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7 comment(s). Last comment by calvintaneng 2015-08-11 10:27

speakup

26,859 posts

Posted by speakup > 2015-08-03 15:16 | Report Abuse

Thanks to najib we have RM3.80 = US$1. Now we all study locally, holiday locally, eat locally produced food, everything local.

Posted by Koay Yi Chuan > 2015-08-03 15:38 | Report Abuse

RMB will be a bad bet. RMB is kept stable for SDR inclusion. After that, there's little incentive to keep RMB high. Look at what the traders are doing with RMB forwards.

Posted by Wong Heam Kiew > 2015-08-03 16:47 | Report Abuse

May be just buy Singapore shares.

914601117

541 posts

Posted by 914601117 > 2015-08-04 10:26 | Report Abuse

Ringgit will be above 10 to USD when real riot occur and will stay at 15 when exodus of minorities begin.

Posted by Koay Yi Chuan > 2015-08-11 10:05 | Report Abuse

More to come

calvintaneng

56,242 posts

Posted by calvintaneng > 2015-08-11 10:27 | Report Abuse

Hi Guys,

I think all of you are too pessimistic at this juncture.

The crash of ringgit is a blessing in disguise. It makes Malaysian goods super competitive in world markets. See how Abenomic devalued the Japanese yen? As a result Japanese exports roared back to life against the Koreans, The Taiwanese & even against China!

When Dragi devalued the Euro against the USD hordes of tourists from USA made a beeline to Europe for tours & shopping!

And inbound tourism will also boom & boom for Exotic Malaysia.

Malaysia - Truly Asia
Malaysia - So Much More You Can Discover
And with cheaper ringgit tourists will flood all parts of Malaysia - bringing in billions rm!

And one place in particular will shoot up through the roof!!!

Iskandar & Johor

Why?

Answer:

Singaporeans will buy up Johor Real Estates like no tomorrow.

Singapore factories will all relocate to Iskandar

All Malaysians who travel to Spore to work in Spore during the day but live in Johor at night will have Tremendous Spending POWER!!!

Since Iskandar will be Asia's Theme Park of the World like Orlando in USA. Expect a Flood of Tourists to visit Malaysia and especially Iskandar in particular.

SO LOOK AT THE BRIGHTER SIDE!!

CHEERS!!!

HIP HIP HOORAY!!!

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