Businessman Lee Kim Yew has high hopes for the month-old Pakatan Harapan government, and more so for an end to the country’s persistent “brain drain” problem.
Lee, who criticised the former BN administration in the lead-up to the 14th general election, shared how young Malaysians overseas had recently been telling him of their desire to return home to serve the country.
Ratings agencies and foreign fund managers have to take care of their own interests first. Have any of them been critical of Najib when he was PM. Why?
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
yup LGE calculation is stupid...when moodys tellling this we now see the stupidity...but maybe smart by delivering revenge, till market like this...ermmm
Posted by magus > Jun 14, 2018 11:32 PM | Report Abuse
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
Posted by magus > Jun 14, 2018 11:32 PM | Report Abuse
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
ussually im just using decent words such as amateur to LGE. but sorry today overeacted...ok im monitoring LGE statement 1T debt, relative to foreign outflow, massively out after that.today some of the biggest bout-400 M...not just rely on report...if you say i just rely on a report i can twist back report why you rwport on DOJ about 1mdb
nevermind, i dont want to talk bout politic here just wanna say what already rated (by moodys, etc) better dont add more salt,coz it could harm innocent people, (market, etc.)ok...hopefully foreign confidence retreat in a couple of moth/years from noew
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Posted by qqq3 > 2018-06-14 12:18 | Report Abuse
Businessman Lee Kim Yew has high hopes for the month-old Pakatan Harapan government, and more so for an end to the country’s persistent “brain drain” problem.
Lee, who criticised the former BN administration in the lead-up to the 14th general election, shared how young Malaysians overseas had recently been telling him of their desire to return home to serve the country.