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 Malaysia current economy ? Bad ?, RM devalue, high inflation ? Ur view ?

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Azurika
post Feb 5 2014, 12:03 PM

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QUOTE(Irresistible @ Jan 31 2014, 03:17 PM)
With the devalue of Malaysia currency vs major currencies, RM 3.35 = USD 1
RM 2.63  = SGD 1

Price hikes for many things, eg. petrol, electricity, food etc... High inflation..
Some said "foreign sell off " and "exit of foreign fund" (investment ), further weaken us. (If Malaysia fundamental is strong, why they will sell off ?)

1. Is Malaysia economy still fine ?
No
2. Has Our politician doing their job well to ensure our economy remain competitive ?
No to the general public, yes to those with connections
3. Why RM currency kept drop in value ? And it's more than 10% within months... Is this bad ? Reduce our citizen purchasing power ?
Obvious reasons ?
4. What measures our leader can do to make our economy better ?
Replace the monkeys with leaders.

Thanks notworthy.gif
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