SDG vs USD also dropped 11%.

Yeah... We are No 1, ranked from the bottom!

Which means RM has also depreciated greatly -against hkd! That sucks!

Ai... We are always a mediocre, not the best n not the worst...

10% SDG vs 30% RM? Which country is better protected?

If our government is transparent and clean like S'pore, we would have much much more money in our central reserve to rescue the RM!! Look at what is happening now? Government has no money, all the agency is complaining they have not received their funds which was promised during budget 2015. PTPTN loan is cut by 40% and delayed payment to colleges, schools subsidy money is delay and hence TNB issued warning letters to schools to cut electricity, etc. (i can go on and on...)

How sad is this?????

This is typical example of when a few individuals's scoping up all the resources and let the entire country (rakyat) to suffer!

This post has been edited by neonikson1: Aug 23 2015, 11:58 AM

This is what we call a responsible government!

Looking back at our country leader, proudly and openly announce they wouldn't intervene the ringgit!

This post has been edited by neonikson1: Aug 23 2015, 12:02 PM

Showtime bro, are you able to do a list like above by using RM vs other currency? This will be very informational.

That's why i sincerely requested Showtime bro to create a list to show the performance of RM against other currency. Probably this will make it easier to convince someone RM is one of the worst performing currency in the world.

This post has been edited by neonikson1: Aug 23 2015, 12:10 PM

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.

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

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!

You must be imagining the whole nation is into export and tourism business!

But we can't deny that most of the imports are from china. So just take MYR/RMB, also dropped 32%, used to be RM50 - RMB100, now RM66 - RMB100.

So you think the retailers wouldn't transfer the cost to the consumer?

This post has been edited by neonikson1: Aug 24 2015, 01:37 PM

Hard to say man.... Petronas is already using their savings to pay RM26B promised to federal government. There is no sign of O&G price to U turn in the near future. Some more Iran is coming into the picture to compete in O&G production and exports.

As we know 40% of nation's GDP is contributed by Petronas, are we sure our fundamental is still strong?

why did oil prices fall in 2008?
http://content.time.com/time/business/arti...1859380,00.html

why did oil prices fall in 2014?
http://www.investopedia.com/ask/answers/03...o-much-2014.asp

Can we see the difference?

That depends. If the country's unemployment rate is low due to the mess citizen left the country and causing shortage of manpower, that's not healthy.


Besides, the employee will become more competitive if they know that their job is being eyed by many others. If they don't perform, out they go!



This post has been edited by neonikson1: Aug 24 2015, 01:50 PM

Got, loan with fixed rate, but interest is much higher coz bank have to absorb all the risk.

This post has been edited by neonikson1: Aug 24 2015, 02:07 PM

I think by the time Bersih 4.0 it will be USD 1 : RM4.35.

Really?