Wednesday, September 17, 2025

1993 Sep 3 Friday, Margaret Thatcher Speech to Citibank in Kuala Lumpur


The following is actually a propaganda video. I made some notes:

Greece did not have EPF with over RM1.0 TRILLION cash holdings.
Cardiologists in private practise in Malaysia can make more than RM35,000 per month.
That 1.7 replacement level birth rate is an average. It differs across races.
Uh oh. I am already 65 yrs old!
Classic symptoms of the 'resource curse'? 
I disagree. Classic symptoms of the 'we aint got no brains' curse.
So those who have brains will take advantage of the 70% savings in operating costs.
Silicon Valley in 1960s all over again? 
67% of MNCs plan to increase investments in Malaysia in next two years.
Smart money is flowing into Malaysia

Here is the 9 minute video:


1993 Sep 3 Friday, Margaret Thatcher Speech to Citibank in Kuala Lumpur

"If Finance Ministers could be transferred like star football players, I could think of several very much larger countries who would pay astronomic transfer fees to get him!" - Margaret Thatcher.

OSTB: Its still not too late.