Why are we comparing with the weak but not with the strong?

Even for us to compare with Singapore we should feel extremely shameful! Singapore is only as big as Klang Valley with a population of 5 million. No natural resources what so ever. But they are able to be the most competitive country in the world with a per capita income of USD50k.

Do you still need to compare? Why can't our ruler just admit that we have failed?

Ideally we all Malaysian don't travel to overseas and don't import anything overseas and we only attract people coming to Malaysia to study and vacation.

Is this possible?


Honestly, How many household items that you are using is made in Malaysia? Please go and count it now.

Yeah, very informative with many currencies dropped against strengthening greenback.. Many countries are in currency war to depreciate their currencies, to boost competitive EXPORTS and tourism. Thanks for the great information, that linked it to strengthening greenback with 1st interest rate hike by USA FED soon.

Ppls talked abt currency .. Not country comparison.It is a global currency wars now,..
U open new topic, and talk abt Spore Vs Msia, Chn vs Jpn and Russia Vs Germany on natural resources / land. Which is more successful? Or open new topic abt ruler.

can you do a study on how much money the country made (education, tourism, export) vs the money we lost (import)?

If Malaysia currency depreciate because of massive QE to push growth and put more liquidity.. thats good.

If Malaysia currency got dump by FF and then currency depreciate... tats bad sheet lolx.

Is it true that MYR is now labelled as POA?

that is where some people dun understand.

it is obvious many, esp our politicians and their supporters can't even understand the roots of the problem.

so, it is denial all the way; it's all due to external, nothing we can do, we are better than abc or xyz, it's ok.

when there is denial and non recognition of the problem, how can there even be an attempt to deal with it?!

Msia debt credit ratings by top 3 agencies in the world is the answer. Let wait and see, rather than many ppls trusted 100% photoshop EDIT that many saw in social networking. Thanks.

So we wait until the country going to bankrupt then only we will realise we are in deep shit?

May be by then they will say... Oh we are not the first country to go bankrupt, so still ok!

I know little on economy and no idea really how the currency movement.
I noted yes, currency is more on global issue BUT our internal issueS has caused the situation worse.

I did follow ON Nazir whenever his interview was made available and try to get his thought

So he said during a interview that his investors are concern on the (1) political sentiment and (2) independent of our institutions.
Also, when ask about whether Najis shall withdraw from the post of Finance Minister, he choose not to answer that question. But he joked with the reporter that it was a good try/ question.

I hope I able to read his mind then.

that was in jan 2015, 7 months ago.

rate was about 3.60 then. now 4.17... almost 16%.

u can calculate what net gain or loss in rm according to the foreign asset prices up or down since then.

there are always risks; in fact, huge global risks at this time.

a matter of how well u manage them.

bankruptcy is a big word, has different meanings for diff people and nations.

as it is, basically, we are all much poorer with our money and savings.

workers will need to work longer, retirees will get much less purchasing power now.

will the rm improve strengthen significantly and quickly?

i personally doubt it.

This post has been edited by AVFAN: Aug 23 2015, 01:58 PM

What is POA?

Friend, you reference to USD and reference to MYR will be similar lah. Ie. you convert RM to USD, then USD to that particular currency. The result is similar (although not exact to the dot)

Anyway, here it is. Although I feel stupid to table it out But I know you are sincere, so I do it for you

MYR/USD -31.8%
MYR/HKD -31.8%
MYR/RMB -26.9%
MYR/GBP -25.1%
MYR/TWD -21.0%
MYR/THB -18.1%
MYR/SGD -17.1%
MYR/JPY -12.3%
MYR/KRW -12.5%
MYR/Eur -12.6%
MYR/IDR -10.7%
MYR/CAD -10.3%
MYR/NZD -4.5%
MYR/AUD -3.6%
MYR/RUB +45.1% (bloomberg no MYR/RUB quote. I use USD as reference point)

If your maths in SPM got a pass, you will know any currency quoted in USD or RM will be similar

When the boss is stupid, so is the macai

Cannot elaborate, akways linked person to mangali, macai and other so on names called. Or whether maths in spm got a pass or not, it is not yr problem. Be rational and critical thinking mind. U already describes yrself here. Cuurency wars are happening. Perhaps, do more reading will helps than name calling. Still never learn? KNS..

We all know that currency war is happening but do you get the point why RM is performing worse than a lot of other currency?

Perhaps you need to be more open minded and think more critically too

This post has been edited by ohcipala: Aug 23 2015, 03:24 PM

Do u know the exact agendas/motives of depreciation of currencies in currency war? Ask that dude that is "smart" and got good maths in SPM. He later will names calling and links everything to political influence.. Have a great day.

You are a famous macai in LYN mah...everybody knew it

I have shown you cold hard numbers. All you can reply is just rhetorics ? When you can't even understand the simple numbers. What else can I described you ?

He kena brainwashed ady. Someone needs to crank open his head and press the reset button. Haha