S&P to downgrade Malaysia's credit rating?

Posted by ikevinthomas > 2012-09-10 02:44 | Report Abuse

Will KLCI be in danger of loosing foreign funds if it gets downgraded?

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4 comment(s). Last comment by ikevinthomas 2012-09-10 08:51

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 03:35 | Report Abuse

sure will be down. But S&P are idiots, no one medicine that they subscribed to can cure all economic colds! Tell america don't apply then the QE3, with their spending at 200% GDP deficit!

The govt is spending wisely and recouping accordingly. Yes, subsidies must be removed gradually, if not hyperinflation will set in. Pak Lah tried that, and smack right back at his fact! With GST in the horizon, fuel subsidies two tiered and subsequently fit to market trending, FDIs in (check MITI reports) and domestic consumption resuming after the election, high govt spending is warranted at this moment in time. Some cold just linger longer than others! Tell America worry about their backyard first before kaypoh about others!

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 04:04 | Report Abuse

http://www.theedgemalaysia.com/mobile/article.php?id=219697

http://klse.i3investor.com/servlets/fdnews/213586.jsp

For further reading!

shirley1

1,141 posts

Posted by shirley1 > 2012-09-10 08:08 | Report Abuse

http://www.fundsupermart.com.my/main/research/viewHTML.tpl?articleNo=2692

ikevinthomas

23 posts

Posted by ikevinthomas > 2012-09-10 08:51 | Report Abuse

Thanks for the info KC and Shirley. I'm new, so it worries me when I have already invested.

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