WEF - MOST PROBLEMATIC FACTOR FOR MALAYSIA IS INEFFICIENT GOVERNMENT BUREAUCRACY AND CORRUPTION!

WORLD ECONOMIC FORUM (WEF) 2013 -2014 - MALAYSIA

I see a lot of hype by the mainstream media about the ranking improvement by one notch to No. 24 for Malaysia in the World Economic Forum Competitive Report for 2013 - 2014.

The top ranking countries in the report are at No.1: Switzerland, No.2: Singapore, No.3: Finland, No.4: Germany, No.5: United States, No.6: Sweden, No.7: Hong Kong, No.8: Netherlands, No.9: Japan and No.10: United Kingdom.

Wait, there is a bit more, WEF also conducts a survey on the countries and the respondents are ask on the "Most Problematic Factor" for doing business in that country. And the result of the survey for Malaysia is:

Most Problematic Factor for Malaysia is INEFFICIENT GOVERNMENT BUREAUCRACY and CORRUPTION!

See pic here which is an extract of the Country Report by WEF.

There is also a ranking for other areas and Malaysia is Rank at 103rd for BUDGET DEFICIT which is at , at 4.3 percent of GDP in 2012, Ranked at 121st for low level of Female Participation in the Workforce and 51st for Low Technological Readiness.

Let's see whether the main stream media will report about this details of the report?

WEF full report HERE

Impending Economic Crisis for Malaysia

Impending Economic Crisis

Household Debts is at 83% of GDP and Corporate Debts at a frightening level of 95% of GDP.

The root problem to the economic risk in our country is with Corruption, without any serious attempt to weed out corruption the country faces a very high risk of an impending crisis looming just ahead.

Withdrawal of subsidy and Imposition of further taxes on the people will not help the economy but instead cause greater desperation from the marginalised 40% households earning less than RM 3,000 a month which will result in a further increase in criminal activities which is already at a PRECARIOUS level as is evident with the many violent crimes reported on a daily basis. You can be killed, murdered or seriously injured for just the small change in your pocket or for your handphone.

People, please be warned and take precaution to protect yourself and your family, get involve with your immediate community or initiate get together in your neighborhood, this is important and we will reveal to you why later on.

And learn to protect the value of your money.

For now please Watch this latest Aljazeera video report on the state of our country: