Lifestyle inflation up 30% (Based on personal observation from the - TopicsExpress



          

Lifestyle inflation up 30% (Based on personal observation from the increase of my food, petrol and toll and other essential items). Cost of housing increasing exponentially and thus increasing household debts. This means, Malaysians need to use more of our decreasing spending power to pay off debts. All this while education rots causing foreign investors to shy away or at the very least, not pay a high premium (Due to low work quality and performance). With such, how can income ever catch up with cost of living? If income does not catch up, guess what will be going up next? Crime rate and petty crime will be going up causing foreign investors to shy away even more. We need a strong, corrupt free government to put an end to this rot, failing which, our country will fail. This is literally going to the SH** HO**...
Posted on: Tue, 25 Mar 2014 10:31:50 +0000

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