Introduction Can anyone imagine what will happen to Malaysia in a few more decades? The debt crisis in Malaysia is becoming increasingly severe due to lack of management by individuals. A serious debt crisis could bankrupt our country. National leaders should steer others away from debt. If this scenario continues, Malaysia could follow the lead of Greece, Spain, Italy and Portugal. The debt crisis can be avoided by providing training and courses to employees, improving individual personal finance management and filtering candidates in the hiring process. Basic Paragraph Debt crisis is becoming common and faced by most citizens in Malaysia. Between June 1997 and January 1998 a financial crisis spread like wildfire across the “tiger economies” of Southeast Asia. In the previous decade, the Southeast Asian states of Thailand, Malaysia, Singapore, Indonesia, Hong Kong and South Korea had recorded some of the most impressive economic growth rates in the world. Their economies had expanded by 6% to 9% annually, as measured by gross domestic product. This Asian miracle, however, seemed to come to an abrupt end in late 1997, when local stock markets and currency markets imploded in one country after another. By the time the dust began to settle in January 1998, the stock markets of many of these states had lost more than 70% of their value, their currencies had devalued against the U.S. dollar by a similar degree, and the once-proud leaders of these nations they had been forced to go hat in hand to the International Monetary Fund (IMF) to ask for massive financial assistance. (WLHill, n.d.) Provide sufficient training and courses to the upper management team. Courses like leadership and motivational programs will all be…middle of the road…many future problems can be reduced and thus help in improving the bottom line of the organization. Therefore, we can see that filtering the employee recruitment process is essential. Because good employees can create a good organization, at the same time a good organization generates good profits and is able to produce a good GDP for our country too and thus we can protect ourselves from the budget deficit which will eventually lead to the debt crisis.ConclusionIn Simply put, the debt crisis should be addressed immediately with actions such as providing sufficient training and courses, improving individuals' personal financial capabilities, and filtering the employee recruitment process to prevent it from spreading. The next generations should have raised greater awareness towards this issue. If immediate action is not taken, I believe the debt crisis will worsen in the future.