POOKAI coming .... National debt to equal GDP by 2019 ....

[currymee]

National debt to equal GDP by 2019 if Putrajaya remains spendthrift, say economists

So, we are projected to be POOKAI by 2019 ...

BUT, Mayans projected that we ALL KAPUT by Dec 2012 .... SO WE ARE "SAFE" ... ???? :confused: :p :D - SO CONTINUE SPENDING LIKE NO TOMORROW !!

http://www.themalaysianinsider.com/malaysia/article/national-debt-to-equal-gdp-by-2019-if-putrajaya-remains-spendthrift-say-economists/

[Charbroiled]

We are so blessed, aren't we? Timing is perfect! :D

[Naka]

I think Malaysia is still better off than Australia, USA or Japan.

[currymee]

I think Malaysia is still better off than Australia, USA or Japan.

Huh ????? How so ? :confused:

[Naka]

Huh ????? How so ? :confused:

I saw some figues somewhere but they are not available right now. Will look for them this weekend

[cskok8]

No problem, as long as EPF continue to "invest" in govt bonds.;)

[HTCHONG]

I think Malaysia is still better off than Australia, USA or Japan.

Surprise to see Australia is included. :eek: Any reasons?