Posted by FortuneBull777 > 2 months ago | Report Abuse

Reality!

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14 comment(s). Last comment by EngineeringProfit 1 month ago

Posted by FortuneBull777 > 2 months ago | Report Abuse

Perhaps there's something we hate to talk about! Inflation has been climbing at higher rate for the past few years! Rice which was never a concern to us suddenly shot up in price!
We of course just took the rise in inflation as new normal! However, salary remain stagnant to majority of malaysians!

Posted by FortuneBull777 > 2 months ago | Report Abuse

Saved by setting up of minimum salary, it also henders growth for skilled workers as well!
Apparently employers use the mininum salary as benchmark for skilled workers as well! Of course malaysians with such qualification are subject to stagnant salary as well!
For the unskilled, their only hope is to go on GIG economy like becoming riders or drivers! Unfortunately the excess supply has made them the lowest of income bracket! It is reported that over 70% ehailers are earning less than 1k a month after deducting their operativing expenses! Yeah, so if you taking Grab or something, be mindful, they are worst of malaysians at the moment earning the lowest bracket in B40 category!

Posted by FortuneBull777 > 2 months ago | Report Abuse

In short, majority malaysians are suffering at the moment! Cost of living already past their income! Diposal income is actually shrink so much that domestic economy is basically dead!
Worst still, we are now constantly expose to scamming especially out savings in banks!

Posted by FortuneBull777 > 2 months ago | Report Abuse

Unfortunately our Madani government is too weak to handle the many challenges that we face today!

Posted by FortuneBull777 > 2 months ago | Report Abuse

Rafizi's PADU unfortunately may end up victiming malaysians in general as subsidies are slowly remove from our system! Worst still, PADU also face high possibility of been hack! And it won't take long before hackers will do so! Cyber security is weak! Rafizi need to take warnings from many sides as they concern is actually very genuine!
Oh yeah, PADU suppose to be a tracking for each malaysians to identify those with too much disposal income and those who indeed need subisides! But let's not be naive! Those who register using their IC are expose to identity theft! And this is not joke! We are talking about 32 million malaysians identity in hands of hackers!

Posted by FortuneBull777 > 2 months ago | Report Abuse

In short, even those in middle bracket of M40 do not have that much of disposal income! While those in T20 can easily hide their disposal income through creative accounting!

Posted by FortuneBull777 > 2 months ago | Report Abuse

Malaysia prospect in general is quite bleak! I am sorry to say this but i have no optimism for current and future generation of malaysians! We are so used to subisides that living without is something that we cannot stomach!

speakup

25,016 posts

Posted by speakup > 2 months ago | Report Abuse

most M40 spend their money on fancy Toyota, Honda, Nissan instead of saving money buy a cheap Proton or Perodua

Michael Kwok

6,057 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Speak up u were wrong.many had property at least 1 from 250k-300k(average) to as high as rm 1 million(average).M40 or onward(2-3 property).
Our bank deposit is over rm 2 trillion.
31/1/24 10.15pm

stockraider

31,556 posts

Posted by stockraider > 2 months ago | Report Abuse

The majority of the M40 should be blame for over spending which affect their accumulation of wealth & eventual comfortable retirement mah!

Posted by FortuneBull777 > 2 months ago | Report Abuse

The older M40 should be fine! But the newer ones will not! Once fuel subsidy is removed, things will be different!
GST will be installed sooner or later! Which is PH biggest blunder! Anyway, the B40 will be pariah forever!
The New Malaysia without subisides is totally different ballgame altogether!
Trust me, it's better to be prepared now that struggle later!

Posted by EngineeringProfit > 1 month ago | Report Abuse

That's so true. This floor mat grade perMadani government is too weak to do anything great. And too impotent handle the many challenges that we face today!

Posted by EngineeringProfit > 1 month ago | Report Abuse

That's so true. M40 do not have that much of disposal income! While those in T20 can easily hide their disposal income through creative accounting! And the Top 2 who own
don't eve 98% of country wealth don't even spend a cent on living expenses like the ordinary ppl. All bills go to corporation, gomej coffer, etc etc

Posted by EngineeringProfit > 1 month ago | Report Abuse

That's so true. Rafizi's PADU unfortunately may end up victiming malaysians in general as subsidies are slowly remove from our system! It's going to be every ordinary rakyat's nightmare in no time

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