There is this domino theory, whereby when the American Economy is sneezing, we’ll get the fever. Now, not only the American is sneezing, but they are having bad fever and influenza…. based on such theory, we should be dead then! But, should we? Why us?
Is this domino theory not the same as been sang during the height of the so called Communism Uprising in the South East Asian region in the 1970s? But did, Communism managed to expand its root beyond China, Vietnam, Laos, and Cambodia? Even then, was that communism, was as that bad as what they said? They make us felt insecure to cover up their defeat!
(2) Did we remember, in the height of the western propaganda of Anti Communism Movement, the late Tun Abdul Razak, took a unilateral brave step to accept the Chinese Unifying March by Mao Tze Dung and the Vietnam by Ho Chi Minh. Accordingly, later followed by the formation of ASEAN mooted by Adam Malik....and these were the bold and brilliant acts of the small great leaders who could see our future without fear and favor of the west. Do our present leaders have these balls: upholding their heads, clear their minds, clean their hearts, and hold their determination for the Country? Equally, do we ourselves have such courage?
(3) A Malay proverb says: Air ada pasang surutnya, Kalau tak dipecahkan ruyung manakan dapat sagunya and Mao Tze Dung did also said: While in the water, we would only know, whether one is with or without a pant, once the water goes down…
(4) Today economic crisis, in fact is the problem of the capitalist west. It should in the first place not being term as the Global Economic Crisis, but rather the White Capitalist Crisis..while the term Global Economic Crisis is the result rather than the cause…I would then urge now for us to use the term the White Capitalist Crisis as the issue that we need to face…
(5) In today (probably for the next two years) White Capitalist Crisis, the American and Europe will be working hard to correct their financial system weaknesses. While our eyes should pay attention to those, we must be focus not only to deny the said domino theory but as well as not to be caught naked as the water goes down (the problem get fix)…..
(5) In facing the current White Capitalist Crisis, and taking from the Malay proveb:….pasti ada ada pasang surutnya…., gives us an assurance that the problem is a temporal phenomena and sooner or later thing would be fine,…but then, we have to work out to….pecahkan ruyung baru dapatlah sagunya….meaning we need to work out now while thing are at our advantage....ample skill and labor, cheaper cost,....etc
(6) At present situation, export-based economic activities would not be the best endeavors, except for the selective subsectors. But once the White Capitalist Crisis is over, the global trading would again be stimulating and uprising. At this point, we should have all the capacities to start off immediately to respond to such demands. Thus let plan and work now. We must wake up. Reduce our sleep!
(7) In order for us to immediately be able to do so, then, while financially and technical wise that we are still at the affordable position (with huge both private and public reserves), we should now focus all our energy and resources to build our future advantages. Human Resource Development (HRD), I would see as not the best focus area. What people need now is job that can sustain their income. Thus, let focus on job creation in economic sectors that would give us the future upper hand.
(8) In this regard, I would see that our transport system (infrastructure and the system), future renewable energy, telecommunication, housing, industrial infrastructure, tourism infrastructures, financial system, good governance (public and corporate), and critical social infrastructures development should be our main focus.
(9) Keep the money flowing in the market, and get all our banking system to support all our ‘blue ocean capacity building initiatives’. Bankers must have the spirit to build the country when we are in bad time...don't just be thinking of making money...let be together is tis moment of hardship...bulat air kerana pembentung, bulat manusia kerana maufakat..
(10) With all these going own, not only we are sustaining our economic growth, but most important we could keep our people employed and happy earning their living. Or they may waste their time going wild…..worst becoming political monsters and cults…
(11) Let slow down on military expenses, while seriously cutting back on things such as sport, celebration, etc, and really rationalize on all the subsidies that we are handing out. Should we not hold back from sending our man to space....let go for more practical thinking and act!
(12) Equally vital, let seriously relook into the so call Poverty Eradication Program, is it really a poverty eradication program or just a … making feel good initiatives…...melepas batuk ditangga....which in actual fact sustaining poverty…
(13) Let clear our mind, soul, and acts from all sort of popular short term political gain and personal greed……which could create long term social disorder….a road to a long term lost of a nation
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