Wednesday, March 16, 2011

Malaysian households face mounting debt

Malaysian households faced with mounting debt - Aliran

Low wages and economic policies that are not in the interest of the ordinary people are driving households deeper into debt, observes Anil Netto.

The other day, I was at the ATM when I noticed a middle-aged couple in front of me in the queue. They tried a few times to withdraw funds. As I waited a few minutes, I overheard them saying they were trying to withdraw RM20, but the machine responded “insufficient funds”. They looked stressed and worried. .......... more at Aliran Malaysia

Other Headlines on Malaysia at myMalaysia News

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