Rafizi Ramli podcast
I keep saying: Liquidity is a problem in Msia & ASEAN. Stagflation is the result. We have been is a stagflation economy since 2024. Cause is both wages not keeping up, Tech and ai not fully utilised due to govt policies and funding issues. Subsidies and GLC mismanagement and encroachment on SMI & SME markets are also another cause for tech funding, R&D lacking in productivity increase. Now, the policy makers are shifting the blame on these issues that were not paid attention to earlier because they were too busy politicking and attacking, defending against each other while in power.👎 Bank Negara says the second quarter's growth was driven by sustained domestic demand and strong export performance. That's true. Household demand is indeed robust. So why can't people feel it? Go ask folks at the shop. Many really don't feel it. And at the same time, cost of living keeps rising, wages aren't keeping up. Start with one concept. GDP measures output—how much...
