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16 comment(s). Last comment by andychucky28 2015-06-29 11:21

Ny036

717 posts

Posted by Ny036 > 2015-06-28 17:33 | Report Abuse

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

Ny036

717 posts

Posted by Ny036 > 2015-06-28 18:14 | Report Abuse

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.

calvintaneng

56,701 posts

Posted by calvintaneng > 2015-06-28 18:22 | Report Abuse

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!

Ny036

717 posts

Posted by Ny036 > 2015-06-28 18:26 | Report Abuse

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?

ramunia

1,123 posts

Posted by ramunia > 2015-06-28 21:13 | Report Abuse

Most , not all, of Malaysians suffer under Najid.

Ny036

717 posts

Posted by Ny036 > 2015-06-28 21:20 | Report Abuse

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

Ny036

717 posts

Posted by Ny036 > 2015-06-28 21:36 | Report Abuse

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?

Ny036

717 posts

Posted by Ny036 > 2015-06-28 21:37 | Report Abuse

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

Ny036

717 posts

Posted by Ny036 > 2015-06-28 21:41 | Report Abuse

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

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-06-28 22:34 | Report Abuse

Singapore debts is 100 billon more!

cariayam

266 posts

Posted by cariayam > 2015-06-28 22:52 | Report Abuse

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

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-06-28 23:22 | Report Abuse

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

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

Ny036

717 posts

Posted by Ny036 > 2015-06-28 23:35 | Report Abuse

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?

Posted by GoodCompanies > 2015-06-29 11:08 | Report Abuse

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

Posted by GoodCompanies > 2015-06-29 11:10 | Report Abuse

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

andychucky28

1,600 posts

Posted by andychucky28 > 2015-06-29 11:21 | Report Abuse

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

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