What started as a cry for help by Malaysians during rolling lockdowns and galloping Covid-19 infections has come to epitomize the descent of their once-proud nation. The Southeast Asian country lost its status as a role model for the developing world some time ago. Now, it may be relegated to the lane of also-rans that shone during the heyday of globalization but failed to capitalize on a strong start. Malaysians in distress have taken to waving the white flag from windows and driveways. At the most basic level, it's surrender and a plea for assistance: food, a bit of cash to help pay the rent. Thanks to social media, the banners have taken on an emblematic life of their own. Not quite a movement; people have no hope, and not much desire, to overthrow the government, and it isn't clear these days that there's one to topple. It's more of a shorthand for discontent at the atrophying state and troubled economy. Read the whole thing. Millennials' Real Estate FOMO Goes Haywire — Lionel Laurent Europe's Elon Musk Drives a Bugatti Now — Chris Bryant Ten Simple Money Rules for Investing Success — Barry Ritholtz Gorsuch Critique of Landmark Libel Case Should Be Taken Seriously — Noah Feldman For Once, China and China Hawks See Eye to Eye — Tim Culpan The Burning Question for California Wine Country — Francis Wilkinson Saudi Arabia and the UAE: Breaking Up Is Hard to Do — Bobby Ghosh At Tyler Cowen University, No One Would Have Tenure — Tyler Cowen Let's Face It, Most Bankers Are Going Back to the Office — Marcus Ashworth This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership. |
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