Posted by EngineeringProfit > 2 months ago | Report Abuse

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.

Be the first to like this.

11 comment(s). Last comment by speakup 2 months ago

Posted by EngineeringProfit > 2 months ago | Report Abuse

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_JQuestion

1,698 posts

Posted by The_JQuestion > 2 months ago | Report Abuse

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 !

Posted by EngineeringProfit > 2 months ago | Report Abuse

What!??? Utopia is here on earth?

Posted by EngineeringProfit > 2 months ago | Report Abuse

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.

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

u are too funny. doomsday? I can name any of the G7 having a doomsday future compared to Malaysia or any of the BRICS countries.

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

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.

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

the stuffs of revolutions are not happening in Malaysia, in ASEAN or in BRICS. These are happening in g7 countries.

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

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, ?

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

as far as I know, Thailand Indonesia are doing very well, and so will Malaysia.

qqq47660

8,999 posts

Posted by qqq47660 > 2 months ago | Report Abuse

Dow drops 600, this is normal for Dow and more for them.

speakup

27,014 posts

Posted by speakup > 2 months ago | Report Abuse

600 only mah! if 6000 then only panic lah!

Post a Comment
Market Buzz