such "thoughts" have been given over the last 3 years from v1 to this v5 thread!

if u think the "fundamentals" are strong, i like to hear them.... which ones are strong?

strong enough to incr foreigner confidence to buy the RM?

then, list down the opposites, the weaknesses - the systematic methodologies for big money missing, wasted, must spend on certain quarters, must borrow, etc... are these going to stop any time soon?!

how is all that going to strengthen any currency?

never crossed yr mind that 4.4x now may be too strong?

perhaps 5.0 is more suitable, more RM to throw around for same purposes, actually better all round esp for the crooks to keep going?!

look at the history of some of the worst currencies in the world in recent times and how they developed over 10, 20, 30 years.

RM has been the worst currency in asia for the last 3 years - that is no temp matter or joke but captures the realism of something fundamental gone awfully wrong that will not be corrected so easily.

This post has been edited by AVFAN: Apr 18 2017, 10:30 PM

nothing to explain to you if u don't already understand it all.

a related matter.

inflation 5.1%... do you think it will get lower or even higher?!

u shud already know...

becos of the weightage on the items in the cpi basket.

official 5.1% is for rural/villages.

urban/suburban, need to X 2.5 or 3 to get the real life picture.

This post has been edited by AVFAN: Apr 19 2017, 01:52 PM

more to come...

weak $.

if buy $ now, good chance.

things may change quickly.

So, here we go...

Back to how to open bank accounts in sinapaore.

Most popular subject in mutiple threads n sections.

This post has been edited by AVFAN: Apr 21 2017, 12:34 PM

it is not a matter of wishing.

things don't happen by wishing... well, maybe some people think so.

it's a matter of how u take care of yrself, when some others are screwing it big time.

these devils surely want u to keep wishing and wishing only.

just FYI.

right now...

brazil... new corruption scandal, president in the story.

stocks fall 10%, currency, the real fell 6.7%.

http://www.cnbc.com/2017/05/18/this-brazil...al-scandal.html

$ was last strongest in dec 2016 with index at 103.

today, it is 95.4 - a 7.9% drop.

in the same period, rm went from 4.45 to 4.296 - that's 3.5%, gain is much less than the $ decline.

take a look at other rmb, sgd, aud...

rm lost 1-2% against all of them in the last 6-7 months.

most dramatic is the euro - rm is almost at all time low of 5.0 to euro. good luck to yr travels to eurozone!


anyone who can't see RM actually weakened against other major currencies is definitely syok sendiri.

This post has been edited by AVFAN: Jul 12 2017, 02:52 PM

like it or not, bad policies are derived from bad politics!

the situation is such bad politics=>low confidence=>lack of funds inflow/continuous outflow=>weak currency.

and not that exports are incr big-big or monstrous tourist$ coming in.

there was a hushed-up report last week about some article claiming the budget deficit 1h2017 has widened significantly.

official secret, i guess, nobody talked further, MOF says wait till year end and see how... something like that.

no surprise it widens as it does every year, matter of how big.

if so, borrow more la... same same.


nothing has changed, probably got worse.

RM/$ improvement is not due to strong rm but a weak-weak $ at this time.

when the $ strengthens, we will see the true colors.

Einstein... insanity is doing the same things over and over again and hope to get different results.

Ok, some people probably will say he was an idiot, there are geniuses here like mox.

SGD is 3.13x again.

AUD.. almost 4.4 again.

Thai Baht.. RM1 can now buy 7.8 baht only.

congrats to those holding wealth in these currencies.

Becos USD falling n falling... RM falls with it.

$ index now only 94.6.

becos xyz is "obsessed" with stability with the $?!


the most impt one for us here is actually the china RMB.

RM1 now gets RMB1.57 only.

u can see why food n other basic items prices keep rising - we import a lot of such from china n thailand.

the only way to beat this inflationary pressure is SGD, AUD or Baht... not USD!

This post has been edited by AVFAN: Jul 18 2017, 01:36 PM

The time will come, maybe after ge14.

The big variable is confidence.

Until n unless the crooks are replaced, nothing will change.

This weak rm period has gone for so long, maybe some permanent structural damage done.

And it always turn out bad when u do not save n build when times r peaceful.

When the next global fin crisis hits, n some r saying it is already delayed, there is nowhere to hide.

becos $ falling again after no FED hike last night.

$ index now 93, 2.5 yr low.

RM fall with $ since the powers are determined to keep $/RM very stable.

that also means rm buys less n less euro, rmb, thai baht.

expect food n essential items price to keep rising.

nasi campur/chapfan will soon hit rm10 a plate!

ok, unless only nasi and kangkung.

to be exact, if u eat only nasi n kangkung, definitely not affected.

more fearful will be prices for infant formula, milk powder, medicines - all imported in various currencies.

i will surely need to cut down on my consumption of camembert n bratwurst.

it has always been amusing to me for some people to think results will be diff by doing the same thing again and again.

i.e. waste money, plunder money, steal money...

then borrow, borrow, borrow...

rinse n repeat.

for decades.

and keep[ saying the currency will strengthen.

the ultimate money delusion.

but works for millions of goons in this land.