BFM Podcast
Our 1 Trillion Ringgit Debt
Ali Salman, CEO, Institute for Democracy and Economic Affairs
21-May-18 19:00
Turns out the debt isn’t the main problem - it’s the corruption and inefficiencies.
Produced by: Kelvin Yee
Presented by: Caroline Oh, Umapagan Ampikaipakan
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Don't worry about Malaysia Rm1 trillion debt
See Japan got Rm55 Trillions Debt
The Japanese public debt exceeded one quadrillion yen or about US$10.46 trillion in 2013, more than twice the country's annual gross domestic product.[1][2] By 2015, the figure rose to US$11.06 trillion. As the country adopted key economic initiatives, this figure start to dip so that by the end of December 2017, the debt stood at US$9.94 trillion.[3]
And US Debt even bigger
See
Debt Rm1 Trillion with Population of 30 millions in Malaysia
USA has Rm84 Trillion Debt with population of 300 millions
So US population is only 10 times more than Malaysia with Debt 88 Times Higher.
See US Debt Clock http://www.usdebtclock.org/
If US ok why not Malaysia?
What is the Overall Net Net Wealth of Malaysia?
21/05/2018 23:16
2018-05-22 10:30