Malaysia is falling into recession soon?

WHILE the world is reeling from what is possibly the worst global economic crisis since The Great Depression, most Malaysians have been too preoccupied with its own political drama to pay much attention to the financial meltdown. Everyone is busy talking about politics. The opposition taking over, the opposition not taking over; the PM stepping down, the PM not stepping down; who will become the new PM's deputy, who will not; is Anwar guilty of sodomy, is he innocent. Based on the newspaper headlines, many seem to think that it only affects the US, Europe, and other countries in the region. Malaysians tend to think that based on strong commodities and crude oil prices that Petronas is selling, we are somehow insulated from what is happening elsewhere.

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