Untitled Document

 

Dr. Mahathir Mohamad

'Europe is poor so should live within its means'

| 07 Feb 2012

For decades the West has lectured the East on how to manage its economies. Not any more.

Now the emerging economies of Asia look like models of steady, consistent policy and sustained growth while Europe, America and Japan are mired in debt and are growing achingly slowly, if at all.

So what can the West learn from the East?

EUROPE AND NORTH AMERICA

By Dr. Mahathir bin Mohamad | Kuala Lumpur | 24 Jan 2012

1. Ever since the Europeans and this includes the Americans, lost to the Eastern countries in the manufactured goods markets, they have switched to the financial market. Through the many products they created in this market they seem to be able to grow and maintain their wealth and prosperity as shown by such indices as the GDP and Per Capita income.

Ahmadinejad says US used 9/11 as an excuse to start wars; Govt behind attacks: Mahathir

Source : News Agencies | Tehran/Kuala Lumpur/New York / 11 Sept 2011

The Iranian president said on Sunday the United States used the Sept. 11 attacks as an excuse for launching wars in Iraq and Afghanistan.

Mahmoud Ahmadinejad said the attacks were a “complicated, designed game” to affect people’s emotions and pave way for the invasions of Afghanistan and Iraq.

He also said US launched those wars to solve its own economic problems. Ahmadinejad’s remarks appeared on Iranian state TV’s website on Sunday.

The Arab Spring II

By Dr. Mahathir bin Mohamad
Thursday, August 18, 2011 | Kuala Lumpur

1. The Western Press has decided to label the upheavals in the Arab countries as the Arab Spring. But it is no spring as the attempts to overthrow authoritarian Governments in these countries have resulted in bloodshed and serious damage to property and to the economy.

Arab Spring

by Dr. Mahathir bin Mohamad
Kuala Lumpur | 11 Aug 2011

1. There is much gloating in the West over what is happening in the Arab countries. They, the West, have been peddling democracy to the world and at times they would assassinate leaders or invade countries so as to impose their democracy. Now the Arabs are doing this work for them. The Arabs themselves are overthrowing their authoritarian Governments so as to, presumably, install democratic Governments in their places.

Mahathir urges use of gold standard

Source : Mushtak Parker | Arab News
LONDON | 21 Nov 2010

Malaysia's elder statesman Mahathir Mohammed, the favorite politician of the Muslim man in the street and former prime minister, is never far from controversy.

Addressing the 5th International Shariah Scholars Forum, which was held in Kuala Lumpur recently in conjunction with the Global Islamic Finance Forum (GIFF) 2010, Mahathir in an outspoken attack stressed that the "collapse of conventional banking, finance and the monetary system has exposed their weakness and the ease with which they can be abused."

Four Trillion Dollars

By Dr. Mahathir Mohamad

1. How much is 4 trillion dollars? Star Business picking a report from foreign source says it is the value of Germany's total output for one year.

2. I try to imagine the figure 4 trillion and wrote it down. It is 4,000,000,000,000. It is a lot, a great lot of money. But it is just the amount of dollars traded by the currency traders in just one day.

3. Yes, the currency traders are still at it, worldwide financial crisis notwithstanding.

Turkey to sell gasoline to Iran despite sanctions

Source | Dr. Mahathir Mohamad
Alor Setar | 03 Sep 2010

1. America has a strong grudge against Iran ever since the Islamic revolution when personnel in the United States' embassy were incarcerated in Iranian jails for a very long period. Attempts to rescue them failed miserably when helicopters carrying a special force crashed.

2. Because America supported and sustained the autocratic and oppressive rule of the Shah, the Iranian revolutionaries labeled the United States as Satan.

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