It’s a decade after recession hit, should we still worry?

Rising dollar: The US dollar is rallying again after floundering for most of the past year. — Reuters

TODAY, Malaysians are happy. Three weeks ago, the unexpected happened at its 14th general election.

The increasingly corrupt Barisan Nasional government (being in power for more than 60 years) was decisively overthrown, and a healthy 92-year old Tun Dr Mahathir Mohamad (the new comeback-kid) returned as Prime Minister, leading the four-party opposition coalition back to power. There’s good reason for Malaysians to be joyous.