譯文：金融騷動。

有幸閱讀到前首相敦馬的文章，讓我重新思考購買房屋的決定。覺得敦馬的這篇《金融騷動》(Financial Turmoil)非常有用，所以我花了點時間自個翻譯成中文版本。

由於我沒有借助網絡的翻譯機器直接翻譯，僅透過個人閱讀理解盡力根據原文的意思翻譯，所以，如果發現有錯誤的地方，要跟我說，我會去修改。先在此說抱歉，如果當中有翻譯錯誤的話。

這篇個人覺得真的很好，希望與大家分享。

金融騷動

1.全世界的金融走向正邁入騷動之中，但是馬來西亞的政客，尤其政府卻懵然不知，或毫不關心和憂慮。目前，美國主要的10家銀行已經倒閉。全能的美元也已經貶值。而今，最大的保險企業--美國國際集團（AIG）正頻臨破產邊緣。

2.在過去的3季裡，美國國際集團（AIG）損失185億美元(680億馬幣)，該集團竭盡所能注入資金以克服所面對的困境。若失敗，則必須面臨破產。但AIG將因此失去更多。

3.此次的失敗，全因由金融機構為製造龐大的金錢總額所創，諸如玩弄金錢、售賣抵押、文件及所有相關金融的貿易所引起。貨幣流通貿易是其一。

4.我不是金融專才但是我看見很多問題蜂擁而至。我們應該珍惜我們自己的貨幣以對抗貶值的美元。因為，這是導致我們經濟蕭條的導因。

5.不管政府透過管制的媒體宣傳我們做的很好，但是事實卻又是另當別論。外國投資者包括阿拉伯曾到訪我國，而報告主張將會有數百萬令吉的投資流入我國，但是那沒有跡象顯示投資者實際的投資。實際上，我獲悉資訊工藝領域已經有個撤消6億令吉投資的提議。

6.阿拉伯人購買新摩天樓方面，也沒有跡象顯示相關投資實際上的開始。

7.我和專業投資者交流時，他們告訴我，他們將不會作出投資，並且正在從馬來西亞股票市場撤離。馬來西亞股票市場數據已經顯示市場上有多少主要資金已經消失。我被告知那甚至超過1000億令吉。

8.與此同時，油價和糧食價格越趨昂貴甚至可能持續高升。但收入卻沒有增加。換句話說，我們正在經歷通貨膨脹。尤其是美國的金融危機確實嚴重打擊我們以致我們或許無法應付。

9.副首相拿督斯里納吉在這個關鍵時刻受委為財政部長。我祈禱並且祝福他能夠應付迫在眉睫的危機。若他不成功，他必須接受譴責。首相拿督斯里阿都拉現在只是牽涉在社會課題、重組課題(重組什麼？)及伊斯蘭文明(Islam Hadari)的課題。而他也適時地接管國防部。

10.我們目前正處於非常有趣的時刻。首相應該仔細閱讀沙巴進步黨主席拿督楊德利的新聞聲明。但我不認為他會如此。他聞名於告訴馬來西亞外交官若面對批評與質疑時，他們應該假裝愚蠢。我相信那正好說明了阿都拉在面對楊德利的聲明時會做什麼。

附錄：

1.今早我閱讀到聯邦儲備銀行(Federal Reserve Bank)將會撥出貸款數額850億美元予美國國際集團（AIG），以防止AIG破產。

2.我清晰地記得我們被告知永不保釋失敗的公司。但是，在過去的1年內，聯邦儲備銀行已保釋一打失敗的銀行、抵押的企業及其他生意。全部加起來，聯邦儲備銀行已撥出大約5000億美元。

3.我只是感到訝異那些錢從何處來。難道聯邦儲備銀行掌握數百億美元準備拯救這些失敗的銀行？我並不那麼認為。

4.那些被使用的金錢是從銀行戶頭紀錄中所創造出來的。並沒有現金或美元發出的紀錄，即使是打印的紀錄。就像魔術師一樣，聯邦儲備銀行從隱形來源製造金錢。

5.無論如何，美金將持續下降。

6.馬來西亞明智之舉是擺脫美元資產。國家銀行也同樣地應如此。它必然為已貶值的美元損失不少。

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Original Post by Tun Dr.Mahathir Mohamad : Financial Turmoil

1. The world is going through financial turmoil but most Malaysian politicians especially those in the Government seem blissfully unaware or unconcerned. Already 10 major banks in America have collapsed. The almighty US Dollar has depreciated. Now the huge insurance corporation, the American International Group is on the verge of bankruptcy.

2. In the last three quarters AIG lost US$18.5 billion dollars (68 billion Ringgit). AIG is struggling to raise funds to overcome its difficulties. If it fails it may have to opt for bankruptcy. But AIG is going to lose even more.

3. The failures are all due to playing with money, selling mortgages, selling papers and all kinds of financial dealings which have been invented by the finance houses in order to make huge sums of money out of nothing. Currency trading is one of them.

4. I am not a financial expert but I see trouble coming our way. Our currency should be appreciating against the cheaper US Dollar. But instead it is depreciating. This must be caused by weaknesses in our economy.

5. Despite Government propaganda through the controlled media that we are doing well, the reality is otherwise. The foreign investors, including Arabs came, and the reports claim that hundreds of millions of Ringgit in investment would be coming in, but there is no sign that the investors are actually investing. In fact I hear in the IT sector a proposed 600 million Ringgit investment has been withdrawn.

6. Apart from Arabs buying up new skyscrapers there is no sign that investments are really coming in.

7. I talked to potential investors and they told me they would not be investing and they are pulling out from the Malaysian stock market. The KLSE figures show how much market capital has disappeared. I am told that it is more than 100 billion Ringgit.

8. In the meantime the prices of oil and foodstuff are high and may go higher. But incomes are not increasing. In other words we are experiencing inflation. When the American financial crisis really hits us we may not be able to handle it.

9. Dato Seri Najib Tun Razak's appointment as Minister of Finance has come at a crucial time. I pray and hope he will be able to handle the impending crisis. If he fails then he will have to take the blame. Dato Seri Abdullah is now only involved in social issues, reform (of what?) and Islam Hadari. Appropriately he has taken over the Ministry of Defence.

10. We are in for a very interesting time. The PM should read carefully SAPP President Yong Teck Lee's press statement. But I don't think he would. He is reputed to have told Malaysian diplomats undergoing training that if they are asked critical questions they should "buat bodoh" i.e. pretend to be stupid. I believe that is precisely what Abdullah would do to Yong's statement.

PS

1. I read this morning that the Federal Reserve Bank will loan to AIG US$85 billion to prevent it from going into bankruptcy.

2. I remember well how we were told never to bail out failing companies. But in the last one year the Fed has bailed out dozens of failing banks, mortgage corporations and other businesses. Altogether the bail out has cost the Fed almost US$500 billion dollars.

3. I just wonder where the money comes from. Does the Fed hold hundreds of billions of dollars in readiness to rescue failed banks? I don't think so.

4. The money used is "created" through entries in account books. No cash or dollar notes are issued or even printed. Like a magician, the Fed make money from invisible sources.

5. Whatever, the USD will continue to fall.

6. Malaysia would be wise to get rid of dollar holdings. This goes for Bank Negara too. It must have lost quite a bit because of the depreciation of the USD.