2 people like this.

125 comment(s). Last comment by treasurehunt 2023-08-15 17:54

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-25 12:11 | Report Abuse

Some people get addicted to the USD gg marijuanas news without thinking further consequences.

qqq47660

9,005 posts

Posted by qqq47660 > 2023-05-25 12:59 | Report Abuse

51 minutes ago | Report Abuse

most of the Asean countries are like that one. We can cari makan in Malaysia is good enough. Other than that, we can go overseas freely to look for job with the good reputation.

=========


what I know is Malaysians are well sought after in China and Singapore.

qqq47660

9,005 posts

Posted by qqq47660 > 2023-05-25 13:00 | Report Abuse


what I know is Malaysians are well sought after in China and Singapore.

...so give your kids a good foundation, their future is very bright.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-25 13:16 | Report Abuse

Don't know how low MYR can go. High risks for a peanut country bodek the wrong taiko...gg

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-25 19:00 | Report Abuse

India is so smart to drag (con) Russia into trouble through payment term in Rupees plus 30% discount for the crude oil.

In the first 11 months of the 2022-23 financial year, Indian imports from Russia were worth nearly $41.5 billion (€38 billion), while exports amounted to just $2.8 billion, according to data from the Ministry of Commerce and Industry.

https://www.google.com/amp/s/amp.dw.com/en/russias-rupee-problem-risks-harming-trade-ties-with-india/a-65628922

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-25 19:10 | Report Abuse

India is the first one strike a lottery from the war between Russia & Ukraine. Now, India is trying not to sell more goods to Russia and let Russia keeps Rupees in their banks. Hahaha!

qqq47660

9,005 posts

Posted by qqq47660 > 2023-05-25 21:16 | Report Abuse

To prevent that, by August they will announce terms for a brics currency

qqq47660

9,005 posts

Posted by qqq47660 > 2023-05-25 21:18 | Report Abuse

It's not sustainable if India only wants to buy oil with Indian money and refuse to sell stuffs to Russia for India money

qqq47660

9,005 posts

Posted by qqq47660 > 2023-05-25 21:19 | Report Abuse

What happens when Russia banks full of Indian money and no way to spend it?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-25 22:52 | Report Abuse

India was toyed by Russia for buying a carrier almost up to 4 billion and the carrier exploded after put in use and Russia demand more money again for repairing. A big joke!

In 2010, the Indian government agreed to more than double the budget for the carrier to $2.2 billion. This was less than the $2.9 billion Sevmash demanded, and much less than Sevmash’s suggested “market price” of $4 billion.

https://www.google.com/amp/s/nationalinterest.org/blog/buzz/indias-russian-made-aircraft-carrier-total-disaster-heres-why-110246%3famp

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-28 16:57 | Report Abuse

I3Lurker. The biggest problem is people may not know how to differentiate between God and Satan. The best for them to be naturally or keep triggering dopamine release to enjoy the temporary pleasure. They are are not interested to know the further cause truth is cruel.

Junichiro

2,063 posts

Posted by Junichiro > 2023-05-29 10:05 | Report Abuse

Posted by treasurehunt > 3 days ago | Report Abuse

Somemore, our new PM has not paid a visit to US. There is a price lor.
unquote

It is usual for the US embassy to send a congratulatory letter a newly formed government. Inside this letter, it will state what is expected by the US government. e.g. obeying US rule based order, promoting LGBT and Trans etc...... This is a revelation by former diplomats.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 10:55 | Report Abuse

US debt ceiling oredi reached agreement ? So, US can create moni to settle all their bills ?

nicholas99

9,897 posts

Posted by nicholas99 > 2023-05-29 10:56 | Report Abuse

keep print..

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 11:20 | Report Abuse

Money printing cannot be stopped. It can replace with digital currency to have another round of trimming. One of the big country has kicked off this ultimate measure to control it folks.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 11:35 | Report Abuse

Why stop the printing of moni which can be created from nothing by the central banker ?
Nobody can create anything from nothing in this world !

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 11:36 | Report Abuse

Digital currency also created from nothing ?

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 11:40 | Report Abuse

BTC also created from nothing ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 11:47 | Report Abuse

BTC is created from nothing with the intention of bypass traditional banking activities. It's widely used for money laundering purposes or hidden trades.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 11:49 | Report Abuse

Thanks veri much for your response.

nicholas99

9,897 posts

Posted by nicholas99 > 2023-05-29 11:49 | Report Abuse

macam tulip.. mafia launder their money.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 11:50 | Report Abuse

Digital currency can be started in a small scale which is part of the existing banking and finance activities.

nicholas99

9,897 posts

Posted by nicholas99 > 2023-05-29 11:51 | Report Abuse

the thing is bank don't endorse it. lol.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 11:54 | Report Abuse

What if the digital currency is introduced by the government as a pilot scheme?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:01 | Report Abuse

A big country has started the payment of salary to their government servants in digital currency in one of the city.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 12:15 | Report Abuse

Can digital currency become unwanted like the paper Japanese banana moni before ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:20 | Report Abuse

Unwanted currency? It's a legal currency in that country. Of course, it cannot be exchanged to overseas currency. It is merely with the intention for controlling normal folks kowtow.

