Bearish Trend

When we started work around 1973
a 1.3 Litre Japaness car was RM 7000

Today the equivalent let's say it is RM
60000............8.5 times

In 1973 a double storey house was about RM 45,000...or less
Today it is about RM 300,000............6.6 times

In 1973 an Engineer's pay was RM 1000
Today it is about RM 2000 +/-............2 times....

>From 1973 to 2008........35 years......what is the Trend.?

Bearish !!!!

In a stock market when the trend is bearish , what do we do?..Exit !!!
When a country's trend is bearish what do we do?.....?
This Bearish trend is more difficult to turn around as compared to the stock market.

I have used these 3 items House, Car & Salary as a measurement of the country' s performance for the past 35 years....
There is a book I saw in MPH bookshop entitled :
Malaysia : The Failed Nation some of you may be interested to read up.
I agreed with the writer.....
This morning I was having Coffee at McDonald ( now the coffee..100 % Arabica beans..is quite good
@ RM 2.90....free refill !!. I asked how much per hour is their pay?
RM 3.00 ! x 8 hours = RM 24 per day... x 25 days = RM 600 per month

My daughter works part-time during her University days...she worked at Gloria Jeans Coffee
..the pay Australian $ 14.00 ( @ 3.15 = RM 44 per hour.....x 8 = RM 352 per day !!! x 25 days = RM 8800
13.3 times more !!!!! ......Price of houses in Perth is about the same in KL
Price of cars are about 23 % cheaper...in Perth.( Australia )
I think more and more people are becoming aware of this Bearish trend.

Developed country by 2020 ?...means High income country

Let's look at some as of year 2005 ( Financial Times )
USA GNP per capita US$ 35400
UK GNP per capita US$ 25510
Australia GNP per capita US$ 19530
Singapore GNP per capita US $ 20690

These are developed countries by income measurement

Malaysia GNP per capita US$ 3540

Year 2020..developed country?
Really...a sad story.
Worrying Trends, isn't it??????
Ringgit sliding further and further under BN
sighhh.....