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2005-03-31 Southeast Asia
Dollar headed for collapse: Mahathir
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Posted by tipper 2005-03-31 11:37:44 AM|| || Front Page|| [5 views since 2007-05-07]  Top

#1 Mahathir came up with the "Look East" policy at a time when Japan was riding high and appeared poised to overtake the US, despite having less than half the population. Now that the Japanese economy has endured over a decade of rolling recessions, we don't hear so much about that any more.

Note also that when Singapore seceded from Malaya in 1965, creating Singapore and Malaysia as separate nations, both countries had roughly the same GDP per capita. Today, Singapore's GDP per capita is $22,000 and Malaysia's is $4,335. And for some reason, Mahathir is lionized wherever he goes.
Posted by Zhang Fei  2005-03-31 11:59:13 AM|| [http://timurileng.blogspot.com]  2005-03-31 11:59:13 AM|| Front Page Top

#2 ZF,

I suspect the "for some reason" has to do with MM always being good for an anti-American quote or two. Makes the mainstream reporter feel all warm and cuddly seeing one of the oppressed brown brothers raging against the tyrannizing, baby-killing, global-warming machine that is Amerikkka.
Posted by Dreadnought 2005-03-31 12:04:23 PM||   2005-03-31 12:04:23 PM|| Front Page Top

#3 Guess he does not know about Ft.Knox.
Posted by Raptor 2005-03-31 2:07:31 PM||   2005-03-31 2:07:31 PM|| Front Page Top

#4 Goldbuggery is back. That can't be good...
Posted by Mitch H.  2005-03-31 4:58:50 PM|| [http://blogfonte.blogspot.com/]  2005-03-31 4:58:50 PM|| Front Page Top

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