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Showing posts with label bankrupt. Show all posts
Showing posts with label bankrupt. Show all posts

Malaysia Bankrupt By 2019

Confirmation By Malaysian Institute of Economic Research (MIER) That Malaysia Will Go Bankrupt By 2019 With Debt To GDP Ratio Of 100% Demonstrates The Importance Of Change Of Government At The Next General Elections For PR To Save Malaysia From Bankruptcy.

Malaysia will become a fully indebted nation before the end of the decade at the current rate of massive borrowing and irresponsible spending by the BN Government.

The Federal government debt to GDP (Gross Domestic Product) ratio has increased yearly from 53.1% in 2010, 53.8% in 2011 and 54.8% in 2012. This is extremely alarming and nearly touching the national debt ceiling of 55%.

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