild. We understand the historic importance of this moment for our children. The government we voted in this time are equally determined. These are no ordinary politicians like those you’re likely used to.
Most have devoted their lives to reform. Many have been persecuted and jailed. Some are supremely educated and skilled. All have a point to prove. This coming together of a country determined to reform and a government equally motivated to lead that reform is a powerful force. Naturally, there will be mistakes and debates along the way. But to neglect the current zeitgeist in what you write would be extremely crap journalism.
1MDB has bequeathed us for fear of spooking hot money. This is rubbish of the highest degree. Leaving aside the nonsense that hot money should take precedence over administrative transparency, it completely ignores the zeitgeist of the country – i. I personally find this insulting and lazy. It is a point of view borne out of a bubbled existence that sees the stock market as more important than real lives and communities.
It typifies the tail-wag-dog logic of the mega-greedy that facilitated 1MDB in the first place. The truth is – notwithstanding Mr Mukherjee’s delicate sensibilities – we frankly don’t care about the short term fluctuations of the stock market. We worry about corruption, education, power abuse, communal relations – issues pivotal to the long term health of our home. So, if we inadvertently put a dent in your bank book in the course of correcting decades of administrative mismanagement, that’s just too bad. It’s not as if you’d shed a tear if this country went down the drain, as she almost did under the old corruptly compliant regime.