the prices of food is going up so fast.10 years ago, a whole chicken can be bought for RM 8.Now RM 4 can buy only a slice of chicken breast.The price of petrol is going up so fast.My country is now turning into a high cost,low income country.
How can they depend on domestic demand to incrase economic growth when the price of food,the price of houses and petrol goes up and up but the salaries are not adjusted for inflation.
With interest rates going up,car and house motagage also go up again.
So what is happpening to the economic transference plan? transfer from the pocket of people to who?
Worse,the young are leaving so what we have is an export of brainoower and import the low skill pnes.So if the young stay and find out that know who matters more than know how to get up the career ladder,who would be so "loyal" to stay when they can hardly buy a house,pay off a car and now eat out?Soon Vietnam and Indonesia would catch uo'
Then we don't teach the youths current world geography and world history and they cannot compete in the international arena as they lack simple general knowledge.
Like the game of snake and ladder,we're sliding down the ladder
