After a huge and disastrous of decline/depreciation of US stocks, as well as it's economy,
our ringgit has been finally declared that it was depreciated to 4.34 ringgit for 1 US dollar, and 3.04 ringgit for Singapore dollar !!!!!!!
NO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Why ????????
Many people will start panic, they were thinking whether it would affect our livings ?
or our nation's economy ?
....
So, let me ask ....
...
What the impact of ringgit depreciation to our nation economy ?
Is the impact very disastrous ?
DISASTROUS HELL YES !
Ringgit depreciation, ringgit are almost become a toilet paper .....
our living standard will be downgraded to a whole new level.
Our income will dramatically shrink, means that we will not have enough property for us to fulfil our needs in daily life/
However, the price of the needs . services, or even luxurious items will dramatically increase !
With these different negative effects impact together.
Im sure that would be really difficult or almost declared as mission impossible for us to survive in such of conditions.
Second, with our ringgit depreciated, our stock prices stumble dramatically,
which means that no more foreign investor will ever invest in our country again !!
Who wants to take a risk of losing their property by investing our nation's stock if the nation's currency are almost become scraps ? NO RIGHT ?
With no more foreign investments, means no exchanges.
No exchanges means no any profits, no profits means that no increasement on our domestic exchequer.
Given that our domestic exchequer always erode vastly each year (probably use for Rosmah to buy cincin lol ),
that will be greatly affected our nation's economy no doubt.
eventually our country will become a or even worse, nation's bankruptcy.
HEHE, that will be game over to us, if that really happen.
BN ! and especially JIB gor, look at this !
What have you done ?
You must be responsible for what you did to our nation !
F*ck off !!!
Monday, 7 September 2015
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