Be the first to like this.

2 comment(s). Last comment by calvintaneng 2 days ago

calvintaneng

57,042 posts

Posted by calvintaneng > 2 days ago | Report Abuse

No need to tax the RAKYAT much but RAKYAT subside Tnb with Rm5.9 Billions for 6 months as compensation

And Since Data Centers are owned by Nvidia, Microsoft, Amazon, Google and Oracle which are Trillion $$$ companies

so if no tariff increase plus must subsidize these "Rich Multi Trillionaires ?

Then prepare to see Ringgit crash back to One Sing dollar for Rm5.00

calvintaneng

57,042 posts

Posted by calvintaneng > 2 days ago | Report Abuse

If no tariff increase while demand for electricity amplified ?


these are the unintended consequences

1. Higher energy demand with out additional improvement to supply and transmission grid will cause Nationwide Blackouts

Do you want to see no electricity for 3 days and 3 nights or longer ?

2. Subsidy will eat into Nation's Currency Reserve and weaken it and will cause Very high import prices due to collapse of ringgit


so the risk is too much

1. Subsidy takes up Rm5.9 Billions for 6 months

2. Imminent power failure due to demand overload from Data Center and AI

3. Weakens the ringgit which leads to higher cost of imports

all these must be considered carefully

Post a Comment
Market Buzz