Thursday, Oct 23, 2008

So Mahatir was right all along those 10 years ago

Straitstimes: Mahathir sees no end to crisis

FORMER Malaysian leader Mahathir Mohamad, the leader who steered Malaysia through the 1997-98 Asian financial crisis, said that the current global turmoil is far from ending and will soon spread to the region's export-dependent economies, in an interview with Bloomberg News.
'The worst is not over yet. We do not even understand what is happening,' Tun Dr Mahathir, who stepped down as prime minister in 2003, said in a Bloomberg Television interview yesterday in Putrajaya, Malaysia. 'Asian countries are going to feel the pinch of a world where the market has collapsed.'

Posted by lvmreader @ 04:12 PM (165 views) Add Comment

1 Comment

1. whiteknight said...

Great country Malaysia. Lot of variety and potential.

Thursday, October 23, 2008 06:11PM Report Comment
 

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