"Malaysia will be BANKRUPT in 9 years!"

"Malaysia will be bankrupt in 9 years" - Idris Jala

Idris Jala, a government minister warned that Malaysia will become the next Greece and will be bankrupt in 9 years. So, now the government is trying to cut off the subsidies slowly.
I think cutting off the subsidies is one of the way to ensure that Malaysia will not be bankrupt BUT the people will suffer. There are a few other ways that I think it will be more efficient to improve our country's deficit. The first way, No Corruption! The people suffer just because of corruption! The second way, allocate the resources efficiently. Our government had wasted a lot of money for elections. Anyone knows how much had our government used for all the 'buy-elections' since March 2008? I got no idea.
It is seriously a big joke to hear that Malaysia, a country which is rich of resources will go bankrupt. I know that the two ways that I mention is impossible in Malaysia unless there is a CHANGE. So Malaysians, get ready to go BANKRUPT!!!