Maverick SM said...It's not about fuel price increase coz it would probably add $50-$100 to motor vehicle cost. But the repercussion will be astronomic when all the other industries react to their higher cost and passing it down to consumers. Nothing can stop this tsunamic and spiralling effect.
Brace for the worst!
I was at my favourite mamak just now, the boss told me LPG cooking gas is officially RM24 bucks, only yesterday it was still RM19 for a big tank. Therefore todays Teh Tarik is officially RM1.00 an increase of RM0.30 from yesterday also. You will slowly beginning to feel the ripple effect sooner or later.
Ok back to the mamak session. I was having teh tarik with my chilhood frend ShanTao, he is what i call a snacks hawker on a motorcycle. What he does was fill his bike up in the early morning then park his bike in front of the school and start selling snacks and drinks to school children. After school start he will drive around the residential area selling paus and nasi lemak with his bike.
On a good day he told me he can make around 50-60 bucks, but during school holidays and semester break his income will drop tremendously.
He is married with 2 children, he is still staying with his parents so he dont have to worry bout paying for the house. His wife is a housemaker, so no income from her.
During our teh tarik he mentioned this to me :
ST : Wingz i think next time we knot come yum char so often alredi la.
Me : Why ?
ST : Everything going to be more expensive from now on, I dont have much money to spend on teh tarik anymore.
Me : Nevermind lar brader, nx time teh tarik on me ok ?
ST : I m not worrying bout teh tarik, I am worrying where to find money to feed my family ?
Me : ........
Yes, maybe you all dont realise it but there are still people with low income in our society. People that ngam ngam surviving on their current income and at the end of every month their pocket sure empty one. But that was yesterday, from today onwards their pocket will be emptied on the 3rd week itself, what about the forth week?? What they gonna eat?
Not everyone have excess money to be put aside every month, most of the low wage earner do not have savings either. What about them ? God bless them please!
Lets look at a different angle, now your salary is not as good as it used to be because of inflation. so you do what you do best, ask your boss for a raise. Your boss business also not so good because lets face it, our economy isnt going anywhere since last year. What can the boss do ? to retain his profits he will have to increase the price of the products which in turn will be passed on to the consumers. This will be a continous cycle untill the balance is restored.
The way I look at it, YES! The worst are yet to come! Get Ready and BEND OVER!!! we all are gonna get FARKED!
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