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Age is just a number

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Age is just a number

Post by yellow knife on Thu May 10, 2018 10:47 am

One speaker said

" Sir you are leaving this company at the age of 70 and retire while Donald Trump take the responsibility of the world biggest economy at the same age"

when CEO of a listed finance company retired recently.

*****************************************************

Today morning I got a news alert and at once my old eyes captured two key words.

Mahathir Bin  Mohamad and 92 years old.. So my first thought was " Wow this man had ended a long meaningful life"

And next I read the message carefully hurting my old eyes without putting spectacles..

Former Malaysian Prime Minister Mahathir Mohamad (92) scored a historic victory in the general election, ending ruling party's six decade rule.

Ada Derana

Mahathir Mohadmad ,92 will become worlds oldest PM



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Re: Age is just a number

Post by Yin-Yang on Thu May 10, 2018 11:27 am

So, Yellow boy, What do think of him?
And why do you think he wanted to contest again?
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Re: Age is just a number

Post by yellow knife on Thu May 10, 2018 11:36 am

The first entry qualification to politics is power hungriness.. Mahathir is full of it..

Meanwhile our HE has said he is not willing to retire in 2020...
May he live long and contest at the age of 92 too

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Re: Age is just a number

Post by Yin-Yang on Thu May 10, 2018 3:57 pm

So he is not a saint?

What made Malaysia develop during his tenure?
Was it just coincidence with some world bank funding in the region?
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Re: Age is just a number

Post by yellow knife on Thu May 10, 2018 5:14 pm











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Re: Age is just a number

Post by yellow knife on Thu May 10, 2018 5:23 pm






Last edited by yellow knife on Thu May 10, 2018 5:46 pm; edited 1 time in total

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Re: Age is just a number

Post by Ethical Trader on Thu May 10, 2018 5:34 pm

Good presentation YK.
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Re: Age is just a number

Post by Yin-Yang on Thu May 10, 2018 6:59 pm

That's beautiful Bro!

So, he had a plan; did he?
Or was it just random trial and error effort?

Can you show Sri Lanka also in your tables?
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Re: Age is just a number

Post by Yin-Yang on Thu May 10, 2018 7:04 pm

BTW:

LEE K Y : 31 years
Mahathir: 20 years
+++

To have significant development (or disaster), a country needs one ruler to rule for more than 20 years in a row. Isn't it?

We should have left somebody to do it here also neh?

Either we would be Malaysia or Rhodesia.
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Re: Age is just a number

Post by yellow knife on Fri May 11, 2018 9:32 am

Ok... Ying Yang, we have discussed these issues in many threads..

1.
To have significant development (or disaster), a country needs one ruler to rule for more than 20 years in a row. Isn't it?

Yes...

This is what I wrote of long term serving which should apply not only to politics but also for Governors of Central Banks..

by yellow knife on Fri Mar 25, 2016 11:50 am
So
Ismail Mohd Ali was leading Malaysian finance for 18 years.



Alan Greenspan was leading US economy as FED Chairman for 19 years.



Such long tenures for Central Bank Governors is recommend by Gerorge Bagehot the writer of Lombard street.
http://forum.lankaninvestor.com/t6516p100-banking-sector


***********************************************************

2.

So, he had a plan; did he?
Or was it just random trial and error effort?

Well Ying-Yang, we compared South Korea and Malaysia..

Please look into these graphs and you can see how South Korea is leaping ahead leaving Malaysia

https://countryeconomy.com/countries/compare/malaysia/south-korea?sector=Annual+GDP+at+market+prices&sc=XE33#tbl

https://countryeconomy.com/countries/compare/malaysia/south-korea?sector=GDP+per+capita+%28Dollars%29&sc=XE34#tbl


A country with long term plan will often succeed that trial and errors... Malaysia of Mahathir was more of trial and error and American support, IMF, McKinsey backed etc but not South Korea.

Following illustrations are based on the same site of above info





We analyzed both South Korea and Malaysia in following threads..


http://forum.lankaninvestor.com/t6337-from-to-korea?highlight=korea

http://forum.lankaninvestor.com/t6396-malaysia-the-failure-we-copy?highlight=Malaysia

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Re: Age is just a number

Post by slstock on Fri May 11, 2018 12:13 pm

yellow knife wrote:Ok... Ying Yang, we have discussed these issues in many threads..

1.
To have significant development (or disaster), a country needs one ruler to rule for more than 20 years in a row. Isn't it?

Yes...

This is what I wrote of long term serving which should apply not only to politics but also for Governors of Central Banks..

...



This apparent looking necessity only applies to developing nations ( mainly in Asia
and Africa) .

In many democratic Developed nations, the rulers change every 4-8 years.
Even the high government officials ( like governors or commanders) change.
Yet the country continues.

What makes the difference ...... ?

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Re: Age is just a number

Post by yellow knife on Fri May 11, 2018 1:39 pm

SLS

Above issue is worth discussing...

What makes the difference ...... ?

Some nations prosper under Democracy while some fail like us..

Some nations prosper under Dictators or Semi Dictarors like Mahathir and Lee Kwan Yu...yet not under Rogert G Mugabay...

Why?

Irrespective of the nature of ruling like Democracy or Dictator, some other factors ...

What are these factors..?
Do we have one perfect path to follow or do we have to make the plan and path ourselves..?

Development cannot be engineered but a historical process in the argument of Why Nations Fail?

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Re: Age is just a number

Post by slstock on Fri May 11, 2018 1:43 pm


There is one main factor for the difference.

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Re: Age is just a number

Post by කිත්සිරි ද සිල්වා on Fri May 11, 2018 1:48 pm

Integrity and accountability.
(once we have those two, the rest will fall in places).

yellow knife wrote:
What are these factors..?
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Re: Age is just a number

Post by Yin-Yang on Fri May 11, 2018 2:33 pm

කිත්සිරි ද සිල්වා wrote:Integrity and accountability.

of whom?

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Re: Age is just a number

Post by කිත්සිරි ද සිල්වා on Fri May 11, 2018 2:38 pm

US Very Happy
Yin-Yang wrote:
කිත්සිරි ද සිල්වා wrote:Integrity and accountability.

of whom?

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