Another economic crisis? 'Endless possibilities'

The ringgit is at a three-year low against the US dollar, having shed over 7 per cent in value versus the greenback since the start of the year.

While developed nations are heading up, developing countries have gone in the opposite direction; MSCI’s Emerging Market Index showed a loss of 13 per cent in equity since the start of the year.

Worryingly for observers, this is the biggest the gap between developed and emerging markets has been since the 1997 Asian financial crisis.

Read the growing chasm between world markets warns of new crisis here

Meanwhile, remember the 1Malaysia and One Israel debate?

Well it looks like Malaysia has been accused of plagiarising another Israeli motto - Endless Possibilities.

Three years ago, certain politicians said the link between 1Malaysia and One Israel propounded by the opposition was just a lie.

Today, the Prime Minister's Office said the government came out with “Endless Possibilities” as its new global theme months before Israel released a similar tagline.

As Jebat Must Die said:  "please google the phrase first before giving it to the PM for him to announce; this might avoid any embarrassment."

Oh, apparently Mongolia too has a similar tagline - Endless Possibilities.

HD says: Oh boy....

Comments

  1. Its clear that PM Najib wants us to do the unimaginable and realise the "endless possibilities" and do something like rearing the two-hump camels in Malaysia.

    No?

    ReplyDelete

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