Tuesday, October 16, 2007

the shrinking ringgit!...

this thought comes up to me every now and then.. especially when am travelling... went through this post and found it to be true to a certain extent... (http://niamah.blogspot.com/2007/09/little-things.html)...

do you think our ringgit are really weak?!?... is this some man-made after effects?!?...

wat say you?!?...

btw, had a chat with a good number of people over the past few months or so who most of them run their own biz.. the current economy is crap and stagnant fm late 90s until now... we thought, talked, discussed and encouraged each other about the next booming cycle, so everyone can have a good time again..

malaysia looks good on the books with the current movements and projects... think as aab said, these are the so called feel-good factors.. i dun think so tho!..

also, if am not mistaken someone once told me... approx 65%-75% of companies are under the npl status at this very moment... if this statistics proves to be true, then this says a lot on the current shitty situation we are in eh?!?..


p/s ; we currently have zero purchasing power as a nation... our natural resources are getting thinner and thinner... also, we are going to be a net importer of oil very soon!...

p/s ; compare a dollar to a dollar.. malaysia is indeed an expensive country!..

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