Ringgit Jatuh Balik, Ekonomi Makin Tenat, Kaum 'Social Welfare Millionaire / Jutawan Duit Rakyat' Nak Jadi Penasihat Negara

 Here is today's USD / Ringgit exchange rate :

The Ringgit is going south again. Our currency is already weak and is weakening. This means we will be importing even more inflation.

Here is yesterday's (1/12/2021) Morgan Stanley Composite Index for ASEAN countries:

As you can see Malaysia is at the bottom of the list of FIVE Asean countries in terms of returns on investment in the stock market.

Malaysia is performing worse than the Philippines and Indonesia. 

In Ringgit the returns for the year are negative 9.8% !!

And because of the Ringgit's decline versus the US$, the return on investment in US$ is worse at negative 13.9% !!

I saw that list of names who are supposed to turn the country around. A few are ok but at least 20 of them are Social Welfare Millionaires or as Terence Netto said it people who 'fed at the public trough'.  Dracula Jaga Tabung Darah's  runner boy is also on the list.  

Salahnya terletak kepada orang Melayu yang tak mahu ambil tahu apa pun berkenaan ekonomi negara. Orang Melayu yang telah terlalu percaya kepada pemimpin Melayu dan sistem politik Melayu serta kerajaan pentadbiran Melayu. Semuanya sedang collapse. 

Pemimpin Melayu, sistem politik Melayu serta kerajaan Melayu AGIHKAN kekayaan. AGIH itu maksudnya mereka kena pilih penerimanya. Apabila kita AGIH sesuatu benda maksudnya perlu ada pemilihan. Tetapi pemilihan ikut style apa?

Pilih yang hidung mancung ke, kulit cerah ke, warna baju ke, saiz lilit kepala ke (yang latest)? Itulah maksud AGIH KEKAYAAN NEGARA.

Maka muncul-lah kaum elit yang sudah pun di AGIH kekayaan negara. Mereka sudah kenyang dan gemuk. Sekarang mereka pula ingin menjadi "imam mahdi" bagi ekonomi negara!!

Salahnya terletak kepada orang Melayu yang tak mahu ambil tahu apa pun berkenaan ekonomi negara. 

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.