With all the tension in the global economy, it is really a wonder if we in Malaysia will ever get affected by this. Globally, its evident that this is a serious issue. But in Malaysia, I still notice people shopping like there's no tomorrow, partying as though life is one big balloon and we are secure just coz we're in it and going for holidays to exotic places as though they found a stack of hundred bills under their bed that they didn't know about!
It's scary really coz we have been told that Malaysia will be least affected because we are independantly regulated and we have alot of natural resources! As true as it may be, but many of our corporate spendings rely on international investment and without this and with big MNC's slashing budgets and head counts, we will be affected to some extent.
I worry for our fellow Malaysian's and hope that we will all wake up one day and realize that $$ in hand is alot better than $$ on paper!