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2 comment(s). Last comment by calvintaneng 2 days ago
Posted by calvintaneng > 2 days ago | Report Abuse
If no tariff increase while demand for electricity amplified ?
these are the unintended consequences
1. Higher energy demand with out additional improvement to supply and transmission grid will cause Nationwide Blackouts
Do you want to see no electricity for 3 days and 3 nights or longer ?
2. Subsidy will eat into Nation's Currency Reserve and weaken it and will cause Very high import prices due to collapse of ringgit
so the risk is too much
1. Subsidy takes up Rm5.9 Billions for 6 months
2. Imminent power failure due to demand overload from Data Center and AI
3. Weakens the ringgit which leads to higher cost of imports
all these must be considered carefully
No result.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
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Posted by calvintaneng > 2 days ago | Report Abuse
No need to tax the RAKYAT much but RAKYAT subside Tnb with Rm5.9 Billions for 6 months as compensation
And Since Data Centers are owned by Nvidia, Microsoft, Amazon, Google and Oracle which are Trillion $$$ companies
so if no tariff increase plus must subsidize these "Rich Multi Trillionaires ?
Then prepare to see Ringgit crash back to One Sing dollar for Rm5.00