A concerned Malaysian writes about Malaysian affairs. "You are the Change you Seek" Barack Obama

Saturday, August 30, 2008

BUDGET 2009 - What the Money People Say

The earlier piece was to provide some dramatic relief after all the hoohah in the recent Permatang Pauh by-elections.

Now this is what the real experts are saying. OK experts too get their views mixed up but don't just listen to the MSM and malaysiakini.

Bloomberg's take:
"Malaysia Puts Ratings at Risk on Politics, Ballooning Deficit"

If ratings fall, it means that borrowing costs may go up.

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