Bank Negara held reserved is only RM101 billion at this moment. But Our debt has climbed to Rm 614,880,270 billion.
Salam to all, c n p from next door! Just Sharing a msg from someone in the financial sector…. And as corollary, I don’t think election is going to be likely in 2017 if the outlook for the country is that gloomy! Sure BN lingkup punya and who ever comes into power will have a tough time because the country will be financially very weak! So we MUST get back the country’s embezzled money!
Malaysian Currency is expected to depreciate further to RM 4.50 by end of September as Ringgit is not used as currency’s for trading in world stock exchange. Ringgit will stumbled as the govt further cut on export of crude oil due to over over supply. Everyone should take precaution as this is a economy disasters as a whole. Bank Negara held reserved is only RM101 billion at this moment. But Our debt has climbed to Rm 614,880,270 billion. Which means each tax paying citizen has a debt of Rm18,835. Current advice is Stop investing in any ventures , properties or car. Cash in hand is safe..as Disaster is on the way.
World Economic Analyst predict within the next 3 months, Malaysia economy will collapse.
Stock market & currency value will take a nose dive in a drastic manner.
This is due to world negative economic outlook for the year 2017
Crude oil will crash due to oversupply. As Americans are pumping more crude oil. The reasons:
i) to hurt Russian’s economy and her currency as Russian is world’s no1.
ii) ISIS in order to finance their survival is also selling cheap smuggled crude oil from Syria & Iraq thus flooding the oil market..
ii) ISIS in order to finance their survival is also selling cheap smuggled crude oil from Syria & Iraq thus flooding the oil market..
Malaysia’s oil production will be hit due to this…apart from the current political uncertainty and corruption which discourages foreign investments.
The world has perceived Malaysia as ranking no.1 for :
i) Corruption & Scandals and financial forgery in money laundering.
i) Corruption & Scandals and financial forgery in money laundering.
So my dear friends,please spend your money wisely. Keep your Money for rainy days. As we are heading towards difficult and bumpy days . The journey will be tough & unpredictable. This will hit hard on all of us, regardless whether you are rich or poor. All the best to All .
Author Unknown
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