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Thread: It breaks 3.8

  1. #31
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    Quote Originally Posted by Henry T View Post
    Tokkok. We are not even self sufficient in food. Rice also have to be imported.
    I've always sensed this is true but people are taking things for granted and lots of importers are making huge profits on this kind of sole import ventures..its not like its free trade. Rice is strictly regulated and controlled by BERNAS, THEY force the prices on you whether you like it or not, even you complain rice is cheaper at Danok or Kolok border towns. They don't batter an eyelid!..put a big poster at Immigresen to heavily fine you when you self import any rice from Thailand.
    As long as people are "spoilt for choice", still affordable (I will not use the word "cheap"), and seemingly plentiful, most people aren't going to kick up any fuss that Malaysia isn't producing enough to sustain its population, immigrants, foreign labor and all for any length of time. Just imagine, stop ALL food imports, see if Malaysia can eat like no tomorrow?.. I bet tomorrow oso you won't know what is available anymore!

  2. #32
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    Quote Originally Posted by Henry T View Post
    Tokkok. We are not even self sufficient in food. Rice also have to be imported.

    Oh, I know what we can do - eat less, like two meals a day.
    Msia produces only oil, I don't see any other things that is practical to use other than oil and maybe rubber. But we don't use rubber everyday.

  3. #33
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    Quote Originally Posted by Henry T View Post
    Tokkok. We are not even self sufficient in food. Rice also have to be imported.

    Oh, I know what we can do - eat less, like two meals a day.
    Old people always say....no money eat " ham yue cheng choy " think of it salt fish now is also expensive.

  4. #34
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    Quote Originally Posted by jan tomaswaki View Post
    Old people always say....no money eat " ham yue cheng choy " think of it salt fish now is also expensive.
    Salted fish is a delicacy now?

    Wired a USD payment this morning. Rate is 3.79.
    " In the land of the blind the one-eyed-jack is king."

  5. #35
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    Cash out some USD 6 months ago, when it was on down trend. Yesterday, converted more $ at 3.745. It was at this kind of moment, I wouldn't mind if it is 3.8 or higher! as the Chinese saying goes 有人欢喜有人愁!

  6. #36
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    Remind me of 1999... !!

    The Malaysia IRD exempted personal income tax in 1999. I think it is due to streamlining the new " tahun tafsiran ". In this year also, the pound sterling strengthened against MYR like never before. I still remember the rate was around 5.777 !!

    Many of those who worked in an anglo-american oil company and were given company share quickly sold the shares. It is a bountiful double gain - currency gain and tax-saving gain... !!

  7. #37
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    Time to eat more Durian...
    Durian exporter make more money loh...

  8. #38
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    Quote Originally Posted by Henry T View Post
    Tokkok. We are not even self sufficient in food. Rice also have to be imported.
    This we have Mahathir to thank for! When he forced Chinese out of padi field in Kedah!

  9. #39
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    Oh! Thank God! ......And here I had almost 'pee@d in my p@n$s' worrying sick about our fate! ......I tell you these fellas who post 'negative news about our linggit' in Forums, worrying you unnecessarily,..... trying to 'scare our wits' should be hung to a fan by their ba!!s and let 'em 'spin with their spins' .....

    Alright Folks.....Now that TPTB has confirmed that the falling ringgit is 'Good For You'......Relax and Go Back To Sleep!'

    'Weaker ringgit good for economy, says economist'

    "The depreciation of the ringgit is positive for the Malaysian economy.......It is not a major problem......"In fact, I don't see much impact"

    >>ReadMore@TMI<<

    ------------------------------------

    Quote: "One of the people who is happy the ringgit is low is me"




    So So.....does this mean I should pray for 'Breaking 5.0'???

  10. #40
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    Quote Originally Posted by kuma View Post
    It doesn't matter if those numbers are real or not.....nothing is real anymore.....

    But, me figures.....the FED will back out..... 'will not' raise interest rates....but opt for QE4.......
    I still guessing....lets see what happens


  11. #41
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    Quote Originally Posted by kuma View Post
    "The depreciation of the ringgit is positive for the Malaysian economy.......It is not a major problem......"In fact, I don't see much impact"

    >>ReadMore@TMI<<

    ------------------------------------

    Quote: "One of the people who is happy the ringgit is low is me"

    Some people are either fools themselves or think the people are fools. Unless you are US of A who owes the world trillions in you own currency you wouldn't want your currency to be too low ..... or too high. It is a double edge sword.
    Last edited by Henry T; 12-06-2015 at 08:28 AM.
    " In the land of the blind the one-eyed-jack is king."

  12. #42
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    Quote Originally Posted by Henry T View Post
    Some people are either fools themselves or think the people are fools. Unless you are US of A who owes the world trillions in you own currency you wouldn't want your currency to be too low ..... or too high. It is a double edge sword.

    Or if you are the UK whose only exports are North Sea oil and Premier League Football.
    " In the land of the blind the one-eyed-jack is king."

  13. #43
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    I donno......Is it a Heads Up?.....Or a Heads Down?

    Just minding my own business on the Web on a lazy Saturday afternoon.....then this chatty ......

    keeps popping up.....keeps saying.....

    I say 'What?'......birde says "Soon, soon"

    Birde swaaks......"Share it, Share it"

    Aiya I say........haven't I got enough headaches oledi .......OK, just obliging birde.....I owe her one, she been an Angel anyway......No comments please

  14. #44
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    Now It's Official!

    Malay Mail: 'Najib urges vigilance as Malaysian economy faces headwinds'

    "Malaysia must brace against economic “headwinds” that may hamper the country’s growth and income......economy will be affected by the high household debt at 87.6 per cent of the gross domestic product......uncertainty over interest rates in the US........geopolitical tensions, China’s slower economic growth, spillover effects from monetary policies"

    He sure has listed a bunch of possibilities that are 'external'

    And then....

    "The theme of this year’s Budget consultation is “Strengthening Growth, Enhancing Inclusiveness, Ensuring Fiscal Sustainability”.......Budget 2016 is expected to be tabled in Parliament on October 23, 2015."

    Akan datang!

    >>Read More Here<<

  15. #45
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    Fire sale is coming. Get those cash ready.
    " In the land of the blind the one-eyed-jack is king."

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