29
Jul
Posted by KH » 2 Comments »
Mahathir Refers US Dollars as Toilet Paper
Tun Dr. Mahathir on his Chedet.cc – Blogging to unblock wrote an entry entitled “The Ringgit and the Dollar” on current US dollar crisis.
^ Tun Dr. Mahathir Mohamad, Prime Minister of Malaysia 1981 – 2003.
“13. To remain ahead in wealth the Americans and Europeans invented a new market – the money market. They invented ways of making money from money. These they call products although they cannot be eaten or used.”
“20. The money market products yield nothing substantial. They create no jobs, no tangible products, no trade in goods or services, no spin-offs in terms of business, no transportation of goods by land, sea or air.”
“26. And so they resort to printing money, to remain rich. But the money they print is as valuable as toilet paper.”
– Chedet
5 more days to 2nd of August. Has Washington and the Gang of Six figure out how to pay their own debt?
References:
Reference #1: http://chedet.cc/blog/
Reference #2: http://en.wikipedia.org/wiki/Gang_of_Six
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