The economic and financial crisis in America plus the mass abandoning of the US dollar are having a huge and unprecedented impact on the world like never before. Experts have even predicted that the world would be hit by a depression much worse than the Great Depression of 1929.
The world is in turmoil and the signs are already here.
Price of oil is spiralling out of control. Food is becoming scarce. Thousands of jobs are disappearing. Businesses are languishing. Stock markets worldwide are shrinking. The biggest banks in the world are also going bankrupt. Prices of goods are increasing drastically with the worst affected being daily essentials. There are rumours of more wars.
Closer to home, Malaysia is already reeling from their effects. The rakyat are hard pressed to make ends meet while the administration continue to spend and splurge unnecessarily. Only recently the government has finally admitted that our inflation rate, if one can believe the figures, has shot up 7.7%. The highest during the last 26 years. But I beg to differ.
I personally believe we have purposely not been told the whole truth of our economic situation. Our statistics are wickedly being doctored to trick us. There’s more than meet the eyes. Believe me, the worse is yet to come if our leaders have not already woken from their slumber and take necessary steps towards unwavering responsibility to country, king and people with good governance.
But to do what we have to do there must be one leader who can stand out from the crowd who has vision, courage and determination. If the current administration lacks one and is clueless and short of wisdom, then they should make way and let someone else step in and do what is necessary.
The question for this week, then, is:
Should Dato’ Seri Anwar Ibrahim stand for a by-election now and for him to quickly come into parliament to begin playing a constructive role?