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4 comment(s). Last comment by EngineeringProfit 5 hours ago
Posted by EngineeringProfit > 9 hours ago | Report Abuse
Mesopotamia’s failure to reform its parasitic bureaucracy weakened its economic base, leaving it vulnerable to external conquests by the Assyrians and Persians. The parallel lesson for Malsia is that unchecked bureaucratic inefficiency and corruption can undermine economic productivity and lead to societal collapse if reforms are not enacted.
Posted by The_JQuestion > 7 hours ago | Report Abuse
The annual inflation rate in Malaysia was at 2.0% in July 2024, coming slightly less than market expectations of 2.1% while keeping unchanged for the third straight month.
with appreciation of ringgit , prices will remain stable and we will experience deflation sooon .... Cheers !! all because of gov good works and reforms !
Posted by EngineeringProfit > 7 hours ago | Report Abuse
What!??? Utopia is here on earth?
Posted by EngineeringProfit > 5 hours ago | Report Abuse
For Malsia, the lessons are clear: without decisive reforms to remove parasitic middlemen, inefficient agencies, and entrenched interests, the nation risks economic stagnation, social discontent, and a loss of competitiveness in the global economy. Ancient civilizations serve as a stark reminder that ignoring these issues can lead to unsalvageable decline.
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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....
Posted by EngineeringProfit > 9 hours ago | Report Abuse
Like "Little Napoleons" in modern systems, local officials in Mesopotamia used their positions for personal enrichment, rather than facilitating trade or providing public services. The wealth of the state was drained by this parasitic class of officials, leading to food shortages, reduced productivity, and social unrest.