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

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netmask8
post Feb 5 2014, 03:09 PM

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RM weak is very good for exports and tourism.. With good exports and tourism,
more Msians got jobs/employment + OT, pay more taxes, less Msians will travel aboard oversea,
Demand / Purchasing Power for Luxury gadget/peripherals will be less , less outflow of RM and
economy trade will be surplus rather than deficit. However, inflation will be pressure to control.
High inflation fenomena is affecting worldwide now[cool.gif, Turkey, Argentina, India ..etc..etc ..
Luckily Our basic necessities food(rice, chicken, flour, salt, ..etc) are control items and if you hike
the sellable price, with policy Act and ppls will boycott traders and cook/eat at home..

Before and After CNY 2014, many firecrackers/fireworks spent and light up, many ppls ate at restaurants,
many new cars on the road, many ppls bought new smartphone/gadgets ..
DO you think Msia current economy is bad ?? International Reserves

This post has been edited by netmask8: Feb 5 2014, 03:20 PM

 

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