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> Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei

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ray123
post May 2 2014, 03:52 PM

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QUOTE(bl@ze @ May 2 2014, 03:44 PM)
Am i missing something? All the ppl bashing hudud enlighten me: if the sultan cancel hudud is it going to magically make the economy better? Or u guys just bashing your islamic boogeyman of the month?
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It's not about hudud, it's about the Sultan enforcing an Islamic legal system designed to keep him in power with little recourse for the citizens to affect changes. He will never relinquish control and under their system, there is no way for him to be forced to reform.
sniper on the roof
post May 2 2014, 03:54 PM

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QUOTE(ray123 @ May 2 2014, 03:52 PM)
It's not about hudud, it's about the Sultan enforcing an Islamic legal system designed to keep him in power with little recourse for the citizens to affect changes. He will never relinquish control and under their system, there is no way for him to be forced to reform.
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This.
SUSrivost
post May 2 2014, 03:57 PM

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QUOTE(ray123 @ May 2 2014, 03:52 PM)
It's not about hudud, it's about the Sultan enforcing an Islamic legal system designed to keep him in power with little recourse for the citizens to affect changes. He will never relinquish control and under their system, there is no way for him to be forced to reform.
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and supposedly it is not a malaysian concern, but so many people go "wah, wah, my dreamland, my hero".

now let them see the real scenario of their dreamland.
aLittleMisfit
post May 2 2014, 03:57 PM

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QUOTE(soundsyst64 @ May 2 2014, 12:09 PM)
To malaysians who dislike living in malaysia, want hudud and don't care about country's economy, brunei is perfect place for you.
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ramaiiiiii
SUSsuguss
post May 2 2014, 04:00 PM

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So many malaysians drooling over singapore. Why aren't u packing yr bags yet?
SUSryanliew87
post May 2 2014, 04:00 PM

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So brunei is officially dream/wet/fap land for msian??? Syok weh
SUSKal-el
post May 2 2014, 04:01 PM

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QUOTE(ray123 @ May 2 2014, 03:52 PM)
It's not about hudud, it's about the Sultan enforcing an Islamic legal system designed to keep him in power with little recourse for the citizens to affect changes. He will never relinquish control and under their system, there is no way for him to be forced to reform.
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rclxms.gif thumbup.gif
northel
post May 2 2014, 04:13 PM

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i am disappointed with fellow malaysians bashing each other. why so much racial comments? why cant u guys just appreciate what we have now? i m sure there is SG-wannabe cainis as well. then i can see there is german-wannabe ppl as well. takkan u call them to migrate to those countries? why migrate when we still have chance to change our country to be better?
pickett plot
post May 2 2014, 04:20 PM

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Anything related to islam will be bashed in/k.
Welcum to malaysia.
CeDhhVss
post May 2 2014, 04:21 PM

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nobody want to invest in brunei since yesterday....

mariah carey pun x nak dtg...
Artus
post May 2 2014, 04:23 PM

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QUOTE(rivost @ May 2 2014, 03:51 PM)
peg to ringgit won't work too. malaysia devalues its currency trying to make exports more competitive. imagine more expensive imports knock in for bruneians, who already suffer from economic stagnation?
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Well, they have to decide if they want economic stagnation + deflation or inflation? If they want full control then have a full central bank like us. But a small country is not suitable to have a independent central bank. Singapore also should not have central bank but they want to have one so they have to play the appreciation ponzi game until one day sure get into a very high inflation situation because cannot appreciate the dollar any further. Small economies like HK and Macau only have currency boards.


Parrot
post May 2 2014, 04:48 PM

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Sooo...

How long do you reckon before Brunei runs out of oil? Because it'll be funny when that happens.
prophetjul
post May 2 2014, 04:51 PM

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QUOTE(Parrot @ May 2 2014, 04:48 PM)
Sooo...

How long do you reckon before Brunei runs out of oil? Because it'll be funny when that happens.
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Don't need to run out for the show to happen.

It only needs to reduce drastically.
SUSpgkia8
post May 2 2014, 04:53 PM

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Its ok, they got hudud.
Parrot
post May 2 2014, 04:58 PM

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QUOTE(prophetjul @ May 2 2014, 03:51 AM)
Don't need to run out for the show to happen.

It only needs to reduce drastically.
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Oh yeah, forget the Sultan's little Sharia, when the economy goes down the shitter people are going to be even angier.

Interesting times.
DDG_Ross
post May 2 2014, 05:02 PM

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They lower their oil export on purpose, as they know their oil reserve remains stagnant

But they are also actively increases their oil exploration effort and opening up previously unprofitable oil well

- insider info

CyberSetan
post May 2 2014, 05:05 PM

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QUOTE(patheon17 @ May 2 2014, 12:15 PM)
hope their oil faster finish, wan to c hw a country depended so much on oil suddenly hav no oil n collapse
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They probably will abandon hudud and turn the country into South East Asia's Las Vegas once oil ran out.

...or it can become Somalia of SEA, if hudud persist even if there is no more oil.

This post has been edited by CyberSetan: May 2 2014, 05:08 PM
bl@ze
post May 2 2014, 05:22 PM

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QUOTE(ray123 @ May 2 2014, 03:52 PM)
It's not about hudud, it's about the Sultan enforcing an Islamic legal system designed to keep him in power with little recourse for the citizens to affect changes. He will never relinquish control and under their system, there is no way for him to be forced to reform.
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I still don't see the connection with their economic problems though. Sure, it's a way for the Sultan to stay in power but I see no cause and effect between hudud and the economy while most of the posts here are making it seem like there is a connection.
Parrot
post May 2 2014, 05:29 PM

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QUOTE(CyberSetan @ May 2 2014, 04:05 AM)
...or it can become Somalia of SEA, if hudud persist even if there is no more oil.
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A civil war? Nah. The population is neither well-armed or politically strong enough to develop any opposition. In a way it reminds me of those brainless blobs that reelected BN after receiving measly handouts. The non-muslims are more likely to pusssy out than play Sharia house with the Sultan.

Of course, I'm not ruling out the prospect of an uprising, but Brunei is still pretty livable. It's going to take a lot of economic decline for something like that to ever happen, provided there is enough willing locals left to pull it off.

This post has been edited by Parrot: May 2 2014, 05:34 PM
SUSjaymansion
post May 2 2014, 06:15 PM

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Yes..go lick hudud....it's tasty....

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