Tuesday 23 April 2013

Bloomberg: Malaysia Needs to Get Off the Road to Mediocrity

"In his bid for re-election, Malaysian Prime Minister Najib Razak has dispensed with all shame. Vote for me, he has essentially declared, or Malaysia will suffer “catastrophic ruin” and an “Arab Winter” of the kind that has undone economies from Egypt to Libya.

Both warnings are ludicrous -- signs of how worried Najib’s National Front coalition is of losing power for the first time since 1957. They speak to the desperation of a government that has come to serve itself, not Malaysia’s 29 million people. And they are emblematic of a leader whose talk of bold change hasn’t been matched by action."

Read more here:


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I like in particularly the lines of "Both warnings are ludicrous -- signs of how worried Najib’s National Front coalition is of losing power for the first time since 1957. They speak to the desperation of a government that has come to SERVE ITSELF, NOT Malaysia’s 29 million people. And they are emblematic of a leader whose TALK of bold change HASN´T BEEN MATCHED BY ACTION." These sentences have gone straight to the point!

Also, "Najib is touting Malaysia’s 6.4 percent growth as proof he is a radical-change agent. In fact, much of Southeast Asia also is booming, and the government is helping to artificially fuel growth with populist handouts."

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