INDONESIA IN THE TONG SAMPAH AGAIN

They are screwing up Indonesia again. Just two charts are proof enough. Here is the Indonesian rupiah - which has gone into the tong sampah. Over the past FIVE years the Rupiah has fallen from about 14,000 Rupiah to the US Dollar to the present level of around 18,000 Rupah to the US Dollar. Almost 29% fall.

Here are the Rupiah vs USD and the USD vs Rupiah.

Then here is the Jakarta Stock Market.  The past SIX months their Stock Market has dropped from about 9,000 points down to 6,000 points. That is a drop of 33%. 

MY COMMENTS: 

A lot of things are wrong with Indonesia. Much of it is plain, stupid, predictable Third World bullshit.  Its a waste of time even talking about them. 

But what does this mean for us - their next door neighbour? It means the wonderful Indonesian maids will still be around for a while. And those wonderful Indonesian workers and labourers will still be around.  

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