Junichiro

2,063 posts

Posted by Junichiro > 2023-05-29 12:22 | Report Abuse

once it is digital, nobody will notice if there is a run on the bank.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:26 | Report Abuse

If one don't kowtow to the emperor , the digital currency account would be suspended...this person cannot do much.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 12:29 | Report Abuse

If digital currency ac can be suspended by the emperor, then who want the digital currency ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:31 | Report Abuse

Folks must follow. No right to have different opinions. That is an order of the emperor.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 12:38 | Report Abuse

If like that, digital currency system will make us into slaves to the emperor ?

The slaves will be whipped n caned by the emperor if they no obey the emperior order ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:42 | Report Abuse

Canned is very old fashioned. With the troops and digital currency plus sky eyes monitoring. Where you can run away from the emperor eyes?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 12:46 | Report Abuse

Luckily, emperor has not completed it final puzzle through developing AI surveying drones with military functions due to lacking advanced chips.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 13:02 | Report Abuse

Can we use Chat GPT to tell us to name to us the stocks to buy to make moni ?

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 13:05 | Report Abuse

Can we use Chat GPT to name the stocks in our Bursa for us to buy ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-29 13:22 | Report Abuse

You can try your luck. I have encountered many ads on choosing stock through AI/ChatGpt. Whatever means to use with the ultimate intention to identify next thematic.

ahbah

6,238 posts

Posted by ahbah > 2023-05-29 14:27 | Report Abuse

Thanks.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-30 17:05 | Report Abuse

Junichiro. Political risks is the crucial factor in investors nowadays. Globalization is dead. Investors would shy away from the opposite camp country to minimize political risks. PM should have been very mindful and avoid siding with the weak camp especially not to mention topic dedollarization. There is a price for simply talking sensitive issue without considering the consequences.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-30 18:11 | Report Abuse

May be he has different intention for Malaysia politics purposes rather than...

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-30 20:00 | Report Abuse

Look at oil rich countries leaders intended of dedollarization, Libya and Iraq. No good ending. US can't openly say you are not allowed to talk about this topic but they can do something behind to screw them upside-down. Luckily, Malaysia is not an oil rich country.

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-05-30 20:04 | Report Abuse

Hope PM to change his tone after the states election. Hahaha

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-06-26 11:59 | Report Abuse

CNY slided to 7.22 lor...It is merely an appetizer before serving the main course.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-06-26 12:49 | Report Abuse

CCP con investors. Anybody still believe US dollars becomes toilet paper in foreseen near future ? The fact is CCP members love US dollar privately. Don't be con by CCP supporters.

ahbah

6,238 posts

Posted by ahbah > 2023-06-26 14:08 | Report Abuse

If US dollars can becomes toilet paper, then what will become of our RM ?

treasurehunt

1,884 posts

Posted by treasurehunt > 2023-06-26 15:56 | Report Abuse

People who maintain a questioning mindset would hardly get con or brainwashing by nonsense information.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-06-26 16:17 | Report Abuse

令吉兑人民币却陷跌后起;令吉兑人民币开盘报0.6523,与上周五闭市0.6519几乎持平,休市时大涨0.36%至0.64951。

Riggit still stronger than RMB. Abang adik still want to de-dolarization. Please look at the mirror first.

Starship2

180 posts

Posted by Starship2 > 2023-06-26 16:46 | Report Abuse

I feel BRIGS talks about dumping the USD is more hype that actual action. There are already problems for Russia for its trade with India..as it does not know to do with all the ruppees it is accumulating. Similar problems is bound to occur beteween other countries too.. In any case , the USD will be used as the benchmark to determine the transactions values between the other currencies... And let us not forget that none of the currencies has widespead international acceptance ... that comes from having freely tradeable currency, an open economy and people's trust

qqq47660

9,005 posts

Posted by qqq47660 > 2023-06-26 18:48 | Report Abuse

USD for international trade will decline over time

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-06-26 19:22 | Report Abuse

中国审计署:与预算持平 去年中央财政赤字1.7兆
北京26日讯)中国审计署发布的年度审计报告显示,中央2022年财政赤字为人民币2.65兆元(下同,约1.7兆令吉),与预算持平。

央视报道,中国审计署受国务院委托,在26日向中国全国人大常委会报告了2022年度中央预算执行和其他财政收支的审计情况。

报告显示,中央2022年的一般公共预算收入总量10.75兆元、支出总量13.4兆元,赤字2.65兆元,与预算持平。

中国国家发改委管理分配中央财政投资6400亿元,其中安排中央本级支出1467.5亿元,对地方转移支付4932.5亿元,主要投向粮食安全、能源安全和产业链供应链安全等领域。

在中央部门预算执行方面,重点审计的41个部门及所属188家单位收到的财政预算拨款约2285.6亿元,发现各类问题金额109.85亿元。

审计结果表明,部门本级预算执行总体相对规范,但所属单位仍问题多发。存在利用部门职权或行业资源违规牟利、收费或转嫁摊派等问题,金额约6.2亿元。

审计报告专门公布了民生问题审计结果。在促进就业资金审计方面,审计署发现稳岗补贴被劳务派遣公司滞留截留和骗取等现象。此外,还存在部分地方职业技能培训弄虚作假,以及失业补助被蚕食等问题。

Deficits 25% of income no wonder currency so weak. With that percentages of decifits on par with 3rd world country.

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