Ong Mali - Come, Let's Talk $Money$

MALAYSIA NATIONAL DEBT CLOCK

MrWealthy4321
Publish date: Sun, 28 Jun 2015, 11:13 AM
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Our national debt (consisting of all govt borrowings) explained in a timely, simple and informative manner using a debt clock.
 
The site can be found here.

 

Discussions
Be the first to like this. Showing 16 of 16 comments

Ny036

The figure keep going up. Wow, every second about a thousand. If the figure up mean our ringgit currency keep dropping.

2015-06-28 17:33

Ny036

But then sing dollor is so strong. Must some unknown data that I dun know. The national debt must consists a lot other info or data.

2015-06-28 18:14

calvintaneng

Only way to protect from crashing ringgit

1) Buy Undervalue KLSE Stocks with good dividend

2) Buy gold

3) Buy landed property (especially 1 or 2 storey houses) in Iskandar.
Why Iskandar?

Answer:

Iskandar property price difference will get even cheaper for Malaysians working in Singapore earning S$1 = Rm2.80!

So Iskandar House Prices & Rental Rates are Bound To Go Up & Up!

2015-06-28 18:22

Ny036

If dun buy gold, house at iskandar or undervalue stock at this moment as I guess market will go down further, can buy sing dollar or china yuan first. Maybe later only comeback to stock?

2015-06-28 18:26

ramunia

Most , not all, of Malaysians suffer under Najid.

2015-06-28 21:13

Ny036

Ks55, can you explain what is RMB dominated collectibles. I m new on this. How n where can I invest? Trying to learn.

2015-06-28 21:20

Ny036

If a country or company is doing a big business and their loan or debt is huge. However if their business is transparent n good return/profit . They will able to service their loan constantly. This will give good confidence to bank and investor. So if Singapore are in this case, even their debt is high the currency will be strong too. Their economy will become bigger. Betulkah?

2015-06-28 21:36

Ny036

Thanks ks55. 20 to 30 % is much better than epf.

2015-06-28 21:37

Ny036

Ks55, the longer puerh tea keep, the high value, rit?

2015-06-28 21:41

fortunebullz

Singapore debts is 100 billon more!

2015-06-28 22:34

cariayam

note: Singapore's public debt consists largely of Singapore Government Securities (SGS) issued to assist the Central Provident Fund (CPF), which administers Singapore's defined contribution pension fund; special issues of SGS are held by the CPF, and are non-tradable; the government has not borrowed to finance deficit expenditures since the 1980s; Singapore has no external public debt

Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of August 23, 2014

2015-06-28 22:52

travoltakeong

Malaysian debt increase RM1,000 per second......mampus......Mr.PM....what have you done to Malaysia.....

http://www.nationaldebtclocks.org/debtclock/malaysia

2015-06-28 23:22

Ny036

Pm is driving in reverse gear. If reverse gear have high speed , he will use it too. See Greece default n how the reaction Tomolo. Will the citizen rush to the bank.? Our country coming soon?

2015-06-28 23:35

GoodCompanies

Read this for another explanation on Malaysia's Government Debt.
http://1-million-dollar-blog.com/rm500-billion-debt-malaysian-government-bankrupt/

2015-06-29 11:08

GoodCompanies

It says Malaysian Gov has 1,100 billion in assets..with detail calculations and data

2015-06-29 11:10

andychucky28

Raya raya... where all the money gone! Drop drop drop

2015-06-29 11:21

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