Stronger ringgit may see more Malaysians going overseas
At first I was like "niceeeeeeeeeeee" 2.95 this is great! I can buy this and that cheaper now!
Until someone reminded me how could that be nice when all our stocks are in USD then I went "oh ya fuck". The last time we converted was 3.4 then 3.2 then now we only get back 2.95 or 2.90? That actually offsets everything already SO HOW CAN THAT BE NICE!
Most parents would now send their kids to school in the US and they end up working there after they graduated. So now explains where all the bright people go to and then our newspaper would only report "top student from Malaysia in US" this and that but the news also end up saying they get a reputable job there. LIKE THAT REPORT FOR WHAT. PROUD OF WHAT? PROUD THAT YOUR PEOPLE STAYED IN US & DOWAN TO COME HOME TO WORK?
Ya then prices like food and shopping are almost the same, except maybe for imported vehicles but that itself also have that outrageous tax that comes with it.
Then Malaysians spend more because they get over excited about the 2.95 and bought more things online and went holidays overseas. From poor to being poorer wtf.
So..exactly how does it benefit me or you or everyone as a whole?
Okay maybe it does benefit country as a whole. I'm just blinded by the sadness right now for my stocks. Maybe wire commission also cannot cover back. Sigh.
2 comments:
No wonder your parents went overseas.
Look on the bright side. If u spend more buying online stuff in USD, then USD value will increase hence your profit from stocks coverted back to RM will also increase.
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