Would like to share this article by Dr. Fong Chan Onn
He illustrates the reasons why we Malaysians are stuck in this endless cycle of 'low pay, high expenditure'. Of course it sucks but its a reality in our country though many disregard it due to their unexceptionably low 'comfort zones'.
Read on at this link:
Caught in the middle income trap
08 February, 2010
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