This is an alarming news which I read today during my breakfast. The news says “The present economic slowdown is benefiting a certain group of ‘businessmen’ by increasing their number of clients. And this clientele, seeking the services of ‘Ah Long’ - ‘loan sharks’, include those with five-figure salaries - people like doctors, lawyers and engineers.” Read the full story with this headline - Desperate white-collar borrowers turn to Ah Longs.

So who to blame, is it the people, is it the government, is it the system, is it the life, is is the Ah Long . . . . . before you get caught in this situation, listen to this song (in Malay language). . .


These are the true stories . . . .

  • Dr. Kumar (not his real name), 42, a specialist at a private hospital in Kuala Lumpur, used to think that people who borrowed money from loan sharks were “digging their own graves”. However, having recently plunged into a financial meltdown, Dr Kumar has no choice but to borrow from loan sharks.
  • Shaun (not his real name), a businessman, used to drive a luxury car and lived in a three-storey townhouse at an up-market area. Loan sharks were just stories he read in the newspapers. Today, Shaun has borrowed more than RM150,000.00 from the loan sharks after his business took a turn for the worse. He said “I lost everything in the recent financial turmoil, and had to sell my assets to keep my business afloat”. “Then I hit rock bottom and a friend suggested I borrow some money from loan sharks as they would be less hassle and faster than banks”.

Are you thinking of borrowing some money? I said wait . . . . read this before you do it . . .

Recently I was watching the news about a sad story of a women who was just laid off after working for “13 years” for one of the big three auto makers in the US.

She was explaining that “she wasn’t sure what she or her 30,000 co-workers were going to do — now that they were unexpectedly without a regular pay check”.

The story got me to thinking about the contrast between someone who understands how to generate their own income versus someone reliant on a corporation to make a living.

A couple weeks ago I returned from A Business Seminar, full of people who are self reliant and produce their own incomes.

During the Seminar I observed something that was amazing….NOT once did I hear anybody complain about the current state of the economy or even the upcoming election.

Could it be it because they were out of touch or simply didn’t care?

Nope.

It was is because everyone there was focused on building their own businesses and personal economies…

…by focusing their energies on what they DO have control of — which is to build their online businesses.

If you find yourself in a similar situation to the auto worker or are concerned about your job and would like to take back some control…

I would encourage to visit me here - “Exploring The Possibility of Earning Extra Income Online from the comfort of your home“.

The U.S. addicted to debt — and the country and millions of its citizens are at the brink of bankruptcy.

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