Posted by: Fat4
Category: Business, General, Humour, News, Politics, Theories
Tags: banks, China, illegal, malaysia, muslim, shares, short selling, syndicate, tax heaven
Malaysia - World’s Number One Underground Economy
Every country has an underground economy. It is a matter of how big it is. It is interesting to see Malaysia’s GDP or GNP or whatever economic measuring tools you use is only 10% of its neighbour Singapore but yet the people living in Malaysia can be seen driving nice big cars, live in big houses and fly around the region. Unbelievable? No wonder even newspapers around Malaysia recently claimed how Hillary Clinton has said that US are willing to learn from Malaysia and another proudly claimed that Obama salutes our PM. Come to think of it, besides being near to his childhood home of Indonesia, I doubt he will remember anything about Malaysia.