As Donald Trump wins, Malaysians – majority of whom who usually pays scant regard to the US presidential elections – started commenting.
“Will he ban Asians from entering the US? How would it be for us Muslims? Will he do trade with Asia? What about the present agreements – would he scrap those? Will there be more wars on Islamic countries? Who will he send as his ambassadors?”
A thousand and one questions were asked and remain unanswered.
And one wonders why it is that Malaysians need to worry at all, as this was happening in a country thousands of miles away, away from us all.
Yes, the stock markets started plummeting and currency went down and Asian markets became jittery, but did that not happen too when Barack Obama became the first black US President?
Two days ago, Bloomberg advised that this will happen after Election Day.
“In the hours after the president is elected, equity investors need to brace for volatility. What they shouldn’t do is panic.
“That’s because regardless of how prices react on Nov. 9, next-day moves in the S&P 500 Index are useless in telling what comes after. While the index swings an average 1.5 percent the day after the vote, gains or losses over the first 24 hours predict the market’s direction 12 months later less than half the time.
“This matters because the compulsion to act in the vote’s aftermath is often very strong — stocks swing twice as violently as normal those days, data compiled by Bloomberg show. They plummeted 5 percent just after Barack Obama beat John McCain in 2008. But while nothing says Wednesday’s reaction won’t be a harbinger for the year, nothing says it will, either, and investors should think before doing anything rash,” stated the report in Bloomberg.
As for Malaysians, they also have to look at Trump’s acceptance speech, which was nothing like the speeches he was known for during his campaign trail, with his wife and children standing by his side.
It was not unlike an Obama speech – what with unifying America, representing all Americans across races and religions, creating jobs for Americans and making America the best again.
Thus, while our media goes on and on about Trump, it looks like Malaysians need not worry much despite his seeming antics against American minorities and Islam in his campaign.
His win actually shows a true democracy at work as a complete outsider of politics can become a President.
Trump’s win also shows that people do not really care for the public perception anymore, or what the popular media says.
Yet, most of all, it may also very well be a message by the American people who had enough of politicians leading their country.
Perhaps, Malaysians could learn from that message.
Source : Zakiah Koya@The Heat Malaysia Online