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> Economy going down

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SUSash tray
post Jul 25 2013, 06:44 PM

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QUOTE(meistsh_musical @ Jul 25 2013, 07:40 PM)
well our argument is nothing...
we have our own way if economy crisis is coming.
because i can see it.  biggrin.gif
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My friends are starting to import those surplus/rejected goods from China, by the containers

They are prepared to sell those goods over here, when the economic crisis hits

Since the surplus/rejected goods are normally like RM0.30 per, if they sell for RM 2 my friends will still end up with many truckloads of cash
SUSmeistsh_musical
post Jul 25 2013, 06:57 PM

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QUOTE(ash tray @ Jul 25 2013, 07:44 PM)
My friends are starting to import those surplus/rejected goods from China, by the containers

They are prepared to sell those goods over here, when the economic crisis hits

Since the surplus/rejected goods are normally like RM0.30 per, if they sell for RM 2 my friends will still end up with many truckloads of cash
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food?

SUSash tray
post Jul 25 2013, 06:59 PM

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QUOTE(meistsh_musical @ Jul 25 2013, 07:57 PM)
food?
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I dunno yet. I just came back from abroad, not yet have time to check out what they got

SUSmeistsh_musical
post Jul 25 2013, 07:00 PM

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QUOTE(ash tray @ Jul 25 2013, 07:59 PM)
I dunno yet. I just came back from abroad, not yet have time to check out what they got
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well if toys or other stuff. i guess it useless le

plumberly
post Jul 28 2013, 11:25 AM

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Found this useful site on economy indicators.

http://www.fundsupermart.com.my/main/resea...l?articleNo=151

Cheerio.

P/S On second look, the data / graphs have not been updated since 2010! A pity!

This post has been edited by plumberly: Jul 28 2013, 11:29 AM
Vinspire
post Jul 28 2013, 02:08 PM

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Is the economy really going down? I heard people telling me the economy is slowing down since 5 yrs ago but yet I still see people buying.

Look at the minion frenzy & look at the que in burger labs for example. If the economy is so bad, then why people still go to expensive fine dining and can afford buying those iphone, s3, s4, s5?
plumberly
post Jul 31 2013, 08:32 AM

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https://research.stlouisfed.org/pageone-economics/

if you want to learn more about the economy.

napoli26
post Jul 31 2013, 08:35 AM

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jibby rage u baru tau
McFcker
post Jul 31 2013, 08:44 AM

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QUOTE(Vinspire @ Jul 28 2013, 03:08 PM)
Is the economy really going down? I heard people telling me the economy is slowing down since 5 yrs ago but yet I still see people buying.

Look at the minion frenzy & look at the que in burger labs for example. If the economy is so bad, then why people still go to expensive fine dining and can afford buying those iphone, s3, s4, s5?
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thumbup.gif tengok cafes, food places if economy going down still those places flooded with people even if the food or drinks cause more then RM10 each hmm.gif
pisces88
post Jul 31 2013, 08:48 AM

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a recent property launch showed that 90% units are booked in the 1st week. 600k condo. Mostly bought by young malaysians. Slowdown apa
SUSHuman10
post Jul 31 2013, 08:49 AM

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TS bb, pdrm is now finding you for posting rumor that will become hasutan.
Einjahr
post Jul 31 2013, 08:58 AM

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well even as the ringgit falls, alot of k said its good for Malaysian export but demand for Malaysian export (for instance palm oil)is in decline.

When ringgit become weak this is supposed to help our export but nobody want to buy.

Now what?
nxtpg
post Jul 31 2013, 09:05 AM

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QUOTE(pisces88 @ Jul 31 2013, 08:48 AM)
a recent property launch showed that 90% units are booked in the 1st week. 600k condo. Mostly bought by young malaysians. Slowdown apa
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brows.gif

correct correct correct


lohmaikai
post Jul 31 2013, 09:15 AM

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ok saja... i see pasar ramadan not effected also the economy
SUSadvocado
post Jul 31 2013, 09:24 AM

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Things don't happen overnight, when ringgit falls it still takes time for countries to make decision & negotiate the purchase, also they want to see if the fall is temporary or long term, at the moment Ringgit is fluctuating, last week up, this week down so it doesn't help boosting export unless it's a quick ebay purchase.

QUOTE(Einjahr @ Jul 31 2013, 08:58 AM)
well even as the ringgit falls, alot of k said its good for Malaysian export but demand for Malaysian export (for instance palm oil)is in decline.

When ringgit become weak this is supposed to help our export but nobody want to buy.

Now what?
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Einjahr
post Jul 31 2013, 09:27 AM

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QUOTE(advocado @ Jul 31 2013, 09:24 AM)
Things don't happen overnight, when ringgit falls it still takes time for countries to make decision & negotiate the purchase, also they want to see if the fall is temporary or long term, at the moment Ringgit is fluctuating, last week up, this week down so it doesn't help boosting export unless it's a quick ebay purchase.
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If you read the news, Malaysian exports has been down for quite sometime now.
zheng88
post Jul 31 2013, 09:31 AM

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Us salary men felt the pinch 2 years ago with the poor employment market and many have already opted for going freelance and pt. Sad state of affairs but we are globalised and when US and China sneezes we catch pneumonia.

Salaries have been going down whilst prices of necessities are going up and up. Real purchasing power is falling as more is needed to buy a kilo of chicken. My household have changed their diets from meat to vegetarian so that we can cut cost.
likimikuku
post Jul 31 2013, 09:38 AM

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why this kind of thread in kopitiam??
ShortLeg
post Jul 31 2013, 09:39 AM

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Vote for beeend for better economy. hmm.gif
Stupid people who vote for them now makes other suffer as well.
When they won election currency became stronger for a while,Now becoming worse and worse.
It's ok,Keep on voting for them and suffer.
SUSadvocado
post Jul 31 2013, 09:59 AM

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If you looked at your currency exchage chart you'd notice Ringgit is actually still high which resulted in reduced exports for the past year, recent fall on rm merely brings it back to normal.

QUOTE(Einjahr @ Jul 31 2013, 09:27 AM)
If you read the news,  Malaysian exports has been down for quite sometime now.
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