Like "Little Napoleons" in modern systems, local officials in Mesopotamia used their positions for personal enrichment, rather than facilitating trade or providing public services. The wealth of the state was drained by this parasitic class of officials, leading to food shortages, reduced productivity, and social unrest.
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11 comment(s).Last comment by speakup 2 months ago
Mesopotamia’s failure to reform its parasitic bureaucracy weakened its economic base, leaving it vulnerable to external conquests by the Assyrians and Persians. The parallel lesson for Malsia is that unchecked bureaucratic inefficiency and corruption can undermine economic productivity and lead to societal collapse if reforms are not enacted.
The annual inflation rate in Malaysia was at 2.0% in July 2024, coming slightly less than market expectations of 2.1% while keeping unchanged for the third straight month. with appreciation of ringgit , prices will remain stable and we will experience deflation sooon .... Cheers !! all because of gov good works and reforms !
For Malsia, the lessons are clear: without decisive reforms to remove parasitic middlemen, inefficient agencies, and entrenched interests, the nation risks economic stagnation, social discontent, and a loss of competitiveness in the global economy. Ancient civilizations serve as a stark reminder that ignoring these issues can lead to unsalvageable decline.
Asean countries and BRICS countries in up trend. what doomsday u talking?
G7 countries? these countries having enormous problems no matter how u look at it. Their people are restless, troubled, no clear path to normality. and all G7 governments will lose their next elections and will turn sharply right away from the old liberal legacy.
there is still thing call group dynamics. As long as ASEAN countries are dynamic, vibrant economy how can malaysia not be dynamic, and vibrant economy, ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Like "Little Napoleons" in modern systems, local officials in Mesopotamia used their positions for personal enrichment, rather than facilitating trade or providing public services. The wealth of the state was drained by this parasitic class of officials, leading to food shortages, reduced productivity, and social unrest.