The Insolvency Challenge For Malaysia In The Next Six Months, And Beyond!
By Matthias Chang – Future Fast-Forward
INTRODUCTION
From March 18th, 2020 to end of May, 2020 I had invited all of you to focus on the two major issues, (1) The Liquidity Issue and (2) the Collapse of the Supply & Demand Curves and what we must do to overcome the challenges.
Thus far, the Prime Minister and his team have succeeded beyond all expectations given the time frame and the disastrous neglect of the PH regime in responding to the Covid19 crisis. Malaysians can be proud that our country did well, better than the developed countries by any measure.
It is no exaggeration to say that had our country remained under the PH regime control, we would have ended up like the developed countries, such as USA, UK, France etc – the lack of urgency (especially after WHO has already declared a global pandemic), lack of discipline, unwillingness to stand united to make sacrifices (following the lockdowns, in Malaysia’s case – MCO) and the lack of political will.
The subsequent blame game, which we see unfolding in those countries have torn their societies apart. We are at the precipice of an unprecedented political disconnect.
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