Tuesday, March 10, 2009

Nizar tag: ANWAR BETTER THAN NAJIB BY 1 PERCENT

hehehe

Anwar is still the better economist, I think. At least, he beat Najib to it. Yesterday, he warned that Malaysia's economy was "buckling under the pressure of a global recession" and could contract by two percent this year. (Anwar: Global slump hitting our economy hard)

Today, Najib warned that the economy could shrink 1%. I wonder if Najib has ever asked Nazir for financial advice. ;-)

Tis always better to be conservative when it comes to figures in accounting and economics. Moreover, given the current huge deficit that America is dragging the whole world into, it won't be long that Malaysia will certainly follow suit unless of course, something happens. What is that 'something'? It could be a miracle, who knows!? ;-)

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