Malaysia is just borrowing and borrowing. The borrowings are for investment projects for the next 10 yrs. Those in power now assume the role to borrow for the future. It is common knowledge that costs of projects in Malaysia are way above what market price should be. What is going around that some of the money for the projects will go elsewhere must have some truth to it.
When the initial cost of the project is already high and Malaysia is not well known to manage subsequent costs well, the economic return may be less than the amount needed to service the loan. Malaysia will become more and more of an indebted nation. The present woes in the world now from the US, Europe to Japan are due to indebtedness. When we should learn the lesson to avoid high debt, we are indulging in it.
We will live well now with the debts, but the repayment is spread through many years. The crunch in repayment will be borne by future generations. How irresponsible we are to live well and let our children and grandchildren pay for it. It is time that ordinary people like you and me voice up to this irresponsibility. Our "leaders" are already deaf and blind, mereka tu golongan yang sudah disesat oleh Allah dan kesesatan mereka akan ditambah lagi oleh kerana perbuatan mereka sendiri.